Opening a Business Bank Account in Thailand
For some foreigners who want to open a bank account with a local bank in Thailand, it may be difficult. Before opening a personal bank account, foreigners must usually submit their passports together with a valid Thai visa and work permit. Foreigners who are authorised directors, branch managers, or representative office managers of their businesses […]
How to form a US-Thailand Amity Treaty Company?
On May 29, 1966, the United States of America and the Kingdom of Thailand signed the Treaty of Amity and Economic Relations. This gave the US two substantial commercial advantages. The US-Thailand Amity Treaty allows American companies to own a controlling stake in or entirely own their Thai subsidiary, branch office, or representative office. American […]
Property Tax in Thailand: All You Need to Know
The Building and Land Tax Act of Thailand governs the regulation of the collection of building, housing, and land taxes annually. Although there is no universal annual property tax in Thailand, if private owners rent out or utilize their property for commercial purposes, a 12.5% annual housing and rent tax is applied. However, for many […]
How to Start a Travel Business in Thailand?
Are you a foreign investor and want to open a travel business in Thailand? Then you must know that tourism is one of the country’s most lucrative businesses. Thailand is a fantastic place to visit not only for adventure but also for its cultural heritage. Many people enjoy visiting Bangkok, while others come to see […]
Foreign Investment in Thailand: COVID FAQs
COVID-19 situations are the causes of great disruptions across the world, especially in cross-border or international transits. Long stretches of lockdowns and suppression in mobility affect the normal course of trade and business. Foreign Investment in Thailand also suffered greatly due to the pandemic. But as a continual effort of the Royal Thai Government to […]
Property in Thailand: Freehold & Leasehold for Foreigners
Thailand is a popular tourist destination due to its magnificent beaches, rich culture, and pleasant weather with warm, sunny days all year. Additionally, the country has earned a reputation as a destination for foreigners wishing to invest in Property in Thailand. From sea-view condos in Patong and waterfront penthouses in Kamala to modern flats on […]
Travel to Thailand in 2021: Post-COVID Update
If you’re planning to travel to Thailand during the Covid-19 pandemic, here’s what you’ll need to know and what to expect. As of August 10, 2021, Thailand had documented over 6,500 deaths and 796,000 cases of COVID-19. The country is currently seeing its worst wave since the outbreak began. Most passengers must stay in an […]
Property Lease Agreement in Thailand
Foreigners frequently misunderstand the significance of a lease agreement in Thailand. Owing to this reason, we will be presenting an in-depth analysis of the land leasing agreement in Thailand. The lessee can utilise such an arrangement to hire or rent a property from the lessor. It’s important to understand that a property lease agreement does […]
Work Permit and Visa in Thailand: FAQs
Thailand is a nation with an abundance of work opportunities and business avenues. The first quarter of 2021 itself has recorded a YoY growth of 80% in Foreign Direct Investment. So has been the growth in the request of Work Permits with the Labour Department of Thailand. On the basis of the regular queries and […]
Corporate Taxation in Thailand: FAQs
Whether you are a Thai national or an ex-pat in Thailand, if you are earning in Thailand, you must pay taxes. To know about the tax amount, payment deadlines and regulations, it is very essential for you to know about Taxation in Thailand. This article will help you to know the taxation policies and framework […]
