SMEs policy and regulation

The Digital Economy Promotion Agency (Depa) plans to offer a 200% tax deduction for the purchase of smart devices, digital services, robotics and Internet of Things (IoT) devices by small and medium-sized enterprises (SMEs), in addition to software, starting next year.Keep reading ...

Three state enterprises have signed an agreement to provide financial support for small and medium enterprises (SMEs) in dealing with export markets.Keep watching ...

Some 700 small and medium-sized enterprises (SMEs) signed up for the single financial account scheme as of yesterday to obtain the exemption from penalties for increased tax liability, says the Revenue Department.Keep reading ...

A recent report noted that Thailand is in the process of gradually shifting from a manufacturing to a high-value, hi-tech manufacturing economy.This was seen after the country has put all its efforts into promoting the use of advanced technology, science, and innovation in parallel with ...

The Digital Economy Promotion Agency (DEPA) has devised a measure to promote software usage, offering tax deductions of up to 200 percent of the value of a computer program suited to business operations.Keep reading ...

The Office of Small and Medium Enterprise Promotion (OSMEP) is launching a global connectivity program for SMEs designed to push local products onto the world market.Keep reading ...

The Bank of Thailand is considering whether to allow banks to demand additional collateral to back loans extended to small and medium-sized enterprises (SMEs) that are unable to fully comply with the single account scheme practice. The move is to help SMEs that are not ...

In a meeting yesterday (Oct 16), the Cabinet approved drafts that will add legal conditions to support small- and medium-enterprises (SMEs), allow the setting up of trade associations and raise registration fees to help cope with the country’s economic situation. Keep reading ...

The Finance Ministry will seek cabinet approval to require financial institutions to contribute 0.001% of their deposit base to a fund tasked with promoting small and medium-sized enterprises (SMEs).A legal amendment is needed for the contribution requirement, and the fund is expected to receive 100 ...

CAT Telecom and Thailand Post are promoting the use of online platforms to support small and medium sized business in the country. CAT Telecom expects around a million users to download via the iget Mart application. Keep reading ...