If you working in Thailand you have to pay tax base on your salary or your minimum salary relate with your nationality
TAXABLE INCOME = Assessable Income - deductions - allowances
Deductions allowed for the calculation of Personal income tax
Type of Income
Deduction
a. Income from employment
b. Income received from copyright
c. Income from letting out of property on hire
1) Building and wharves
2) Agricultural land
3) All other types of land
4) Vehicles
5) Any other type of property
d. Income from liberal professions
e. Income derived from contract of work whereby the contractor provides essential materials besides tools
f. Income derived from business, commerce, agriculture, industry, transport, or any other (more...)
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Buy Thailand condominium: must check 49% rule restricting ownership of Thailand Condos by Foreigners
From April 2004, foreigners may not buy a condo in Thailand from a Thai person in a condo apartment building in which the over-all ownership by foreigners is more than 49% of the total number of units.
You could let TILALEGAL check for 49% rule restricting ownership for you please go to http://www.tilalegal.com/title-search-thailand.php our services to check condominium in Thailand will takes approx. 3-4 days only.
"In April, 1999, the original Thai Condominium Act was amended so that foreigners could buy a condo from a Thai person regardless of the number of units already owned by other foreigners. The limit prior to the change had been 49%. That old rule has been reinstated - as of April 2004, foreigners may not buy a condo from a Thai person in a condo apartment building in which the (more...)
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Please contact our legal team by email and provide a brief summary of your proposed business activities and requirements. We will review your enquiry and respond accordingly.
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