5 Major Tax Relief Measures by Thai Government to Counter COVID-19
Amidst the COVID-19 chaos and lockdown, it is no-brainer that there’s going to be a massive economic loss worldwide. To help the SMEs cope up with the current situation, Thai Government, on March 27, 2020, issued the following tax relief measures; Deduction in Interest Expense SMEs will be able to claim a 150% deduction for […]
These are the Services that can be Included in Your Accounting Package in Thailand
The accounting services Thailand listed below are usually flexible and can be adapted based on your requirement; Annual Account Audit: ‘Accounting including general ledger, general journal and trial balance Preparing financial statements and submitting it Filing and submission of corporate tax Post-audit processes’ Book Keeping Service: ‘Recording transactions in the journals or on the computer […]
These are the Ways by which You can Set-up an Offshore Company in Thailand
You can set-up your business in Thailand by choosing from any these business entities though most expats choose limited liability company; Thai Limited Liability Company To start a Thai limited liability company there should be minimum 3 shareholders and 1 promoter. Thai BOI Company Companies receiving BOI approval are exempted from the need to have […]
Are You Away from Thailand, but an Important Legal Matter Needs to be Handled? What to Do?
In that case you can ask someone else to sign the documents by transferring power of attorney to that person. A power of attorney gives authority to a person to act on your behalf. With POA; Legal and financial matters can be handled by another person; POA is a protection against the many costly court […]
Looking to Protect Your Intellectual Property in Thailand?
These are the ways you can do so. Read on to know about the laws through which you are able to protect your creations; Trademark Provides protection for service marks, certification marks, and collective marks; The owner of the registered trademark owner has the right to its use to the items for which the trademark […]
3 Digital Finance Businesses to Dominate in Thailand in 2020
Given the technological advancement in the financial sector, these three businesses are expected to be trending in Thailand in 2020; Mobile Wallet Between 2014 and 2018, there has been a significant increase of 116% in online financial transactions particularly through mobile devices. And a continuous growth in mobile banking with e-wallet being the most-used platform […]
Top 5 Cities in Thailand to Invest in Real Estate
Whether you are looking to start a business or simply have a property in Thailand, these cities can be the best options for you; Bangkok The most visited city across the world. Dense residential real estate market. Plenty properties situated on the Bangkok Skytrain axes, enabling rapid transit. Phrakanong districts and On Nut are the […]
Cargoes Stuck at the Customs in Thailand? Your Next Step…
Immediately speak to a customs clearance service provider in Thailand as this requires preparation and submission of the documents to facilitate the imports or exports. You will need to go through the below-mentioned steps for clearance; Step 1 Declaration Declaration form needs to be duly filled for submission at the Customs system. Upon checking for […]
How does a Representative office in Thailand Suppose to Work for You?
Good news! A representative office in Thailand is not subjected to CIT as it usually doesn’t do any business transaction. You may know that the funding generally comes from the Head Office to cover the overhead costs. If you have been planning to have an oversea presence of your company and you are considering Thailand, […]
When It is about Succeeding in Business in Thailand, This Matters Too!
It is a no-brainer that to excel in business, communication and networking is the key. While this may be a little easy if you are in your native country (for obvious reasons), establishing a good network in a foreign land is challenging. To make things feasible for the expats, Thailand makes sure to keep their […]
