Tag: Thai Company Limited

U.S. Firm Applying for a Patent in Thailand

| November 9, 2012 | 0 Comments

U.S. firms are eligible to apply for patent protection in Thailand, although if the invention was made in the U.S. you must file an initial patent application there first. If the invention was made in the U.S., you cannot file in Thailand until you receive a foreign filing license or 6 months after filing whichever […]

Continue Reading

American Company Applying for BOI Incentives

| September 28, 2012 | 0 Comments

Companies incorporated in the U.S. or majority owned by Americans are often eligible for incentives from Thailand’s Board of Investment (BOI). For example, BOI promoted businesses are automatically granted a business licence. Investment Promotion Criteria Regulations set requirements for each industry and sub-industry eligible for promotion.  The Board considers the business plan, the viability of […]

Continue Reading

How to Own Real Property in Thailand

| September 25, 2012 | 0 Comments

Buying real property in Thailand can be a valuable investment for foreigners if you do your homework and make sure to do it property. When making your plans you need to take into account the limitations on foreign land ownership and Thai tax law. The easiest way to buy property in Thailand is to buy […]

Continue Reading

How to Start a Business in Thailand

| September 4, 2012 | 0 Comments

If you want to start a business in Thailand, you can set up your business in a number of ways. If you have an international business, you may wish to set up a Thai branch office, Thai representative office or Thai regional office to take advantage of local business opportunities and possible tax advantages. Sole […]

Continue Reading

Foreign Ownership of Industrial Land in Thailand

| August 17, 2012 | 0 Comments

Although the Thai Land Code generally prohibits foreigners from owning land, one notable exception applies to land located within an industrial estate under the Industrial Estate Authority of Thailand Act of B.E. 2522 (1979), as amended. Under Section 44 of the aforementioned Act, foreign entrepreneurs are allowed to own industrial estate land to conduct business, […]

Continue Reading

Registering a Trademark in Thailand, Part 2

| May 23, 2012 | 0 Comments

The previous article discussed Section 6 of the Trademark Act of of B.E. 2534 (1991), as amended until B.E. 2543 (2000), which listed the criteria for determining whether a trademark was registrable. In short, Thai law allows for a trademark to be registered if it is distinctive, not prohibited by law, and not the same […]

Continue Reading

Registering Trademarks in Thailand

| May 17, 2012 | 0 Comments

The trademark is an important legal concept in the world of business and commerce. Trademarks allow companies to distinguish their goods and services from competitors and thereby enhance the goodwill of the public towards their particular brand. Accordingly, trademark law seeks to protect both consumers, by allowing them to identify the origin of products sold […]

Continue Reading

Abandonment of Business in Thailand (Article 1273/1)

| January 10, 2012 | 0 Comments

If the company fails to submit the financial statement three years in a row, there is a possibility that the officer might consider the company as abandoned and struck company’s name off the record. The step of strucking company’s name off the record is seen in article 1273/1 as read: “Where the registrar has reasonable […]

Continue Reading

BOI Feasibility Study for the Large Business Operation

| November 25, 2011 | 0 Comments

One of the basic criteria for BOI project approval with investment capital of over 80 million Baht is that the applicant must submit the project’s feasibility study as a Board requirement. The feasibility study is divided into 2 types based on the amount of investment capital. Note that the mentioned investment capital does not include […]

Continue Reading

Overview of a Corporate Income Tax in Thailand

| November 11, 2011 | 0 Comments

The term corporate income tax shall be applied to either business incorporated in Thailand or foreign business which generates an income in Thailand. A Thai company refers to a company incorporated under Thai Law while foreign company refers to a company incorporated under Foreign Law. Specifically, the term applies to the following business entity; a […]

Continue Reading