Thailand income tax regime is governed by the Revenue Code B.E. 2481 (1938) and administered by the Revenue Department of the Ministry of Finance. The Thai tax system follows a self-assessment model, under which individuals and companies are responsible for calculating and reporting their taxable income annually. The core principle of the personal income tax […]
Litigation in Thailand follows a civil law system, meaning legal disputes are resolved through written laws and judicial decisions, rather than precedents. The Thai legal system is structured, procedural, and hierarchical, with different courts handling various types of cases. This article provides an in-depth exploration of litigation in Thailand, including key legal procedures, court structures, […]
Thailand’s Foreign Business Act (FBA) of 1999 is a cornerstone of the country’s regulatory framework governing foreign investment and business operations. Designed to protect Thai industries and promote local participation in the economy, the FBA imposes restrictions on foreign ownership and control in certain sectors. For foreign investors and businesses seeking to establish a presence […]
Escrow accounts in Thailand is a financial arrangement in which a neutral third party holds funds or assets on behalf of two transacting parties until specified contractual conditions are met. In Thailand, escrow accounts are regulated under the Escrow Act B.E. 2551 (2008) and are commonly used in real estate transactions, business mergers, and international […]
Property Taxes in Thailand. Thailand imposes various property taxes on owners, buyers, and sellers, ensuring a steady source of revenue for local and national development. Understanding these taxes is essential for residents, foreign investors, and businesses navigating the Thai real estate market. 1. Types of Property Taxes 1.1 Land and Building Tax Implemented in 2020, […]
Property Lease in Thailand is a practical option for individuals and businesses, particularly foreigners, given the restrictions on land ownership. Governed by the Civil and Commercial Code, property leases allow lessees to use land or buildings for a specified term while ownership remains with the lessor. This guide explores the legal framework, process, costs, and […]
Child Support in Thailand. In Thailand, child support is a legal obligation to provide financial assistance for a child's care, maintenance, and upbringing. The issue of child support arises in cases of divorce, legal separation, or disputes between unmarried parents. Child support is intended to ensure that the child maintains a stable quality of life, […]
Child custody in Thailand is a critical aspect of family law, particularly in divorce or separation cases involving children. The Thai Civil and Commercial Code governs child custody matters, with decisions focusing on the best interests of the child. Whether the parents are Thai nationals, foreigners, or in mixed marriages, child custody issues must be […]
Thailand’s exclusive Thailand Privilege Visa Program, formerly Thailand Elite Visa, offers much more than long-term residency—it’s your key to experiencing Thailand in the most luxurious, hassle-free way. Whether you’re a frequent visitor or planning to make Thailand your long-term home, the program is designed to suit your unique needs, providing both flexibility and convenience. With […]
Translation Services in Thailand. In Thailand, translation and legalization services play a crucial role in various personal, business, and legal processes, particularly for foreigners dealing with the local administrative system. Whether you are setting up a business, dealing with property transactions, applying for visas, or getting married, accurate translation and proper legalization of documents are […]