MSC Insight Doing Business in Thailand Guide With a Specific Example of Healthcare Business Introduction Thailand actively encourages foreign investments; however, foreign investors must comply with the regulatory framework designed to safeguard national interests. This guideline provides an overview of the principle legal considerations for foreigners seeking to establish or operate a business in Thailand. […]

MSC Insight Negative Income Tax What Is Negative Income Tax? Negative income tax (“NIT”) is a concept known and implemented under different names in countries like the US, UK and some other welfare states. NIT is recently introduced by the Thai government which is planned to be implemented by the year 2027. The idea behind

MSC Insight What We Learn from the “Mad Unicorn” What’s a Unicorn? A Unicorn is a startup term to describe a privately-owned company (as opposed to a listed company) that is valued over USD 1 billion. Why Do Investors Want to Own Shares in a Company? In the series, we see that the percentages of

MSC Research Holding Company in Action What Is a Holding Company? A holding company is a limited company that primarily holds shares of other companies where its key source of income is dividends, rather than having its own active operation. A holding company can be used for various purposes, as follows. Tax Advantages Exemption on

MSC Research Reciprocal Tariffs How Global Markets are Shaken under Trump’s Administration What is Tariff? Tariff is a type of tax imposed by the government (of a particular country) on imported goods. Calculation methods of tariffs include the calculation according to the value of goods (ad valorem), the number of units of goods imported (specific

MSC Research Non-Disclosure Agreement What Works and What Doesn’t How do you think Coca Cola continues to keep its formula secret for over 130 years? Coca Cola’s formula secrecy relies massively on non-disclosure agreements, aka NDA, with its employees. Though Thailand’s trade secret law offers indefinite protection of what the law considers ‘trade secret’[1], your