Fri, December 03, 2021

in-focus

Cabinet okays further discount on fees for entrepreneurs registering online


The Cabinet has approved a further discount on registration fees – from 30 per cent to 50 per cent – for entrepreneurs who wish to register online to become juristic persons in a bid to attract both foreign and local investors to establish their businesses in the kingdom, government deputy spokeswoman Ratchada Thanadirek said on Tuesday.

“The Commerce Ministry had opened an online channel for juristic person registration [e-registration] since April 2018 that offered 30 per cent discount on the registration fee compared to the walk-in registration fee at branch offices,” she said.

“About 4 per cent of registrations were done online, so the Cabinet has agreed to offer a bigger discount to attract new entrepreneurs,” Ratchada said.

“Furthermore, the Cabinet also agreed to extend the discount period by three years, from the original December 31 deadline. Therefore, the 50 per cent discount on the registration fee will be offered until the end of 2023,” she said.

“This campaign is part of an effort to increase the efficiency of government services by streamlining the process and driving us toward becoming a digital government,” Ratchada added.

Published : December 09, 2020

By : THE NATION