How Indian Government Improved Business Tie-Up with Thailand
India seeking business tie-ups with Thailand isn’t enough to actually create a sustainable commercial relationship. It is equally important what Thailand thinks of India. And with so many articles on the search engine, you already know that Thailand views India as the ultimate gateway to the South Asia and more. Besides, reduced tariff rates and […]
How Cost-Effective It Is to Set-up a Virtual Office in Thailand
Virtual offices in Thailand continue to prove as models of efficiency. Recently, a lot of such offices are being set up in the country. The reason could be that employers are finding them cost savers while allowing the valued employees’ flexibility to maintain a work-life balance. Below are a few more possible reasons as of […]
Importance of Thailand on India’s Act East Policy
Thailand’s share has been major in blueprinting India’s Act East Policy. PM Modi has discussed the bilateral issues of the mutual interest with PM General of Thailand, Prayuth Chan-o-cha on ASEAN Summit sidelines in Myanmar in the month of November 2014. The Policy was launched with the intention to enhance the scope and domain of […]
Auditors aren’t Crotchety Old People. They are Good Actually and Audit is a Good Thing!
“Audit” the word is enough to make people cringe. When it comes to audit the first thing I see that an auditor coming to look through something that I have failed to report on the taxes. It’s dreadful I tell you. But yes, if you, from the beginning have someone to manage your accounts, you […]
The How and When of US-Thai Relations in Last 200 Years
It dates back to 1818 when bilateral relations between Thailand and the US were established. Besides, they have been diplomatic partners for years. According to the public opinion, 2012, it was traced that almost 60% of Thais were approved of the US leadership with 14% disapproving and 26% uncertain, under the Obama Administration. You will […]
A Brief Guide on Tax Laws in Thailand for Corporate & Individuals
Are you aware of the tax laws in Thailand? Here’s a brief tax law guide for you; Corporate Taxes Resident and Foreign Companies Residents are taxed on income, whereas non-residents are taxed on the Thai-sourced income. However, a non-resident will have to pay the Value Added Tax. Foreign Companies A domestic corporation is liable […]
Are You Aware of the Customs Laws in Thailand?
If not, then you may find this helpful. Thai duty-free allowance is applied to the accompanying personal effects up to 10,000 Baht. However, this is applicable only if; The items are intended for personal uses or professional uses; Reasonable quantity; The items bought are not subjected to any kind of restriction or prohibition; Please note […]
A Guide to Buying Property in Thailand
Apart from starting businesses in Thailand, people are also starting to buy property in Thailand. The reasons are many, including low entry prices, extraordinary locations to ‘Buy to Let’ potentials. The relatively unexploited nature of Thailand affects the price of the property. And hence, they remain below than those of the established European markets. If […]
Did Your PR in Thailand Get Rejected? Where did You Go Wrong?
Maybe in analyzing the legal nuts and bolts! Actually, that’s where most of the people go wrong. Since Thai laws are ever updating, it is extremely important to stay up-to-date with the changes. The best way to know whether you will be able to crack the hard nut is through knowing your eligibility. Generally, permanent […]
Is it a Profitable Idea to Start Travel Business in Thailand?
Yes, of course. And when you are planning to start a travel business in a tourist-heavy country it doubles the chances of profit, provided you have the right business strategy. Though being a foreigner, you may not be able to set up a travel agency, you can always start a hotel, restaurant business or a […]
