Tag Archive: businesses

  1. 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.

  2. DBD requires all businesses to submit their financial statements via the internet.

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    A new regulation of the Department of Business Development (DBD) “The notification of Department of Business Development Re: Rules and Procedures for financial statement submission, B.E. 2558 (2015)” requires all businesses to submit their financial statements via the internet (E-Filing) instead of paper going forward. Paper submission will, very soon, not be accepted anymore.

    All companies will have to follow the process and set up an online account. The documents required for getting a username and password are as per below:

    – Application form
    – Letter of agreement to submit financial statements via the internet
    – Copy of the authorized directors’ passport or copy of ID card and certified
    – Power of attorney

     

    For more information, please see the link below:
    http://efiling.dbd.go.th/corpmembersignon/

     

     

  3. Thai Businesses Seeing Virtues of Green Buildings

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    According to The Nation (20 May 2013), Thailand is following the global trend of constructing more green buildings, because the business community has started realizing that these offer both long-term energy-savings and increased business value. The newspaper refers to executives close to the industry.

    The number of green buildings is said to continue to rise – to 18 as of May 13 from 15 in 2012, nine in 2011, five in 2010, two in 2009 and one each in 2008 and 2007. All of them hold the LEED (Leadership in Energy and Environmental Design) certification, the world’s recognized standard from the US for measuring building sustainability. There are 70-80 buildings waiting to be processed to get certification from the LEED.

    Thailand’s Rating of Energy and Environmental Sustainability (TREES), founded two years ago, is another rating system specially designed for green buildings within the local context. There are already 15 buildings registered with TREES for the measuring process, and more are expected in the future, forced by heightened environmental concerned the changing city landscape.

    The new City Planning Act may also be a key driver of green buildings. It offers incentives for builders, such as giving them more space for construction.

    The trend follows a worldwide development in favor of green buildings. Said green buildings are purportedly on the plate for investors too. They choose to invest in green buildings rather than non-green due to their long-term value and economic life.

    Source: The Nation

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