The Revenue Department of Thailand has issued Order No. 16/2023, which has significant implications for residents in Thailand who earn income abroad or possess assets located overseas. The new order, signed by the Director-General of the Revenue Department, mandates that individuals meeting specific criteria must report and pay income tax on their foreign earnings. The […]
Discover Thailand's robust International Tax Landscape with a focus on Double Taxation Agreements and Global Tax Initiatives. Explore how these agreements promote trade, investment, and tax fairness.
An analysis of Thailand's strategic location at the heart of Southeast Asia, and how this makes it an ideal hub for regional and global trade and investment.
In the dynamic landscape of mergers and acquisitions (M&A), earn-outs have emerged as a strategic pricing mechanism that can greatly impact the success of a transaction. Earn-outs introduce a contingent element to the final purchase price, allowing buyers and sellers to align their interests and bridge valuation gaps, particularly in deals involving privately-held companies or […]
FRANK Legal & Tax is moving! Effective from July 22nd, 2023, we will be at new address in the prestigious Sindhorn Building, ensuring continued exceptional legal and tax services.
It is our pleasure to announce that FRANK Legal & Tax has won the prestigious award for “Best Commercial Law Firm 2023 in Thailand”, presented by the South East Asia Business Awards 2023
Our firm supported UK based international firm Addleshaw Goddard with Thailand related due diligence.
Setting up a second residence in Thailand has become a popular option for many high-net-worth individuals looking for a safe, stable, and convenient location to reside. With its favorable climate, world-class healthcare system, and vibrant culture, Thailand offers a unique and appealing lifestyle for those seeking a second home. However, before making the decision to […]
Thailand is a popular travel destination for many international tourists, but for those who own a boat, it’s important to understand the laws and regulations for obtaining the appropriate license in the country. This article will cover the legal requirements and procedures for obtaining a boating license in Thailand based on our experience. Requirements: To […]
When you are entering Thailand’s territorial waters, based on our experience, you must comply with the instructions as follows: Find a parking space for your boat You can choose between a public (government-owned) or a private port. Tha Chalong is a public port in Phuket, usually free of charge. However, there are very few parking […]