The season for filing personal income taxes in Thailand has now arrived. Thai taxpayers have the right to report their income to the Revenue Department from 1 January to 10 April 2023. It is useful to know how much money you made in Thailand between January 1 and December 31, 2022. Are you a tax…
Thailand’s cabinet approved tax measures that will benefit property purchases in 2023. Land and property tax were reduced, along with some registration fees being cut.
Many marriages end in divorce, however, in our experience the couples often do succeed in settling their matters reasonably and without a legal dispute. Such an unconsented divorce, also called administrative divorce, is conducted through mutual statements of consent by the spouses at the local district office. It is relatively easy to register and formalize…
Under Thai law, any person or company who engages in recruitment business must obtain a recruitment license from the registrar following the regulations prescribed in the Employment Arrangement and Jobseeker Protection Act B.E. 2528 (1985). Please see the following general information on the legalities of a Recruitment License: Nathathai PichaisawadConnect with me on LinkedIn Nathathai…
In the wake of shared global challenges, tourism and green growth is the way forward for Thailand’s sustainable economy. Specifically, a relevant government panel has set up a plan to develop the country as an international hub and targeted Thailand as the world’s foremost destination for the medical industry and wellness tourism. Still, a dream…
As part of the steady economic recovery from the COVID-19 crisis, Thailand is gradually attracting tourists back into the country. Due to the increased number of visitors, short-term rentals through platforms such as Airbnb, including daily rentals, are in high demand
This guide explores the Long-Term Resident Visa (LTR) based on our experience, a visa designed for high-potential foreigners who wish to reside in Thailand for an extended period. If you have any questions, please do not hesitate to contact us at [email protected] Fabian DopplerConnect with me on LinkedIn Fabian, a founding partner of FRANK Legal…
When the owner of residential property changes, the last step after the visit to the land office and the receipt of the money is crucial: the handover of the keys; after this, the previous owner moves out, and the buyer moves in. At this point, all documents are handed over, a joint tour of the house is made, and meter readings and defects are noted. It makes sense to draw up a protocol for the handover of possession so that the sale of the house does not have any repercussions. We have summarized what you should pay attention to in the house handover protocol.
The Thai government recently announced that they are making some changes to the Long-Term Resident Visa (“LTR”) requirements intending to attract more foreign residents to come to Thailand. Kindly note that although the Thai cabinet and the Board of Investment (BOI) approve of this new LTR visa, there still has not been any official announcement…
Thailand’s cabinet has decided to halve the long-term resident (LTR) visa fee, bringing it down to 50,000 baht. The visa is designed for foreigners who have “high capability or potential” and would like to live in Thailand for up to ten years. This means that eligible highly skilled foreigners can now apply for the visa…
The pledge provides security in terms of performance by transferring a movable property from pledger to pledgee. Therefore, anything considered movable property can be pledged, even an instrument. An instrument is a document in which the issuer promises payment or right to a specific person, such as a bill of lading, a bill of exchange, or a share certificate.
the Thailand Privilege Card’s new “Flexible Plus Program”
This program gives high-income foreigners a work visa and other benefits to stay and invest in Thailand.
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