Blog
01 February 2013
In the previous article (‘Mindfields’) I spoke about the importance of following the protocol and procedures of company registration in Thailand and I gave an example of how, not following it, can have severe consequences or implications. In the case of me it was tax avoidance. Under the laws that govern the company registration process in Thailand every business that is approved for operation has to meet a certain list of requirements and criteria. Essentially this begs the question that can these rules be bent or even broken considering corruption is quite rife in Thailand? Based on my experience the answer is that the rules can definitely be bent and even broken. After all, how could (more…)
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18 January 2013
Sadly I have to admit that I am not in a position yet to be lucky enough to experience marriage in Thailand. Sure, I’ve read and heard all the horror stories about dowries and how most foreign-Thai marriages end in divorce but to me marriage is still magical. I am not sure why I feel like this but I have from a very young age. I guess marriage in Thailand to someone you love should be a life lasting bond, this means that you should obviously be very carefully about who you settle down with but at least you can get divorced if things sadly do not work out.
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10 January 2013
My friend is desperately sad as he is going through a particularly bad divorce with his wife of five years. He seems to think I have all the answers yet I have not even been married. All I can do in this situation is listen and try to be as sympathetic as I can. A divorce happens for mutual reasons and is only granted on the fact that both parties agree to it, at least that is how divorce in Thailand work anyway. I have realised that there are many stages to a divorce; the first is anger as my friend was angry that the divorce was happening to start with. Then he started to reason with his partner, then he tried denial and then finally he had no choice but to accept her wishes (more…)
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04 January 2013
Many companies decide to have offices in the Asiatic region and many companies choose Thailand as the place to do it but what motivates them to do this? Many companies now are seeing Singapore and the like as a more attractive venue for an office due to the red tape of having a business in Thailand and also the obvious reasons such as the high amount of corruption. There are also tales of staff being employed who are not qualified or companies taking advantage of the corruption to ensure their own survival which would obviously put in to question the actual legality of the company to start with.
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02 January 2013
Welcome back to the second article discussing the five step PLC process. For those who are unaware or did not read the first article. This article series will briefly describe the first step process needed for anyone who is register company in Thailand and wishes for it to be a PLC. In the first article we discussed the various steps needed which makes up registering a company in Thailand but the second part will discuss what is probably the most important part, setting up the company so that it is legally registered in terms of tax. (more…)
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