Best Business Lawyers in Surat Thani

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Fairfax Accounting Firm Company Limited

Fairfax Accounting Firm Company Limited

Surat Thani, Thailand

Founded in 2021
2 people in their team
Accounting Services Koh Phangan from our team of experienced finance and accounting professionals, providing affordable solutions. Our specialists...
English
Thai
Samui Law Firm Co Ltd

Samui Law Firm Co Ltd

Surat Thani, Thailand

Founded in 2014
5 people in their team
Clarity and understanding should be the cornerstone of any business however, we know that Koh Samui draws the attention of all sides of our society...
English
Thai
PllK Samui Law & Business

PllK Samui Law & Business

Surat Thani, Thailand

Founded in 2017
4 people in their team
Welcome to PllK Samui Law and BusinessPllK Legal is an international law firm based in Samui providing legal services in Thailand with professional...
English
Thai
Fairfax Law Firm Company Limited

Fairfax Law Firm Company Limited

Surat Thani, Thailand

Founded in 2020
5 people in their team
About Fairfax Law FirmHere's a little information about Fairfax Law Firm. We are based in Koh Phangan, Thailand and are a team of licensed lawyers,...
English
Thai

Thailand Business Legal Questions answered by Lawyers

Browse our 11 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?
Business
Business Registration
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?
Business Registration
Business
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?
Business
Business Registration
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 Surat Thani, Thailand

Surat Thani, a city located in Southern Thailand, is known for its thriving business environment. As such, business law here is a blend of traditional Thai laws and modern international standards to manage growing trade, partnerships, and enterprises. Business law primarily focuses on the establishment of companies, agreement drafting, registrations, patents, copyrights, mergers, acquisitions, and tax regulations.

Why You May Need a Lawyer

Doing business in a foreign country brings unique challenges and Thailand is no exception. You may need a lawyer for numerous reasons including the formation of your business, compliance with local regulations, understanding local labor laws, drafting contracts, acquisition of another company, disputes, and bankruptcy. A local lawyer provides valuable support, ensuring that your business aligns with local and national regulations while navigating through the complexities of Thai legal system.

Local Laws Overview

Local laws in Surat Thani are primarily governed by the Thai Civil and Commercial Code. Key issues covered include starting a business, labor laws, contracts, property, and taxation. There are varied forms of business organizations as per the code - sole proprietorship, partnership, limited companies or joint ventures. Thailand also has strict labor laws that cover working hours, payment, welfare, and termination procedures. Any breach of these laws can result in severe penalties, hence it's crucial to adhere to them.

Frequently Asked Questions

1. Can a foreigner own a business in Surat Thani, Thailand?Foreigners can own businesses in Thailand but certain restrictions may apply in terms of the percentage of foreign ownership. Typically, companies require a certain number of Thai shareholders.

2. What is the basic corporate income tax rate in Surat Thani, Thailand?The standard corporate income tax (CIT) rate is 20%, although it varies depending on revenue and the nature of the business.

3. Are foreign employees allowed to work in Surat Thani?Yes, foreign employees are allowed to work in Surat Thani but they must obtain a valid work permit and visa.

4. What are the regulations on business hours in Surat Thani?Business hours are typically 8 hours a day and 48 hours a week. Overtime is subject to additional pay and consent.

5. How can a business dispute be resolved in Surat Thani, Thailand?Business disputes are usually resolved through litigation in court, but alternative dispute resolution methods such as arbitration and mediation are also common.

Additional Resources

For extra help, turn to resources such as the Department of Business Development, Thailand's Board of Investment, Office of the National Anti-Corruption Commission, Department of Employment, and Office of the Legal, Council of State. These organizations provide significant resources related to business law, labor, corruption, dispute resolution, and more.

Next Steps

If you need legal assistance in business, the first step is consulting a local lawyer who is experienced in business law. They will guide you through the laws applicable to your situation and advise on your rights, obligations, and best course of action. It's advisable to engage a local lawyer who understands the language and legal landscape in Surat Thani.

Disclaimer:
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.