Thailand SMART Visa
Thailand SMART Visa. The SMART Visa is a government-initiated long-term visa aimed at attracting highly skilled professionals, executives, entrepreneurs, and investors in targeted industries to Thailand. Launched in 2018, it is a joint initiative by the Thailand Board of Investment (BOI), Immigration Bureau, Ministry of Foreign Affairs, and Ministry of Labour, aligned with Thailand’s Thailand […]
Thailand Business Partnerships
Thailand Business partnerships offer foreign and Thai entrepreneurs a practical legal structure to jointly operate businesses. While the concept of a partnership may seem straightforward, Thailand’s legal system distinguishes multiple partnership types, each with distinct rights, responsibilities, liabilities, and tax implications. This article presents a comprehensive analysis of registered and unregistered partnerships under Thai law, […]
Consumer Protection Act
The Consumer Protection Act B.E. 2522 (1979) is the primary legislation in Thailand designed to protect consumers from unfair trade practices, deceptive advertising, substandard products, and unsafe services. This law establishes consumer rights, business obligations, and regulatory enforcement mechanisms to ensure fairness in the marketplace. The Act is enforced by the Office of the Consumer […]
Title Deeds in Thailand
Title Deeds in Thailand. In Thailand, title deeds are the cornerstone of property ownership, serving as legal documents that confirm an individual’s or entity’s rights to a specific piece of land or real estate. The system governing title deeds in Thailand is intricate, shaped by a combination of historical, legal, and cultural factors. Understanding the […]
Foreign Business Act
The Foreign Business Act (FBA) B.E. 2542 (1999) is the cornerstone of Thailand’s regulatory framework for foreign businesses. It establishes guidelines and restrictions on foreign participation in specific industries, balancing the protection of domestic enterprises with the promotion of foreign investment. The FBA governs the extent to which foreign nationals or entities can engage in […]
Property Mortgages in Thailand
Property Mortgages in Thailand. As Thailand’s real estate market grows in appeal, particularly in urban centers like Bangkok, Chiang Mai, and Phuket, understanding the intricacies of property financing is crucial for both Thai nationals and foreign investors. Mortgages in Thailand offer distinct opportunities and challenges, governed by local laws and banking practices that differ significantly […]
Registering a Company Under the Thailand Board of Investment
Registering a company under the Thailand Board of Investment gives your business access to tax incentives and non-tax privileges. These benefits vary depending on your business’s activity, investment capital, and location. Some of the privileges include corporate income tax exemptions that last up to thirteen years, no taxes on importing machinery and equipment essential for […]
Bankruptcy in Thailand
Bankruptcy in Thailand. Bankruptcy, or insolvency, is a legal condition where an individual or entity is unable to meet its financial obligations. While the concept is universal, its implementation and implications can vary significantly across different countries. This article aims to provide a comprehensive overview of bankruptcy in Thailand, delving into its legal framework, procedures, […]
