Guide to Tax on Foreign Income in Thailand
Is foreign-sourced income getting credited to your Thai bank Account? Then you need to check whether it is taxable or not. Effective January 1, 2024, the Revenue Department of Thailand has implemented substantial revisions to the taxation of income derived abroad and imported into the country. These tax adjustments hold noteworthy consequences for individuals residing […]
Register a Limited Liability Partnership (LLP) in Thailand
To start a business in Thailand, business owners have two partnership options. An ordinary partnership involves two or more individuals sharing unrestricted responsibility. A limited partnership, on the other hand, consists of at least two people but provides limited liability to the limited partner, whereas the general partner has unlimited liability. Using the second concept, […]
Register Regional Operating Headquarter (ROH) in Thailand
Are you planning to control your subsidiaries or associated enterprises located worldwide from Thailand? Register a Regional Operating Headquarter or ROH in Thailand to do so and avail the Board of Investment (BOI) promotions in Thailand. To Register your ROH in Thailand, we can help you throughout the process after you check your eligibility to […]
Pay Specific Business Tax in Thailand
Will your business in Thailand need to pay Specific Business Tax in Thailand this month? Yes, SBT filing must be done monthly; if you miss any, you will be subjected to heavy penalties. Therefore, without worrying about the consequences, read through our guide for complete information on SBT. What is Specific Business Tax (SBT) in […]
License to do Business in Thailand – MANDATE
Rapidly evolving as the business hub of Southeast Asia, Thailand is becoming one of the most preferable destinations to attract foreign direct investment. If you are planning to register your company in Thailand, then you must go through this article. This article will guide you comprehensively on the requirements of respective license to do business […]
Tax Registration for Foreign Business in Thailand
Venturing into a foreign market like Thailand presents lucrative avenues for business growth, but it also entails the responsibility of understanding and adhering to local tax regulations. For foreign businesses operating in Thailand, accurate tax filing is crucial to ensure compliance with the law and avert potential penalties. Therefore, tax registration is very crucial for […]
Starting Business in Thailand: Mistakes to Avoid
Are you a foreign investor with plans of starting a business in Thailand? There are numerous great reasons for foreign investors to start a business in Thailand, due to which the kingdom is growing rapidly as the business hub of Southeast Asia. However, in our practical experience, we have seen global investors committing great mistakes […]
Business in Thailand: What Structures Should Foreigner Investors Choose?
Thailand serves as a strategic gateway to Asia, attracting increasing interest from foreign investors seeking to establish or expand their businesses in the region. To gain a foothold in the Thai market and achieve foreign ownership, there are various business structures available for consideration. Business Structures in Thailand for Foreigners The business structures in Thailand […]
How to Start a Representative Office in Thailand?
A Representative office in Thailand, as the title suggests, is not an independent entity but rather an extension of foreign businesses operating in Thailand. They are distinct from independent companies in that they lack shareholders, meaning there are no foreign ownership restrictions. However, a fundamental limitation of representative offices is their inability to generate revenue […]
Hiring a Business Law Firm in Thailand
As Thailand solidifies itself as a Southeast Asian business and investment hub, entrepreneurs, and companies alike must navigate its intricate legal landscape. To ensure adherence to laws, mitigate potential risks, and facilitate seamless operations, choosing a trusted business law firm in Thailand is vital. In this article, we delve into the critical factors businesses should […]
