According to Section 8 of the Foreign Business Act of 1999, foreigners cannot operate businesses in respect of which Thai nationals are not ready to compete with foreigners yet, as prescribed in List Three, unless upon obtaining permission from the Director-General with the approval of the Commission. Hence, the business activities that are in List […]
Under Section 8 of the Foreign Business Act of 1999 foreigners are not allowed to operate any business concerning national safety and security, business affecting arts and culture, tradition and folk handicraft or the business affecting natural resources or environment as prescribed in the List 2 unless permitted by the Minister with the approval of […]
Under Section 118 of Labour Protection Act of 1998, as administered by the Ministry of Labour, an employer should pay severance pay to an employee who is terminated after the employee has work for a consecutive period of 120 days or more. Hence, Section 119 states that an employer may not pay severance pay to […]
Burmese people can buy condominiums in Thailand. Normally, they need to transfer the money from overseas to Thailand in order to pay for the condo. But if they are employed by a BOI company, they do not need to transfer money from their bank account overseas. As one of the many benefits of Thailand BOI […]
If you are on a Non-Immigrant visa and staying in Thailand for more than 90 days, remember to notify your address to the Immigration Bureau every 90 days. This is in accordance with the Immigration Act B.E. 2522. The form to be filed is called TM.47 and it must be done within 15 days before […]
Today, one of our Myanmar clients asked us about the differences on work permit conditions based on the type of business that Myanmar nationals can do in Thailand. For a limited company without BOI promotion, whether it is a Thai majority or Burmese owned company, there must be at least 2 million Baht fully paid-up […]
The business activities which foreigners may engage in are controlled by Thai laws. While some business activities cannot be allowed to foreigners completely, businessmen like Burmese may still engage in some activities with approval from the designated Thai government agency. The Foreign Business Act of 1999 has identified 3 lists of activities in which foreigners […]
Myanmar nationals can engage in tourism business activities in Thailand with their Thai partners but they cannot work as tour guides. According to the notification of the Ministry of Labour, all foreigners are not allowed to work as a tour guide in Thailand which involves: – bringing in individual or group tourists to travel to […]
Myanmar nationals can set up a Representative Office of their Myanmar company in Thailand if the business that they want to do does not involve any income generating activities. A Representative Office is a kind of business set up by an overseas-based company to render marketing and other non-operational activities in Thailand. For instance, a […]
Thai Lawyers Limited assists many foreign companies including Myanmar businesses to register a company in Thailand. Once registered, they should be aware of the filing requirements, both monthly and yearly. We summarize the filing requirements for Myanmar businesses and companies from other countries that operate in Thailand below but please note that you may be […]