Power of Attorney in Thailand
In the intricate landscape of legal and business dealings, the Power of Attorney (PoA) emerges as a valuable legal instrument, granting an individual the authority to act on behalf of another. Thailand, with its dynamic business environment and international engagements, recognizes and regulates the use of Power of Attorney. This article navigates through the nuances […]
Contract Review in Thailand
Contract Review in Thailand. When buying property in Thailand, a contract review is an important part of the process. It can help prevent legal ambiguities and hidden clauses that can lead to a less-than-satisfactory outcome. It is especially important for foreign buyers who may not understand Thai laws or the language. A contract review can […]
Due Diligence in Thailand
Conduct Due Diligence in Thailand is an investigative process used to verify information and assess the risks and benefits of a decision or transaction. It involves a number of important checks including checking if the property is in legal ownership and if building permits have been issued. It is also important to check the developer […]
Retirement Visa in Thailand
Retirement Visa in Thailand. A foreigner on a retirement visa can stay in Thailand for one year. It can be renewed if the requirements are met. Applicants need to report their residence to the immigration office every 90 days. They can do this by mail or by visiting the office personally. They can also employ […]
Thailand Long-Term Resident Visa
The Thailand Long-Term Resident (LTR) Visa offers many privileges that will make it easier for those looking to work remotely and live in Thailand. These include discounted personal income tax rate, faster visa processing, fast track at international airports, and reporting yearly to Immigration instead of 90 days. The program aims to attract over one […]
Thailand Elite Visa
Overview of the Thailand Elite Visa The Thailand Elite Visa, also referred to as the Thailand Privilege Visa, is an exclusive long-term visa initiative aimed at attracting high-net-worth individuals, business professionals, investors, and retirees from around the globe. This program offers a wide range of benefits and privileges, making it an ideal option for digital […]
Thailand Board of Investment
Setting Up a Company under the Thailand Board of Investment can provide many benefits for foreign and local entrepreneurs. However, it is important to understand the requirements and procedures before applying for BOI privilege. Companies promoted by the BOI are eligible for tax incentives such as exemption or reduction of corporate income tax for a […]
Representative Office in Thailand
A Representative Office in Thailand is an extension of a foreign company. It cannot generate revenue or conduct sales activities but it can report to its head office on business movements in Thailand. Setting up a Representative Office is much simpler than opening a company in Thailand, but it still requires a lot of paperwork. […]
Thai Limited Company Registration
Setting up a Thailand limited company is the most popular structure for foreign investors. It is a legally separate entity that protects shareholders from unlimited liability. Before you can register your company, you must hold a statutory meeting and submit the articles of incorporation and by-laws. You will also have to establish an accounting system […]
Property Title Transfer in Thailand
The property title transfer process in Thailand involves several important steps and considerations. Here are some key aspects to understand: Land Department and Title Deeds: The Land Department in Thailand is responsible for overseeing property transactions. The property’s title deed, also known as the Chanote, is a crucial document that proves ownership. Other types of […]