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  • Social Security Reduced Rates

    April 15 2014

    Please be reminded that as a result of the damages resulting from the flood the government has temporary reduced the social security contributions due by employers and employees. I take this opportunity to remind you that social security contribution are calculated on a salary from 0 to 15,000 THB per month and that the part of the salary in excess to 15,000 THB is not take into account.

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    Originally posted 2012-02-03 00:11:05.

    Social Security Reduced Rates

    Business Registration: Thai Commercial Legal Entities

    April 15 2014

    The second option available to a foreign investor who wants to start a business in Thailand is to register a trading commercial legal vehicle (for example a subsidiary under the form of a Limited Company or a branch of a foreign company). [this post is an updated draft that replace one of my first posts]

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    Originally posted 2009-10-16 02:09:26.

    Business Registration: Thai Commercial Legal Entities

    Thailand Visas:Setting the Record Straight 2: Visa Exemption – Updated

    April 15 2014

    A reader was kind enough to point that some changes have occured since i post this article in 2012. Therefore I took his comment into account and updated the post.Another big problem in Thailand for the professional who like us provide visa services is that foreign visas applicants are often confusing the names of the visas they are having and the benefits attached to say visas. This is why we will dedicate this post and the next post to give definitions of visas terms.

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    Originally posted 2012-06-13 15:26:38.

    Thailand Visas:Setting the Record Straight 2: Visa Exemption   Updated

    Thailand: Houses for Sale with Seller Financing

    April 15 2014

    One of our customers has two houses for sale in Bangkok. Both houses are in high-end community projects and are sold with a credit offered by the Seller. This is a rare opportunity for a Foreign investor to purchase a property in Thailand with a financing

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    Originally posted 2012-03-25 15:41:43.

    Thailand: Houses for Sale with Seller Financing

    Taxation Update: Is a VAT increase coming soon?

    April 15 2014

    Since the 1999 crisis the rate of VAT in Thailand has been reduced to 7% from 10%. The actual VAT rate in the Thai Revenue Code is still 10% but successives governements have for the past 13 years renewed every year the emergency decret which reduced the VAT to 7%.

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    Originally posted 2012-04-28 20:58:20.

    Taxation Update: Is a VAT increase coming soon?

    Starting a Business in Thailand (1): The basics

    April 15 2014

    They are more than a few Tom, Dick and Harry that come to do business in Thailand armed with a “colonial” false sense of superiority. This is a mistake, even if Thailand did not yet achieve European, Japanese or US standards in all matters do not be mistaken about it. Thailand is a developed country. At least economically, politically that is a story for another day.

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    Originally posted 2009-11-03 08:15:01.

    Starting a Business in Thailand (1): The basics

    Buying a Condominium: Thailand Condominium Market Review

    April 15 2014

    Colliers recently published its last property snapshot for 2009 and we would like to take this opportunity to review 2009  Thai condominium market. So, was 2009 a good or a bad year?

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    Originally posted 2009-12-23 07:02:15.

    Buying a Condominium: Thailand Condominium Market Review

    Corporate: Incorporating a Thai Company Step by Step

    April 15 2014

    Why review the private limited company set-up?

    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.

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    Originally posted 2009-07-24 11:17:21.

    Corporate: Incorporating a Thai Company Step by Step

    Thailand Property: Nominees under watch

    April 15 2014

    There have been a lot of activities on the “nominees” front lately. It is an issue that resurfaces from time to time. Lately there has been the scandal of foreigners purchasing farm land through the cover of companies that have shareholders that may be deemed “Thai nominees”. This morning in the Bangkok post an article was published under the title “Nominees Ownership under watch”.

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    Originally posted 2009-08-25 12:37:59.

    Thailand Property: Nominees under watch

    By invitation : Gold Mining investment Opportunity

    April 15 2014

    A new USA gold Company already publicly quoted is looking to raise 5,000,000 USD by issuing 12.5 million new shares representing 17% of its current share capital at a subscription price of 0.40 USD per share (current trading price is between 0.70 and 0.80 USD per share. The capital raised shall be used to finance drillings in two high potential exploration properties in a major gold mining area.  For more information about this opportunity or for a complete presentation do not hesitate to contact me at contact@renephilippe.com

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    Originally posted 2012-08-17 16:52:02.

    By invitation : Gold Mining investment Opportunity