Taxation in Thailand: Know the Tax Traps
For many businesses, looking for prospects outside of their own country is a natural part of the growth process. Businesses can boost sales and profits by expanding their markets. Additionally, it is also possible by interacting with new clients while reducing risk by not relying on a single market. Along with the opportunities, the taxation […]
Taxation in Thailand: Inheritance & Gift Tax
The policies of Taxation in Thailand extend to a great range of subjection. Apart from the regular personal and corporate income tax regimes, even inheritance and gifts are taxable. Let us know about that in detail. Inheritance Tax Thailand’s Inheritance Tax Act went into force on February 1, 2016. The act does not apply to […]
Business Setup in Thailand: Top 10 Ideas
Are you are thinking about Business Setup in Thailand? Then, let us reveal some of the best small business ideas that you may start in 2021 in this guide. Anyway, here are ten new small business ideas and prospects to consider. These ideas will work even if you just have a minimum amount of money […]
Invest in Thailand: Automobile Industry Insights
The analysts of one of Thailand’s biggest banks predict that Thailand’s automobile sector will achieve 3-4% growth in 2021. The growth in the sector saw a dip due to the COVID-19 pandemic. This growth is due to the increase in overseas demand resulting in a high volume of exports. With an increase in demand for […]
Title Deed Search in Thailand: All You Need to Know
In order to buy property in Thailand, you must first conduct a title deed search in Thailand. The existence of liens is confirmed, the current title classification is identified, the seller’s right to own or lease the property is established, and the ratio of Thai to foreign ownership of a condominium can be determined. Konrad […]
BOI Company in Thailand: Work Permit Requirements
To process a work permit for ex-pats who work for a BOI company in Thailand, the company must first register in the BOI E-expert system online. It is here where you may then apply for a work permit for your foreign employees, experts, and specialists, as well as extend their work visas. Although your work […]
Work Permit in Thailand for Representative Office
Visits of foreigners in Thailand is steadily increasing over the past two decades. This is making it both a tourism hotspot and a country of economic opportunity. However, from an economic perspective, to make earning for living, a work permit in Thailand is mandatory for foreigners. Asians, Europeans, and even those from the opposite side […]
Business Setup in Thailand: Global Guide
Thailand has long been a culturally rich country. Because of its tropical environment, which is good for many crops, food is readily available practically everywhere. As a result, the country’s distinct cuisine developed, and a plethora of gourmet businesses sprang up. A restaurant will very certainly be your one-way ticket to success if you’re thinking […]
5 Ways to Buy Land in Thailand for Foreigners
Despite the fact that Thai Property Laws prevent foreigners to buy land in Thailand, there are options. Support of Thai Firm In Thailand, a foreigner may own land in the name of a Thai firm. In this case, at least 51 per cent of shares are Thai and 49 per cent can be foreign. This […]
Property in Thailand: Due Diligence
A property buyer must have more information about the property than what appears on a title deed examination. For instance, you may plan to buy property in Thailand that is under construction. In this case, you must confirm the necessary permissions in place, as well as ownership of the site. Due diligence is the process […]
