Showing 1 - 10 of 16
Inheritance of leasehold property in Thailand
Business, Tilleke & Gibbins International Ltd, Published on 16/10/2017
» With its beautiful beaches, scenic mountains and bustling cities, Thailand has long enjoyed a reputation as a popular tourist destination. At the same time, the country has also become an attractive hotspot for foreign nationals wishing to buy property.
Groundwork laid for public-private partnerships in solar energy
Business, Tilleke & Gibbins International Ltd, Published on 13/11/2015
» In August 2014, the Energy Regulatory Commission (ERC) announced a new scheme aimed at expanding solar power generation to meet the government's Alternative Energy Development Plan.
One-year visas for foreign condominium owners
Business, Tilleke & Gibbins International Ltd, Published on 31/10/2014
» Thai law allows foreigners — both foreign natural and juristic persons — who meet certain criteria to purchase and own condominium units in Thailand. This eligibility is, however, subject to the overarching directives of the Condominium Act, which stipulates two unwavering legal requirements:
Access and Innovation in Public Health: A Challenging Dichotomy
Business, Tilleke & Gibbins International Ltd, Published on 30/05/2014
» The patent system is designed to protect innovation and, in the same vein, offer an instrument guaranteeing that the fruits of innovation, such as genetic profiling, pharmacokinetics, and gene therapy, will be beneficial for all groups in society.
Thailand’s customs reward system: the slow march towards reform
Business, Tilleke & Gibbins International Ltd, Published on 16/05/2014
» In recent years, Thailand’s customs regime has come under increased international and domestic scrutiny. One reason is that Thailand remains one of the few countries that presume strict criminal liability for importers and their representatives, even where an under-declaration of customs duty is the result of a mistake and/or negligence.
Making a Hotel Acquisition in Thailand: Protecting your Future Assets
Business, Tilleke & Gibbins International Ltd, Published on 11/04/2014
» Thailand is a popular tourist destination and, to many of those with an entrepreneurial spirit, it is an attractive country in which to operate a hotel business. Phuket, for example, is a bustling tourist hotspot and sees some of the highest levels of foreign investment in the hotel industry.
Real estate investment trusts in thailand
Business, Tilleke & Gibbins International Ltd, Published on 13/12/2013
» The evolution of real property financing in Thailand _ from primarily bank loans to rigid property funds to the proposed real estate investment trusts (REITs) _ reflects the liberalisation of the Thai market, the need for alternative funding options, and the need for the country to maintain its regional competitiveness.
Inheritance of condominium units by foreigners in Thailand
Business, Tilleke & Gibbins International Ltd, Published on 01/11/2013
» Condominium units are valuable properties that owners often wish to see passed on to their heirs upon their death. In Thailand, there are a significant number of foreign condominium owners, many of whom are uncertain about property inheritance laws. This article will explore some of the pertinent issues surrounding inheritance by foreigners of foreign-owned condominium units.
Thailand paving the way towards an Innovation-Driven economy
Business, Tilleke & Gibbins International Ltd, Published on 18/10/2013
» Industry Minister Prasert Boonchaisuk recently reiterated the government's determination to continue promoting the Thailand Creative Economy initiative. In an attempt to rally support for Thailand's transition to an innovation-driven country, he used rousing words such as "creative" and "sustainable" to describe his latest strategy. A three-stage, 20-year plan is now being drawn up, but it is not without its challenges.
Licensing exemptions for foreign securities firms
Business, Tilleke & Gibbins International Ltd, Published on 23/08/2013
» The Stock Exchange of Thailand has taken many steps in recent years towards gradual liberalisation of the country's capital market. For example, more foreign products are now permitted to be offered to Thai investors. This includes qualifying foreign exchange-traded funds, qualifying Asean Collective Investment Scheme and foreign-listed stocks with the intention of secondary listings on the SET. Exchange-control rules have also been relaxed, allowing Thai investors _ both institutions and high net worth individuals _ to invest in foreign capital markets.