The Foreign Business Act (1999) of Thailand (the “Act”) generally restricts foreigners from
engaging in most business activities in Thailand, without special permission as provided by
the Act. Serious violations of the Act by a foreigner or facilitated by a Thai carry significant
criminal penalties. In the case of a Thai limited company, Section 4 of the Act [...]
Archive for the ‘Doing business’ Category
Amity Company: The Thai Company without Thais
June 7th, 2011 
doctor Why Offshore?
November 25th, 2010 doctor Why Offshore?
By informing yourself with respect to holding assets, doing [...]
The US-Thai Amity Treaty
November 4th, 2010 doctor Benefits of the US Amity Treaty
The main benefit of the US amity Treaty is to act as an override in relation to the Foreign Business Act. In a nutshell as a result of the Treaty, American nationals have the same rights as Thai national with regards to owning and operating businesses in [...]
What is a Non Immigrant Visa B ?
October 1st, 2010 doctor Foreign investors who wish to come into Thailand to conduct a business or to work must first obtain a Non Immigrant Visa B with a Royal Thai Embassy.
The Non Immigrant Visa B will allow you to stay in Thailand for a period of not more than 90 days at a time. [...]
Thai Visas: Visa B one year extension
October 1st, 2010 doctor Extending a Non Immigrant Visa B for one year
A foreign investor conducting a business in Thailand or working for a Thai company may if all conditions and documentary requirements are fulfilled file an application and obtain a one year visa.
Condition and Documentary Requirements
A foreign investor may apply for a one year [...]
Work Permit: Working with no Work Permit | Penalties
October 1st, 2010 doctor Working without a work permit is not something someone should take lightly as the penalties applicable are quite harsh.
Penalties applicable to the Foreign Employee
A foreign citizen who:
- is working without a work permit or
- doing work other than that specified into the work permit
Is punishable by a fine of 5,000 THB + 3 months of [...]
Thai company name registration
September 28th, 2010 doctor Prior to the legal formation of a company under Thailand Civil and Commercial Code, the company’s name must be approved and then reserved at the Thai authorities.
The applicant must be a partner, a promoter or a director of that company. The form for reserving the company’s name is available at the: [...]
Thai Labour laws
September 14th, 2010 doctor Labor matters are generally governed by the Labor Protection Act B.E. 2541 (1998) and the Civil and Commercial Code Section 575 to Section 586 on Hire of Services. Other laws include:
Labor Relations Act B.E. [...]
Thai Laws
September 5th, 2010 doctor Here is an introduction to a really useful web site namely THAILAWS.COM
The content of this web site is awesome and of use to anyone living, renting or working in Thailand.
THE OBJECTIVE OF WWW.THAILAWS.COM IS TO PROVIDE THE USEFUL INFORMATION ABOUT THAILAND, THAI ACTS AND LEGAL INFORMATION FOR [...]
Posted in Accountants, Banks, Business Guide, Buying property, Doing business, Lawyers, Thai taxes 
No Comments »Tax & Legal News September 2010
September 5th, 2010 doctor This article was written by Paul Ashburn, Senior Partner, BDO Advisory Limited.
BDO Advisory Limited, a limited liability company incorporated in Thailand, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. BDO is the brand name for the [...]
