Thailand recently introduced the long-term resident visa (“LTR Visa”) to four categories of foreigners (“Eligible Foreigners”) who are wealthy global citizens (“WGC”), wealthy pensioners (“WP”), work-from-Thailand professionals (“WTP”), and highly-skilled professionals (“HSP”) and their spouses and children (“Dependents”).  The Notification of the Ministry of Interior Re: Approval for Some Categories of Foreigners to Reside in... Read More

Thailand recently introduced the long-term resident visa (“LTR Visa”) to four categories of foreigners (“Eligible Foreigners”) who are wealthy global citizens (“WGC”), wealthy pensioners (“WP”), work-from-Thailand professionals (“WTP”), and highly-skilled professionals (“HSP”) and their spouses and children (“Dependents”).  The Notification of the Ministry of Interior Re: Approval for Some Categories of Foreigners to Reside in... Read More

Starting from 1st September 2022, each holder of the Thailand long-term resident visa (“LTR Visa”) in the category of the wealthy global citizens (“WGC”), the wealthy pensioners (“WP”), the highly-skilled professionals (“HSP”) and his/her spouse (“Dependents”) can apply for a digital work permit (“DWP”) at the One Stop Service Center for Visa and Work Permit... Read More

Thailand has introduced the long-term resident visa (“LTR Visa”) to stimulate economic growth post the COVID-19 pandemic. The LTR Visa is offered to four categories of foreign nationals (“Eligible Foreigners”) who are wealthy global citizens (“WGC”), wealthy pensioners (“WP”), work-from-Thailand professionals (“WTP”), and highly-skilled professionals (“HSP”). Spouses and children (“Dependents”) of the LTR Visa holders... Read More

The main tax legislation applicable to FDI in Thailand is the Revenue Code (“RC”), which covers the following taxes:- (1)   Corporate Income Tax (“CIT”) CIT applies to businesses and legal entities registered in Thailand or registered abroad but operating a business in Thailand.  Except for SMEs, companies registered in Thailand pay CIT based on both... Read More