Thailand Taxes: Understanding Thai withholding tax

January 24 2012 Categories: Thailand Taxes No comments yet

What is the Withholding Tax?

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.

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Originally posted 2009-07-25 15:44:49.

Thailand Taxes: Understanding Thai withholding tax

Thailand Taxes: Is it easy to pay taxes in Thailand?

January 24 2012 Categories: Thailand Taxes No comments yet

Price Waterhouse recently published its 2010 “Paying Taxes 2010 the Global Picture” which consist of a comparative survey of how easy/difficult is it for an average company to pay tax in 183 countries. So how did Thailand do in this comparative survey?

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Originally posted 2009-12-14 07:15:20.

Thailand Taxes: Is it easy to pay taxes in Thailand?

Buying Property: Is it the right time to buy?

January 24 2012 Categories: Property General Issues, Thailand Property No comments yet

To buy or not to buy in Thailand?

This is one of the questions that many careful investors are asking now.

Of course due to what happen in Thailand in 1997 where many banks and developers went bankrupt and where hundreds of buildings where left unfinished a lot of buyers are wondering whether it is the right time to buy a property in Thailand?

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Originally posted 2009-07-25 23:54:08.

Buying Property: Is it the right time to buy?

Thailand Moderatly Free Economy

January 24 2012 Categories: Doing Business In Thailand, Thailand Business No comments yet

As every year the Heritage Foundation has published its world index of economical freedom for 2012. This is certainly one of the indexes where I would like Thailand to be ranking higher. So how is Thailand ranked in terms of economics freedom?

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Thailand Moderatly Free Economy

Starting a Business in Thailand (2): The Restaurant

January 23 2012 Categories: Doing Business In Thailand, Thailand Business No comments yet

If you want to start a restaurant in Thailand the first question you will have to ask yourself is: May a foreign investor legally open a restaurant in Thailand? The answer is No, Restaurant and Bar business are services activities under the Foreign Business Act List 3 which activities may be exercised by foreign investors only upon applying and receiving a Foreign Business License. The only exceptions are US Citizens who benefit of the US Amity Treaty and may operate a restaurant under a 100% US form.

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Originally posted 2009-11-05 02:44:17.

Starting a Business in Thailand (2): The Restaurant

Understanding Thailand: What is Thainess?

January 23 2012 Categories: Understanding Thailand No comments yet

I was checking my early posts and I realized that while I referred in several posts to the concept of Thainess, I never actually defined it.

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Originally posted 2009-08-31 10:34:04.

Understanding Thailand: What is Thainess?

Doing Business in Thailand: Thai Friends

January 23 2012 Categories: Understanding Thailand No comments yet

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.

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

Doing Business in Thailand: Thai Friends

Doing Business in Thailand: Dealing with Thai People

January 23 2012 Categories: Thailand Business, Understanding Thailand No comments yet

Should you be wary to do business with Thai people?

Not really because Thai people are honest. There are always exceptions of course but as a foreigner coming to do business in Thailand you have to be more wary of citizens from your own country than from Thais.

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Originally posted 2009-07-24 04:10:21.

Doing Business in Thailand: Dealing with Thai People

Thailand BOI: Promoted Activities: Agriculture Products

January 23 2012 Categories: Thailand BOI, Thailand Business No comments yet

What are the agricultural activities eligible for promotion?

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

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Originally posted 2009-08-03 07:05:20.

Thailand BOI: Promoted Activities: Agriculture Products

Table of Content (2): Opinion| Commenting Thai News

January 23 2012 Categories: Understanding Thailand No comments yet

I have generated for Readers convenience a TABLE OF CONTENT of all the post I published to date and in which I give my opinion on political or business related news in Thailand.I hope this table will help you to navigate more easily in my blog 

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Originally posted 2009-11-14 08:06:15.

Table of Content (2): Opinion| Commenting Thai News