Sukhothai Inter Law - Property Lawyer Koh Samui

  In recent years, the importance of data privacy has surged globally, compelling countries to strengthen their data protection frameworks. Thailand is no exception, with the Personal Data Protection Act (PDPA) setting a robust legal foundation for data privacy. For businesses operating in Thailand, especially in bustling regions like Bangkok, Koh Samui, and Phuket, understanding these laws is crucial to ensuring compliance and avoiding hefty penalties. Overview of Thailand’s Personal Data Protection Act (PDPA) The PDPA, which came into full effect in 2022, is Thailand’s first consolidated data protection law. It closely mirrors the European Union’s General Data Protection Regulation (GDPR), underscoring the significance of protecting personal data. The PDPA applies to all businesses, regardless of size, that handle personal data within Thailand or of Thai citizens. Key Provisions of the PDPA Consent : Businesses must obtain explicit consent from individuals before collecting, using, o

  As a leading law firm in Thailand, Sukhothai Inter Law and Business Co., Ltd. is committed to providing comprehensive legal services to clients throughout Southeast Asia. With offices in Bangkok, Pattaya, and now Koh Samui, our experienced team is well-equipped to assist businesses in navigating the complexities of corporate tax in Thailand. In this article, we will delve into the essential aspects of corporate taxation in Thailand, offering valuable insights for businesses and investors. Understanding Corporate Tax in Thailand Corporate tax in Thailand is a crucial consideration for both local and foreign businesses operating in the country. The Revenue Department of Thailand administers the corporate income tax (CIT), which applies to both resident and non-resident companies earning income in Thailand. The standard corporate tax rate in Thailand is 20%, but there are several factors and incentives that can affect the actual tax burden. Tax Residency and Scope of Taxation A company

Thailand’s commercial real estate market is burgeoning with opportunities, attracting both local and international investors. Cities like Bangkok, Pattaya, Phuket, and Koh Samui have become hotspots for commercial property investments. Whether you are looking to invest in retail spaces, office buildings, or industrial properties, understanding the intricacies of this dynamic market is crucial. This article delves into the opportunities and challenges of commercial real estate in Thailand, offering insights for potential investors. Opportunities in Thailand’s Commercial Real Estate 1.  Booming Tourism Industry Thailand’s tourism sector plays a significant role in driving demand for commercial real estate. Cities like Phuket and Koh Samui are renowned for their stunning beaches and vibrant nightlife, making them prime locations for hospitality investments. Hotels, resorts, and vacation rentals offer lucrative returns, supported by a steady influx of tourists year-round.

Thailand is an attractive destination for foreign investors, thanks to its strategic location, growing economy, and favorable government policies. One of the most effective ways for foreign companies to enter the Thai market is through joint ventures. This article explores the legal framework and key considerations for establishing joint ventures in Thailand, offering insights for businesses looking to leverage this business model. Understanding Joint Ventures in Thailand A joint venture (JV) is a business arrangement where two or more parties come together to undertake a specific project or business activity. In Thailand, JVs can take various forms, such as partnerships or limited companies. The choice of structure depends on the nature of the business, the level of foreign ownership, and the specific goals of the parties involved. Legal Framework Governing Joint Ventures Foreign Business Act (FBA) The primary legislation governing foreign investments in Thailand is the Foreign Busine

  Thailand is a burgeoning hub for real estate development, attracting investors and developers from around the globe. Whether you are considering a new residential project in bustling Bangkok, a luxury resort in scenic Koh Samui, or a commercial venture in vibrant Phuket, understanding the intricacies of Thai property law and strategic planning is essential for success. This comprehensive guide will navigate you through the key aspects of real estate development in Thailand, ensuring your project not only complies with local regulations but also thrives in this dynamic market. The Growing Appeal of Thai Real Estate Thailand’s real estate market offers a blend of stability, growth potential, and diverse opportunities. The country’s strategic location, robust infrastructure, and thriving tourism sector make it an attractive destination for property investment. From beachfront villas in Phuket to high-rise condominiums in Bangkok and serene retreats in Koh Samui, the options are limitles

In recent years, Thailand has emerged as a significant hub for mergers and acquisitions (M&A) in Southeast Asia. With its strategic location, robust economy, and supportive government policies, Thailand offers attractive opportunities for both local and international investors. However, navigating the legal landscape of M&A in Thailand requires careful consideration of various legal, regulatory, and cultural factors. Understanding the Legal Framework The legal framework governing M&A in Thailand is primarily based on the Civil and Commercial Code (CCC), the Public Limited Companies Act, the Securities and Exchange Act, and the Foreign Business Act. Additionally, sector-specific regulations may apply, depending on the industry involved. Key Legal Considerations: Regulatory Approvals and Compliance : Foreign Business Act (FBA) : Foreign investors must be aware of the FBA, which restricts foreign ownership in certain business activities. Obtaining the necessary approvals from

  In today’s global economy, protecting intellectual property (IP) is crucial for businesses of all sizes. Whether you’re a start-up, a growing enterprise, or an established corporation, safeguarding your IP assets ensures that your innovations, brands, and creative works are protected from infringement. Thailand, with its dynamic market and strategic location in Southeast Asia, presents numerous opportunities for businesses. However, navigating the complexities of intellectual property law in Thailand requires a comprehensive understanding of the legal landscape. In this article, we’ll explore the essential steps for businesses to protect their intellectual property in Thailand. Understanding Intellectual Property in Thailand Intellectual property in Thailand is governed by various laws and regulations, including the Trademark Act, the Copyright Act, the Patent Act, and the Trade Secrets Act. These laws provide protection for trademarks, copyrights, patents, and trade secrets, respect