US-Thai Treaty of Amity
The US-Thai Treaty of Amity is an important bilateral agreement that has historically provided a framework for economic relations between the United States and Thailand. Formally known as the Treaty of Amity and Economic Relations between the Kingdom of Thailand and the United States of America, the agreement was signed in 1966. It established important […]
Representative Office in Thailand
Establishing a Representative Office in Thailand can provide a foreign company with a practical way to explore the Thai market, conduct research, coordinate with its overseas headquarters, and develop business relationships without establishing a full operating business. A Representative Office is designed for specific non-revenue-generating activities and is subject to restrictions under Thai law. For […]
Register a Thai Limited Company
Registering a Thai limited company is a common way to establish a formal business structure in Thailand. A limited company is a separate legal entity from its shareholders, meaning the company can own assets, incur liabilities, enter contracts, and conduct business in its own name. Shareholders generally have liability limited to the unpaid amount of […]
Thai Work Permit
A Thai Work Permit is a mandatory legal authorization that allows a foreign national to work lawfully in Thailand. Regardless of visa status, engaging in employment or business activities without a valid work permit is a serious offense under Thai law and may result in fines, imprisonment, deportation, and blacklisting. Thailand enforces work authorization strictly […]
Thailand Income Tax
Thailand Income Tax. A practical, detailed explanation of how Thailand taxes individuals and companies, with emphasis on the rules that matter in real-world planning: residency and scope, personal income tax mechanics and brackets, corporate taxation (including recent global-minimum rules), withholding and payroll workflows, the evolving treatment of foreign-sourced income, social-security and employer duties, filing and […]
Mergers and Acquisitions in Thailand
Mergers and Acquisitions in Thailand. Mergers and acquisitions (M&A) play a significant role in Thailand’s evolving corporate landscape. Driven by economic liberalization, foreign investment, and regional integration within ASEAN, M&A transactions offer strategic avenues for market entry, expansion, or restructuring. While opportunities abound, Thailand’s legal and regulatory framework demands careful navigation. This article provides an […]
Foreign Business Act
The Foreign Business Act (FBA) is a cornerstone regulation governing foreign business activities in Thailand. It defines which business activities are open or restricted to foreign entities, establishing a framework that aims to protect local industries while encouraging foreign investment. 1. Overview of the FBA Enacted in 1999, the FBA outlines the rules under which […]
Registering a Company Under the Thailand Board of Investment
Registering a company under the Thailand Board of Investment means that you will be eligible for a wide range of business incentives. These incentives vary depending on the industry that you are in and may include tax exemptions or other benefits. The BOI will focus on making businesses more competitive and innovative while also ensuring […]
Thailand Board of Investment
The Thailand Board of Investment (BOI) stands as a pivotal agency in Thailand’s economic landscape, driving foreign direct investment and spearheading economic growth. Established with a mission to attract and facilitate investments, the BOI plays a crucial role in propelling Thailand’s industrial and technological advancements. This article delves into the significance, functions, incentives, and application […]