Belaws Home ›› Thailand ›› Blog
Welcome to Belaws Blog
All Legal, Corporate and Accounting
News in Thailand
Double Tax Agreements in Thailand
30/01/2023
Double tax is a potential issue for expats and foreign businesses operating in Thailand or abroad.
Double tax is a potential issue for expats and foreign businesses operating in Thailand or abroad.
Dormant companies in Thailand
26/01/2023
Dormant companies in Thailand are a company that has been registered and legally incorporated but is not currently conducting any business activities.
Dormant companies in Thailand are a company that has been registered and legally incorporated but is not currently conducting any business activities.
Retail Goldmine: Discover the Ins and Outs of Opening a Shop in Thailand and Reaping the Rewards
23/01/2023
Opening a shop or starting a retail business in Thailand can involve various legal and regulatory considerations.
Opening a shop or starting a retail business in Thailand can involve various legal and regulatory considerations.
New regulations for digital platforms in Thailand
13/01/2023
Thailand recently approved a Royal Decree relating to digital platforms.
Thailand recently approved a Royal Decree relating to digital platforms.
Non-immigrant B visa (90 days) in Thailand
12/01/2023
The 90-day non-immigrant B visa is required for foreigners who wish to enter Thailand to undertake employment.
The 90-day non-immigrant B visa is required for foreigners who wish to enter Thailand to undertake employment.
New 5-year investment strategy from the BOI
09/01/2023
Thailand’s Board of Investment (BOI) has begun its new investment strategy for the next five years (2023–2027).
Thailand’s Board of Investment (BOI) has begun its new investment strategy for the next five years (2023–2027).
Personal Income Tax for Thai and foreign-sourced income
21/12/2022
Residents of Thailand are taxed on both Thai and foreign-sourced income, whereas, non-residents are only taxed on Thai-sourced income.
Residents of Thailand are taxed on both Thai and foreign-sourced income, whereas, non-residents are only taxed on Thai-sourced income.
What are the rights and protections of minority shareholders in Thailand
20/12/2022
Minority shareholders may suffer from a lack of protection for their interests.
Minority shareholders may suffer from a lack of protection for their interests.
Work permits in Thailand
19/12/2022
Work permits are an essential document for any foreigner working or who intends to work in Thailand.
Work permits are an essential document for any foreigner working or who intends to work in Thailand.
Overstaying your visa in Thailand
16/12/2022
Overstaying your visa in Thailand may happen for several reasons, for example, miscalculating the length of their authorized stay or simply forgetting the visa expiration date.
Overstaying your visa in Thailand may happen for several reasons, for example, miscalculating the length of their authorized stay or simply forgetting the visa expiration date.
Types of shareholder meetings for a company in Thailand
13/12/2022
Shareholder meetings in Thailand are used as a way to address the company’s performance or any issues to be approved.
Shareholder meetings in Thailand are used as a way to address the company’s performance or any issues to be approved.
What are the fees and taxes for selling a condo in Thailand?
08/12/2022
In this article, we will take a look at the fees and taxes for selling a condo in Thailand.
In this article, we will take a look at the fees and taxes for selling a condo in Thailand.
Choosing a name for your company in Thailand
07/12/2022
Choosing a name for your company is a significant step for a new business. It is also one of the first steps to be completed when incorporating a company in Thailand.
Choosing a name for your company is a significant step for a new business. It is also one of the first steps to be completed when incorporating a company in Thailand.
Opening a bank account for your company in Thailand
06/12/2022
Upon the completion of incorporating your company in Thailand, opening a corporate bank account is essential.
Upon the completion of incorporating your company in Thailand, opening a corporate bank account is essential.
What are the Articles of Association for companies in Thailand
30/11/2022
Articles of Association are an essential aspect of company incorporation as they determine how a company will operate and undertake specific procedures.
Articles of Association are an essential aspect of company incorporation as they determine how a company will operate and undertake specific procedures.
What is the cost of registering a company in Thailand in 2023
29/11/2022
This article explores the cost of registering a company in Thailand in 2023
This article explores the cost of registering a company in Thailand in 2023
The rights of shareholders in Thai limited companies
25/11/2022
In this article, we will explore the rights of shareholders in a Thai limited company.
In this article, we will explore the rights of shareholders in a Thai limited company.
New changes to the sale and use of cannabis in Thailand
24/11/2022
A new set of changes to the rules on the sale and use of cannabis in Thailand were announced on the 11th of November 2022.
A new set of changes to the rules on the sale and use of cannabis in Thailand were announced on the 11th of November 2022.
Thailand new investment opportunities approved by BOI
23/11/2022
Thailand’s Board of Investment (BOI) has approved new investment opportunities.
Thailand’s Board of Investment (BOI) has approved new investment opportunities.
Challenges to starting a business in Thailand and how to overcome them
21/11/2022
In this article, we will explore some of the more common challenges to starting a business in Thailand.
In this article, we will explore some of the more common challenges to starting a business in Thailand.
Amendments to the Civil and Commercial Code: new rules for companies in Thailand
15/11/2022
On the 14th of September, Thailand’s Parliament approved the draft Act Amending the Civil and Commercial Code (the CCC).
On the 14th of September, Thailand’s Parliament approved the draft Act Amending the Civil and Commercial Code (the CCC).
Tax in Thailand: common mistakes and possible penalties
14/11/2022
Tax in Thailand can be complicated and can easily cause confusion among people who are not familiar with them.
Tax in Thailand can be complicated and can easily cause confusion among people who are not familiar with them.
Everything you need to know about terminating an employee in Thailand
11/11/2022
In this article, we take a look at the process for terminating an employee in Thailand and what payments an employee could be expected to make.
In this article, we take a look at the process for terminating an employee in Thailand and what payments an employee could be expected to make.
Work permit for a foreign employee, no Thai staff required 2022
09/11/2022
A common question our experts are asked is, “how I can get a work permit in for a foreign employee, without having to hire Thai employees?”
A common question our experts are asked is, “how I can get a work permit in for a foreign employee, without having to hire Thai employees?”
The ultimate guide for a company director in Thailand in 2023
08/11/2022
This article will serve as an introduction to the role and duties of a company director in Thailand.
This article will serve as an introduction to the role and duties of a company director in Thailand.
Thailand to prepare new regulations for Digital Platforms
07/11/2022
The draft Royal Decree on Digital Platforms has been updated and will contain new regulations for Digital Platforms.
The draft Royal Decree on Digital Platforms has been updated and will contain new regulations for Digital Platforms.
Thailand to adopt a new 5 year investment promotion strategy
04/11/2022
Thailand’s Board of Investment (BOI) has approved a new 5 year investment promotion strategy.
Thailand’s Board of Investment (BOI) has approved a new 5 year investment promotion strategy.
2022 Tax filing deadlines for Thailand
03/11/2022
Running a business in Thailand is subject to many tax filing deadlines, failure to meet these deadlines could result in penalties and surcharges being imposed on the company.
Running a business in Thailand is subject to many tax filing deadlines, failure to meet these deadlines could result in penalties and surcharges being imposed on the company.
Thailand to allow foreigners to own land
02/11/2022
Thailand's cabinet approved in principle a draft Ministerial Regulation which would permit certain groups of foreign nationals to acquire land for residential use in Thailand.
Thailand's cabinet approved in principle a draft Ministerial Regulation which would permit certain groups of foreign nationals to acquire land for residential use in Thailand.
FAQs for Cannabis businesses in Thailand
01/11/2022
In this article, we take a look at some of the most common FAQs we receive relating to Cannabis businesses in Thailand.
In this article, we take a look at some of the most common FAQs we receive relating to Cannabis businesses in Thailand.
How do I get an import/export license in Thailand?
31/10/2022
While import/export businesses are a very desirable business, such companies will require certain business licences in order to legally operate in Thailand.
While import/export businesses are a very desirable business, such companies will require certain business licences in order to legally operate in Thailand.
How do I get an e-commerce licence in Thailand?
28/10/2022
A business in Thailand operating one or more websites for the sale of their goods or services must apply for an e-commerce license.
A business in Thailand operating one or more websites for the sale of their goods or services must apply for an e-commerce license.
New Social Security Fund Contributions Rates
27/10/2022
A new Ministerial Regulation has been issued designed to increase the rates of Social Security Fund Contributions.
A new Ministerial Regulation has been issued designed to increase the rates of Social Security Fund Contributions.
Transferring shares for a Thai Limited Company
25/10/2022
In this article we will take a look at the process for transferring shares in a Thai Limited Company.
In this article we will take a look at the process for transferring shares in a Thai Limited Company.
BOI to offer Smart City promotion incentives in Thailand
20/10/2022
In this article we will take a look at the incentives available for foreign companies who operate within a Smart City.
In this article we will take a look at the incentives available for foreign companies who operate within a Smart City.
Can foreigners buy property in Thailand?
18/10/2022
Many people dream about owning a Villa as a foreigner in Thailand, but is it possible?
Many people dream about owning a Villa as a foreigner in Thailand, but is it possible?
Draft SEC regulation prohibits digital asset operators from offering depositing and lending services
12/10/2022
A new draft SEC regulation designed to restrict digital asset exchanges from being used as a way for clients to gain benefits through depositing and lending services.
A new draft SEC regulation designed to restrict digital asset exchanges from being used as a way for clients to gain benefits through depositing and lending services.
Thailand announces public hearing for cross-border transfer of Personal Data measures
11/10/2022
Thailand’s Personal Data Protection Committee (PDPC) has opened a public hearing period relating to its draft notification regarding cross-border transfer of personal data.
Thailand’s Personal Data Protection Committee (PDPC) has opened a public hearing period relating to its draft notification regarding cross-border transfer of personal data.
How to buy a business in Thailand
10/10/2022
How to buy a business: While starting a new business is often the first choice for entrepreneurs, buying an existing company is one possible alternative.
How to buy a business: While starting a new business is often the first choice for entrepreneurs, buying an existing company is one possible alternative.
Business licences in Thailand
07/10/2022
In this article we will take a look at business licences and who may need them for their company in Thailand.
In this article we will take a look at business licences and who may need them for their company in Thailand.
VAT in Thailand
06/10/2022
Any person or company that supplies goods or provides services with an annual turnover exceeding THB 1.8 million is subject to VAT in Thailand.
Any person or company that supplies goods or provides services with an annual turnover exceeding THB 1.8 million is subject to VAT in Thailand.
Thailand raises minimum wage rates
05/10/2022
This notification introduces new minimum wage rates for workers in Thailand.
This notification introduces new minimum wage rates for workers in Thailand.
Thais and Foreigners Marrying Abroad
03/10/2022
Marrying a Thai national abroad is a perfectly valid way to get married, but to ensure this is legally recognised it is necessary to follow the rules and regulations relevant to the country you are marrying in.
Marrying a Thai national abroad is a perfectly valid way to get married, but to ensure this is legally recognised it is necessary to follow the rules and regulations relevant to the country you are marrying in.
Franchise Business in Thailand
30/09/2022
Franchises in Thailand are a popular form of business, with it being estimated that there are over 400 franchises and over 12,000 franchisees within the country.
Franchises in Thailand are a popular form of business, with it being estimated that there are over 400 franchises and over 12,000 franchisees within the country.
The Metaverse and Web 3.0 update – September 29th
29/09/2022
The metaverse and web 3.0 has once again Web 3.0 announced some hugely exciting news over the past 2 weeks.
The metaverse and web 3.0 has once again Web 3.0 announced some hugely exciting news over the past 2 weeks.
Thailand releases new guidelines for consent and notification requirements under the PDPA
26/09/2022
On September 7th, Thailand’s Personal Data Protection Committee (PDPC) released a new set of guidelines for consent and notification requirements under the PDPA
On September 7th, Thailand’s Personal Data Protection Committee (PDPC) released a new set of guidelines for consent and notification requirements under the PDPA
Thailand narcotics act”New legal framework for Kratom in Thailand
21/09/2022
On August 27, 2022, Thailand published the Kratom Plant Act which introduced a new legal framework for Kratom in Thailand.
On August 27, 2022, Thailand published the Kratom Plant Act which introduced a new legal framework for Kratom in Thailand.
The procedure for making Personal Data Protection Act complaint
20/09/2022
The Personal Data Protection Committee (PDPC) recently established the procedures for filing and processing data subjects’ Personal Data Protection Act complaint.
The Personal Data Protection Committee (PDPC) recently established the procedures for filing and processing data subjects’ Personal Data Protection Act complaint.
Everything you need to know about opening a restaurant in Thailand
15/09/2022
Opening a restaurant in Thailand is harder than it seems. The Foreign Business Act restricts this activity for foreigners, meaning 100% foreign ownership is not possible.
Opening a restaurant in Thailand is harder than it seems. The Foreign Business Act restricts this activity for foreigners, meaning 100% foreign ownership is not possible.
Everything you need to know about purchasing a condo in Thailand
14/09/2022
In this article, we will take a look at some of the key areas of consideration when purchasing a condo in Thailand.
In this article, we will take a look at some of the key areas of consideration when purchasing a condo in Thailand.
Thailand issues new customs rules for the seizure of counterfeit goods
12/09/2022
The Thai Customs Department has issued a notification that sets out changes to the customs recordation system and the procedures for the seizure of counterfeit goods.
The Thai Customs Department has issued a notification that sets out changes to the customs recordation system and the procedures for the seizure of counterfeit goods.
The Metaverse and Web 3.0 update – September 6th
06/09/2022
The metaverse and web 3.0 has once again Web 3.0 announced some hugely exciting news over the past 2 weeks.
The metaverse and web 3.0 has once again Web 3.0 announced some hugely exciting news over the past 2 weeks.
SEC issues new digital asset advertisement regulations
05/09/2022
Thailand's Securities and Exchange Commission (SEC) has introduced a new set of rules on advertising digital assets in Thailand.
Thailand's Securities and Exchange Commission (SEC) has introduced a new set of rules on advertising digital assets in Thailand.
Income tax exemptions on offer for investment in target companies
01/09/2022
Income Tax exemptions have been made available to those who invest in targeted industries and companies.
Income Tax exemptions have been made available to those who invest in targeted industries and companies.
Frequently asked questions about Sponsored Work Permits
31/08/2022
In this post we will take a look at some of the most commonly asked questions relating to the sponsored work permits.
In this post we will take a look at some of the most commonly asked questions relating to the sponsored work permits.
Thailand’s LTR visa – a comparison
30/08/2022
The long-term resident visa in Thailand, also known as LTR visa, will soon be available for application. This brand new visa is due to be released in September 2022.
The long-term resident visa in Thailand, also known as LTR visa, will soon be available for application. This brand new visa is due to be released in September 2022.
How to change a company director in Thailand
29/08/2022
The addition or removal of a company director may become necessary as your business evolves. If you need to change or remove a director from your Thai Limited Company, you must follow a set procedure.
The addition or removal of a company director may become necessary as your business evolves. If you need to change or remove a director from your Thai Limited Company, you must follow a set procedure.
Thailand is considering a new Labor law for Work-from-Home arrangements
23/08/2022
The Thai parliament has recently passed the first reading of the so-called Work-from-home Bill, which seeks to amend the country’s Labour Protection Act (LPA).
The Thai parliament has recently passed the first reading of the so-called Work-from-home Bill, which seeks to amend the country’s Labour Protection Act (LPA).
The Metaverse and Web 3.0 update – August 17th
17/08/2022
The metaverse and web 3.0 has once again Web 3.0 announced some hugely exciting news over the past 2 weeks.
The metaverse and web 3.0 has once again Web 3.0 announced some hugely exciting news over the past 2 weeks.
New notice and takedown procedures for the Computer Crimes Act being considered
16/08/2022
This Draft Amendment is to improve efficiency and reduce time for implementing new notice and takedown procedures of illegal computer data.
This Draft Amendment is to improve efficiency and reduce time for implementing new notice and takedown procedures of illegal computer data.
Thailand Approves Draft PDPA Exemptions
15/08/2022
In July 2022, the Thai cabinet approved in principle a Royal Decree which set out some PDPA exemptions.
In July 2022, the Thai cabinet approved in principle a Royal Decree which set out some PDPA exemptions.
Bank of Thailand plans to hold a Central Bank Digital Currency Pilot Test
11/08/2022
The Bank of Thailand (BOT) is planning to take the next step in its development of a retail central bank digital currency (CBDC) by holding a pilot phase to test its feasibility.
The Bank of Thailand (BOT) is planning to take the next step in its development of a retail central bank digital currency (CBDC) by holding a pilot phase to test its feasibility.
Thailand plans to raise the minimum wage by 5-8%
10/08/2022
Thailand plans to raise minimum wage by 5-8%
Thailand plans to raise minimum wage by 5-8%
Thailand considering legalising Casinos
08/08/2022
A report and blueprint has been submitted to the Thai Parliament, asking them to consider issuing a decree allowing Casinos in Thailand.
A report and blueprint has been submitted to the Thai Parliament, asking them to consider issuing a decree allowing Casinos in Thailand.
Exploring the 4 new PDPA sub-regulations
02/08/2022
Following the Personal Data Protection Act B.E. 2562 (2019) (“PDPA”) coming into full effect on 1 June 2022, four sub-regulations were introduced by the Personal Data Protection Committee (PDPC).
Following the Personal Data Protection Act B.E. 2562 (2019) (“PDPA”) coming into full effect on 1 June 2022, four sub-regulations were introduced by the Personal Data Protection Committee (PDPC).
The Metaverse Web 3.0 update – August 1st
01/08/2022
From Post Malone and Tony Hawk announcing virtual experiences to Reddit and Nike announcing Digital Asset platforms, it's been another exciting couple of weeks for Web 3.0.
From Post Malone and Tony Hawk announcing virtual experiences to Reddit and Nike announcing Digital Asset platforms, it's been another exciting couple of weeks for Web 3.0.
Thailand’s SEC opens public hearing relating to ICO portal regulations
22/07/2022
On June 23, 2022, Thailand’s Securities and Exchange Commission (SEC) began a public hearing period which will focus on regulatory controls for initial coin offering ICO portals.
On June 23, 2022, Thailand’s Securities and Exchange Commission (SEC) began a public hearing period which will focus on regulatory controls for initial coin offering ICO portals.
Thailand’s SEC announces plans to regulate Ready-to-Use Utility Tokens
21/07/2022
Thailand's Securities and Exchange Commission (SEC) announced its intention to start regulating ‘ready-to-use’ utility tokens.
Thailand's Securities and Exchange Commission (SEC) announced its intention to start regulating ‘ready-to-use’ utility tokens.
A new regulation for digital platforms approved by the cabinet
20/07/2022
On 24 May 2022, the Cabinet approved a new regulation which aims to strengthen the existing regulations relating to digital platforms.
On 24 May 2022, the Cabinet approved a new regulation which aims to strengthen the existing regulations relating to digital platforms.
What are the benefits of the LTR Visa?
19/07/2022
Holders of an LTR visa will be eligible for many attractive benefits. These benefits have been designed to make living in Thailand long term easier and less bureaucratic.
Holders of an LTR visa will be eligible for many attractive benefits. These benefits have been designed to make living in Thailand long term easier and less bureaucratic.
Thailand considering allowing foreigners to own land
18/07/2022
A proposal is being drafted by the Thai Interior Ministry which would allow foreigners to purchase and own land in Thailand.
A proposal is being drafted by the Thai Interior Ministry which would allow foreigners to purchase and own land in Thailand.
E-certificate for Patent and Designs is now available
14/07/2022
Thailand's Department of Intellectual Property of Thailand (“DIP”) has announced the introduction of QR Codes and Reference Numbers being added to patent certificates.
Thailand's Department of Intellectual Property of Thailand (“DIP”) has announced the introduction of QR Codes and Reference Numbers being added to patent certificates.
Airbnb and the Tourism Authority of Thailand work together to promote remote work
13/07/2022
Airbnb recently announced a new initiative called "Live and Work Anywhere" which included Thailand as a destination.
Airbnb recently announced a new initiative called "Live and Work Anywhere" which included Thailand as a destination.
The Metaverse Web 3.0 update – July 11
11/07/2022
HTC announcing they’ve developed their own metaverse focused mobile phone, to Kevin Hart announcing a Web 3 experience, Web 3.0 is once again making waves in the online world.
HTC announcing they’ve developed their own metaverse focused mobile phone, to Kevin Hart announcing a Web 3 experience, Web 3.0 is once again making waves in the online world.
Purchasing property in Thailand and the fees and taxes involved
08/07/2022
When looking to purchase property in Thailand, it is important to consider the additional costs, such as fees and taxes, you are likely to encounter on top of the sale price.
When looking to purchase property in Thailand, it is important to consider the additional costs, such as fees and taxes, you are likely to encounter on top of the sale price.
Everything you need to know about starting a Cannabis business
07/07/2022
On June 9th, 2022, Thailand became the first Asian country to legalise cannabis, making starting a cannabis business an attractive proposition.
On June 9th, 2022, Thailand became the first Asian country to legalise cannabis, making starting a cannabis business an attractive proposition.
BOI offers incentives to companies promoting sustainability
05/07/2022
Thailand's Board of Investment are now offering promotions to companies who promote sustainability through their activities.
Thailand's Board of Investment are now offering promotions to companies who promote sustainability through their activities.
Electronic signatures in Thailand
04/07/2022
Electronic signatures have begun to become more and more popular as the method for signing documents.
Electronic signatures have begun to become more and more popular as the method for signing documents.
Thailand to work with the OECD to tackle international tax avoidance
30/06/2022
As part of their responsibilities as a signatory the OECDs project to tackle international tax avoidance, Thailand has ratified the MLI.
As part of their responsibilities as a signatory the OECDs project to tackle international tax avoidance, Thailand has ratified the MLI.
Decreased Tax Rates for Foreign Professionals
29/06/2022
In May 2022, the Royal Decree No. 743 B.E. 2565 (2022) issued under the Revenue Code announced decreased tax rates for foreign professionals.
In May 2022, the Royal Decree No. 743 B.E. 2565 (2022) issued under the Revenue Code announced decreased tax rates for foreign professionals.
4 new updates to the PDPA announced
28/06/2022
On 21 June 2022, the Data Protection Committee published four new updates to the PDPA.
On 21 June 2022, the Data Protection Committee published four new updates to the PDPA.
The Metaverse Web 3.0 update – June 27
27/06/2022
The Metaverse and Web 3.0 has continued to make headlines with some exciting developments having been announced recently.
The Metaverse and Web 3.0 has continued to make headlines with some exciting developments having been announced recently.
What are the penalties for breaching the PDPA?
24/06/2022
Failure to comply with the PDPA could result in civil, criminal, and/or administrative penalties handed to the offending party.
Failure to comply with the PDPA could result in civil, criminal, and/or administrative penalties handed to the offending party.
Understanding BOI Company Formation
23/06/2022
Understanding BOI company formation is important as companies who have been approved for a BOI promotion are eligible for special incentives.
Understanding BOI company formation is important as companies who have been approved for a BOI promotion are eligible for special incentives.
Amendment to the Public Limited Companies Act comes into force
22/06/2022
An amendment to the Public Limited Companies Act (No. 4) B.E. 2565 (2022) has been approved by the Government.
An amendment to the Public Limited Companies Act (No. 4) B.E. 2565 (2022) has been approved by the Government.
BOI approves new investment schemes in Thailand
21/06/2022
BOI Thailand approves new investment schemes and incentives worth 209.5 billion baht (US 6.2 billion).
BOI Thailand approves new investment schemes and incentives worth 209.5 billion baht (US 6.2 billion).
Long Term Resident Visa available from September 2022
20/06/2022
Thailand has formally launched a new visa, known as a Long Term Resident Visa, which is due to begin in September 2022.
Thailand has formally launched a new visa, known as a Long Term Resident Visa, which is due to begin in September 2022.
Sponsored Work Permit in Thailand
15/06/2022
Sponsored Work Permits in Thailand provide employee management services and administrative assistance.
Sponsored Work Permits in Thailand provide employee management services and administrative assistance.
VAT exemption for cryptocurrency and digital token trading in Thailand
14/06/2022
The VAT exemption for cryptocurrency and digital token trading in Thailand is now in force.
The VAT exemption for cryptocurrency and digital token trading in Thailand is now in force.
Web 3.0 update – June 2022
13/06/2022
Web 3.0 has continued to make headlines with some exciting developments having been announced recently.
Web 3.0 has continued to make headlines with some exciting developments having been announced recently.
Requirements for entering Thailand in June 2022
02/06/2022
Thailand has approved a set of changes to make it easier for foreign travellers to enter Thailand.
Thailand has approved a set of changes to make it easier for foreign travellers to enter Thailand.
Understanding the Foreign Business Act in Thailand
31/05/2022
The Foreign Business Act (FBA) was introduced as a way to govern business activities involving foreign nationals and entities.
The Foreign Business Act (FBA) was introduced as a way to govern business activities involving foreign nationals and entities.
Accounting for a BOI company – 5 things you should know
11/05/2022
The most popular choice for business structure in Thailand is a Limited Company, but Representative and Branch Offices provide an interesting alternative.
The most popular choice for business structure in Thailand is a Limited Company, but Representative and Branch Offices provide an interesting alternative.
Representative Office Vs Branch Office in Thailand
11/05/2022
The most popular choice for business structure in Thailand is a Limited Company, but Representative and Branch Offices provide an interesting alternative.
The most popular choice for business structure in Thailand is a Limited Company, but Representative and Branch Offices provide an interesting alternative.
The Treaty of Amity in Thailand
09/05/2022
The Treaty of Amity aims to provide significant advantages for US investors and companies to enter the market in Thailand.
The Treaty of Amity aims to provide significant advantages for US investors and companies to enter the market in Thailand.
The status of Marijuana in Thailand, 2022
05/05/2022
On January 25th, 2022, Thailand became the first country in South-East Asia to decriminalise Marijuana.
On January 25th, 2022, Thailand became the first country in South-East Asia to decriminalise Marijuana.
Enhanced investment incentives for Electric Vehicle production
27/04/2022
Thailand’s Board of Investment (BOI) has recently announced their decision to enhance the existing investment incentives available for the production of Electric Vehicles.
Thailand’s Board of Investment (BOI) has recently announced their decision to enhance the existing investment incentives available for the production of Electric Vehicles.
How to obtain financing for your business in Thailand
26/04/2022
The Thai cabinet recently announced the approval of the draft Royal Decree regarding income tax exemption for investment in startups in Thailand.
The Thai cabinet recently announced the approval of the draft Royal Decree regarding income tax exemption for investment in startups in Thailand.
5 reasons why Thailand is a great place to start a company
21/04/2022
Thailand is fast rising on the list of the best business hubs to relocate to or start a company.
Thailand is fast rising on the list of the best business hubs to relocate to or start a company.
Are you PDPA compliant?
18/04/2022
The date for Thailand's Personal Data Protection Act or PDPA coming into full effect has been set for June 1st 2022.
The date for Thailand's Personal Data Protection Act or PDPA coming into full effect has been set for June 1st 2022.
Why should entrepreneurs set up a holding company in Singapore?
12/04/2022
International companies and entrepreneurs alike choose Singapore to register their regional headquarters or holding company.
International companies and entrepreneurs alike choose Singapore to register their regional headquarters or holding company.
Web 3.0 update – April 2022
07/04/2022
Web 3.0 has continued to make headlines with some exciting developments having been announced recently.
Web 3.0 has continued to make headlines with some exciting developments having been announced recently.
Can foreigners own land in Thailand?
01/04/2022
Foreigners can own condominiums (as long as 51% of the total units are Thai owned), but cannot own land.
Foreigners can own condominiums (as long as 51% of the total units are Thai owned), but cannot own land.
2022 Cryptocurrency Taxation guidelines in Thailand
31/03/2022
Thailand's Revenue Department has published the official guidelines for personal income tax on cryptocurrency and digital assets.
Thailand's Revenue Department has published the official guidelines for personal income tax on cryptocurrency and digital assets.
Updated entry requirements for entering Thailand
29/03/2022
Thailand has approved a set of changes to make it easier for foreign travellers to enter Thailand.
Thailand has approved a set of changes to make it easier for foreign travellers to enter Thailand.
What happens if I die in Thailand?
25/03/2022
It’s a sad fact that at times people get sick or accidents happen that result in them passing away.
It’s a sad fact that at times people get sick or accidents happen that result in them passing away.
Web 3.0 update
18/03/2022
Over the past 2 weeks big names such as HSBC, Paris Hilton, Rihanna and American Express have made announcements relating to Web 3.0.
Over the past 2 weeks big names such as HSBC, Paris Hilton, Rihanna and American Express have made announcements relating to Web 3.0.
Relocate your company from Hong Kong to Thailand
15/03/2022
Hong Kong is no longer the attractive hub it used to be for expats and young foreigners looking to tap into the growing Asian economies and lifestyles.
Hong Kong is no longer the attractive hub it used to be for expats and young foreigners looking to tap into the growing Asian economies and lifestyles.
This week in Web 3.0: March 2022
08/03/2022
Web 3.0 is continuing its takeover of 2022, with some big name brands having already announced their plans to take part in the Web3.0 revolution.
Web 3.0 is continuing its takeover of 2022, with some big name brands having already announced their plans to take part in the Web3.0 revolution.
Thailand’s SEC announces a public hearing for Digital Asset Advertising
03/03/2022
On February 14, 2022, Thailand’s Securities and Exchange Commission (SEC) announced that they will be holding a public hearing relating to the proposed advertising regulations for digital asset businesses.
On February 14, 2022, Thailand’s Securities and Exchange Commission (SEC) announced that they will be holding a public hearing relating to the proposed advertising regulations for digital asset businesses.
New opportunities for long term living in Thailand
25/02/2022
Thailand has long been an attractive destination for expats and travellers alike. The availability and ease of access to beautiful beaches and scenic mountains means Thailand has something for everyone.
Thailand has long been an attractive destination for expats and travellers alike. The availability and ease of access to beautiful beaches and scenic mountains means Thailand has something for everyone.
How do I get married in Thailand?
23/02/2022
Registering a marriage in Thailand is a relatively straightforward process on paper, but in practice, it is important to be aware of requirements set out in the Civil and Commercial Code of Thailand.
Registering a marriage in Thailand is a relatively straightforward process on paper, but in practice, it is important to be aware of requirements set out in the Civil and Commercial Code of Thailand.
This week in Web 3.0: February 2022
18/02/2022
Web 3.0 is a term that is seemingly everywhere in 2022, but what is Web 3.0? Web 3.0 represents the next phase or development in the evolution of the web/internet.
Web 3.0 is a term that is seemingly everywhere in 2022, but what is Web 3.0? Web 3.0 represents the next phase or development in the evolution of the web/internet.
NFTs/digital content & the Metaverse: What are the legal issues that we should be aware of?
14/02/2022
Last year saw the rapid expansion of Web 3.0 and the Metaverse. This growth is expected to continue in 2022.
Last year saw the rapid expansion of Web 3.0 and the Metaverse. This growth is expected to continue in 2022.
Who is responsible for a DAO?: exploring the legal personality of a DAO
11/02/2022
A Decentralised Autonomous Organisation (DAO), is a community-led entity which has central authority in place.
A Decentralised Autonomous Organisation (DAO), is a community-led entity which has central authority in place.
Can companies run without a CEO? : How DAOs are redefining business organizations in 2022.
09/02/2022
Decentralized autonomous organizations (DAOs) are the up and coming thing on the blockchain and Web 3.0.
Decentralized autonomous organizations (DAOs) are the up and coming thing on the blockchain and Web 3.0.
Do landlords have to pay tax in Thailand?
07/02/2022
Purchasing real estate for the purpose of earning rental income is a popular form of investment for many people.
Purchasing real estate for the purpose of earning rental income is a popular form of investment for many people.
Draft amendments to the Thai Copyright Act have been approved by the cabinet
01/02/2022
On the 29th of September 2020, the Thai cabinet approved a set of draft amendments for the Copyright Act B.E. 2537 (1994).
On the 29th of September 2020, the Thai cabinet approved a set of draft amendments for the Copyright Act B.E. 2537 (1994).
Protecting your assets during a divorce in Thailand
19/01/2022
Unfortunately, not all marriages last and may eventually end in divorce. Divorces can be a stressful challenging experience and may be confusing for some.
Unfortunately, not all marriages last and may eventually end in divorce. Divorces can be a stressful challenging experience and may be confusing for some.
What are the grounds for divorce in Thailand?
19/01/2022
Unfortunately not all marriages have a happy ending and end up with the husband and wife filing for divorce.
Unfortunately not all marriages have a happy ending and end up with the husband and wife filing for divorce.
How do I start a business in the Metaverse?
17/01/2022
The Metaverse, which offers its users the chance to access a new and untapped world, purchase real estate and create, buy and sell NFTs verified by the blockchain...
The Metaverse, which offers its users the chance to access a new and untapped world, purchase real estate and create, buy and sell NFTs verified by the blockchain...
Does my company need to create work rules for my employees in Thailand ?
20/12/2021
Employees working in Thailand are guaranteed basic legal protections and benefits under the Labour Protection Act.
Employees working in Thailand are guaranteed basic legal protections and benefits under the Labour Protection Act.
The metaverse is here to stay, what are some of the potential legal issues?
16/12/2021
There has been a lot of news and media attention focused on the ‘Web 3.0’ or ‘metaverse’.
There has been a lot of news and media attention focused on the ‘Web 3.0’ or ‘metaverse’.
Thailand publishes new Country-by-Country transfer pricing reporting rules
08/12/2021
On September 30, 2021, Thailand's Revenue Department published a new notification setting out the country-by-country (CBC) transfer pricing reporting requirements for multinational enterprises (MNE) that are undertaking business in Thailand.
On September 30, 2021, Thailand's Revenue Department published a new notification setting out the country-by-country (CBC) transfer pricing reporting requirements for multinational enterprises (MNE) that are undertaking business in Thailand.
Smart startup visa, the best Visa for entrepreneurs in Thailand?
02/12/2021
Thailand’s economy has begun to diversify and we can now see a wide variety of both well-established companies and startups in the technology industry.
Thailand’s economy has begun to diversify and we can now see a wide variety of both well-established companies and startups in the technology industry.
A guide to the current entry requirements for Thailand
29/11/2021
On the 1st of November 2021, Thailand opened its doors and relaxed the strict entry requirements allowing foreigners to come back.
On the 1st of November 2021, Thailand opened its doors and relaxed the strict entry requirements allowing foreigners to come back.
How can I stay long term in Thailand without working?
23/11/2021
Thailand has long been one of the most popular tourist and expat destinations in the world. Many people fall in love with Thailand and look for ways to stay as long as possible or even live/retire there.
Thailand has long been one of the most popular tourist and expat destinations in the world. Many people fall in love with Thailand and look for ways to stay as long as possible or even live/retire there.
BOI promotion for software: Why is Thailand a good destination for software development companies?
11/11/2021
Thailand has made itself an attractive option for software development companies looking for a place to establish their company.
Thailand has made itself an attractive option for software development companies looking for a place to establish their company.
What is a TISO promotion from the BOI?
09/11/2021
The Thai Board of Investment (BOI) should always be the first port of call for prospective companies looking to establish a presence in Thailand.
The Thai Board of Investment (BOI) should always be the first port of call for prospective companies looking to establish a presence in Thailand.
Thailand aims to become a leading medical marijuana hub
05/11/2021
Thailand is getting ready to position itself as a world leading medical marijuana hub. This will be achieved by helping the production and growth of medical marijuana.
Thailand is getting ready to position itself as a world leading medical marijuana hub. This will be achieved by helping the production and growth of medical marijuana.
The tokenization of real estate in Thailand
30/10/2021
Thailand’s Security and Exchange Commission (SEC) recently awarded the Blockchain company Fraction a license to set up an initial coin offering portal.
Thailand’s Security and Exchange Commission (SEC) recently awarded the Blockchain company Fraction a license to set up an initial coin offering portal.
What happens to my Thai company if a shareholder passes away / dies?
26/10/2021
Taking the time to plan for things such as the unexpected death or sickness to shareholders
Taking the time to plan for things such as the unexpected death or sickness to shareholders
Thailand is set to become the main hub in Southeast Asia for the production of electric vehicles with new tax incentives
26/10/2021
Thailand: new incentives to remain a leading hub for the automotive industries.
Thailand: new incentives to remain a leading hub for the automotive industries.
Raising funds in Thailand with a SAFE
21/10/2021
As an entrepreneur seeking funding in Thailand, there are a variety of term sheet options available, including the SAFE (Simple Agreement for Future Equity).
As an entrepreneur seeking funding in Thailand, there are a variety of term sheet options available, including the SAFE (Simple Agreement for Future Equity).
What is the cost of registering a company in Thailand in 2023?
21/10/2021
All you need to know about the cost of creating and registering a company in Thailand.
All you need to know about the cost of creating and registering a company in Thailand.
Thailand introduces new rates for Social Security Fund contributions
12/10/2021
Thailand's Minister for Labour has announced a new regulation relating to Social Security Fund (SSF) contributions.
Thailand's Minister for Labour has announced a new regulation relating to Social Security Fund (SSF) contributions.
What are the taxes on Cryptocurrency in Thailand and do I need to pay tax?
07/10/2021
Thailand is currently experiencing a Blockchain boom, with exchanges and Fraction all being granted a Digital Assets Exchange License from Thailand’s Ministry of Finance.
Thailand is currently experiencing a Blockchain boom, with exchanges and Fraction all being granted a Digital Assets Exchange License from Thailand’s Ministry of Finance.
What is the current scope of regulations relating to Blockchain in Thailand today?
23/09/2021
Thailand was one of the very first countries to regulate blockchain, how does the legislation look today?
Thailand was one of the very first countries to regulate blockchain, how does the legislation look today?
Buying real estate in Thailand with crypto-currencies
05/08/2021
Is it possible to use your crypto to buy a property in Thailand? In theory, yes, but in practice it depends.
Is it possible to use your crypto to buy a property in Thailand? In theory, yes, but in practice it depends.
Subscribe today
for all the latest legal news in South East Asia,
Belaws updates and special promotions on our services.
for all the latest legal news in South East Asia,
Belaws updates and special promotions on our services.
+66 (0) 92 990 1046We are open: Monday – Friday
9 am – 6 pm (UTC+7)
Belaws 2017 - 2023.
Belaws provides information and software only. Belaws is not a "lawyer referral service" and does not provide legal service or participate in any legal representation.
Belaws is not a law firm or a substitute for an attorney or a law firm. The use of Belaws is subject to our Terms of Use.