FRANK Legal & Tax Blog Continues to Grow in Popularity
The FRANK Legal & Tax blog is one of the largest legal blogs in Thailand, providing readers with useful and up-to-date information about the Thai legal system.
-
-
Reduction of Land Office Registration Fees in 2023
Thailand’s cabinet approved tax measures that will benefit property purchases in 2023. Land and property tax were reduced, along with some registration fees being cut.
-
Short-term rental businesses via online platforms in Thailand
As part of the steady economic recovery from the COVID-19 crisis, Thailand is gradually attracting tourists back into the country. Due to the increased number of visitors, short-term rentals through platforms such as Airbnb, including daily rentals, are in high demand
-
Buying a House in Thailand – Handover Checklist
When the owner of residential property changes, the last step after the visit to the land office and the receipt of the money is crucial: the handover of the keys; after this, the previous owner moves out, and the buyer moves in. At this point, all documents are handed over, a joint tour of the house is made, and meter readings and defects are noted. It makes sense to draw up a protocol for the handover of possession so that the sale of the house does not have any repercussions. We have summarized what you should pay attention to in the house handover protocol.
-
Applying for Thailand’s Long-Term Resident Visa (LTR): Requirements and Qualifications
The Thai government recently announced that they are making some changes to the Long-Term Resident Visa (“LTR”) requirements intending to attract more foreign residents to come to Thailand. Kindly note that although the Thai cabinet and the Board of Investment (BOI) approve of this new LTR visa, there still has not been any official announcement…
-
Thailand Launches New Flexible Plus Program to Attract Wealthy Foreigners
the Thailand Privilege Card’s new “Flexible Plus Program”
This program gives high-income foreigners a work visa and other benefits to stay and invest in Thailand. -
Thai Government Regulations for Rental Business
Due to the increasing popularity of condominiums and apartments in the city, which comes with several issues related to rental and utility bills; as a result, the Contract Committee of the Consumer Protection Board has issued a new notification, the Stipulation of Residential Property Leasing as a Contract-Controlled Business B.E. 2562 (2019) (the “Notification”), published…
-
FRANK Legal & Tax listed on Lexology
We are pleased to share that we are now listed on Lexology, one of the leading sites for international legal updates, analysis, and insights. At FRANK Legal & Tax, we strive to ensure that you can connect with us through various quality legal channels. Explore our hub here: https://www.lexology.com/contributors/frank-legal-and-tax If you have any questions about…
-
Changing a Last Will with a Codicil
A codicil, or addendum, is a legal document that changes certain provisions of a will but leaves all other provisions unchanged. You can change, update or even revoke your will completely at any time as long as you are mentally competent. In this article we will look at some scenarios based on our experience of…
-
DBD Certification: Verification System and Trustmarks
In this article we discuss the different types of verification marks of the Department of Business Development (“DBD”). It will look at the requirements for each verification mark and the purpose of the verification system based on our experience. In line with current economic trends, e-commerce has become an important part of our lives, yet…
-
The “Khai Fah”– Updates Regarding the Sale with Right of Redemption in Thailand
Thai law provides a means of real security and an alternative to the mortgage, the so-called Sale with Right of Redemption (Thai: “Khai Fah”). It is governed by Sections 491 ff. of the Thai Civil and Commercial Code (“CCC”), and it involves a conditional transfer of ownership that can be redeemed under certain circumstances. Recently,…
-
Taxation For Foreign Investors
In this article, we provide a high-level overview of the taxes that could apply to foreign investors in Thailand based on our research. The Thailand Revenue Code is the main body of law that codifies procedures regarding tax assessment and the collection of the various taxes in Thailand. Taxes are mostly collected under a self-assessment…
End of content
End of content
