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ASEAN Comprehensive Investment Agreement
On 26 February 2009, the economic ministers of the ten ASEAN member States signed the ASEAN Comprehensive Investment Agreement (the “ACIA”), which liberalized trade within ASEAN in the following...
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How to Establish a Regional Operating Headquarters in Thailand
A “Regional Operating Headquarters” or ROH or “regional office” refers to a Limited Company that is registered in Thailand in order to provide management and technical services to any enterprises in...
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Regional Operating Headquarters: Criteria for Special Privileges
In the previous article (How to Establish a Regional Operating Headquarters in Thailand), we addressed the basic definition of a Regional Operating Headquarters and how it is formed. As we mentioned,...
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Establishing a Food Production Plant in Thailand
Under the Food Act of 1979, no one is allowed to establish a food production plant in Thailand, unless they have received a license from the proper authorities. The licensing process has two main...
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Buying Out an Existing Business in Thailand
Buying out an existing business, rather than starting one from scratch, is one possible option for foreign entrepreneurs in Thailand. One advantage for foreign entrepreneurs who choose to buy out an...
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Export and Import Licenses in Thailand
The import/export business appeals to many foreign entrepreneurs in Thailand because it is a line of business that is not restricted by the Foreign Business Act of 1999. This means that a foreigner...
View ArticleSpecific Business Tax in Thailand
Businesses in Thailand that provide goods and services are generally subject to the Value Added Tax (VAT), which is an indirect tax and is levied against the value received or receivable from the...
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Service Businesses Which Foreigners May Operate Without A Foreign Business...
According the Foreign Business Act of 1999, foreigners are required to obtain a Foreign Business License before they may operate “other types of service businesses, except for those specified by...
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Guide to the Representative Office in Thailand
The Representative Office is an important form of business organization in Thailand since it helps to facilitate the import and export of goods by foreign companies. A Representative Office is...
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The Thailand Real Estate Investment and Property Law Forum 2013
Asia Business Connect held the “Thailand Real Estate Investment and Property Law Forum 2013″ conference at the Bangkok Convention Center last September 19th to September 20th. Mr. Kert Stavorn, a...
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Kert Stavorn’s Presentation to UN Employees Retiring in Thailand
Siam Legal’s managing partner, Kert Stavorn, was invited to speak to a group of United Nations employees Tuesday regarding legal considerations for foreigners retiring in Thailand. He spoke for over...
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Rules and guidelines on how a foreign company may set up its own...
Previously, we discussed the main characteristics and features of the Representative Office according to Thai law, including its main purpose and the activities in which it is allowed to conduct. In...
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Thai Permanent Residency Category: Investment
There are several options open to foreigners in Thailand who wish to apply for permanent residency status. The first one is based on investment, which consists of two components: presenting proof of...
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The Corporate Veil Under Thai Law
Under Thai law, a company is considered to be a juristic person, meaning that it comes into existence as a result of law. The intention of a company is expressed through a natural person, namely a...
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ASEAN Economic Community and Thai Labor
The ASEAN Economic Community is coming in 2015. Within the blueprint for the AEC, there is an article called “Free Flow of Labor.” The purpose of this article is to eliminate the barriers of skilled...
View ArticleWhat to do to Properly Close Your Business in Thailand?
Starting and operating a business in Thailand is challenging for a foreign national. The process of getting a business up and running in Thailand is difficult in itself. The company formation process,...
View ArticleMergers and Acquisitions of Company in Thailand
Mergers and acquisitions are becoming a routine occurrence in developing countries as companies use the process to expedite their growth or gather additional benefits. A recent high profile example was...
View ArticleProposed Foreign Business Act Amendments in Thailand
The headlines in Thai business news have been dominated recently by the new government’s proposals to reform the Foreign Business Act of 1999. However, rather than to liberalize business, the proposals...
View ArticleNew Seven-Year Plan at the BOI
The Board of Investment promotes certain investments to respond to current and future economic needs of Thailand. The Thai Board of Investment has recently approved a new seven year master plan. The...
View ArticleLegality of E-Signatures in Thailand
With the increasing spread of internet usage and electronic delivery of documents, the demand for clarity on the legality for electronic signatures in Thailand is growing. E-Signatures (electronic...
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