Extending for Further 3 Years of Fees Reduction and Exemption for Partnerships and Limited Companies Located in the Special Development Zone

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The Cabinet approved in principle on a Draft Ministerial Regulation of Fees Reduction for Partnerships and Limited Companies in the Special Administrative Development Zone B.E. …. (“Draft Ministerial Regulation”) as proposed by the Ministry of Commerce in which the Council of State had already considered the said Draft Ministerial Regulation in advance.

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The Draft Ministerial Regulation is aiming to promote investment and support the entities located in Thailand’s southernmost provinces (i.e., Yala, Pattani, Naratiwat and Songkla provinces) by extending the period of fees reduction and exemption for registration, requesting for corporate documents, certifying copy of corporate documents and other fees in which it will become effective from 1 January 2021 to 31 December 2023.

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