What to know and do about bad debts in Thailand – Part II
Part II breaks down the three debt-amount categories under Thailand’s Ministerial Regulation No. 186 — and the escalating evidentiary and court-action requirements your company must clear before a Bad Debt can actually be written off.
Arbitration in ASEAN: Part One — What is arbitration?
Part One introduces arbitration as an alternative to slow, often unenforceable court proceedings in ASEAN — explaining why arbitration awards are hard to challenge and how the New York Convention makes them enforceable almost anywhere in the world.
Arbitration Under the “New Model” ASEAN Investment Agreement
A look at how the ASEAN Comprehensive Investment Agreement modernizes investor-State arbitration — limiting punitive damages, protecting public-welfare regulation from expropriation claims, and broadening enforceability under the New York Convention.
Can you turn an apartment or office building into a hotel or condominium?
Sitting on an underused office or apartment building in Bangkok or Phuket? Converting it into a hotel or condominium is more doable than you might think — here’s the Building Control Act process for changing a building’s permitted use.
Can your heir inherit your freehold condo . . . are you sure?
Leaving your Thai freehold condo to a foreign heir isn’t as simple as it sounds. If they don’t meet the Condominium Act’s foreign ownership criteria, they have just one year to sell — or transfer it themselves.
TIME TO REGULATE ESTATE AGENCY IN THAILAND? – PART TWO
Part Two looks at two real-world models for estate agency regulation — the U.S. National Association of Realtors’ self-regulating Code of Ethics, and Singapore’s government-run Estate Agents Act — as a roadmap for what Thailand’s currently unregulated estate agency industry could adopt.
Can your heir inherit your freehold condo? UPDATE
A favorable Land Department opinion may finally settle the long-running debate over whether a foreign heir can keep an inherited Thai condo without bringing in fresh foreign currency — but the legal ground is still not fully solid.
TIME TO REGULATE ESTATE AGENCY IN THAILAND? – PART ONE
What happens if an estate agent in Thailand lies, double-deals, cheats, or misrepresents? Part One examines why Thai estate agents aren’t legally regulated, clarifies their actual legal status as “brokers” rather than “agents,” and makes the case for professional oversight.
Capital gain . . . but more tax than your company bargained for
Selling company-owned land in Thailand isn’t taxed the way most people assume. And if you’ve ever considered under-declaring the sale price, the buyer ends up inheriting your tax liability too.