January 2014
Thailand’s land laws are undeniably restrictive to foreign ownership except for condominium properties. The Condominium Act of Thailand allows foreigners to purchase a condominium property within the prescribed limitations. But even as purchasing a condo is the easiest way for a foreigner to own a property in Thailand, if they are not careful, they might...
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The Thailand Revenue Code (Tax Law) spells out the terms of taxation imposed to businesses, individuals and properties in accordance with the provisions of Thailand Laws. Chapter 4 of said Revenue Code or Tax Law specifies the stipulations on Value Added Tax. Value Added Tax or VAT is an assessment tax which applies to all...
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