Doing Business in Thailand

You cannot read Thai news and not know about the issue of the two brokers that have been recently arrested for spreading rumors about His Majesty the King health that affected the Stock Exchange of Thailand (SET). The Authorities are visibly at a loss on what to do. They seem to believe that they have to do something about it but limit for the time being their answer to punishing the allegedly guilty parties involved and if possible to prevent such a thing of ever happening again.

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Originally posted 2009-11-04 03:36:50.

What should you know about Thai Corporate Income Tax?

(I updated this post in january 2012)Taxes are not really my favorite cup of tea and I guess most of you think the same; the problem is that you cannot invest successfully in Thailand without having a minimum understanding of those issues.  Of course there is more to taxation that I will explain herein, those are only the basics

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Originally posted 2009-07-25 11:44:07.

One thing I find interesting when blogging is that Google and WordPress have tools that permit me not only to check what articles are the most successful but also the search queries of my blog readers. Now when looking at the queries I notice that there is still a lot of confusion among readers as to definition of legal concepts such as Thai or Foreign Private Limited Company and nominees. I tried hereinafter to clarify those concepts.

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Originally posted 2009-10-07 04:38:15.

I have the pleasure to inform you that the second edition of my book “How to Safely Buy Real Estate in Thailand” shall be available in Thailand Bookstores starting from the 10^th of February 2010 at a price of 625 THB. Later this month it shall also become available on Amazon.com, Nobles and Barnes and Theebooksale.com websites among others. It contains 54 chapters and 342 pages of useful information for anyone interested to buy real estate in Thailand.  Read more…

Originally posted 2010-01-27 20:56:39.

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?

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

The newspapers have announced another crackdown on illegal foreign run business that is to say on foreigners using Thais as nominees to buy land and run businesses from which they are legally excluded such as land development, agriculture and so on….

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In this new rubric we will offer once a month a property for sale. We will only select properties which we believe have a real competitive advantage over their competitors.

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Originally posted 2010-06-16 05:18:02.

Three years after its enactment in August 2006 the requirement of disclosure of Thai shareholders source of investment at the time of company incorporation is still confusing many foreign investors who do not always understand when and why do Thai shareholders have to disclose the source of their investment when they invest into a company with foreign investors. In this article i do not address the issue of when a foreigner may or may not own more than 49% of a business in Thailand.

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Originally posted 2009-10-21 01:47:12.

One of the biggest problems in Thailand for the professional who like our firm provide visa services is that everyone has an opinion on the subject. Having listen to dinner party rumors, gossip, the advice of well intentioned friends and family, many foreign citizens candidate to a visa, a visa extension or a work permit will come to their first meeting prejudiced as to what is in the realm of the possible and what is impossible to achieve.

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Originally posted 2009-10-23 12:44:03.

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.

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Originally posted 2009-10-06 08:05:27.