The EU’s Generalized System of Preferences and its impact on Thailand

September 3, 2024

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Ex. What happens if an estate agent in Thailand lies, double deals, cheats or misrepresents…? “Can you count on and trust every single estate agent in Thailand?”

Since 1971, the EU’s Generalized System of Preferences (GSP) allows developing countries easier market access to the European Union through tariff reductions. It is a unilateral measure by the EU and there is no expectation or requirement that this access is reciprocated by the countries concerned.

Other Publications

Your off‐shore entity’s rental income tax

The use of off‐shore entities, such as a company incorporated in the British Virgin Islands (“BVI”) to own real estate is not uncommon in...

A Thai government official’s opinion about the law does NOT mean that it is legally correct

In Thailand government officials are generally considered much more authoritative than in western countries. Thai culture also considers non‐conflict to be a virtue of...

The EU’s Generalized System of Preferences and its impact on Thailand

.

Ex. What happens if an estate agent in Thailand lies, double deals, cheats or misrepresents…? “Can you count on and trust every single estate agent in Thailand?”

Other Publications

Your off‐shore entity’s rental income tax

A Thai government official’s opinion about the law does NOT mean that it is legally correct

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