Real Estate: Transactions and Taxation. Closed Training at Tom Yam Property Co., Ltd., Phuket
Many thanks for organizing and filming to the team of Tom Yam Property Co., Ltd. We are pleased with the acquaintance and cooperation.
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Real Estate: Transactions and Taxation. Closed Training at Indreams Co., Ltd., Phuket
Our first closed training in Phuket. We would like to thank the team of Indreams Co., Ltd. for an excellent event!
Real Estate: Transactions and Taxation. Closed Training at Lemandom Co., Ltd., Phuket
Corporate trainings are events with the highest level of effectiveness. Many thanks to the team of Lemandom Co., Ltd. We are glad to cooperate with professionals of this level.
Peer-to-Peer Lending in Thailand
Peer-to-peer lending (P2P or person-to-person lending) is a method of borrowing and lending money between equal parties without the involvement of a bank or other financial institution. Loans are provided online through lending platforms and creditworthiness assessment tools. Does P2P lending exist in Thailand? P2P lending has been officially allowed in Thailand since 29 April …
New Rules for Residential Property Rental
On October 31, the Contract Committee issued a notification declaring that the business of leasing residential properties is a Controlled Business. Background The first notification was published on February 16, 2018. It: The new notification introduces more flexible lease conditions for business operators. Scope of Application These rules apply only when the landlord is a …
Real Estate Transactions: Reduced Fee Rates at the Land Department
The government has introduced reduced fee rates for registering real estate transactions at the Land Department: The reduced property transfer fee applies only to: The new rules are already in effect and will remain valid until December 24, 2020. For inquiries regarding registration costs, please call: +66 87 348 5703.
TM30 and TM28: Registration of Foreigners at Place of Residence
Registration of foreigners at their place of residence in Thailand is governed by the Immigration Act of 1979. TM30 and TM28 Responsibilities According to Section 38 of the Act: According to Section 37: TM28 Requirements According to Section 37 (paragraph 3): According to Section 37 (paragraph 4): Example If you travel for the weekend from …
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DBD and Social Security: One-Stop Service
Starting from October 16, 2019, when registering a company with the DBD (Department of Business Development), the company will be automatically registered as an employer with the Social Security Office (SSO). The 13-digit company registration number (ID, which is also the tax number) will now also serve as the social security number. Background Previously, a …
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 …
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 …