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 […]
Top 7 Business Opportunities for Expats in 2018
Thailand, today, is the number one choice for doing business. Depending on the availability of resources and ease of operating a business, expats these days choose Thailand over other countries to set up business. If you have been thinking to try your luck outside your comfort zone and invest in another country, then Thailand could […]
Top 4 Restricted Business Sectors in Thailand for Foreigners
How many people have actually told you about the restriction on foreign business in Thailand? None? That’s what! You will find hundreds of articles talking about all that is allowed in Thailand for foreigner investors. But hardly will anyone speak about the restrictions. I know how saddening it is to get rejected for doing business […]
Nitty-Gritty of Business Visa in Thailand
If you are a foreigner and wish to do business in Thailand, then you must consider obtaining a non-immigrant Thai Business Visa. However, to be able to apply for the business visa, it is important to confirm that you are not a threat to the government in Thailand. Also, if you are the applicant, then […]
5 Activities to Do During Songkran in Bangkok
Will you be in Bangkok during Songkran? Great, wondering what to do? Well, let me tell you Songkran is not only about water fight, there’s a lot to it. Only those who have visited will know. To be able to explore every color of the festival without missing out on anything, it’s important to do […]
Thai Government Balancing the Power between its Domestic Trade and Foreign Investment
Striking the perfect balance between Thai’s domestic trade and foreign investment could have been tough and that’s for sure; if the government wouldn’t have handled well. It’s amazing how the power play has been distributed evenly, ensuring none of them feels neglected. While a few business activities have been reserved particularly for the majority Thai […]
