Thailand has published Royal Decree No. 637, which extends the five-year tax holiday for qualifying SME start-ups. The tax holiday was introduced in 2015 for SMEs incorporated between 1 October 2015 to 31 December 2016 with at least 80% of revenue from one of ten targeted industries, including alternative and clean energy, tourism services, advance materials, information technology, research and development, and others. The Royal Decree extends the tax holiday incentive to SMEs incorporated between 1 January 2017 and 31 December 2017. Note - Qualifying SMEs are those with paid up capital not exceeding THB 5 million (~USD 144,000) and...