Offering properties for “sale” to foreigners under a long term registered lease is becoming the norm for new developments in resort areas. Even condo developments limited to offering 49% of their freehold capacity to foreigners may offer the remaining units to foreigners on a long term leasehold.
If however you are considering purchasing a resale villa [...]
Archive for June, 2010
When do you need a work permit?
You will need a work permit as soon as you engage in work by “exerting energy or using knowledge whether or not in consideration of wages or other benefits “. Of course if you just come into Thailand to negotiate a contract with a Thai [...]
It’s CIT time again
Any Thai company subject to corporate income tax (CIT) is required to file a half-year tax return by estimating its annual net profit and its tax liability; and must pay half of the estimated tax amount within two months of the end of the first six months of [...]