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Month: July 2023

Tax Newsletter JULY 2023

Posted on by กองบรรณาธิการ

 Tax Newsletter Dharmniti Law Office Co., Ltd.   Issue No. 144, in July 2023   Tax Law Updates      1. Income tax exemption for unitholders in property funds and an exemption for value-added tax, specific business tax and stamp duty for property funds      Royal Decree (Issue No. 763) B.E. 2566 stipulates an income tax exemption for unitholders in property funds as well as exemptions relating to value-added tax, specific business tax, and stamp duty for such funds. This exemption applies to the value of tax bases, income, or instruments arising from the conversion of property funds into trust funds, effective from 2 June 2023 (the date that the Royal Decree was enforced) up until 31 December 2024.      For more details, please see https://bitly.ws/UdNv      2. Income tax exemption for the Islamic Bank Asset Management Company Limited      Royal Decree (Issue No. 764) B.E. […]

Holding an AGM for a Company Limited in Thailand & Issues to Consider

Posted on by กองบรรณาธิการ

One of the key legal compliance requirements for a company limited in Thailand is to hold an annual general meeting of shareholders, otherwise known as an ‘AGM’. This type of shareholder meeting is considered as an ‘ordinary’ meeting of the shareholders rather than an extraordinary meeting of shareholders (EGM) and every shareholder has the right to be present at such meeting. This article shall discuss various key issues which are important when planning and holding an AGM, including the main process steps in holding an AGM, notice requirements and what an AGM should cover at a minimum.   When an AGM must be held? In relation to when an AGM must be held, the Civil & Commercial Code (CCC) provides that “a general meeting of shareholders shall be held within six months after the [company’s] registration, and shall subsequently be […]

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Dharmniti Law Office Co., Ltd.

2/2 Bhakdi Building 2nd Floor, Witthayu Road, Lumphini, Pathumwan, Bangkok 10330
Tel: (66) 2680 9777 , (66) 9093 89162-7 Fax: (66) 2680 9711 Email: info@dlo.co.th

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