Property Taxes in Thailand. While Thailand doesn't have a traditional annual property tax system, there are still property-related taxes to consider, especially for foreign investors or those using their property for commercial purposes. Understanding the Landscape Thailand's property tax system revolves around two main categories: Building and Land Tax: This tax applies to both land […]
Thailand Villas. Thailand, renowned for its stunning landscapes, vibrant culture, and warm hospitality, beckons travelers from around the globe seeking an unforgettable escape. Amidst the allure of this tropical paradise lies a wealth of luxurious accommodations, including exquisite villas that offer the ultimate in comfort, privacy, and relaxation. Whether nestled along pristine beaches, perched atop […]
Buying Condo in Thailand. Thinking of owning a piece of paradise in Thailand? Condominiums (condos) offer a tempting option for foreigners seeking a sunny escape or a savvy investment. Here's a comprehensive guide to navigate the process of buying a condo in Thailand: Planning Your Purchase Location, Location, Location! Thailand boasts stunning beaches, bustling cities, […]
Servitudes in Thailand. When purchasing property in Thailand, especially land, encountering the concept of "servitudes" is likely. A servitude, also known as an easement, creates a legal right for one piece of land (the dominant property) to benefit from another piece of land (the servient property). Understanding servitudes is crucial to ensure you're not buying […]
Marriage in Thailand can be a complicated matter. It requires a lot of paperwork, verifications and compliance with the country's legal parameters. For foreigners, the first step is to take the affirmation and translated documents to your embassy in Bangkok to be authenticated. This will normally take two days. Legal Requirements The legal marriage is […]
Drafting a prenuptial agreement, also known as a pre-nup in Thailand is a useful tool to protect your assets against claims by debt collectors or from the legal system in the event of a divorce. TFL can assist in drafting a watertight prenuptial agreement that meets the necessary requirements. A prenuptial agreement must be in […]
Registering a company under the Thailand Board of Investment offers many tax and non-tax privileges. These benefits include an exemption of corporate income tax, a reduction of import duties for raw materials and a waiver of the requirement to hire four Thai employees per one foreign employee. In addition, BOI companies have the right to […]