Applying for a Boating License in Thailand
Thailand is a popular travel destination for many international tourists, but for those who own a boat, it’s important to understand the laws and regulations for obtaining the appropriate license in the country. This article will cover the legal requirements and procedures for obtaining a boating license in Thailand
“Shop Dee Mee Kuen” Offers 2023 Tax Deduction in Thailand up to 40,000 THB
According to a ministerial regulation (No. 386) issued on December 29, 2022, and a notification from the Director-General of the Ministry of Finance, a person liable to personal income tax (other than an ordinary partnership or non-juristic body of persons) is entitled to an income tax deduction under the “Shop Dee Mee Kuen 2023” program …
Continue reading ““Shop Dee Mee Kuen” Offers 2023 Tax Deduction in Thailand up to 40,000 THB”
2023 Tax Return Filing in Thailand
The season for filing personal income taxes in Thailand has now arrived.
Reduction of Land Office Registration Fees in 2023
Thailand’s cabinet on Tuesday, 20th December 2022 approved tax measures to help boost public consumption to stimulate the economy moving into recovery. Land and property tax was reduced to 15% along with some registration fees being cut for the year 2023.
Short-term rental businesses via online platforms in Thailand
As the economy recovers from the COVID-19 crisis, Thailand is again attracting more and more tourists to the country. Visitor numbers are increasing, and short-term rental businesses through platforms such as Airbnb, including daily rentals via other online platforms, are gradually becoming more popular, encouraging villa and apartment owners to set up short-term rentals to …
Continue reading “Short-term rental businesses via online platforms in Thailand”
Thailand Recruitment License Requirements
Under Thai law, any person or company who engages in recruitment business must obtain a recruitment license from the registrar following the regulations prescribed in the Employment Arrangement and Jobseeker Protection Act B.E. 2528 (1985).
“HIGH” Standards in Thailand; Regulations to Unlock Cannabis Industry
In the wake of shared global challenges, tourism and green growth is the way forward for Thailand’s sustainable economy. Specifically, a relevant government panel has set up a plan to develop the country as an international hub and targeted Thailand as the world’s foremost destination for the medical industry and wellness tourism. Still, a dream …
Continue reading ““HIGH” Standards in Thailand; Regulations to Unlock Cannabis Industry”
Thailand: Long-Term Resident (LTR) Visa
This guide explores the Long-Term Resident Visa (LTR), a visa designed for high-potential foreigners who wish to reside in Thailand for an extended period.
Share Deal or Asset Deal?
This article will compare the legal and tax implications of a share deal with those of an asset deal. It will discuss the relevant taxes and transaction costs that will be incurred for an asset deal compared to a share deal from a Thai tax perspective.
VAT on Foreign e-Service
On February 10, 2021, the Royal Thai Government Gazette publicized the Revenue Code Amendment Act (No.53), which mainly stipulates that non-resident electronic service providers and electronic platforms are required to register for VAT under certain conditions and allows tax documents and evidence to be provided electronically.