In accordance with Thai Immigration’s New Regulation which has taken effect on 13 August 2013, when a foreigner submits his application for Visa Extension and the validity of his passport is less than a year before it expires, the extension of stay will be permitted not exceeding the expiry date of passport. Moreover, after the […]
Foreigners planning to have a business in Thailand operating either as a Branch Office or Representative Office of a company incorporated under the laws of a foreign country, or as a Thai limited company incorporated under Thai laws with majority shares owned by foreigners, need to have the minimum capital required by Thailand Foreign Business […]
The capital of US companies operating in Thailand, which are protected by the Treaty of Amity between Thailand and USA, is determined by Thailand Foreign Business Law. Below is the information of the minimum capital requirement of a US company or Treaty of Amity Company, which operate either as a branch office of a company […]
Eligible applicants for Thailand BOI promotion can submit the application to the Board of Investment of Thailand. Hence, the Thailand BOI applies the following criteria in determining the suitability of a project for which investment promotion privileges are requested: 1. To determine approval for a project that requests promotion, the criteria are as follows: 1.1 Value […]
The foreigners, wishing to do business in Thailand, have the following responsibilities or duties right when they have obtained the foreign business license or certificate. Failure to comply with these issues can result in hefty fines. 1. Foreign Business License / Certificate 1.1 The license / certificate must be on display at the place of […]
Foreigners who want to apply for Thailand residence permit (Thai residency, Thai green card) must hold a passport that bears a Non-Immigrant Visa and has been granted with one-year visa extensions which shows that up until the date of application submission, he has been staying in the Kingdom for at least 3 consecutive years (without […]
ACMECS (Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy) single visa was formulated in a summit meeting between Thailand, Myanmar, Laos and Cambodia to facilitate the flow of tourists outside member countries to enter the region as well as to lessen development gap and accelerate economic growth, social progress and cultural development in the region. Similar to Europe’s […]
A limited company may reduce its capital either by lowering the amount of each share (not less than 5 THB per share) or by reducing the number of shares by special resolution of the meeting of shareholders. The capital of the company can not be reduced to less than one-fourth of its total amount. When […]
Foreigners who wish to obtain residency in Thailand may apply for a residence permit with the Immigration Commission. The following qualification of the eligible foreign applicant to be considered for residence permit must be met; Foreign applicant must hold a passport that was granted a Non-Immigrant Visa and has been permitted to stay in the […]
Tourism industry in Thailand is the industry which provides or gives services in return for remuneration in connection with tourism activities within and outside the Kingdom as follows: – Tour business – Tourist hotels business – Business relating to restaurants, service places and resorts for tourists – Business relating to the sale of souvenirs or […]