Tag: thailand

Thailand Income Tax is governed by the Revenue Code, a legal instrument administered by the Revenue Department under the Ministry of Finance. The code outlines taxation obligations for individuals, juristic persons (corporate entities), and certain non-resident earners of Thai-sourced income. The country operates on a self-assessment regime, placing the onus…

Escrow accounts in Thailand are a critical financial tool used to facilitate secure transactions, particularly in high-value deals such as real estate, mergers and acquisitions, and international trade. In Thailand, the use of escrow accounts has grown in prominence as the country’s economy continues to integrate with global markets. However,…

The Thailand Privilege Visa (formerly known as the Thailand Elite Visa) presents an opportunity for foreign nationals who want to spend extended periods in Thailand. Rather than applying for a short-term visa repeatedly, eligible applicants can choose a membership package offering long-term multiple-entry visa privileges and access to a range…

The Thailand Long-Term Resident Visa is a policy-driven legal residency scheme launched by the Thai government in 2022. Its purpose is to attract specific categories of foreign nationals whose presence in Thailand is expected to yield sustained economic and intellectual value. Unlike traditional visa types that focus on short-term residence or…

Due diligence on a property is a crucial phase in the purchase of real estate in Thailand. It entails performing a comprehensive examination of the property to make sure the buyer is making a wise investment and that there are no ongoing legal matters or disputes. The following are some…

The Kingdom of Thailand is a country that is well-known for its civil laws, which are codified and apply to all cases. Its legal system is also very flexible, meaning that it can handle a broad range of disputes from simple contracts and property ownership to complex commercial litigation, criminal…

When it comes to Property Title Transfer in Phuket Thailand, there are several factors that should be considered. These include the type of property you are purchasing, the price you are paying for the property and your ability to complete the process of ownership transfer in a timely manner. Land…

When you have found the right property to buy, a sales contract is usually drawn up between you and the seller. This can be in Thai or English and should be reviewed by a lawyer before it is signed. This is important as it will guarantee that the deal is…

If you are planning on getting married in Phuket Thailand, there are several requirements to follow. These include having your marriage legalized by the Ministry of Foreign Affairs and ensuring that it is recognised by your country of origin. The first step is obtaining an Affidavit at your Embassy in…

Getting married is often the most important decision a person will make in their life. It can be a great way to start a family and make a lifelong commitment to a person. However, divorce is a risk that many couples face after marriage and having a prenuptial agreement can…