Thailand Visa Exemption for Foreigners

It is possible to foreigners to go to Thailand without a visa even though in principle, a foreigner who wishes to enter the kingdom of Thailand will have to obtain a visa from a Thai embassy or consulate outside Thailand before his arrival. Thailand has visa exemption programs for foreigners according to different nationalities and […]

Changes to Foreign Business Law

In a move to keep the existing law updated and increase regulating efficiency, the Thai government has recently approved a draft royal decree that amends the types of business activities prescribed by the Foreign Business Act B.E. 2542 (1999) specifically by granting an exemption for activities involving the sale of agricultural futures on the Agriculture […]

Land ownership in Thailand

According to Thai law, foreigners, (or most cases the company with 100% foreign ownership) in general are prohibited from owning freehold land in Thailand.  However, there are a few exceptions to this. Leasehold.  Foreigners may hold total leasehold interest in land and house leases.  The Thai lease law allows a 30-year maximum lease period, with […]

What happens when you liquidate a company ?

Some company owners decide to close down the business and they register for dissolution but fail to file a liquidation report or register the liquidation with the registrar. In this case, the Department of Business Development will revoke the registration of companies that register for dissolution, where in the liquidation process, the liquidators either failed […]

Thailand minimum wage hike policy

Studies show that minimum wage hike policy for 2012 has posed no effect on Thailand’s overall economy, indicated by low unemployment rate and a small number of layoff, while business owners have been able to adjust themselves well for the minimum wage hike. Therefore, it is expected that the minimum wage hike in 2013 will […]

Thailand Social Security – claims for compensation

To prevent deprivation of rights, the member of Thailand Social Security or so called insured persons should claim social security compensation within 1 year after the date entitled to compensations in any of the following cases except for the unemployment benefit: In the event of illness or accident and the insured persons received medical treatment at […]