UnionSPACE on Tuk Tuks in Bangkok
We’re so excited about our latest marketing blitz. If you seen one of these cute tuk tuks around, snap a photo of them and post them on your social media …
UnionSPACE on Tuk Tuks in Bangkok Read MoreDoing business in Thailand
What to consider before starting your own business?
Starting a business can be a complex process, but there are a few basic steps that you can follow to get your business off the ground. Here are some of …
What to consider before starting your own business? Read More
Setting up a US Amity Treaty Company in Thailand
A US Amity Treaty Company permits American citizens and companies tohold majority shares (over 51%) in a Thai Limited Company. The USAmity Treaty also enabled American companies to engage in …
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EOY Audit and Account Closing For New Company in Thailand
It’s required by law that every Company, regardless it’s a Partnership, Thai Limited Company, BOI, Branch Office or Representative Office must have their account audited at the end of every …
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Winding Up / Closing a Thai Limited Company
Once you have incorporate your Thai Limited Company, it is a legal entity by itself and should your business cease to operate anymore, it is important that you close the …
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Thailand Trademark Registration.
Registering a trademark provides legal protection against counterfeiting and infringement of your intellectual property. A registered trademark greatly strengthens your ability to enforce your rights, as well as ensuring that …
Thailand Trademark Registration. Read More
Setting Up a Cannabis Business in Thailand
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 …
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VAT Refunds for Exporters (Beware)
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 …
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Foreign land ownership and Thai spouse. What to look out for?
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 …
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Got a Dormant Company in Thailand. Find out what’s your obligation.
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 Businesses are eligible for BOI promotion in Thailand.
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. …
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Transferring money out of Thailand
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 MoreTaxes in Thailand : Corporate Income Tax
Corporate 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 MoreTaxes in Thailand : Personal Income Tax
Personal 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 MoreTaxes in Thailand : Withholding Tax (WHT)
Withholding 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 MoreTaxes in Thailand : Tax Invoice
Tax 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 MoreTaxes in Thailand : Value Added Tax (VAT)
Value 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 …
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Company Bank Account Opening – Required Documents – for Bangkok Bank
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
Company Bank Account Opening – Required Documents – for SCB and Kasikorn Bank
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
Checklist before starting a business in Thailand
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