In this article we discuss the different types of verification marks of the Department of Business Development (“DBD”). It will look at the requirements for each verification mark and the purpose of the verification system based on our experience. In line with current economic trends, e-commerce has become an important part of our lives, yet…
The Cabinet of Thailand has recently planned significant changes regarding immigration policy and rules on foreign land ownership. The Cabinet plans to offer a 10-year visa to attract ‘wealthy foreigners’ to move to Thailand by approving a selection of economic and investment policies designed to attract high-potential foreigners to relocate to Thailand. The first target…
How to Legally Acquire a House in Thailand as a Foreigner Broadcasted on Friday, 22nd of October 2021, FRANK Legal & Tax expert real estate lawyers Mr. Fabian Doppler and Khun Mana Meerungruang were interviewed by Jett Gunther, a Youtuber who focuses on real estate and business matters in Thailand. The topic was “How to…
In this article we look at the hotel license requirements and licenses available in Thailand under the Hotel Act B.E. 2547 and the application procedures based on our experience. Under the Hotel Act B.E. 2547 (“the Act”), “hotel” is defined as lodging premises established for commercial purposes to provide temporary accommodation to a traveler or…
Under the Thai Foreign Business Act (“FBA”), A.D. 1999, foreigners who engage in certain business sectors, including any service business, require a Foreign Business License (“FBL”) to operate legally. However, under the new Ministerial Regulation of the Ministry of Commerce, a Regional Office is not considered a restricted business under the Foreign Business Act (FBA)….
The Thailand Elite Visa is a long-term Thai visa provided to Thailand Privilege Card members offering benefits and residency in Thailand for a set period of time, often with the option to renew the visa. The program is managed by the Thailand Privilege Card Company Limited, under the Ministry of Tourism and Sport. The Thailand…
One of the most important areas of regulation in the acquisition of a company is the purchase price provisions. This is an extremely complex issue in which various aspects have to be considered. In addition, the opposing perspectives of buyer and seller have to be reconciled. In this respect, various basic models and approaches have…
In this article we discuss the topic of e-signatures and electronic transactions in Thailand based on our experience. For reasons which we will cover in our article, it is often best to seek legal advice before using e-signatures in the Kingdom. Electronic signature has been recognized by law in Thailand since 2001, with the Electronic…
Do you need a work permit to do business in Thailand? Or are you making a visa application or renewal to ensure you can continue to work in Thailand? Can you enter Thailand now during COVID-19? Despite travel restrictions, it is still possible to obtain a visa. The Immigration and Work Permits team here at…
While Thailand slides deeper and deeper into economic crisis, the government’s national development plan “Thailand 4.0”, which was already launched in 2016, remains one of strategies for recovery and progress. Thailand 4.0 was implemented to enhance the worldwide competitiveness of Thailand’s business environment and drive the digitalization of its government to provide its citizens and…
Thai business media have reported that sources in the Thai government leaked information stating that laws and regulations on land ownership for foreigners could be set to change, so foreigners would have the option to buy and own a detached house, including the land on which the house is built,
It is our great pleasure to announce that FRANK Legal & Tax has been named as one of the top law firms in Thailand on The Thaiger. The Thaiger debuted in Phuket in October 2016 as a new FM radio station for the island. Thaiger Pte Ltd is currently registered in Singapore and offers the…
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