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  • Thailand BOI: Promoted Activities: Light Industries

    April 15 2014

    What are the light industries activities eligible for promotion under section 3 of the BOI list?

    Reminder: As you already know the Board of Investment is the agency in charge of promoting certain sectors of Thai economy. As such the BOI role is among other to determine:

    What are the activities which are eligible for promotion

    What are the conditions attached to said promotion

    What are the privileges attached to said business activity

    Read more…

    Originally posted 2009-08-03 07:10:22.

    Thailand BOI: Promoted Activities: Light Industries

    Thai Private Limited Company: Preference Vs Ordinary Shares

    April 15 2014

    Preference Shares are opposed to ordinary shares. In Thailand, ordinary shares like in most countries entitle their holders to a share of ownership of the company including a voting right (1 vote per share) and a right to the company dividend or the company benefit of liquidation.

    Read more…

    Originally posted 2009-11-24 03:04:41.

    Thai Private Limited Company: Preference Vs Ordinary Shares

    Doing Business in Thailand: Thai Friends

    April 15 2014

    Do Thai value friendship with foreigners?

    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.

    Read more…

    Originally posted 2009-08-12 13:17:13.

    Doing Business in Thailand: Thai Friends

    Selling a Condominium:Taxes and Government Fees Applicable

    April 15 2014

    In this post we will show how the government fees and taxes payable at the Land Department are calculated in the case of the resale of a condominium. Note that in the two examples below we envisaged a transaction before end of March 2010 and after March 2010 because government fees are discounted until the end of March 2010.

    Read more…

    Originally posted 2009-12-09 06:47:13.

    Selling a Condominium:Taxes and Government Fees Applicable

    Buying a Condominium: More reasons to buy in Bangkok

    April 15 2014

    While I already dealt with this issue two days ago, I just read this morning a comparative study from the Global Property Guide. The Global Property Guide surveyed and compared the prices of 120 SQM good condition second hand high end apartments in 112 cities over the world. Among the cities surveyed was Bangkok which ranked fairly well in the study.

    Read more…

    Originally posted 2009-08-28 10:40:06.

    Buying a Condominium: More reasons to buy in Bangkok

    Hua Hin | Land for Sale Seaview

    April 15 2014

    One of our clients is selling a unique sea view land in Hua Hin. For those who do not yet know Hua Hin it is a Sea Side city two hours from Bangkok and is reputed to be the anti Pattaya and also the safest city in Thailand. Do not hesitate to contact me if you have questions in relation to this matter at contact@renephilippe.com

    Read more…

    Originally posted 2013-06-29 23:28:27.

    Hua Hin | Land for Sale Seaview

    Buying Land: The Witch Hunt (4) The Way Out

    April 15 2014

    Assuming that Thai authorities take as announced a hard stance in relation to the matter of “companies that own land with Thai Shareholders that may be deemed nominees” and assuming that the company do not fight back the accusations. What would happen then?

    Read more…

    Originally posted 2009-11-02 09:59:13.

    Buying Land: The Witch Hunt (4) The Way Out

    Thailand Taxes: what are the rules for the applicability of 0% VAT on Export of Services?

    April 15 2014

    This post to remind you that the condition of the applicability of 0% VAT in Thailand has changed since October 2011 and has become more flexible than it used to be.

    Read more…

    Originally posted 2012-05-21 19:48:42.

    Thailand Taxes: what are the rules for the applicability of 0% VAT on Export of Services?

    Doing Business in Thailand : How difficult can it be?

    April 15 2014

    Is Thailand a competitive place to do business?

    Never underestimates the locals, Thai businessmen are competitive and good especially at running service businesses. Read more…

    Originally posted 2009-07-24 05:05:40.

    Doing Business in Thailand : How difficult can it be?

    Thailand Tax Update: End of Privileges for Thinly Capitalized companies

    April 15 2014

    In Thailand many companies invest under the form of thinly capitalization, they are incorporated with a low capital and then they borrow money from their investors to finance their investment. This allows them to enjoy large tax deduction as they are entitled to deduct from their profits the interests paid.

    Read more…

    Originally posted 2012-04-24 19:37:15.

    Thailand Tax Update: End of Privileges for Thinly Capitalized companies