Thailand Business & Thailand Property Info Blog
February 29 2012 Categories: Thailand Business, Thailand Company Registration No comments yet
The private limited company is the legal vehicle that is the most commonly used by foreign investors in Thailand that is why we will review hereinafter the formalities of registration of a private limited company.
Originally posted 2009-07-24 11:17:21.
February 29 2012 Categories: Thailand Visas & Work Permit, Thailand Work Permit No comments yet
Working without a work permit is not something someone should take lightly as the penalties applicable are quite harsh.
Originally posted 2009-11-26 02:57:42.
February 29 2012 Categories: Thailand Visas, Thailand Visas & Work Permit No comments yet
Please find below a comparative table showing the most commonly used types of visa in Thailand, their benefits and requirements. I discuss most of these visas in more detailed articles to be found in the visa section of this blog. The purpose of this table is simply to permit readers to compare different type of visa without to switch from one post to the other. Note during this week I will update and republish all visas related posts.
Originally posted 2012-01-30 19:09:26.
February 29 2012 Categories: Thailand Taxes No comments yet
Withholding Tax is a tax collected by a deduction made on a payment when said payment is made. The payer who will remit it to the Revenue Department on behalf of the payee collects the tax. The tax the payer collect and remit to the Revenue Department on behalf of the payee will become a credit that will apply against the income tax (personal or corporate) due by the payee.
Originally posted 2009-07-25 15:44:49.
February 29 2012 Categories: Thailand Business No comments yet
I deleted yesterday post and reposted today a new version
A reader remarked that I posted a lot of information as to real estate selling prices but did not give to date any information as to construction prices. The problem is that while there is actually a lot of data available on this matter, the information provided is not always coherent. In the post I cancelled I only posted the highest price range information but i felt that to do so was only giving you part of the picture.
Originally posted 2009-10-06 08:05:27.
February 29 2012 Categories: Condominium Ownership, Land Ownership, Leasehold Ownership, Property General Issues, Thailand Business, Thailand Property No comments yet
Dear Reader
I just want to let you now that my book “How To Safely Buy Real Estate In Thailand” is now available on iPhone, iPad, or iPod touch with iBooks.
Description
Buyers of offshore real estate property can be divided into two categories: The fortunate buyers who actually receive the property they paid for and the unfortunate ones who end up losing their money in offshore real estate fiascos or end up with a lemon of a property. Although the fortunate buyers outnumber the unfortunate, ventures in purchasing real estate offshore still end up badly for too many people. Did you know that the difference between fortunate and unfortunate buyers is sheer luck, not more business savvy on one side than the other? Fortunate buyers are lucky enough to buy from one of the reliable developers doing business overseas. Do not let luck dictate offshore real estate purchases. Learn all about the critical issues and the many pitfalls awaiting the unwary buyer.The book is divided in two sections. In the first section Rene Philippe discusses the general issues to be addressed by a buyer who purchases real estate outside his home country. In the second part he explains how those issues are dealt with in Thailand. Because the author deals in the first part with general issues this book is a worthwhile read not only for foreigners who want to buy real estate in Thailand but also for foreigners or Thais purchasing real estate overseas.Rene Philippe approaches the subject in a manner clear, easy to understand and conductive to reflection and questioning. His objective is not only to impart knowledge and experience but also to raise buyers’ awareness of the potential dangers that are awaiting them and how to avoid them.
The author Rene-Philippe DUBOUT is a lawyer since 1990 when he was admitted to Geneva bar (Switzerland). He practiced as a litigator there for 10 years until he moved to Thailand in 1999. In 2002 he founded with a group of Thai lawyers Rene Philippe & Partners Ltd a local law firm that specialized in Cross Borders Investments and Real Estate. He has been lecturing in several Thai Universities and a speaker to numerous conferences and seminars. He is the author of a must read book:”How to Purchase Real Estate Offshore Safely: The Case of Thailand”.
http//:www.renephilippe.com
© Copyrights 2009 – Rene Philippe Dubout – This article may be reprinted if information about the author, the websites, and the URLs remain intact
Originally posted 2011-01-20 09:41:15.
February 27 2012 Categories: Doing Business In Thailand, Thailand Business one comment
I just read in the Pattaya Mail the story of Russian Victor Shchigolev, 32, who was arrested Feb. 12 for operating a tourist booth without a work permit. Now while Pattaya is a City known for a high level of tolerance and “laissez faire” working in Pattaya without or even with a work permit may be a dangerous endeavor if you did not paid your due to He-Whom-Must-Not-Be Named or pissed off the competition.
February 24 2012 Categories: Understanding Thailand No comments yet
Generally they do but while Thais can seem very friendly at first understand that it is only an appearance. Friendly attitude is as much a part of ‘Thainess’ as the respect for authority.
Real friendship demands more than just a smile. You must be careful that things are not always what they seem.
Originally posted 2009-08-12 13:17:13.
February 24 2012 Categories: Thailand Business, Thailand Taxes No comments yet
In a move to simplify the tax identification system the Thai Revenue Department has issued a Notification of the Director General which simplifies the identification of individuals and corporations with the Thai Revenu Department. This measure was supposed to be implemented from 2012 but actual implementation has been delayed to the 31 January 2013.
February 21 2012 Categories: Thailand Marriage Issues No comments yet
Many foreigners living or travelling to Thailand will end up marrying a Thai woman which bring the question of the pre-nuptial agreement.The first thing you need to know when marrying in Thailand is that a prenuptial agreement will be valid only if it is registered at the time of marriage registration, and it is made in writing, signed by both parties and at least two witnesses.
Originally posted 2012-01-22 16:50:49.
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