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 […]
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 […]