Best Business Lawyers in Pattaya
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List of the best lawyers in Pattaya, Thailand
J & C Law Pattaya
Free Consultation: 1 hour
Thai888 Law Company
Free Consultation: 30 mins
J & E Concierge
The Social Lawyers Co., Ltd. Thailand
THAILIVING LAW
Chartdee & Banning Lawfirm
Magna Carta Law Firm
Champ Law Firm
German-Thai Group
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Pattaya, Thailand Attorneys in related practice areas.
Thailand Business Legal Questions answered by Lawyers
Browse our 10 legal questions about Business in Thailand and the lawyer answers, or ask your own questions for free.
- What are the requirements for BOI promotion in Thailand?
- There are details and nuances, however, at the basic level, your company is eligible for BOI promotion if it meets the following criteria: The company is included in one of the eight eligible business categories The company performs eligible activities based on this category The company can meet the minimum capital investment sum The company is registered under Thai law The company meets all of the business requirements
- What are the benefits of registering a company in Thailand under the US-Thai Treaty of Amity?
- The US-Thai Treaty of Amity offers several advantages for U.S. corporate and individual investors to operate businesses in Thailand. There are two key trade advantages for investors: The Treaty permits U.S. nationals to retain either the majority of shares or all the shares of a Thai limited company or establish a Branch Office or Representative Office in Thailand without applying for a Section 17 Foreign Business License. U.S. nationals may operate a business in the same way as Thai nationals and are exempt from the majority of foreign investment restrictions as outlined in the Foreign Business Act.
- What benefits can my company enjoy under the Board of Investment (BOI) promotion?
- Once the company is BOI promoted, the following basic incentives may be granted: Exemption of corporate income tax Exemption of import duties on machinery Exemption of import duties on raw materials used in R&D Exemption of import duties on raw materials used in production for export Non-tax incentives
About Business Law in Pattaya, Thailand:
Business law in Pattaya, Thailand is based on the Thai legal system which is a blend of constitutional law, civil codes and business acts. The key areas related to business law include company incorporation, business licensing, taxation, foreign business act, labor law, intellectual property rights, and commercial contracts. Pattaya is a city that attracts many foreign investments, especially in the tourism and real estate sectors, hence commercial laws take center place with specific emphasis on foreign businesses and land ownership regulations.
Why You May Need a Lawyer:
Setting up a business, entering into contracts, dealing with employment issues, navigating tax laws, or resolving commercial disputes in Pattaya can be complex processes which may require professional legal advice. Additionally, due to specific restrictions on foreign ownership, foreign investors, in particular, may need expert legal guidance to ensure compliance with Thai law. Lawyers can also provide vital assistance in understanding local customs, language barriers, and protocols involved in business transactions.
Local Laws Overview:
Noteworthy laws affecting businesses in Pattaya include the Foreign Business Act which restricts certain business activities for foreign investors without government approval. The Land Law is also an essential law to understand as it forbids foreigners from owning land. However, there are still ways for foreign investors to legally secure their investments in real estate. For instance, they can lease or hold property through a limited company with majority Thai ownership. The Thai Civil and Commercial Code outlines business registration, partnership, and company laws, while the Revenue Code provides information about tax liability.
Frequently Asked Questions:
1. Can a foreigner own a business in Pattaya, Thailand? Yes, foreigners can own businesses but there are restrictions on certain types of business activities. 2. Can a foreigner buy property in their own name in Pattaya? No, Thai law prevents foreigners from owning land, though they can still lease land or own buildings. 3. Are there legal ways to structure business ownership to circumvent restrictions? Yes, through options like setting up a Thai Limited Company. 4. What are the tax obligations for businesses? Businesses are subject to corporate taxes on net profit, Value Added Tax (VAT), and specific business taxes. 5. What is the legal process for setting up a business? It involves company registration with the Department of Business Development, obtaining a Tax ID, and for certain businesses, obtaining a business license.
Additional Resources:
Organizations such as the Department of Business Development, Revenue Department, Thailand Board of Investment, and Thailand Property Lawyers can provide valuable information and resources. Online legal databases, including Thai Law Forum and Siam Legal, can also be useful for providing general law knowledge.
Next Steps:
If you require legal advice, it is advisable to consult with a reputable law firm specializing in Thai business law. It is essential to choose lawyers that are fluent in your language and have a clear understanding of business laws in Pattaya. They will guide you through every step of the process and help you meet all legal, financial, and commercial needs.
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.