Best Business Registration Lawyers in Khon Kaen

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lawyers for expats Thailand Co Ltd

lawyers for expats Thailand Co Ltd

Khon Kaen, Thailand

Founded in 2019
7 people in their team
 Lawyers for Expats Thailand has been set up to assist foreigners living in Thailand.We understand first hand the challenges and problems...
English
Thai

Thailand Business Registration Legal Questions answered by Lawyers

Browse our 7 legal questions about Business Registration 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 Registration Law in Khon Kaen, Thailand

Business registration in Khon Kaen, much like the rest of Thailand, is a key legal process for starting an enterprise. The law stipulates that every business, whether it is a limited company, partnership, or sole proprietorship must be registered under the Ministry of Commerce. This registration is imperative for legality, taxation purposes, and to maintain transparency in business transactions.

Why You May Need a Lawyer

The assistance of a lawyer could be necessary when conducting business registration in Khon Kaen because of the complexities involved in interpreting and applying the local laws. Lawyers provide expertise in areas such as filling of appropriate registration documents, understanding taxation laws and navigating through different administrative procedures. Furthermore, a lawyer can provide crucial support in situations like disputes or legal fights, helping to ensure that your business operations comply with local conditions and laws.

Local Laws Overview

In Khon Kaen, as per Thai law, all businesses are required to be registered. For foreign investors, the Foreign Business Act dictates necessary permits and licenses. Additionally, the city laws also necessitates businesses to have a VAT registration if the yearly income exceeds 1.8 million baht. Depending upon business nature, licenses pertaining to zoning approvals, environmental clearance, and public health may also be required. Furthermore, each business is legally bound to keep accounts as per the Revenue Code.

Frequently Asked Questions

1. Which body regulates business registration in Khon Kaen? Business registration is regulated by the Ministry of Commerce, Department of Business Development.

2. What are the requirements for a foreign investment? Foreign investments are governed by the Foreign Business Act which may require a Foreign Business Certificate or a Board of Investment promotion.

3. Do I need to pay to register my business? Yes, there are various registration fees depending upon the type of business structure.

4. Do I need an environmental clearance to start a business? An environmental clearance could be a potential requirement depending on the nature of your business and its possible impact on the environment.

5. Is VAT registration mandatory? A business earning over 1.8 million baht annually is required to have a VAT registration.

Additional Resources

The Department of Business Development, Ministry of Commerce and Board of Investment offers resources for starting a business. Guidance can also be taken from legal advisory firms experienced in Thai business laws.

Next Steps

If you need legal assistance in business Registration in Khon Kaen, it's advisable to hire a local lawyer who specialises in business laws. In the event of a legal dispute or contention during the registration procedure, having legal representation can help navigate through the legal landscape effortlessly.

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.