Thailand plays host to many international companies from both the United States and Europe. Many of them have registered trademarks in their home countries and in order to maintain international standards in Thailand, US firms would have to register their trademark in Thailand. This will give the company the protection against counterfeiting and infringement of...Read More
The Ministry of Commerce of the Department of Business Development has issued the Order of Office of the Company Limited and Partnership Registration 205/2555. The order states that entities planning to set up a partnership or a company limited in Thailand must submit certified bank statements declaring the financial standing of all Thai partners or...Read More
Thailand is one country in Asia that is bent in promoting the country to attract foreign investment. While maintaining their nationalistic stance, the government of Thailand has promulgated some legislative acts advancing the interests of foreign investors through the provision of tax incentives / relief for foreign businesses operating in Thailand and satisfying the prescribed...Read More
Thailand has raised its minimum wage from Baht 220 to Baht 300 since April 1, 2012. Such a move was aimed at increasing the spending power and to offset the high costs of living in the country. Since the effective date, all workers in Thailand will receive at least Baht 300 or approximately US$9.80 per...Read More
Hotel taxes in Thailand continue to baffle many property owners, given the volatility or new taxes that often seem to come and go. The surprising increase of the so called “local hotel tax” from 1% to 2% in Phang Nga Province resulted in fear among hotel business operators in other provinces of Thailand like Phuket, that they...Read More