Legal Updates: New Lending Services for Trade and Investment Support Offices (TISOs) and International Business Centres (IBCs)
The change in the scope to increase what TISOs and IBCs can do is very welcomed. These categories of business can now lend funds (in accordance with the exchange control regulations) to related companies both locally in Thailand and overseas.
Against the backdrop of temporary Covid-19 measures being introduced to protect and stabilise the economy of Thailand, the Government has also launched a whole raft of great investor-business incentives to dramatically boost the economy going forward, including years of being able to earn tax-free profits. The numerous incentives have created an air of excitement and […]