Doing business in Thailand | Investments | Real estate | Taxes | Market entry | Relocation | Visas
Key Points Do You Need to Make a Will in Thailand? If you have property in Thailand—such as real estate, money in banks, shares in companies, vehicles, or other significant assets—it is wise to make a will in Thailand. This … Read more
Overview of TISO The Trade and Investment Support Office (TISO) allows 100% foreign ownership for support-focused businesses in Thailand, including consulting, technical services, outsourcing, and wholesale trading of Thai-made products. This structure, defined by BOI Announcement No. Sor 3/2564, offers non-tax incentives, like simplified work … Read more
Condominium in Thailand Foreigners can own condo units in condominiums. Condominiums are registered multi-unit buildings licensed by the Land Department, governed by the Condominium Act B.E. 2522 (1979). In Thailand, besides condominiums, there are multi-unit residential buildings where individual unit … Read more
Contract Law in Thailand Contract law in Thailand is primarily governed by the Civil and Commercial Code of Thailand B.E. 2468 (“CCC”). General provisions of contract law are outlined in Sections 354 to 394, while specific types of contracts are … Read more
The International Business Center (IBC) regime The International Business Center (IBC) regime in Thailand is a special regime designed for large businesses. It aims to strengthen Thailand’s role as a regional hub for international corporations. Thailand offers multinational companies the … Read more
General Information In Thailand, taxes and fees on real estate sales do not depend on whether the seller sold it at a loss, for example, having bought it earlier at a higher price. The seller is required to pay taxes … Read more
Understanding Key Incentives and Requirements for IT and Tech Investments in Thailand The Thailand Board of Investment (BOI) offers a variety of incentives to support the growth of IT and tech businesses. These benefits, available to both Thai and foreign … Read more
Sources of Labor Law in Thailand Labor law in Thailand is governed by a range of statutes, with the Labour Protection Act B.E. 2541 (1998) (LPA) and Sections 575–586 of the Civil and Commercial Code (CCC) serving as the foundation for employment relations. The … Read more
What Type of Company to Open in Thailand? A Private Limited Company (Co., Ltd.) is the preferred choice for foreign investors in Thailand due to its limited liability structure, similar to a Pte Ltd in Singapore, GmbH in Germany, or … Read more
What is an LTR Visa The Long-Term Resident (LTR) Visa is for high-potential foreigners, targeting: The LTR Visa holder’s spouse and children under 20 can also be included, up to four family members. LTR Visa Issuance Statistics On May 30, … Read more
Who is a Tax Resident of Thailand? The taxation of individual income in Thailand depends on their tax status and the type of income they receive. Anyone who stays in Thailand for 180 days or more in a tax year … Read more
Prenuptial Agreement in Thailand: Key Points The prenuptial agreement in Thailand, also known as an ante-nuptial agreement, is governed by Sections 1465–1469 of the country’s Civil and Commercial Code. If the spouses have not entered into a special agreement regarding … Read more
Understanding Leasehold in Thailand In Thailand, “freehold” and “leasehold” arrangements are commonly used, though they have distinct meanings. Freehold provides full, unconditional ownership rights, while leasehold confers the right to use and occupy land for a specified period without ownership. … Read more
Land Ownership in Thailand As a general rule, foreign individuals and entities cannot own land in Thailand. Companies registered in Thailand where foreigners hold more than 49% of capital, or where the majority of shareholders are foreign, are also considered … Read more
Brief History of Cannabis Legalization in Thailand Cannabis, known as “ganja” in Thailand, has been used in traditional medicine for centuries. However, in 1934, its use was criminalized following global trends at the time. The Marijuana Act was passed, prohibiting … Read more