New Tax Rules for Tourists in Thailand
Thailand is one of Southeast Asia’s most popular tourist destinations. The kingdom announces the implementation of a tourism fee from 2022 onwards. The purpose of this is to finance initiatives relevant to tourism and change the business. The purpose of this article is to examine the new tax and how Thailand intends to use the […]
Accounting Services in Thailand helpful for your Business
Thailand continues to develop and prosper as a Southeast Asian country with a significant economic impact. Future economic growth and development will be contingent on the most efficient use of resources. Additionally, it is also dependent on company planning and decisions on the basis of information one receives from Thailand’s accounting professionals. There are various […]
Rental Agreements in Thailand
Sections 537 to 571 of the civil and commercial code control the lease or rent of land, house, or condominium apartment units for residential purposes by foreigners. Irrespective of the property types, Lease or Rental Agreements in Thailand governs the terms. Foreigners can lease real estate property for up to 30 years under Thai law, […]
Checklist: Half Yearly Account Auditing for Foreign Business in Thailand
Are you already doing business in Thailand? Or are you planning to do so? In any or both of these cases, you must know about Half Yearly Account Auditing in Thailand. There are various additional risks associated with your business when you are carrying it out in a foreign land. As a foreign investor, you […]
Thailand BOI Applications 2020 led by Food and E&E
On February 10, 2021, the Thailand Board of Investment (BOI) announced that 1,717 applications are submitted in 2020. The investment worth of these applications is 481.1 billion baht (USD16 billion). Ventures in the electric and communications, agriculture and food processing industries, and a surge in the medical sector lead the way. Secretary-General speaks on Thailand […]
Tourism Business in Thailand Opening its Gates for FDI
Thailand will shorten the mandatory quarantine period for international visitors beginning next month. But it has delayed a decision to accept vaccination certificates for easier global mobility. It is due to a rise in global virus cases. Still, the government is framing new strategies under the BCG Model to promote tourism business in Thailand. Quarantine […]
Collaboration between Japan and Thailand Board of Investment
The Thailand4.0 initiatives, strategies, and operational framework! Due to this, the Royal Thai Government always focuses on a sustainable economic and social development plan with greater emphasis. It is quite obvious that it is the financial stability of a nation that can define solidarity of the socio-economic sustenance and development. This can be one of […]
Frequently Asked Questions on Payroll Outsourcing in Thailand
Having difficulty in managing your company’s payroll challenges? Getting help from a payroll service provider in Thailand can be a wise decision. Sure, you may have many questions pertaining to outsourcing the service. Below are a few frequently asked questions that may cater to your initial query. For further information you can contact […]
BOI Approves Measures to Accelerate Investment Post-Covid-19
If you are looking to invest in Thailand’s digital business ecosystem, this could be an appropriate time for you. Thailand Board of Investment recently approved a series of measures to fast-track investments to boost businesses to adapt and adopt digital technologies. The package is specially designed to promote large-scale projects post lockdown period. And far […]
Are You Seeking BOI Approval for Your Business in Thailand?
We understand it may not be possible for you to know all rules and regulations as it is susceptible to change. Below are a few points that will help you knowing the project approval criteria; More competition in the industrial, agricultural and service sectors The value added of the project should not be lesser […]
