Thailand’s Board of Investment has collaborated with the Immigration Bureau and the Department of Employment to set up a new process to allow BOI-registered companies to process work permit, visa and renewal applications digitally. Though applicants will still need to visit the specially set up centres to collect their documentation, however, service users will be supplied with a digital work permit, rather than the physical work permit booklets that are currently the norm. Visa applicants will not be required to queue to collect their visas.
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 legally operate.
Restricted businesses may obtain a Foreign Business License (“FBL”) to operate legally. Such an FBL may be granted in the form of permission to operate as a representative office.
A large number of contracts are negotiated and concluded in everyday business without the involvement of lawyers. Standard contracts are used, and collections of samples are freely available. Such model contracts can be helpful depending on the qualifications of their authors, however, caution is required because the standard contract, which fits every business deal, does not exist. Therefore, it is strongly recommended to ask a legal professional for assistance when a contract is needed.
The Central Administrative Court has ruled against an environmental impact assessment (EIA) report of a high-end condominium development in the Bangkok Lumpini area, because it did not comply with the building control law and related regulations. The lawsuit was comprised of a group of 23 people and four agencies including the committee on building, land allocation and community service and the Office of Environment Policy and Planning.
In order to prepare itself for the new digital economy and maintain the rapid level of startups growth, particularly in Fintech, Food Tech and e-commerce, the Thai government has developed a large scale program. This aims to produce a digital economy framework around four areas of development: digital commerce, digital entrepreneur, digital innovation, and digital content.
This initiative is based on an MOU to establish the Strategic Talent Center (“STC”) as a platform that engages with the private sector. STC is the mechanism that assesses foreign experts in digital technology and sciences who wish to live and work in Thailand. The applicant must be employed by a Thai employer such as a limited liability company, but there is no restriction in regards to registered capital or numbers of employees. The company should apply for the qualification / expertise recognition through STC, who will then refer the application to the relevant officials for final evaluation. Once the application is accepted, they will then be granted an annual visa and work permits.
The 10-year visa for foreign retirees is now available. This comes after last year’s cabinet resolution, which agreed to permit this type of visa. The official announcement of the Ministry of Interior dated 26 May 2017 came into full force on 26 July 2017. Applications for 10-year visas are already being accepted. Foreigners can apply at their provincial immigration offices.
FRANK Legal & Tax is proud to announce that K. Keattipong Sujinpram has joined their team in the Bangkok Office.
Keattipong is a Thai attorney with more than six years experience as an attorney. He holds a Bachelor of Laws degree from Chiang Mai University. Keattipong specializes in litigation law. He is a licensed Thai lawyer. He speaks Thai and English.
Before Thailand jumped into the 4.0 era, there was Thailand 1.0 which was based on the agriculture sector, Thailand 2.0 focused on light industry and then came the heavy industry of Thailand 3.0 which caught the nation in a medium income trap, with growing income inequality and imbalanced development. Now, the government is planning a 20-year National Strategic Plan to strengthen the local economy through “Sufficiency Economy” and to connect better with world markets.
Since 15th June 2016, it is possible for foreigners to obtain a visa (extension of stay) and work permit in Thailand for a period of two years, under the Board of Investment (BOI) or the Industrial Estate Authorized Thailand (IEAT) schemes. In specific cases, a period of even four years may be granted.