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 […]

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 […]

Permanent Residence Thailand

Permanent Residence Thailand

Permanent Residence Thailand. Thailand, the “Land of Smiles,” beckons many with its stunning beaches, vibrant culture, and relaxed lifestyle. But what if you crave more than just a vacation? Permanent residence in Thailand unlocks a world of possibilities, allowing you to live, work, and invest in this Southeast Asian paradise. Who Qualifies for Permanent Residence […]

Long-Term Resident Visa Thailand

Long-Term Resident Visa in Thailand

The Long-Term Resident Visa in Thailand is a modernized legal residency scheme introduced by the Thai government in 2022, underpinned by a Cabinet resolution and administered jointly by the Thailand Board of Investment (BOI) and the Immigration Bureau. Unlike conventional Non-Immigrant Visas, the LTR Visa is strategically structured to serve national economic interests by targeting four […]

Thailand Elite Program

Thailand Elite Visa

The Thailand Elite Visa, formally classified as the Privilege Entry Visa (PE) under Thailand’s Immigration Act B.E. 2522 (1979), represents a distinctive immigration concession offered to foreign nationals seeking long-term stay privileges. Unlike other visa categories based on employment, retirement, or family status, the Elite Visa is issued pursuant to a contractual arrangement between the […]