A Thai work permit is a legal document allowing foreign nationals to work legally in Thailand. Governed by the Foreign Employment Act B.E. 2521 (1978), the process involves strict compliance with regulations to ensure eligibility. Employers and employees must work together to complete the application process effectively. 1. Who Requires a Work Permit? Foreign Nationals […]

Escrow accounts in Thailand provide a secure mechanism for managing funds or assets during transactions, particularly in real estate and business deals. By involving a neutral third party, escrow services ensure that both parties fulfill their contractual obligations before funds or property are exchanged. 1. What is an Escrow Account? An escrow account is a […]

The Foreign Business Act (FBA), established in 1999, regulates foreign business activities in Thailand. Designed to protect Thai industries, the FBA limits foreign ownership and controls the operations of foreign companies within specific sectors. For foreign investors, the FBA sets clear restrictions on direct ownership, especially in industries deemed critical to the country’s economy, culture, […]