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Non-disclosure Agreements: A Necessity in Business

In a world characterized by an ever-increasing exchange of information, non-disclosure agreements play a significant role in business life. For a collaboration between business partners, it is essential to exchange sensitive data, for example  know-how,  financial data, or business secrets.   However, this can also be accompanied by high risk. Passing forward information to unauthorized third parties […]

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Thailand’s EEC Unveils 5-Year Development Plan and New Visa Scheme

The Eastern Economic Corridor (EEC) Policy Committee in Thailand has greenlit an ambitious 5-year development plan for 2023-2027, aiming to accelerate growth, attract substantial investments, and position the region as a hub for high-tech industries. The EEC envisions a surge in investment over the next half-decade, with a target of 500 billion baht. The plan […]

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Managing Wealth Across Generations – Family Offices in Thailand

A family office is a private wealth management firm that provides comprehensive financial services to a wealthy family or a single high-net-worth individual. These services typically include investment management, estate planning, tax optimization, philanthropic advising, and more. Family offices are tailored to the specific needs and goals of the family or individual, offering personalized financial […]

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Leasehold vs. Usufruct for Foreigners

Properties in Thailand do not serve only as investment assets but also as residences and business premises, attracting both locals and foreigners. While Thai law still restricts foreigners from owning certain estates in Thailand, ownership is not the sole means of leveraging property in Thailand. Thai legal framework offers various alternatives for individuals, including foreigners, […]

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Important Updates on New Tax Regulations for Foreign Income in Thailand

Key Information on Revenue Department Order No. 162/2023 Additionally, to the Q & A paper on the new tax regulations published by the Thai Revenue Department, the Thai Tax Authority published the Revenue Department Order No. 162/2023 on 20. November 2023.  This order states, that the following paragraph shall be added to the Revenue Department […]

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Important Announcement: Amendment to Hotel Definition and New Regulations

On 30 August 2023, the Royal Gazette issued the ministerial regulations as an announcement regarding the amendment in the definition of the hotel, which led to changes in the requirements for owners who wish to operate hotels. According to the regulation amendment, this alters the criteria for operating a hotel. A significant modification has been […]

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Thriving in the Land of Smiles: Startup Grind Panel Discussion on November 8, 2023

Our colleagues Fabian and Nathathai joined the discussion panel at this event for business start-ups in Thailand. Thank you,

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Transforming Building Safety: Thailand’s New Ministry Regulation

In an effort to boost building safety and elevate construction standards, Thailand has introduced a comprehensive new Ministry regulation. This updated regulation, a revision of the existing Ministry of Interior’s guidelines, places a strong emphasis on various critical aspects of construction, including load-bearing capacities, fire resistance, and the materials used in structural elements. Background and […]

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Thailand Elite Visa Membership Packages Set to Transform

Thailand Elite Visa Membership Packages Set to Transform The current Thailand Elite Visa membership packages are due to be discontinued in their current form. To adapt to the global economic landscape, a new suite of offerings will be made in October 2023. This move reflects the intent to modernize and cater to a diverse client […]

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Guide to the Available Legal Structures for NGOs in Thailand

Discover the legal frameworks for NGOs in Thailand and gain valuable insights from our extensive experience in this educational article.

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