Tax Relaxation for Foreign Professionals in Thailand
Relieving news for Foreign Professionals in Thailand – they are eligible for a tax waiver on their income. Foreign professionals will receive 17% Personal Income Tax relaxation this fiscal year. Owing to the highly uncertain and stressful tenure of COVID-19 lockdown, human life across the world came to a standstill. Moreover, similar stagnant was the […]
Employment Taxation for Expats in Thailand
Once eligible Expats in Thailand start to earn their living in Thailand, they become the tax residents of the Kingdom. Among the governing taxation laws in Thailand, this falls under the category of Employment Taxation for Expats in Thailand. This article vividly describes the eligibility criteria, process, and scenario of the same. Residence You will […]
Foreign Exchange for Expats in Thailand
Money is very essential for survival anywhere in the world. But imagine, you have all the money with you, yet, you are unable to use it. Won’t it be a scary scenario for you? This can happen with Expats in Thailand if they are unable to convert their native currency to the Thai one. This […]
Investment Taxation for Expats in Thailand
Be it short-term or long-term capital gains, expats who are earning living in Thailand become Tax Resident of the nation. Owing to this reason, they fall in the tax-payer category of residents. Moreover, the taxation norms are very similar to that of Thai nationals. This article aims to vividly discuss all the scope of investment […]
Do British Expats in Thailand Need Healthcare Insurance?
Thailand appears to be a favorite destination for many British citizens. Thailand welcomes over 800,000 British tourists each year, representing over 5% of the country’s total visitors. Tens of thousands of Britons have chosen that the Land of Smiles as they can get their desirous lifestyle. Over 55,000 British expats currently live in Thailand! Thailand […]
Foreign Currency in Thailand: Conversion & Transaction
Whether you are a foreign traveler or an ex-pat in Thailand, you have to deal with currencies that are not native to Thailand. A Thai resident may also possess foreign currencies. This article intends to clearly illustrate the regulations and process of foreign currency conversion and transaction in Thailand. You should also know about the […]
Escrow in Thailand
The goal of this article is to inform readers of the current state of Escrow in Thailand. In brief, escrow services are unlawful in Thailand without the proper permission of the Thailand Ministry of Finance Department’s Fiscal Policy Office. This department can only authorize ‘financial institutions’ and not real estate agencies or law firms, as […]
Thailand Work Permit: Application & Renewal Guidelines
A Thailand Work Permit is a book of permissions or licenses that allows a non-Thai or foreigner to lawfully work in Thailand. The Ministry of Labor issues the Work Permit, which must be renewed every time it expires. If you are hired by a Thai firm, foundation, school, or government, you must have a Work […]
Company Registration in Thailand: 2021 Updates
Once you’ve decided to establish a business in Thailand, the following step is to set up a legal company to carry out your plans. Company Registration in Thailand is under the regulatory framework of the Department of Business Development in Thailand. This will allow you to conduct business legitimately in Thailand. Furthermore, it will help […]
Investment Opportunities in Thailand for Foreigners
Thailand offers lucid prospects for foreign investors owing to its rapidly developing economy. With a fast-rising population and exports, the country is experiencing healthy growth. With a boost of state investment, foreign demand, and local consumption, it records a significant GDP growth. Thailand’s economy is also the second-largest in Southeast Asia, after Indonesia, in terms […]
