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 […]
One of the key benefits of setting up a Representative Office in Thailand is that obtaining a work permit for a foreigner is not restricted to the standard ratio of 1 foreigner per 4 Thai employees under the work permit regulations for other kinds of business establishment. For a Representative Office, the ratio is 1 […]
A contract is deemed to be concluded and binding where the offer is accepted and the acceptance is communicated from the offeree to the offeror. It is an exchange of promises between two or more people for a particular purpose to do or not do something as a legally enforceable agreement. Agreements are made by […]
The shares of Thailand limited companies are divided into the following two types : 1. Ordinary Shares or Common Shares Ordinary shareholders have common rights according to THE CIVIL AND COMMERCIAL CODE, CHAPTER IV LIMITED COMPANIES and CHAPTER V LIQUIDATION OF REGISTERED PARTNERSHIP, LIMITED PARTNERSHIP AND LIMITED COMPANIES which are as follows: 1.1 Every ordinary […]
Question: I am American and going to do business in Thailand next month. I have to carry some cash in USD currency for my business. What is the amount of Foreign and Thai currency that visitors are allowed to bring into or out of Thailand? Answer: Foreign Currency If you carry any foreign currency of […]
Regarding the 30 days sick leave per Thailand labor law, does this include weekly holidays when you take a sick leave? That is a question from an Employee in Thailand that has just undergone a knee operation and has taken 30 days sick leave. Her employer informs her that she is over the quota of […]
Thai lawyers got an inquiry from a foreigner about doing business and setting up a company in Thailand. Question: I am German and have a Thai wife living in Thailand. I wish to do a business in Thailand soon. If I want to register a Thai limited company with my wife being majority owner, what […]
In general, a foreigner is allowed to lease land in Thailand for not exceeding 30 years with an option of renewal, but it must not exceed 30 years from the date of renewal. (Read here for more information about 30 year land lease in Thailand by foreigners.) However, according to the Government policy under the […]
Foreigners wanting to own land in Thailand, a lot of the time, will opt for Land Lease, which is the most straightforward approach to acquire land in Thailand. Many foreigners feel more secure knowing that a legally registered land lease remains valid and effective even if the land is sold to another person. Thailand’s land […]
It is possible for foreigners who will not work in Thailand (thus will not have Thai work permits) to have a long stay in the country. This special type of visa called Non-Immigrant “O-A” (Long Stay) would be right for you. It is issued to foreigners who are 50 years or older. Upon arrival, holders […]