Thailand Income Tax
Thailand income tax system is governed by the Revenue Code B.E. 2481 (1938), which provides the legal foundation for personal and corporate income taxation. The system is administered by the Revenue Department (Ministry of Finance), responsible for issuing tax regulations, collecting taxes, conducting audits, and enforcing compliance. Thailand employs a progressive income tax system for […]
Thailand SMART Visa
The Thailand SMART Visa is a long-term visa program introduced in 2018 as part of the government’s strategic initiative to attract foreign experts, executives, investors, and startup entrepreneurs in targeted “S-Curve” industries. Developed jointly by the Board of Investment (BOI), Immigration Bureau, Ministry of Foreign Affairs, and Ministry of Labour, the SMART Visa is distinct […]
Servitudes in Thailand
Servitudes in Thailand. Servitudes, known in Thai as สิทธิเก็บกิน (Sitthi Kep Kin), are legal rights that allow one party to use or benefit from another party’s property without owning it. These rights are an essential aspect of property law in Thailand, providing flexibility and utility in land use and ownership. Servitudes can be established for […]
Representative Office in Thailand
A Representative Office (RO) in Thailand is a legal business structure that allows foreign companies to establish a non-revenue-generating presence in the country. It serves as a liaison office to facilitate market research, quality control, and business coordination. However, it cannot engage in direct trading, sales, or profit-generating activities. Many international companies set up a […]
Thai Will and Succession
In Thailand, succession law governs how a person’s estate is distributed upon their death. Whether you are a Thai citizen or a foreigner with assets in Thailand, having a Thai will and succession ensures that your property is transferred according to your wishes and prevents legal disputes among heirs. Without a legally valid will, Thai […]
Property Title Transfer in Thailand
Transferring property ownership in Thailand is a legal process that involves registering the new owner’s name on the title deed at the Land Office (Land Department). Whether you are buying, selling, or inheriting property, a proper title transfer ensures the transaction is legally recognized and protects both parties from disputes. A property title transfer requires […]
Sales Contract Review in Thailand
A sales contract is a legally binding agreement that outlines the terms and conditions of a property transaction in Thailand. Whether buying or selling real estate, reviewing the contract carefully is essential to protect legal rights, avoid disputes, and ensure compliance with Thai laws. Many buyers, especially foreign investors, sign sales contracts without fully understanding […]
Property Due Diligence in Thailand
Buying property in Thailand is an exciting investment opportunity for both foreign and local buyers. However, due diligence is crucial to ensure that the property is legally sound, free from encumbrances, and safe for purchase. Property due diligence involves verifying title deeds, checking zoning regulations, confirming legal ownership, and reviewing building permits. Without proper due […]
Consumer Protection Act
The Consumer Protection Act B.E. 2522 (1979) is Thailand’s primary legislation that safeguards consumer rights, regulates business practices, and ensures fair trade. The law establishes mechanisms to address fraud, misleading advertisements, defective products, and unfair contract terms, providing consumers with legal recourse against unethical business activities. Thailand’s Consumer Protection Board (CPB), under the Office of […]
Bankruptcy Law in Thailand
Bankruptcy Law in Thailand is governed by the Bankruptcy Act B.E. 2483 (1940) and its subsequent amendments. Administered by the Central Bankruptcy Court, the law aims to provide a structured process for resolving insolvency, protecting creditors’ rights, and allowing businesses or individuals to reorganize their debts or liquidate assets. 1. Overview of Bankruptcy Law in […]