Thailand Income Tax

Thailand Income Tax

Thailand Income Tax. This guide explains how Thailand taxes income in practice: who is resident, what income is taxable, current personal and corporate rates, withholding obligations, the treatment of foreign-sourced income, social-security and employer duties, filing and audit risks, and high-value planning points you should know. I’ve referenced recent official/practitioner sources so you can check […]

Notary Public in Thailand

Notary Public in Thailand

Notary Public in Thailand. Thailand doesn’t use the classic “notary public” model found in the U.S. or civil-law countries. Instead, certain licensed Thai lawyers are authorised and trained to perform notarial acts as Notarial Services Attorneys (NSAs) under the Lawyers Council of Thailand. These NSAs perform the practical tasks most people think of as “notarisation” […]

Escrow Accounts in Thailand

Escrow Accounts in Thailand

Escrow Accounts in Thailand. The concept of escrow accounts is rooted in the legal tradition of risk mitigation through third-party custodianship. In Thailand, escrow is formalized and governed by the Escrow Act B.E. 2551 (2008), which introduced a statutory framework for licensed escrow services. This development was in response to longstanding deficiencies in transactional security—especially […]

Translation and Legalization in Thailand

Translation and Legalization in Thailand

Translation and Legalization in Thailand. In Thailand, any foreign-language document submitted to a government agency, court, or educational institution must be translated into Thai and legalized. The accuracy and authenticity of these documents are crucial in legal, immigration, and business contexts. This process ensures that foreign public documents — such as birth certificates, powers of […]

Property Leasehold in Thailand

Property Leasehold in Thailand

Property Leasehold in Thailand. In Thailand, leasehold property arrangements are a cornerstone of foreign access to real estate, particularly for those unable to own land outright due to constitutional restrictions. While the leasehold model is well established, it operates under a civil law system with critical nuances in enforcement, renewal, and succession that demand a […]

Thai Business Partnerships

Thai Business Partnerships

Thai Business Partnerships. Thailand’s dynamic economy, strategic location in Southeast Asia, and robust infrastructure make it an attractive destination for foreign investors and entrepreneurs. For those looking to establish a business presence in the Kingdom, forming a Thai business partnership can be an effective strategy. However, navigating the complexities of Thai business partnerships requires a nuanced […]

Thailand Privilege Visa

Thailand Privilege Visa

The Thailand Privilege Visa, commonly known as the Thailand Elite Visa, offers long-term residency for individuals seeking ease of travel, extended stays, and exclusive privileges in Thailand. Managed by the Thailand Privilege Card Co., Ltd., this program is designed for high-net-worth individuals, investors, retirees, and frequent travelers. It provides multi-year residency options without the usual […]

Foreign Business Act

Foreign Business Act

The Foreign Business Act (FBA) B.E. 2542 (1999) is a cornerstone of Thailand’s regulatory framework that governs foreign participation in the country’s business landscape. It balances economic protectionism with investment facilitation, detailing restrictions and permissions for foreign entities across various industries. The FBA plays a significant role in safeguarding domestic enterprises while fostering targeted foreign […]