on doing business and living in Bangkok
Changes in Thai Cannabis Laws The Narcotics Act B.E. 2522 in Thailand prohibits the production, manufacturing, cultivation, possession, sale, purchasing, transport, storage, and/or consumption of any narcotic drug or psychotropic substance. Substances …
Setting Up a Cannabis Business in Thailand Read More
When company export certain goods, companies may claim a VAT Refund for certain purchases of the raw material used in the exported product however unless the amount of VAT Refund …
VAT Refunds for Exporters (Beware) Read More
Can foreigners own land in Thailand? A foreigner cannot own land in his/her name in Thailand. However, the Department of Lands allows a Thai national married to a foreigner to own land …
Foreign land ownership and Thai spouse. What to look out for? Read More
What is a dormant company? A dormant company, also known as a shelf company, is an entity that has been legally registered but does not engage in any business activities. …
Got a Dormant Company in Thailand. Find out what’s your obligation. Read More
What is BOI? The BOI (Office of Board of Investment) is a Thai government agency that has a role of promoting valuable investment both into Thailand and Thai overseas investment. …
What Businesses are eligible for BOI promotion in Thailand. Read More
This is a guide on profit repatriation: transferring money out of Thailand. Thailand has strict regulations regarding foreign exchange transactions and also impose taxes on profit remittance. Let’s find out …
Transferring money out of Thailand Read More
There are many ways you can stay and work in Thailand. At UnionSPACE we specialize in assisting foreigners who want to stay, live and work in Thailand by obtaining the …
What’s the best way to obtain necessary Visa / Permit to stay in Thailand for a long time Read More
Seriously, that is right. We understand that Thai laws are somewhat open ended at most time, for now – the law regarding lighting up a joint is clear. You can …
Yes, you can light up a joint / weed legally now in Thailand Read MoreCorporate Income Tax The Corporate Income Tax (CIT) is a direct tax levied on juristic entities carrying on business in Thailand or deriving income from Thailand. The CIT therefore applies …
Taxes in Thailand : Corporate Income Tax Read MorePersonal Income Tax The Personal Income Tax (PIT) is a direct tax levied on the income of taxable persons, i.e individuals residing in Thailand more than 180 days in a …
Taxes in Thailand : Personal Income Tax Read MoreWithholding Tax (WHT) The withholding tax (“WHT”) is a tax deducted at source from the payment of a service invoice. WHT rates depend on the nature of provided services (cf. …
Taxes in Thailand : Withholding Tax (WHT) Read MoreTax Invoice A tax invoice is a mandatory document that needs to be issued by sellers of goods and services in order to submit VAT. Failing in providing tax invoices …
Taxes in Thailand : Tax Invoice Read MoreValue Added Tax (VAT) The “Value Added Tax (‘VAT’) is a tax on the sale of goods or the provision of services. The current rates are 7% and 0% (on …
Taxes in Thailand : Value Added Tax (VAT) Read More
Updated / Confirmed: May 12, 2022 Opening a Company Bank Account with local banks could be challenging if you do not have the necessary supporting documents. Here are the list …
Company Bank Account Opening – Required Documents – for Bangkok Bank Read More
Updated / Confirmed: May 12, 2022 Opening a Company Bank Account with local banks could be challenging if you do not have the necessary supporting documents. Here are the list …
Company Bank Account Opening – Required Documents – for SCB and Kasikorn Bank Read More
Considering to start your own business in Thailand, be it as a route to obtain Work Permit to stay in Thailand for a long time or purely for business reasons, …
Checklist before starting a business in Thailand Read More
So you’ve decided to start your own business in Thailand and now like a wise man used to say, before you jump into the pool, check the depth first. Cost …
Average cost of running a business in Thailand Read More
Written for people who will be entering Thailand as a Tourist. Below are the 5 online services that I’ve used. I will explain the steps further below. 1. Book your …
How to travel to Thailand without quarantine after Nov 1 from Australia / 63 countries under the Safe List? Read More
Nominee Shareholder is a person (Thai National) to represent you(foreigner) and has no legal rights or ability to control nor manage the company. A Nominee is merely your representative and …
What is a Nominee Shareholder Service Read MoreWhat do we mean by made easy for foreigners? As you may already know there are several ways to incorporate your business in Thailand and the most common and affordable …
Thai Limited Company Incorporation | Made Easy for Foreigners Read More