Thailand has introduced a new program to attract highly skilled experts and investors. This program shall target several industries and enhance the scientific and technological sector. SMART Visa and its privileges will help to recruit various talents, senior executives, entrepreneurs and investors for the country’s development in the fields of next-generation automotive, smart electronics, medical…
On the 10th of May 2018, the Department of Employment (DoE) has published a letter to address the scope of the Work Permit under the Emergency Decree on Foreign Employee Management B.E. 2561 (the “Decree 2018”). It especially elucidated the question of whether a foreigner who has been granted a Work Permit once is able…
Together with their local partner Thonburi Automotive Assembly Plant Co. Ltd. (“TAAP”), Mercedes-Benz Cars are going to invest over 100 Million Euros in the existing car plant and a new battery production factory in Thailand. The investment shall extend the existing car plant and increase the product portfolio by adding new models. The new battery…
The electronic machine tracking system (eMT) was developed by the Investor Club Association to assist companies, promoted by the Board of Investment (BOI), with privileges granted under Section 28 and 29 of the Investment Act B.E. 2520. The Investor Club Association (IC), established in 1993, is an organization which brings together Thai and foreign investors…
The purchase or sale of a property is a legal transaction with a far-reaching legal and financial impact. To secure a prospective purchase or sale of property legally, both the buyer and the seller may enter into a so-called Memorandum of Understanding (MoU) on the intention to conclude a main contract later. The parties of…
The Long Stay Visa Non-Immigrant O-X was approved in November 2016. It allows nationals from several countries to stay in Thailand for a period of maximum 10 years. The Non-Immigrant Visa O-X has a five years validity and can be extended for another period of five years. Nationals from the following countries benefit from this…
FRANK Legal & Tax will be holding another of our regular free events, designed to support the business community in Bangkok. The upcoming event will provide an opportunity to explore the topic of starting a business in Thailand. Starting a new business can be both exciting and challenging, particularly in a foreign country. By attending…
Foreigners who reside in Thailand and want to drive a car or motorcycle in Thailand should apply for a Thai driving license. The Thai driving license is essential since the international driving permit is not valid for driving in the country of residence. The purpose of an international driving permit is to translate the domestic…
In March 2018 the Thai cabinet approved the amendments to the Royal Ordinance on the Management of Foreign Workers Employment B.E. 2560 (2017). The amendments were published on March 27, 2018, in the Royal Gazette and are known as the Royal Decree on Managing the Work of Foreigners (No. 2) B.E. 2561 (the “Decree”). The…
In certain cases when a certified document is used in another country, a supplementary authentication of such certified document may be required. Such supplementary authentication is an additional certification that is usually issued by courts of the country from which the document originates. It is an internationally recognized confirmation that the certification of the document…
Under the Foreign Business Act (FBA), the business activities of foreigners in Thailand are restricted. Fortunately, there are various possibilities to obtain official permissions and programs to enhance international business in Thailand. Thailand as a regional business hub and a leading center of commerce in Southeast Asia offers a wide range of incentives especially for…
Holding a permit for permanent residency in Thailand has many benefits. A person with a permanent resident status can live permanently in Thailand without the need for a periodic stay extension. A permanent residence permit is the first step to become a naturalized citizen of Thailand. It entitles the non-Thai family members of the permanent…
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