Are You Looking for Business Partner for Tax Support & Accounting in Thailand?
Konrad Legal would love to be your partner. We have categorized accounting services in Thailand into 2 major responsibilities. They are as follows; Monthlies which consist of: Monthly withholding tax filing Monthly VAT filing Monthly Social Security Funds filing Monthly book-keeping Payroll Annually which consist of: Half Yearly report Annual audit To know about our […]
Economic Growth for Thailand in 2021 is Predicted!
The Economic Intelligence Center of Siam Commercial Bank has estimated a growth of 3.8% in Thai economy by next year because of the government’s lucrative measures. Dr.Yanyong Thaicharoen, the First Executive VP of the EIC, said that more money has been put in the final quarter of the year because of the long weekends and […]
Excise Department is Aiming at Restructuring of Vehicle Excise Tax in Thailand
To promote measures facilitating electric vehicles’ (EVs) use in Thailand and lessen fossil fuel consumption, the excise department is planning to restructure the vehicle excise tax. However, this would depend on the development of these vehicles in the country. For your information, there’s a government committee that looks at the systematic process of the development, […]
Intellectual Property Dispute to be Resolved Online from Next Year
Intellectual property cases in Thailand can now soon be resolved from January 2021. The Department of Intellectual Property’s new e-dispute settlement services is developed with the Thai Arbitration Institute. The online platform is blueprinted to assist cases such as copyright, patents, and trademark infringements. The system will let you file online and conduct settlement […]
How to Make ISO 9001 Effective for Your Business in Thailand
One of the major advantages of ISO 9001 is that it offers a clear framework for the businesses so as to have a more flexible and robust management system. Now it is up to you how you will use it to leverage for the betterment of your business. We can suggest some possible tips for […]
Despite the Economic Crisis, Foreign Investors are Still Confident about Thailand
According to the Thailand BOI and Foreign Investor Confidence Survey, in spite of the economic hardship worldwide, maximum foreign investors operating in Thailand seems confident in the country’s potential. In fact, they have plans to extend and maintain their investments while boasting the investment incentives and a robust supporting industry supply chain and raw materials […]
Those Who Want to about the Financial System in Thailand
The financial system in Thailand is constituted of different financial institutions regulated by the Ministry of Finance (MOF). Some of them have been briefed below; Domestic Commercial Banks are licensed to follow the traditional business of commercial banking practice. Foreign Commercial Banks get similar privileges as above commercial banks with just a few additional requirements […]
You Still Don’t have a Business in Thailand? Act Fast and Set-up Now!
To start up a business in Thailand you will need to incorporate a juristic entity that would commonly be a Limited Thai company. It is regulated that a company must have: Shareholders– Minimum of 3 shareholders and during the incorporation stage it would have to be 3 natural people (of any nationality). Should you wish to […]
Thailand’s E&E Sector Continues to be an Attraction for Investors
According to the Thailand Board of Investment (BOI), both the pandemic and the US-China trade have failed to slow down the country’s flexible electronics and electrical industry. In fact, the number of foreign and domestic companies in the E&E sector rose to 106 projects in the first nine months, totaling over $1.2 billion in the […]
FAQ on Obtaining Alcohol License in Thailand
When applying for an alcohol license in Thailand there are so many things that need to be considered and at times that can be confusing, especially for foreigners. Let’s have a look at some frequently asked questions are as follows; Which businesses need a liquor license in Thailand? Usually, restaurants and hotels that serve alcohol […]
