As a foreigner doing business in Thailand or investment in Thailand, after you register company in Thailand, have you ever asked yourself, "What are the legal issue related to starting business in Thailand? "What are the steps I need to take to fire and/or lay off staff in Thailand after starting a business inThailand?
Termination Situations
There are only three common employee termination situation in Thailand after Thailand business registration completed:
Layoffs;
Firing staff for underperformance; and
Firing staff for gross misconduct.
In each of these situation, keep in mind that the reason given for the termination is very important. This is because it affects the employer's potential liability.
Thailand Severance Calculation Summary
Employee worked consecutively in Thailand (more...)
Tag
05 February 2012
03 February 2012
If you working in Thailand you have to pay tax base on your salary or your minimum salary relate with your nationality
TAXABLE INCOME = Assessable Income - deductions - allowances
Deductions allowed for the calculation of Personal income tax
Type of Income
Deduction
a. Income from employment
b. Income received from copyright
c. Income from letting out of property on hire
1) Building and wharves
2) Agricultural land
3) All other types of land
4) Vehicles
5) Any other type of property
d. Income from liberal professions
e. Income derived from contract of work whereby the contractor provides essential materials besides tools
f. Income derived from business, commerce, agriculture, industry, transport, or any other (more...)
Buy Thailand condominium: must check 49% rule restricting ownership of Thailand Condos by Foreigners
03 February 2012
From April 2004, foreigners may not buy a condo in Thailand from a Thai person in a condo apartment building in which the over-all ownership by foreigners is more than 49% of the total number of units.
You could let TILALEGAL check for 49% rule restricting ownership for you please go to http://www.tilalegal.com/title-search-thailand.php our services to check condominium in Thailand will takes approx. 3-4 days only.
"In April, 1999, the original Thai Condominium Act was amended so that foreigners could buy a condo from a Thai person regardless of the number of units already owned by other foreigners. The limit prior to the change had been 49%. That old rule has been reinstated - as of April 2004, foreigners may not buy a condo from a Thai person in a condo apartment building in which the (more...)
Pagination
Please feel free to contact us for a free consultation with our English-speaking lawyers. Give us a call or complete the form below and press submit, we guarantee to respond within 24 hours.
Call Us +66 (0)2-662-2077
For a FREE No Obligation Consultation
Please Contact Us Today
|
||||||||||||
|