BOI Implements Measures under The Emergency Decree to Counter COVID-19 Economic Effect
The Board of Investment Thailand assures to remain as committed as before. And they will continue serving the investors’ needs. They announced some practical measures to make sure that they continue to service companies even in this critical period in order to deal with the economic loss due to the spread of the COVID-19. To […]
How Thailand is Dealing with the Impact of COVID-19
With the spread of COVID-19, Thailand was initially positioned to be one of the highest-risk countries globally considering its economic and geographic ties to China. However, with their proactive approach, the country is in a good stead to deal from the crisis while reducing the disruption. So, what does this mean for Thailand’s present and […]
COVID-19 Taking a Toll on the East and South-East Asia
With the increase of coronavirus cases worldwide, there are deep concerns over its impact on the economy. “The ASEAN+3 Macroeconomic Research Office (AMRO) states that the pandemic can deduct half a percentage point from the financial growth of regional economies.” Apart from China, the effect can be felt in the remaining ASEAN+3 economic bloc, including […]
EAP Countries Must Act Now to Counter the Economic Shock of Covid-19
The virus is causing economic shock globally soon after triggering a supply shock in China. Though East Asia and the Pacific (EAP) had their macroeconomic policies and financial regulations in place to deal with the normal quivers, they are now witnessing disruptive events. Needless to say, these economic pains are seemingly unavoidable. Countries must act […]
5 Major Tax Relief Measures by Thai Government to Counter COVID-19
Amidst the COVID-19 chaos and lockdown, it is no-brainer that there’s going to be a massive economic loss worldwide. To help the SMEs cope up with the current situation, Thai Government, on March 27, 2020, issued the following tax relief measures; Deduction in Interest Expense SMEs will be able to claim a 150% deduction for […]
These are the Services that can be Included in Your Accounting Package in Thailand
The accounting services Thailand listed below are usually flexible and can be adapted based on your requirement; Annual Account Audit: ‘Accounting including general ledger, general journal and trial balance Preparing financial statements and submitting it Filing and submission of corporate tax Post-audit processes’ Book Keeping Service: ‘Recording transactions in the journals or on the computer […]
These are the Ways by which You can Set-up an Offshore Company in Thailand
You can set-up your business in Thailand by choosing from any these business entities though most expats choose limited liability company; Thai Limited Liability Company To start a Thai limited liability company there should be minimum 3 shareholders and 1 promoter. Thai BOI Company Companies receiving BOI approval are exempted from the need to have […]
Are You Away from Thailand, but an Important Legal Matter Needs to be Handled? What to Do?
In that case you can ask someone else to sign the documents by transferring power of attorney to that person. A power of attorney gives authority to a person to act on your behalf. With POA; Legal and financial matters can be handled by another person; POA is a protection against the many costly court […]
Looking to Protect Your Intellectual Property in Thailand?
These are the ways you can do so. Read on to know about the laws through which you are able to protect your creations; Trademark Provides protection for service marks, certification marks, and collective marks; The owner of the registered trademark owner has the right to its use to the items for which the trademark […]
3 Digital Finance Businesses to Dominate in Thailand in 2020
Given the technological advancement in the financial sector, these three businesses are expected to be trending in Thailand in 2020; Mobile Wallet Between 2014 and 2018, there has been a significant increase of 116% in online financial transactions particularly through mobile devices. And a continuous growth in mobile banking with e-wallet being the most-used platform […]
