Thailand Launches New Incentives to Attract Hybrid Vehicle Manufacturers Thailand is currently hosting global carmakers like Toyota and Honda, now introducing new investment incentives for manufacturers of hybrid vehicles. Announced by the Board of Investment (BOI) on Friday, these measures include lowering excise taxes for hybrids from 2028 to 2032, aiming to enhance Thailand’s competitiveness…
Thailand’s position as a gateway to Southeast Asia and its growing economy make it an attractive destination for foreign investment. As the region’s second-largest economy, Thailand offers numerous opportunities for businesses looking to expand their presence in Asia. However, entering the Thai market involves navigating a complex legal landscape designed to protect domestic industries while…
Order No. 1/2567 Provides New Compliance Rules for Companies with Over 5 Million THB Capital The Central Partnership and Company Registration Office has recently issued a pivotal directive: Order No. 1/2567. This new order, which supersedes the previous Order No. 1/2566, introduces significant changes to the regulatory framework for the establishment, capital increase, and mergers…
Starting a business in Thailand can be a complex process, but with the right guidance, it can be smooth and efficient. At FRANK LEGAL & TAX, we offer comprehensive support to ensure your company registration in Thailand is handled professionally and quickly. Why Choose Thailand for Your Business? Strategic Location Thailand’s strategic location in Southeast…
Thailand’s Ministry of Commerce has recently introduced significant changes to its e-commerce regulatory framework through the issuance of the Notification Re: Business Regulations that Commercial Operators Must Register and Businesses that are Not Subject to the Commercial Registration Act B.E. 2567, effective from June 5, 2024. The somewhat controversial update is supposed to facilitate a…
The new DTV Visa allows remote workers and participants in cultural activities to stay in Thailand for up to 180 days per entry, with a 5-year validity. As of July 15, 2024, the Thai government has officially launched the Destination Thailand Visa (DTV), aimed at individuals seeking to combine work and travel (“workcation”) in Thailand….
In our following presentation, we summarize the pertinent options for business visas and work permits in Thailand: If you have any questions regarding the retirement visa, please do not hesitate to contact us at [email protected] Fabian Doppler Connect with me on LinkedIn Fabian, a founding partner of FRANK Legal & Tax, is a German-trained lawyer…
Setting up an e-commerce business in Thailand involves several regulatory steps, with obtaining an e-commerce license being a crucial part of the process. This guide provides a detailed overview of the application process and the necessary documents to ensure a smooth and compliant setup. Once you have determined that your business requires an e-commerce license,…
Unlocking the Potential of E-Commerce in Thailand: A Guide to Legal Requirements E-commerce, the practice of selling products and services over the Internet, has become a cornerstone of modern business. This model includes various types of transactions, such as Business-to-Business (B2B), Business-to-Consumer (B2C), and Business-to-Government (B2G). E-commerce is particularly attractive for those seeking to minimize…
Thailand is set to rejuvenate its tourism sector and stimulate economic growth with a comprehensive set of new visa measures introduced by the Thai cabinet. These amendments aim to make the country more accessible and attractive to various groups, thereby bolstering its economy. Here’s a detailed look at the new initiatives: New Visa Category A…
New 10-year visa aims to attract top talent and foster growth in targeted industries within Thailand’s Eastern Economic Corridor In order to enhance Thailand’s economic landscape, the cabinet has approved a special 10-year visa tailored for executives and experts working within the Eastern Economic Corridor (EEC). As we have discussed earlier, the initiative aims to attract specialists in targeted…
In Thailand, non-Thai individuals are legally prohibited from owning land. This rule aims to ensure that Thailand maintains sovereignty over its land and natural resources while preventing excessive foreign ownership. The primary goal is to safeguard locals from potential displacement due to the significant purchasing power of foreign entities. These regulations are firmly established within…
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