Practical Suggestions for Small Businesses to Survive Today’s Challenging Situation
As industries today suffer the impacts of the pandemic, our economy is left to deal with uncertainties. In a situation when even the large businesses are managing to stay afloat, what is the condition of the small or medium businesses is needless to say. Based on the latest report on the pandemic, most small businesses […]
Good News for Job Seekers in Thailand!
Thailand is brimming with ample job opportunities. Therefore, the Labour Ministry is conducting an expo to help job seekers, particularly the recent university graduated with the companies. In fact, a new co-payment system has been introduced by the government for the recent graduates to cater to 50% of the salary for 12 months. To this, […]
Know How Thailand will Support Your Future Development in the ASEAN Region
The Board of Investment, Thailand is starting a new campaign in 2020. Titling “Think Resilience, Think Thailand”, the campaign is created to highlight the country’s tested strength while reinstating it as the prime investment destination in the ASEAN region. As Thailand is applauded internationally for its efficient control of the corona virus outbreak, the country […]
Interested in Thai Citizenship but Do not Have a Permanent Residence Status in Thailand?
Then you will need to apply for permanent residence in Thailand, if you do not have a Thai wife. To apply for the status you can consider the below mentioned five categories; Investment, Work/Business, Supporting Thai citizen or being supported by Thai citizen, Supporting alien who already had a residence permit or being supported by […]
Top 6 Frequently Asked Questions about Accounting in Thailand
Some of the frequently asked questions about an account in Thailand are mentioned below; What are Thai Accounting Standards? Usually, there are 2 tiers of Thai accounting standards (TAS) and Thai financial reporting standards (TFRS); TFRS for publicly accountable entities that follow International Financial Reporting Standards (IFRS). TFRS for non-PAE (a business entity […]
Thai Cabinet Approves Schemes to Help Offset Losses during COVID-19
The cabinet approved packages to stimulate domestic tourism and help in offsetting losses resulted from absence of the foreign tourists during the COVID-19 crisis. They are as follows; The 40% hotel subsidy to 3000 Baht per night will be extended to 10 nights with the subsidy (air ticket) doubled to 2k Baht Two stimulus packages […]
How Safe would It be to Travel to Thailand or Any Other Foreign Country During COVID-19?
Not sure about other foreign countries, but Thailand has set-up a system of virus control in place to welcome their tourists back. However, visitors’ return would be in a limited number of arrivals only, so as to test the virus control measures. Understanding that the tourists could bring a new wave of the virus with […]
Tax Lawyers in Thailand and Their Field of Expertise
Usually, tax lawyers in Thailand can be seen offering the below-mentioned taxation services; Corporate Tax Personal Income Tax Tax Planning Value Added Tax (VAT) Withholding Tax The professionals are expected to have sufficient technical proficiency, knowledge, and experience. And they may have a good rapport with tax authorities in Thailand, prompting them to do their […]
How to Open Bank Account in Thailand
If you are looking to open a bank account in Thailand, you can choose from any of the below mentioned types. Savings Account A tourist can even open a savings account with some Thai banks. According to the Bangkok Bank’s guidelines a 30-day arrival stamp is enough for the work. Current Account If you are […]
What You Must Know about Work Permit in Thailand?
If you are looking for work permit in Thailand, then you must know that the employing must have; a paid-up Registered Capital of at least 2,000,000 Baht; AND employing 4 Thai employees. So, how do you know if you are eligible to apply for work permit? If you have been/are; Offered a job in Thailand […]
