This post is about how to set up a factory in an industrial estates, which are governed by the Industrial Estates Authority of Thailand. If you are a foreigner and want to own the factory without having to have a local partner, it is possible. Your business may be eligible for Thailand BOI. Following is […]
There are 3 types of place in Thailand where a factory can be located; industrial estates, industrial parks and other areas (elsewhere outside the first two types). The difference among the three types is as follows. Industrial estates An industrial estate is an area of land specified for industrial purpose providing infrastructure like electricity, water […]
One of our clients is faced with an employment issue. In the company’s work rule, it provides 15 days of annual leave which is much more beneficial than the Thai Labor law requirement which is only 6 days per year. There is no restriction that the employee must take all annual leave within the year. […]
A lot of investors think that when the projects are approved and BOI certificates are issued by Thailand Board of Investment, their income starting from then on is exempted from tax which is not correct. In fact, the eligible promoted investors, who are entitled to use the right and BOI benefits in accordance to Section […]
Closing down a Representative Office in Thailand is much easier than opening it, which requires a lot of documents supporting the application for a Foreign Business License. Here are the documents needed when closing down a representative office to be filed at the Department of Business Development. A letter explaining the reason of closing down the […]
Whenever there is a need of changing Branch Office Manager, there are documents and fee that need to be filed with the Department of Business Development.
Foreign companies should plan carefully whether your presence in Thailand should be just a Representative Office or a Branch Office.
The Thai Labour Law requires both Thai and foreign employers who employ a total of ten or more employees to arrange for their work rules and regulations in Thai to be announced in the work place within 15 days from the day they started employing 10 or more employees and send a copy of the […]
Free Zone is a designated area for industrial or commercial operation or any other operations involve in economic growth and development. It is considered to be outside Thailand and Thai Customs territory. Accordingly, when foreign merchandise is brought into a Free Zone, no taxes and duties is owed until the merchandise leaves the Zone and enters […]
In Thailand, labour welfare is considered as a major concern where employers are required to provide the sufficiently comfortable, clean, and safe working conditions to all employees. To ensure that the employee is entitled to benefit from safe working conditions, the Minister of Labour issue Ministerial Regulations Concerning the Provision of Labour Welfare in Workplace […]