Tag Archive: bangkok

  1. Seminar on BOI promotion with a full house of Bangkok business professionals

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    FRANK Legal & Tax hosted a seminar on BOI Promotion for Tech Startups, attended by a full house of businesspeople working in the tech and digital sectors in Bangkok.

    The event provided an opportunity to explore BOI promotion related to the tech industry in Thailand and gave insights into the various BOI categories that are relevant to IT, software development and tech business.

    The audience asked a number of questions based on their own experiences of planning or trying to pursue BOI promotion in Thailand.

    The event was a success, drawing attention to the importance of the rule of law in doing business in Thailand, and raising awareness of the ways in which business people in Bangkok can take advantage of BOI promotion.

    FRANK Legal & Tax looks forward to continuing events related to important legal issues and we welcome any questions you may have about doing business in Thailand by contacting us at [email protected]

  2. Seminar on BOI Promotion for Tech Startups, Bangkok, 21 August 2019

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    Starting a Business in Thailand is much easier when the Board of Investment (BOI) promotes you. Our next event will provide an opportunity to explore the BOI promotions related to the tech industry in Thailand. Our experienced Lawyers will be starting with a big-picture view of foreign business licensing in Thailand, which will be followed by insights into the various BOI categories that are relevant to IT, software development and tech business. In addition, our Managing Partner, Fabian Doppler will briefly discuss the legal process for start-ups in Thailand.

    Register here

    The admission fee will include:

    • Presentation by our experienced lawyers
    • Possibility to ask questions
    • A fine selection of high-quality finger food
    • Free beverage

    Our Speakers:

    Fabian Doppler – Managing Partner

    Fabian Doppler is a founding partner of FRANK Legal & Tax, Bangkok. He focuses his practice on corporate and commercial law, as well as real estate law, advising clients on a number of regulatory, compliance and transactional matters. He has developed a specialty in providing advice in the areas of corporate legal structuring, licensing and contract negotiations for foreign direct investment in Thailand. He counsels discerning corporate clients at C-level, from the point of planning the market entry and support in the operational phase through to successful resolutions of legal disputes.

    Rangsarit Suwanarat – Specialist Corporate law

    Rangsarit Suwanarat is a Thai attorney with more than four years of litigation experience and more than three years of corporate experience. He has represented individuals and juristic person clients in civil cases and represented a foreign company in a rehabilitation case at Thai Bankruptcy Court. Mr. Suwanarat supports company registrations for Thai and foreign clients, trademark registrations, applies for foreign business licenses, juristic person life insurance, brokerage license as well as applies for Board of Investment Promotion. He has developed a specialty in contract drafting and providing advice on taxation

    The meeting will be on August 21, 2019 at 6.30pm at the Novotel Bangkok Ploenchit Sukhumvit, 566 Phloen Chit Rd, Lumphini, Bangkok 10330 (see Google Maps: https://goo.gl/maps/UuPgNhKgBmN2)

    FRANK Legal & Tax regularly hold public events, designed to support the business community in Bangkok.

  3. Starting a business in Thailand: upcoming Bangkok event

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    FRANK Legal & Tax will be holding another of our regular free events, designed to support the business community in Bangkok.

    The upcoming event will provide an opportunity to explore the topic of starting a business in Thailand. Starting a new business can be both exciting and challenging, particularly in a foreign country. By attending our workshop, you will acquaint yourself with the legal procedures for opening a business in Thailand and be more familiar with the programs and opportunities available throughout the Kingdom. Please register using the form on this page.

    In addition, Partner Fabian Doppler will briefly discuss the legal process for start-ups in Thailand.

    [contact-form-7 id=”3006″ title=”Register for our next event_Nov7 18″]

  4. Bangkok Property Market Performs Strongly in 2017

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    In Q4 2017, the Bangkok condominium market grew steadily, particularly in the downtown area of the city. The number of new properties launched in 2017 overall also grew year on year by, with a 51% increase compared to 2016. Bangkok’s condominium market is likely to continue to grow in the future, given the many new mass transit lines and pipelines under construction (for example the MRT Pink Line, MRT Yellow Line and MRT Orange Line).

    Land prices and the lack of remaining downtown new development space has opened the way for new locations to become up and coming property hotspots. Projects that are in prime or new locations with appropriate pricing to compliment market demand continued to performed well.

    Due to the high proportion of units from projects that have been sold and that have been completed since 2014 in the downtown area, there does not currently appear to be a risk of oversupply in the area. Increasing land costs are a central factor that has resulted in price increases. More projects are opening up in new areas due to the construction of the approaching transport connections.

    During the past one to two years, the average selling price of new condominium units has continued to rise at approximately 15–20% annually. Condominium prices are expected to increase similarly next year, particularly in in the downtown area.

    Expatriates work permits in Bangkok increased 1.3% Quarter on Quarter and 3.1% Year on Year. Typically, expatriates have favoured certain areas and this continues to be the case, particularly the Sukhumvit, Silom/Sathorn and Central Lumpini areas, due to their easy access to the BTS Skytrain, along with convenient shopping and dining options.

  5. Court revokes EIA report on luxury Bangkok project

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    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.

    The court said the EIA report for the Mahadlek Residences Condominium project had been unlawfully permitted by a committee of specialists responsible for reviewing the report. The court ruled that the approval was unlawful and the ruling would take effect retroactively from April 3, 2014.

    In January, the Central Administrative Court withheld the project’s construction license. The license was distributed by City Hall’s Department of Public Works to the Office of the Privy Purse to construct the 41-storey condominium.

    The court said the Office of the Privy Purse is not a corporation, but a “unit” under the Bureau of the Royal Household with no power to pursue a license. This right is reserved for corporate companies.

    No project unit has been sold to the public yet, TFD CEO Apichai Taecahubol said.

    If you would like any legal help with your property purchase, please contact us: [email protected]

  6. Thai Lawyer joining FRANK Legal & Tax in Bangkok Office

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    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.

    Please feel free to contact K. Keattipong by email under [email protected] if you require his legal assistance.

    A man wearing a suit and tie

  7. FRANK Legal & Tax on MeetUp

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    FRANK Legal & Tax is pleased to announce that we have started a “MeetUp” group. The Group aims to to create a forum for entrepreneurs and business start-ups where information can be obtained and ideas can be exchanged.

    To see our profile and join, visit:
    https://www.meetup.com/Establishing-a-Company-in-Thailand/
    Our MeetUp events are planned to take place on a regular basis once a month.

    Please feel free to come along!

     

    Frank Meetup event bangkok

     

  8. Opening a bank account without a work permit at Bangkok Bank

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    On a more practical note, clients often ask us for assistance with opening a personal bank account in Thailand. Such an account offers a lot of benefits, but many foreigners, who are only visiting Thailand for a relatively short period of time, have faced problems with meeting the bank’s requirements. Most banks ask for a business visa and a work permit, even for the setting up a simple savings account. But a few banks are more flexible than that. For example, foreigners can open a savings account at Bangkok Bank, which is one of the major Thai banks, and apply for additional services such as Debit Card, ATM and Internet Banking, by holding tourist visa only and without holding a work permit.

    At Bangkok Bank, currently the documents that you need to provide are

    1. your passport,
    2. one further official identification document, such as a reference letter from your embassy, your home bank or another person acceptable to the bank.
    3. your address in Thailand as well as your regular address in your home country.

    Please feel free to contact us if you require assistance with handling your banking matters in Thailand.

  9. Bangkok Hotel Occupancy Rates 2013

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    The number of international tourist arrivals to Thailand in 2013 was a record 26,556,397 increasing by 19.8% Y-o-Y (year on year).

    The number of international passengers disembarking at all AOT-managed airports increased by 14.7% Y-o-Y to 23,336,162 in Bangkok and by 25.8% Y-o-Y in  Phuket. The largest feeder market was Chinese with a 17.5% share of total international tourist arrivals to Thailand in 2013. The number of Chinese arrivals grew by 69.1% Y-o-Y.

    Overall in 2013, strong arrival numbers resulted in rising occupancy rates, despite the number of rooms in Bangkok growing by about 10% Y-o-Y. We also saw a fall in the number of new building permits being issued for new hotels.

    We saw that room rates finally started to rise after being flat for five years. The performance of hotels of all grades in Bangkok had improved from last year. The average occupancy rate of hotels of all grades in Bangkok rose to 75% from 70% in 2012. The Average Daily Rate (ADR) was also on the rise at around THB 3,200 which was an increase of 7.0% Y-o-Y.

    Source: CBRE (Thailand)

  10. Diversity of Bangkok Condominium Market

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    According to CBRE Thailand, the Bangkok condominium market is growing in complexity as more products with different market dynamics, sizes and quality emerge. New supply has continued to increase with approximately 7,600 units completed in the downtown and midtown markets this quarter.

     Total midtown and downtown supply is now purportedly approximately 350,000 units where the majority of supply is in the midtown area, and the market for downtown condominiums is now a low volume high-value market with a limited amount of future supply.

     Source: CBRE Thailand