5 Activities to Do During Songkran in Bangkok
Will you be in Bangkok during Songkran? Great, wondering what to do? Well, let me tell you Songkran is not only about water fight, there’s a lot to it. Only those who have visited will know. To be able to explore every color of the festival without missing out on anything, it’s important to do […]
Thai Government Balancing the Power between its Domestic Trade and Foreign Investment
Striking the perfect balance between Thai’s domestic trade and foreign investment could have been tough and that’s for sure; if the government wouldn’t have handled well. It’s amazing how the power play has been distributed evenly, ensuring none of them feels neglected. While a few business activities have been reserved particularly for the majority Thai […]
3 Types of Partnership Businesses You Can Start in Thailand
Considering a partnership business can be a good thing to consider, especially when you are running short of fund. And especially when you are about to start something new in a foreign land having an experienced partner by your side can help you in many ways. Though the type of business partnership is more or […]
Do You Need to Hire a Professional to File Corporate Income Tax in Thailand?
Why not? Not doing that may trouble you, especially when you have a newly set up business. There are so many things that you need to look at when it comes to carrying out daily business operations. And if your enterprise large enough, then also doing it all by yourself is not feasible. Turning to […]
What Type of Restaurant is Suitable to Open in Thailand for a Foreigner?
Apparently, any! Considering the food ambiance in Thailand, any restaurant will succeed. This is not only because of the numbers of tourists that flock in Thailand, but also because Thais too love eating out. However, it is understandable that being a foreigner you will always prefer bringing your culture in. So be it! If you […]
How Corporate Taxes are Calculated in Thailand
Three important things you must consider when you are to file CIT in Thailand such as; 50% of the calculated income tax is paid by the end of the eighth month. A return should be filed followed by the audited financial statement. On failing to pay the tax 20% of the deficit must be fined. […]
Exchange Control Laws of Stock Exchange Thailand
The lawful basics for the exchange control in Thailand are usually derived from the Ministerial Regulation No. 13 (B.E. 2497) and the Exchange Control Act (B.E. 2485). The objectives of the Exchange Control Laws in Thailand are as follows; Centralizing the foreign exchange of Thailand Monitoring capital outflows Stabilizing the value of Baht Channelizing the […]
Are Foreigners Allowed to Open a Bar in Thailand?
Yes, foreigners can open a bar in Thailand only if they have proper permits and comply with Thai regulations. There are ample bars or restaurant-cum-bars in Thailand that have foreign owners. But yes, there is legal nitty-gritty too. The Initial Steps Primarily, to open a bar in Thailand, you must incorporate a juristic entity, like […]
You Must Know Everything about Corporate Income Tax in Thailand
So What You have a Tax Expert by Your Side? You Must Know Everything about Corporate Tax in Thailand… Sure, you always find a tax expert to assist you. But depending on anyone blindly may not be a wise thing to do for your business. You must be equally aware of the corporate taxes in […]
Checklist Before Buying Condominium in Thailand
Checklist before Buying Condominium in Thailand Prior to buying a condo in Thailand, you must ensure these; Money to purchase a condo must be sent from a foreign country in the actual currency. A foreigner needs to show this without which a foreigner cannot register the condo in his name. 49% of rooms can […]
