THAILAND BUSINESS GUIDE

Don't do restricted business in Thailand without a licence

Tue, 19 Jul 2011 09:08:00 -0400

Foreign companies that send their staff to work in Thailand, open a representative office or branch or establish a subsidiary to operate some categories of business in Thailand may need to obtain a foreign business licence under the Foreign Business Act (BE 2542). Otherwise, the company can be subject to criminal liability. The act allows foreigners to operate such prohibited businesses only if a licence has been obtained.

Phuket property - The definitive buyer's guide - new 2011 edition

Tue, 05 Jul 2011 13:59:00 -0400

If you are looking to buy property in Phuket, Thailand you might be interested in this free guide, 'The Definitive Guide to buying property in Phuket'.

The Definitive Guide to buying property in Thailand – new 2011 edition

Mon, 04 Jul 2011 14:10:00 -0400

If you are considering buying property in Thailand you will probably be interested in this free guide. It should help you to avoid the most common pitfalls and scams.

Thailand's legal recourse when the money runs out – Part II

Tue, 22 Jun 2010 09:07:00 -0400

To continue from where I concluded in the first part of this article, there are various definitions for insolvency as distinct from bankruptcy, but both carry the notion that an individual or a business cannot pay their debts when they fall due.

Thailand’s legal recourse when the money runs out – Part I

Tue, 22 Jun 2010 09:05:00 -0400

Now the world is more interconnected than ever we can appreciate how events such as the recent financial crisis have impacted global economies in a way not seen the great recession of the 1930s.

How to select a Lawyer in Thailand

Fri, 26 Mar 2010 04:38:00 -0400

its hard to find a good lawyer in Thailand if you are a foreigner and planning to invest.

Expat bosses should not ignore cultural differences at work

Sat, 20 Mar 2010 08:04:00 -0400

A Bangkok Post article writes about the difficulties, cultural differences expat bosses experience when they deal with Thai staff.

Thailand's One Start One Stop Investment Center

Fri, 05 Mar 2010 04:39:00 -0500

Opened on November 23, 2009, the One Start One Stop Investment Center, or OSOS, offers investors a wide range of investment-related services. The center is open to all businesses - Thai or foreign; big or small; BOI-promoted or not — interested in investing in Thailand.

Foreigners: Legal problems of home ownership in Thailand

Mon, 04 May 2009 09:06:00 -0400

This is the first in a series about the legal problems of foreigners who now own homes in Thailand. If you have one or more of these problems, you can and should correct them - before they reach some final stage of the legal system.

Your Money: Bringing it to Thailand and taking it out - Part V: Your questions

Wed, 29 Apr 2009 09:24:00 -0400

Many of you asked questions in response to our series on moving money in and out of Thailand. The following questions represent those that were most frequently asked.

Your Money: Bringing it to Thailand and taking it out - Part VI

Tue, 21 Apr 2009 04:31:00 -0400

This time we're going to follow the process of transferring money in and out of Thailand for a specific transaction - to give you an idea of how some of the rules work, particularly in connection with repatriation.

Your Money: Bringing it to Thailand and taking it out - Part III

Tue, 14 Apr 2009 05:46:00 -0400

Last time we talked about two of the basic types of baht bank accounts. The third type of baht account is the fixed-term deposit account. This kind of account typically offers no services (such as ATMs), and you have to leave the money in the account for the entire period agreed with the bank, or they apply penalties that don't make opening this kind of account worthwhile. The advantage? Higher interest rates.

Your Money: Bringing it to Thailand and taking it out - Part II

Mon, 06 Apr 2009 04:09:00 -0400

Last time we talked about the mechanics of bringing money into Thailand. This time we'll discuss the bank accounts you can keep it in. To begin with, in Thailand you can deposit baht or foreign currency in Thai banks. This week we'll concentrate on baht accounts.

Barriers to Sharing Lowered by Creative Commons Licenses in Thailand

Fri, 03 Apr 2009 06:55:00 -0400

Creative Commons Thailand has adapted the Creative Commons licenses to Thai law. The localised licenses, launched 2 April [2009], enable Thai creators to easily share creative works by lowering legal barriers and prohibitive transaction costs.

YOUR MONEY: Bringing it to Thailand and taking it out - Part I

Sun, 29 Mar 2009 06:05:00 -0400

When foreigners come to live in Thailand they bring money to buy homes, invest in businesses and pay their expenses. If they leave, or if they have expenses elsewhere, they may want to send the money out. We are often consulted about various aspects of currency transactions in and out of Thailand. This series covers some of the important things you should know about money flows to help you avoid costly mistakes.

Making appointments in Thailand

Mon, 16 Mar 2009 08:03:00 -0400

Office hours in Thailand are generally 8 a.m. to 5 p.m., though a large number of people will work from 9 a.m. to 6 p.m. Most people will break for lunch from 12 p.m. to 1 p.m.

Guidelines for business dress

Mon, 16 Mar 2009 08:03:00 -0400

Business suits are the standard office attire in Thailand: despite the heat most offices require a shirt and tie, with most people preferring to wear a long sleeved shirt.

The long arm of taxation; All men are created equal

Thu, 05 Mar 2009 05:44:00 -0500

The economic stimulus in the USA, UK and Thailand for the populist policy needs money to support the marginalized people. Some hard working people question if it is fair for them to pay tax while some idle people just wait for the government support. The incomes of all governments come from tax collection. It is why the tax laws in all developed countries are very draconian. The untouchable Al Capone could abscond for the murder conspiracy but was suddenly put in jail for tax evasion.

ECONOMIC SLOWDOWN

Tue, 17 Feb 2009 08:33:49 -0500

Business leaders urge Thais to spend more. Shopping sprees should help save jobs and boost economy. It is imperative that Thais go on shopping sprees despite their fear of unemployment, top business leaders advised yesterday.

Checking up your annual balance sheets

Mon, 02 Feb 2009 11:27:00 -0500

TO set up a company to buy property is not really a complicated matter. It is why many unlicensed persons find the way to make easy money from the gullible foreigners. These unlicensed professionals are foreigners who can speak English with the beautiful native accent by just say “No problem my friend, everyone does like this in Pattaya”.