Thailand's Fair Trade Commission Sets New Credit Term Limits to Support SMEs
Marketing Oops
Key summary
The Thailand Fair Trade Commission (กขค.) has issued a new regulation establishing maximum credit term limits for business transactions to protect Small and Medium Enterprises (SMEs). Published in the Royal Gazette on October 2, 2025, the rules mandate payment within 30 days for agricultural products with simple processing and within 45 days for general trade, production, and services. The regulation, effective November 2, 2025, aims to prevent large buyers from arbitrarily extending payment periods, thereby improving cash flow for SMEs that often face significant liquidity gaps between paying suppliers and receiving payments from customers.
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Official source
Marketing Oops
Read original ↗https://www.marketingoops.com/reports/industry-insight/credit-term-sme-payment-terms/