Under the Foreign Business Act (“FBA”), foreigners are legally restricted in doing certain businesses in Thailand as prescribed in the lists Annexed to the FBA. Fortunately, there are various possibilities to obtain official permissions. And there are also government schemes available which provide for tax exemptions and tax reductions. Until now the Thai government authorities…
Overcharging tenants for electricity and water was a common practice among landlords in Thailand. Weak regulations laid the foundation for the collection of exaggerated deposits and punitive methods of landlords if tenants did not pay their rent. The Contract Committee of the Consumer Protection Board aims to end such practices with “the Regulation of Residential…
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…
The former process of business registration was considered as complex and unclear. The new regulation enhances the system and brings benefits to the applicant. It helps to save costs and strengthen the competitiveness. The additional possibility of e-Registration provides savings up to 30%, it saves time and is an easy method to register the new…
1. Requirements for Business Visa Business visas (“non-immigrant-B-visas”) are issued by Thai embassies and consulates abroad. They can be issued for a 90 days period or for one year. a) Non-B visa 90 days (from Thai embassy abroad) For a 90 days non-B-visa, some embassies/consulates (particularly in the neighboring countries may require the presentation…
For business trips to or short term employment of foreigners in Thailand, this article summarizes the available options regarding the necessary visa and work permits: 1. Business Visa Foreigners who wish to work, conduct business or undertake investment activities in Thailand must apply for a Non-Immigrant Visa at the Royal Thai Embassies or Royal…
We are proud to announce that FRANK Legal & Tax Ltd. is now a member of the International Business Association Phuket (IBAP). Our lawyers have been working with IBAP and attending their monthly events for many years, and we are happy to now be member again with the new outfit FRANK Legal & Tax.
A comparison of requirements and procedures for the establishment of limited liability companies in ASEAN countries. Article in Bangkok Post, 1 Nov 2010
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