Search Business Name
Type of Business Organization
Commercial Registration
Partnership Registration
Company Limited Registration
Public Limited Registration
Foreign Business in Brief
Foreign Business in Permitting
Obligation of License / Certificate
Application Preparation Handbook
Statistic
Other
Rules and Conditions for Quality Assurance for Accounting Firms
e-Commerce Business Development
Wholesale & Retail
Logistics Service
Franchise
Summary of the Accounting Profession Act B.E.2547
Vocabularies Relevant to the Business Registration
Applying for Amendment of Particulars in the Register
Accounting Act, B.E. 2543 (2000)
About DBD
History
Vision Mission Strategy
Annual Report
Law and Regulation
Law and Rules
Ministerial Regulation
Contact Us
Others Office
Provincial Business Development Office
Regional Business Development Office
Other
sitemap
Number of Visitors

About DBD
Law and Regulation
Contact Us
Other
sitemap

Number of Visitors
Order of the Head of the National Council for Peace and Order
No. 21/2560
On Amendments of Laws to Facilitate the Ease of Doing Business

Whereas Thailand ranks 46thin the World Bank Ease of Doing Business report out of 190
countries despite the Government’s efforts to improve the environment for doing business which
includes establishing accelerative measures, and improving operational process and services in
various sectors in compliance with the World Bank report. It is found that certain conditions that
create prominent problems and obstructions are the complexity and complication of criteria,
procedures, conditions, steps, and time periods imposed by numerous laws, rules and regulations.
Therefore, it is necessary to amend some provisions of the laws which have major impacts to promote
and facilitate the ease of doing business as well as tohelp Thailand to rise in the rankings in the next
evaluation of the World Bank, including to boost the country’s competitiveness and to increase the
opportunity of Thailand becoming an effective investment hub, which will contribute to the reform
and the economic security of the country.
By virtue of Section 44 of the Constitution of the Kingdom of Thailand (Interim) B.E. 2557
(2014), the Head of the National Council for Peace and Order, with the approval of the National
Council for Peace and Order, hereby issued the following order:
1. Section 1016 of the Civil and Commercial Code shall be repealed and replaced by the
followings:
“Section 1016 Registration of partnerships and companies, anyalterations subsequently
made in the registered particulars, and any other matterrequired to be registered by the provisions
underTitle 22 Partnerships and Companies, shall be made to the Registrar at the Office of the
Company Limited and Partnership Registration as determined by announcement issued by the
competent Minister.”
2. The followings shall be added to Section 1020/1 of the Civil and Commercial Code:
“Section 1020/1 The competent Minister shall have the power to issue ministerial regulation
to reduce or exempt the fees under section 1018 and section 1020.”
3. Section 1108 (1) of the Civil and Commercial Code shall be repealed and replaced by the
followings:
“(1) the adoption of the regulations of the Company, which may also include regulation on
how to deal withboard or shareholders matters or unresolved disputes”
(Translation)
4. Section 1128 of the Civil and Commercial Code shall be repealed and replaced by the
followings:
“Section 1128 Every share certificate shall be signed by at least one of the directors.”
5. The followings shall be added to paragraph four of Section 1201 of the Civil and
Commercial Code:
“Payment of dividends shall be made within one month from the date of the resolution of the
general meeting or of the meeting of the board of directors, as the case may be.”
6. The followings shall be added to Section 1237 (5) of the Civil and Commercial Code:
“(5) when there is any other cause making the continuance of the company an impossibility.”
7. Section 108 of the Labour Protection Act B.E. 2541(1998) shall be repealed and replaced
by the followings:
“Section 108 An Employer who employs a total of ten or more persons shall provide
workrules in Thai language and the rules shall contain at least details on the followings:
(1) working days, normal working time and rest periods;
(2) holidays and rules ontaking holidays;
(3) rules governing overtime work and holiday work;
(4) date and place of payment of wages, overtime pay, holidaypay and holiday overtime pay;
(5) leave and rules on taking leave;
(6) discipline and disciplinary measures;
(7) complaints; and
(8) termination of employment, severance pay and special severancepay.
“The Employer shall announce and apply the work rules within fifteen days of the date thatthe
Employer employs a total of ten or more persons; and the Employer shall at all timesretain a copy of
such rules at the place of business or at the Employer’s office.
“The Employer shall disseminate and conspicuously post the work rules at the work place of
the Employeesfor the Employees’ information and acknowledgement so that the Employees shall be
able to conveniently check the rules.”
8. Section 110 of the Labour Protection Act B.E. 2541(1998) shall be repealed and replaced
by the followings:
“Section 110 Whereas there is any amendment to the work rules, the Employer shall
announce the amended rules within seven days from the date of the application of the amended rules.
Paragraphs two and three of Section 108 shall be applied, mutatis mutandis.”