BSA Law: Thailand's New Online Pricing Regulations A Welcome Move For E-commerce

Welcoming the issuance earlier this year of new regulations in Thailand covering the display of online pricing and add-on expenses, BSA Law hopes to soon see more such rules in place governing the kingdom's fast growing e-commerce sector. End Quote

(1888PressRelease) June 02, 2017 - The new regulations from the Central Committee on Prices of Goods and Services at the Commerce Ministry came into effect on 18 March 2017, to which any business operator selling goods or services via an e-commerce system or online is subject.

Thus the sale of goods and services on any online platform - from social media sites to mobile applications to online marketplaces - must comply with the following requirements:

• The price, service fee, type, kind, nature, size, weight, other expenses and other details of goods or services must be completely and clearly displayed.
• While the price and service fee can also be shown per unit in any figure, Arabic numerals must be used.
• While an accompanying translation into one or more other languages is permitted, the description and/or any details to be shown along with the price or service fee must be in Thai.
• The retail price of goods or services displayed online must be the same as the sale price or service charge to customers, except where the customer is charged a price less than that shown online.

Any business operator failing to comply with these requirements may be subject to a fine.

"The e-commerce business sector is growing in Thailand though there are only a few regulations governing it. The new regulations issued in March are a welcome move by the Commerce Ministry and we hope more will follow, to see that e-commerce here continues to grow in the right way", said a BSA Law spokesman.

Leading international law firm in Thailand BSA Law provides legal advice and a full range of commercial and corporate legal and financial services to the Thai and foreign communities. The firm's highly experienced team of lawyers, special advisers and support staff adhere to the highest professional standards.

BSA Law's areas of expertise include Thai labour law, Thai law in general, company law, taxation, accounting and auditing, contracts, notarization and certification, intellectual property, insurance, real estate, investment and the ins-and-outs of starting a business in Thailand.

The Thai law firm's dedicated Thai visa service department specializes in all things visa and Thailand work permit related, including work permit registration, non-immigrant visa processing, resident permit registration and consulting on general immigration issues.

About BSA Law:
For over 30 years, Bamrung Suvicha Apisakdi Law Associates (BSA Law) has focused on providing reliable legal advice and services to the Thai and foreign business community in Thailand. BSA Law seeks to provide international standards of legal services while retaining the customs of the Thai business culture.

For more information please contact:

Jim Byrne
Business Advisor, BSA Law.
Email: jim ( @ ) bsalaw dot co dot th

http://www.bsalaw.co.th

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