Doing Business in Thailand

How are rights on land evidenced in Thailand? Now this is a tricky question because land documents such as NS-4 (Chanote), NS-3K (Nor. Sor. Sam Kor.) or NS-3 (Nor. Sor. Sam), which we discussed in the previous posts, only serve to evidence rights to land and contain no mention of the structures built on the land (if any).

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Originally posted 2009-09-21 04:06:25.

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.

Here below is the list of the post I wrote on the matter of visas and work permits in Thailand to date. Hope this list will be helpful.

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Originally posted 2009-11-08 07:36:05.

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.

This article was first published in the Property Report Magazine of May 2009 under the heading Beyond the Law

The 49% foreign ownership quota for condominium

One of the legal headaches limiting access of foreign buyers to the Thai real estate market is that Thai laws currently limit foreign buyer freehold purchases of condominium units to percent of the total area (reserved for private ownership) of a condominium building at any one time.

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Originally posted 2009-07-27 10:27:19.

According to the yearly study of the World Bank “Doing Business 2010″ Thailand ranks 12th out of 183 friendly countries to do business. As a professional which role is to assist foreign investors doing business in Thailand I should welcome any such survey. I mean the friendlier Thailand looks to foreign investor the better it is for my business.

Note that tomorrow I will conclude with my “Buying a Business” posts series

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Originally posted 2009-09-10 03:28:25.

What are the activities eligible for promotion under section 4 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

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Originally posted 2009-08-05 15:03:42.

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.

Dear Readers. As explained in our previous post DoingBusinessThailand first Iphone Application has been successfully approved by Apple on the 5th December and is now available in iTunes and can be downloaded by following this link:

http://itunes.apple.com/app/dbt/id342657926?mt=8

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Dear Readers,

Please be informed that Apple Itune Store has released DoingBusinessThailand DBT Iphone Application on the 5th December 2009. It can be downloaded on Itune Application Store > Business > DBT.

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Dear Readers, we are pleased to inform you that RP Real Estate Ltd is about to launch its new website www.thailandbestproperties.com The purpose of this new site is to assist our readers who are  interested to purchase a property to select the best property according to their specific needs and budget.

Like this blog www.thailandbestproperties.com is a work in progress and new properties will be added to the offer every day. If you are looking to purchase a property in Thailand; whether a land, house or condominium, located in Bangkok, Pattaya, Hua Hin, Phuket of Koh Samui visit our www.thailandbestproperties.com site. If you do not yet find what you are looking for on our site do not hesitate to contact mindaugas@renephilippe.com with your requirements and budget and he will help you to locate the property of your dream

I’m pleased to inform you that Rene Philippe & Partners Ltd will open next Wednesday 2 December 2009 its first office under the DoingBusinessThailand brand in Pattaya.

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Dear Readers,

As I said in the disclaimer while I do my best not to do mistakes, I’m not completely error prone. I made a few mistakes in my Visa Setting the Record Straight Series of posts. The mistakes were resulting of a confusion between benefits applicable to Phor 30 and Phor Phor 30. Those mistakes have been corrected. Regards Rene

Dear Readers

I announced two months ago that we were about to launch an iphone application that will permit you to read our blog on your iphone. The development of the application is completed. Justin and his team have done a good job as you will soon be able to see by yourself. Check them at  http://www.iphonedeveloperthailand.com/ The application has been submitted to I Tune already therefore it is a matter of time before you can read our blog on your iphone. Of course the application is free.

Regards

Rene

Dear Readers

As you already know I gave  a speech on Laws and Regulations Related to Transnational Real Estate Investment at a conference. If any reader is interested to receive the soft copy of my Power Point Presentation please fill the contact form or send me a request by email at contact@renephilippe.com

Regards

Rene-Philippe

Dear Readers, I will be given a speech on Wednesday 28  2009 at 15:15 pm at Arnoma Hotel Bangkok on “Laws and Regulations Related to Trans-national Real Estate Investment” during “The 4^th CERTIFIED INTERNATIONAL PROPERTY EXPERT (CIPE)” workshop organised by the Thai Appraisal Fundation. To register please follow this link: 

http://www.thaiappraisal.org/english/international/cipe.php

Yours Sincerely Rene Philippe

www.DoingBusinessThailand.Com has been up and running for 2 months now and I posted today my “post number 100″. I must say that I did not realize what I was getting into when I started this blog. Especially I did not realize the discipline needed to make one post a day but I’m starting to get used to it.

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Dear Readers,

Note that you can keep in touch with us and receive our daily post(s) about doing business, immigration, banking in Thailand and a lot more topics either:

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What is a Foreign Business License?

As explained above, if you wish to invest into an activity, which is controlled under FBA List 2 or 3, and own more than 50% of the share equity of your business, then one of the options available to you is to apply for a foreign business license. If you obtain the license, you will then be allowed to exercise a business listed under list 2 or 3 in the form of a foreign majority company. Read more…