How to Change Shareholder of Your Thai Company?
In Case You Want to Change the Shareholder of Your Thai Company, You Must Know These! a) The procedure is covered under the Thai Civil and Commercial Code Part II. b) The shares (not divisible) in the company must be valued at not lesser than five Baht per share. c) The company’s directors should notify […]
Do You Have A Company Carrying on Business in Thailand? You may Claim Tax Return in Thailand
Do You Have A Company Carrying on Business in Thailand? You may Claim Tax Return in Thailand But for that the first and foremost thing that you need to do is ensure flawless accounting as then you can avoid legal hassles during auditing, avail tax benefits by submitting accurate reports and focus more on your […]
Want to Buy a Property in Bangkok or Chiang Mai. How much Thai Property Tax You Need to Pay?
Want to Buy a Property in Bangkok or Chiang Mai. How much Thai Property Tax You Need to Pay? See there’s no general Thai property tax as such. But in case real properties of Thailand are put to use for commercial purposes, then that must under the Building and Land Tax Act pay a certain […]
Seeking Accounting Service in Thailand for SMEs? Did the Jurisdiction Adopt Any IFRS for SMEs?
Seeking Accounting Service in Thailand for SMEs? Did the Jurisdiction Adopt Any IFRS for SMEs? Allow me to take one question at a time. Before pinning down to any one of the above; questions like, ‘is there any global accounting standard?’ needs to be answered first. This has been quite a common query amongst many, […]
Did You Know that the Gifts are also Subjected to Taxation in Thailand?
Did You Know that the Gifts are also Subjected to Taxation? No? Then you must know about gift tax in Thailand. On February 1st, 2016, the tax has been imposed on gifts too. When Do You Need to Pay Gift Tax in Thailand? Gifts that are given by an individual who is still alive is […]
Top 11 Privileges of BOI Thailand and More…
Top 11 Privileges of BOI Thailand and More… Astonishingly, there are many potential investors who still don’t know much about the facilities a BOI promoted company can get in Thailand. If you are one of them, then this article might help you derive a good deal of information. Board of Investment Thailand promotes foreigners to […]
Do You Think Setting-up a Representative Office in Thailand is a Wise Choice?
Do You Think Setting-up a Representative Office in Thailand is a Wise Choice? Well, that depends on the nature of the business and its objective, of course. Any foreign entity may set-up a representative office in Thailand in order to engage in a limited non-revenue earning activities. A representative office in Thailand is established to […]
Do You Know Thailand doesn’t follow the NICE System for Trademark Registration? Here’s What They Do…
Do You Know Thailand doesn’t follow the NICE System for Trademark Registration? Here’s What They Do… They actually have their own system for classification of goods and services. Hence, they do not need to follow any other. Well, there are presently 45 different classes of goods and services under the Thai classification. If you intend […]
How to Market Your Business in Thailand
How to Market Your Business in Thailand The competition is so high in Thailand that no matter how much you put in your efforts you will always feel unsatisfied. While your satisfaction shouldn’t be a concern here, you need to figure a marketing strategy that will make your clients feel smart. Making Your Clients Feel […]
This Percentage of Tax You May have to Pay If You are a Foreign Business Owner in Thailand!
This Percentage of Tax You May have to Pay If You are a Foreign Business Owner in Thailand! Do you have a Thai company registered under the Thai law or is it a foreign company doing business in Thailand and registered under foreign law? Or a foreign business that though not carrying business in Thailand, […]
