In general, foreigners are not permitted to acquire land in Thailand unless they comply with the rules and conditions of exception specified in The Land Code of Thailand. Only Thai individuals and juristic persons are allowed to purchase and own land in the country. The same restriction applies to foreign companies in Thailand. A company […]
Under the Factory Act B.E. 2535, “Factory” means a building place, or vehicle which uses a machine from 5 horse powers or an equivalent thereof or more or which employs 7 workers or more with or without any machine for manufacturing, producing, assembling, filling, repairing, maintaining, testing, improving, altering, transporting, keeping, or destroying anything in […]
Even though Thailand’s labour law does not set the retirement age of employees, the interpretation of the Thai Labour Protection Act B.E. 2541 (1998) includes the fact that the retirement of employees is a termination of contract of employment. In case, an employer has included a retirement age in the work regulation, the employer shall […]
In order to comply with the legal requirements on Partnerships and Companies under the Thai Civil and Commercial Code, all companies are required to hold the meeting called the Annual General Meeting of the shareholders (AGM). The meeting must be held within 4 months from the financial year-end, meaning by the end of April each […]
Regional Operating Headquarters or ROH is a company registered in Thailand providing managerial, administrative and technical services as well as other supporting services to ROH’s foreign branches or its associated enterprises. Such supporting services include as follows: General administration, business planning and coordination Procurement of raw materials and components Research and development of products Technical […]
Regional Operating Headquarters or ROH is a juristic company incorporated in Thailand providing managerial, administrative and technical services as well as other supporting services to ROH’s foreign branches or associated enterprises. The criteria for ROH (previous scheme) in order to qualify for tax privileges are the following: Minimum paid-up capital must not be less than […]
Today, we discuss the similarities and differences between a “Regional Office” and a “Representative Office” in Thailand. The levels of comparison are as follows: Governing law Both Representative Office and Regional Office are permitted to carry out business under Section 17, List 3 (21) other business services of the Foreign Business Act B.E. 2542. At […]
Updated November 2020: For the foreigners who have a work permit and are going to change jobs, they normally don’t know what to do with Work Permit and Visa when changing jobs in Thailand. Here is a very important thing to do to make sure the transition is smooth in terms of your work permit […]
Thailand has 90-day Visa Exemption for Medical Purpose. Thailand has currently become a popular medical tourist destination and over the years, it has gained recognition and credibility for its medical tourism. And as a way to develop the nation into a regional medical hub, the Royal Thai government has implemented a new scheme for nationals of […]
In Thailand, employers who hire 10 or more employees must provide the evidences of employment as follows: Work rules & regulations in Thai language for the employees and disclose it at the workplace within 15 days since the day they started employing 10 or more employees. They also have to send a copy of the […]