I only have a 6 month work permit, but my friend has a year, why? Thai work permits are available in denominations of 3, 6 and 12 months. 3 month work permits are usually issued to people who will not be working permanently in Thailand such as delegates from foreign Read more…
We don’t have any income anymore, business is bad. What should I do with the company? If for any reason your business takes a downturn and your income decreases or even drops to 0 then you have 3 options to consider regarding your Thai company. You can keep your Thai Read more…
Taxes in Thailand, what do I need to know, if I only have a small business here in Thailand? There are different types of taxes which you need to be aware of as a small business owner in Thailand. First of all there is personal income tax for you and Read more…
Why do we need to do a financial statement (they call the balance sheet ) for our company? If we don’t, what will happen? All companies in Thailand have to prepare and keep accounts, even if the company has just been used to buy property it must still submit a Read more…
What is Vat in Thailand, how does it work? When do we have to have this? VAT is value added tax, a Thai company needs to register for VAT within 30 days of their turnover reaching 1,800,000 THB. VAT is a tax Read more…
BOI APPLICATION Foreigners wishing to establish a business operation in Thailand should take full advantage of the government’s Board of Investment (BOI) services. Availing of their services is a highly effective way to understand exactly what is permissible, how an application can be made, and how to take advantage of Read more…
Working With Thai People Wherever you work in the world there will be differences in working practices and attitudes. Thailand is no different. Below we will look at ways that will enhance your working experience while in the Kingdom as well as advising on things that must be avoided if Read more…
How to setup a business in Thailand Many foreigners who plan to reside in Thailand long term plan to set up a Thai company and run their own business here. There are many reasons for wanting to do this but one of Read more…
