Thailand Visa Overstay: You Overstayed for 2 Weeks. What to do?

In your situation, where you’ve overstayed your tourist visa in Thailand by two weeks but wish to extend your stay, it’s important to approach this matter carefully and correctly. Here’s what you should know and do: Addressing the Overstay First and foremost, it’s vital to understand that overstaying a visa is a legal issue, but … Weiterlesen

Transferring Large Sums of Foreign Currency to Thailand Bank Account

The most common reason why foreigners want to transfer large sums of foreign currency to Thailand is because they want to purchase a condo. SWIFT Transfer to Kasikorn or Krungsri Bank FCD You can open an FCD (Foreign Currency Deposit) account with Kasikorn bank or Krungsri bank. This allows you t keep USD (or other … Weiterlesen

Zinssätze der Banken in Thailand

Thailand’s banking industry has been in the spotlight recently due to the country’s central bank raising its benchmark interest rate for the first time in nearly four years in August 2022, and for the fifth straight time in March 2023. With inflation soaring and the need to return it to target, the central bank has … Weiterlesen

Foreign Business License (FBL) in Thailand: Essential Guide for Entrepreneurs

Navigating the business landscape in Thailand can be complex, especially for foreign investors and entrepreneurs. One crucial aspect to consider is obtaining a Foreign Business License (FBL) in Thailand, which is governed by the Foreign Business Act. This piece of legislation outlines the restrictions, requirements, and procedures for foreigners wishing to operate a business in … Weiterlesen

Virtual Office Bangkok: The Future of Work

In today’s fast-paced world, traditional office spaces can sometimes be limiting. They require long-term leases, expensive rent, and a physical presence at all times. For many businesses, this is simply not practical. That’s where virtual offices come in. The rise of virtual offices has revolutionized the way businesses operate, and Bangkok is at the forefront … Weiterlesen

Demystifying Withholding Tax in Thailand

You may have heard about withholding tax in Thailand. Understanding what it is and how it works can help you stay compliant with the law, avoid penalties, and manage your finances efficiently. This blog post will explain the basics of withholding tax in Thailand, including the rates, calculation methods, deadlines, and penalties. What is Withholding … Weiterlesen

Visa Extension in Thailand

If you’re planning on staying in Thailand for an extended period of time, it’s important to know how to extend your visa. Failing to do so could result in fines, imprisonment, or even deportation. In this article, we’ll discuss the process and costs of renewing your visa, which documents you’ll need, and other helpful information. … Weiterlesen

BOI Thailand

Are you an entrepreneur looking to start a business in Thailand? Then you might want to consider working with the Board of Investment (BOI) Thailand. In this article, we will explain what the BOI is, why it is set up, who it is for, how it can help entrepreneurs who want to start a business … Weiterlesen