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…
Do Foreigners Need a Thai Driving License? Foreigners who reside in Thailand and want to drive a car or motorcycle in Thailand should apply for a Thai driving license. The Thai driving license is essential since the international driving permit is not valid for driving in the country of residence. The purpose of an international…
Under the Foreign Business Act (FBA), the business activities of foreigners in Thailand are restricted. Fortunately, there are various possibilities to obtain official permissions and programs to enhance international business in Thailand. Thailand, as a regional business hub and a leading center of commerce in Southeast Asia, offers a wide range of incentives, especially for…
Holding a permit for permanent residency in Thailand has many benefits. A person with a permanent resident status can live permanently in Thailand without the need for a periodic stay extension. A permanent residence permit is the first step to becoming a naturalized citizen of Thailand. It entitles the non-Thai family members of the permanent…
A court in Hua Hin, Prachuap Khiri Khan Province, has decided that Airbnb is illegal in Thailand, thereby adding to the uncertainty connected with the use of this very popular app. What is Airbnb Airbnb is a US-American company founded in 2008. It operates in the hospitality field and offers an online marketplace for individuals…
We are delighted to have been featured in the well-respected professional blog Thailand Starter Kit (ExpatDen), in their recommended lawyers section. The two guides, FRANK Legal & Tax, are featured to highlight how to select a first-class lawyer in both Bangkok and Phuket. The Thailand Starter Kit was created with the intention to share know-how…
The Wage Adjustment in 2018 The wages council agreed to set a new minimum wage, which came into effect from April 1, 2018. The wage adjustment in 2018 is divided into 7 levels as follows; Mr. Chakkarin, Permanent Secretary of the Ministry of Labour, also made three additional proposals as follows; These proposals…
In the context of foreclosure, a creditor can use various methods to enforce his entitlements. When deciding on one of the foreclosure measures, the specifics of the case should be carefully considered to be most effective. Please see below an overview of the available methods of foreclosure: 1. Principles of foreclosure The basic conditions for…
Many foreign property owners are not aware of the so-called House and Land Tax (“HLT”). Properties that are subject to HLT include: • Industrial or commercial buildings • Houses or structures that are similar to houses • The land on which industrial or commercial buildings or houses or structures similar to houses are situated. The…
This initiative is based on an MOU to establish the Strategic Talent Center (“STC”) as a platform that engages with the private sector. STC is the mechanism that assesses foreign experts in digital technology and sciences who wish to live and work in Thailand. The applicant must be employed by a Thai employer such as…
The 10-year visa for foreign retirees is now available. This comes after last year’s cabinet resolution, which agreed to permit this type of visa. The official announcement of the Ministry of Interior dated 26 May 2017 came into full force on 26 July 2017. Applications for 10-year visas are already being accepted. Foreigners can apply at…
Before Thailand jumped into the 4.0 era, there was Thailand 1.0 which was based on the agriculture sector, Thailand 2.0 focused on light industry and then came the heavy industry of Thailand 3.0 which caught the nation in a medium income trap, with growing income inequality and imbalanced development. Now, the government is planning a…
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