Thailand Income Tax
Thailand income tax system is straightforward in design but recently more complex in practice: progressive personal rates, a corporate rate with SME tiers, new rules on foreign-sourced income and expanding compliance obligations (transfer-pricing, reporting and international minimum-tax rules). Below I map what actually matters for individuals and companies operating in or from Thailand, the precise […]
Last Will and Testament in Thailand
Last Will and Testament in Thailand. Making a last will and testament is one of the most important steps in estate planning, ensuring that property is distributed according to one’s wishes and reducing the risk of disputes among heirs. In Thailand, succession law is governed primarily by the Civil and Commercial Code (CCC), Book V, […]
Property Leasehold in Thailand
Property Leasehold in Thailand. In Thailand, foreigners are prohibited from owning freehold land, except under rare statutory exemptions. As a result, leasehold arrangements have become a primary legal mechanism allowing non-Thais to secure long-term use of real property. Leasehold is governed by the Civil and Commercial Code (CCC) and the Land Code, and must comply […]
Translation and Legalization in Thailand
Translation and Legalization in Thailand are integral steps for conducting international transactions, resolving legal matters, or complying with administrative requirements when dealing with foreign or cross-border elements. These procedures are mandatory for documents used in court proceedings, immigration, business registration, marriage or divorce, education, and property ownership, particularly when foreign documents must be recognized by […]
Child Adoption in Thailand
Child adoption in Thailand is governed by a comprehensive and formal legal framework designed to protect the best interests of the child while ensuring transparency and accountability in both domestic and international adoptions. The Child Adoption Act B.E. 2522 (1979), as amended, along with relevant sections of the Civil and Commercial Code (CCC) and international […]
Litigation in Thailand
Litigation in Thailand. Thailand employs a three-tiered judicial system with specialized branches: Courts of First Instance Civil Courts Criminal Courts Provincial Courts Specialized Courts (Tax, Labor, IP, Bankruptcy) Appeal Courts Regional Courts of Appeal Specialized Appeal Divisions Supreme Court (San Dika) Final appellate authority Limited constitutional review (separate from Constitutional Court) 1.2 Quasi-Judicial Bodies Administrative Courts (for […]
Thailand SMART Visa
The Thailand Smart Visa program is designed to attract highly skilled professionals, investors, entrepreneurs, and executives in targeted industries that support the country’s economic growth. Unlike traditional work visas, the Smart Visa provides long-term residency, work authorization without a work permit, and multiple-entry privileges. Launched in 2018, the Smart Visa aims to boost Thailand’s competitiveness […]
Mergers and Acquisitions in Thailand
Mergers and acquisitions in Thailand are pivotal tools for corporate growth, market expansion, and strategic realignment. In Thailand, the M&A landscape has evolved significantly over the past decade, driven by economic growth, foreign investment, and regulatory reforms. However, navigating the complexities of M&A transactions in Thailand requires a deep understanding of the legal, regulatory, and […]
Thailand Long-Term Resident Visa
Thailand Long-Term Resident Visa program, launched in 2022 via Cabinet Resolution, marks a pivotal transformation in the country’s immigration policy. Unlike traditional visa regimes governed solely by the Immigration Act B.E. 2522 (1979), the LTR Visa operates within a cross-ministerial policy framework—designed to attract targeted groups of foreign nationals who contribute tangible long-term value to […]
Buying a Property in Thailand
Although purchasing real estate in Thailand can be a fantastic investment opportunity, there are a few key factors you should take into account first. To remember, have the following in mind: 1. Foreigner property ownership restrictions: The kinds of properties that foreigners can own in Thailand are limited. Owning land is not possible; however, owning […]
