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Obtaining a Yellow House Registration Book

According to new legislation, having a Yellow House Registration Book may significantly reduce property taxes starting from 2020. Conditions for Obtaining a Yellow House Book (with a foreign owner’s name included) You must be staying in Thailand on a long-term visa, such as: Required Documents Additional Documents to Prepare Additional Requirements Author: Alexandra Agapitova.All rights …

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Labor Protection Law in 2019

Amendments to the Labor Protection Act came into force on May 5, 2019. It should be noted that the new rules make life more difficult for employers, while employees gain more rights and protections. 1. Penalties for Late Payments to Employees Penalties apply for delays in payment of: The employer must pay a penalty of …

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Online Transfers Over 50,000 Baht

The Thai government has approved a draft law proposed by the Anti-Money Laundering Office (AMLO), under which electronic transactions exceeding 50,000 THB will be subject to monitoring, according to The Nation Thailand. Background In accordance with international standards, Thailand currently does not comply with 17 requirements related to the prevention of money laundering and terrorist …

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Defamation Law. Part Two

In Part One of this article, we discussed the provisions of the Criminal Code related to defamation. In this part, we will review other applicable laws. Computer Crime Act The following actions: are punishable by: Publishing in a publicly accessible computer system an image of another person that has been: in a way that is …

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Defamation Law in Thailand. Part One

“Defamation is the dissemination of discrediting information that may not necessarily be false, or bringing shame through publication; an act recognized in criminal law as an offense similar to libel, but differing in two key aspects: Defamation involves the publication of disgraceful facts in print, whereas libel may be committed in print, verbally (publicly), or …

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New Land and Building Tax

The new Land and Building Tax Act came into force on March 13, 2019 and will be applied starting January 1, 2020. The law changes many provisions of the previous version (see earlier articles on Land and Building Tax in Thailand and payment deadlines — valid until the end of 2019), and also introduces amendments …

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Local Land Tax in Thailand

While awaiting the introduction of the new property taxation system in 2020, we would like to remind you about the Local Maintenance Tax on land without buildings, which remains in effect until the end of the year. If your auditor calculates small taxes at the end of the year for a company that is not …

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