accountants and business advisers
Chief Executive Officer
11 Sep 2018
You may be aware that the the Royal Thai Government has initiated a deregulation program to cut and amend certain regulations in order to improve the "ease of doing business" ranking for Thailand. Thailand has 5,000 Legal Acts, 20,000 Ministerial Regulations/Royal Decrees and over 100,000 Ministerial rules/Announcements, a great number of which relate to doing business in Thailand. A team of 30 lawyers and 30 economists have been working through these laws and acts with the intention of streamlining these laws – eliminating unnecessary regulations and simplifying others. For example when this was done in South Korea it took them 11 months and they eliminated 48.8% of their laws and simplified a further 21.7%. ?The team also consists of Civil Servants, Private Sector, TDRI, JCA, and the Law Reform Commission of Thailand (LRCT).
Phase 1 of The Royal Thai Government’s program was orientated towards “Review laws and regulations relating to the Ease of Doing Business”. Very particularly these focused on Work Permits and Visas and initial recommendations should be coming out as early as October, 2018 for consideration by the Cabinet.
Phase 2 of the regulatory guillotine program will start soon and is focused on “Review laws and regulations relating to the issuance of 1,500 permits and licensing”. As was the case for Phase 1 there is now an opportunity for the private sector to participate. Phase 2 will focus on reviewing national license and permit requirements with the objective to eliminate redundant licenses and streamline burdensome and complex procedures in order to promote efficient business activity and economic development. To move this process forward, the project team is looking to hear from private enterprise with their recommendations for licenses and permits to be reviewed for Phase 2. Please fill out the attached form with your priority issue and submit to Dr. Kanate and Dr Napatsorn. The contact details are on the form. Companies are welcome to submit multiple forms and appendixes with further information. Please note these forms are required by Friday September 14th.
Phase 3 will focus on “Review laws and regulations relating to investment and trade and pertinent social issues”.
Download the RG Form here
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