by panwa group | Dec 1, 2018 | 2.Corporate
The Ministry of Industry has the power to designate The size and quantity of the type of factory in each category that should be established or expanded or not be established or expanded in any locality in the Kingdom. The type, quality, source of origin and...
by panwa group | Dec 1, 2018 | 2.Corporate
Definition of a Foreign Company According to the Foreign Business Act of 1999 (FBA), the term foreigner means: Natural person not of Thai nationality. Juristic person not registered in Thailand. Juristic person registered in Thailand having the following...
by panwa group | Dec 1, 2018 | 2.Corporate, 3.Accounting-Tax
Property tax Property tax is imposed and collected annually. There are two kinds of property tax in Thailand: (1) house and land tax and (2) local development tax. Under the House and Land Tax Act B.E.2475 (A.D. 1932) as amended, the tax is imposed on owners...
by panwa group | Dec 1, 2018 | 2.Corporate, 4.Miscellaneous
The investment environment is one of the most enabling in the region. Successive administrations have been committed to letting the private sector be the driver while government plays a supporting role. This remains the cornerstone of Thai policy. The country’s...
by panwa group | Dec 1, 2018 | 2.Corporate
To attract foreign investment, the BOI offers a wide range of fiscal and non-tax incentives. To reduce risks, the BOI offers guarantees against nationalization or competition from new state enterprises. It also grants permission to bring in foreign nationals to...
by panwa group | Dec 1, 2018 | 2.Corporate
Trademark Registration A trademark (service mark, certification mark, collective mark) application must be: Completed on an official form in the Thai language, with specimens of the mark attached. Filed by the proprietor or his/her agent under a power of...
