CHIANGMAI HOME & PROPERTY 

                                    

  Thailand Real Estate

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Shipping Household & Personal Clearing agent

English/Thai Law Office

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Bangkok Lawyer

 

Shipping to & from Thailand & transport services

Sourcing products in Thailand

Pattaya shipping in & out of Thailand

 

 

BANGKOK OFFICE:  We have both foreign advisers and International lawyers for  overseas companies wishing to set up in Thailand.-- International Legal consultants and law office. Lawyers in Bangkok and Thailand. We have Fully qualified Barristers and solicitors; lawyers who also speak English to assist foreigners in Thailand & overseas companies and corporations.  We   advise local and foreign International corporations doing Business in Thailand, and individuals involved in Thailand companies whether it be company; visas to marital problems. We offer full services from litigation to company setups; Read individual law specialties & how we can assist you  

Easy quick check service. We arrange a full service for foreigners from worldwide whether it be China, Korea to USA, UK, EU with our

ONE STOP SHOP SERVICE 2018.

25 YEARS IN THE REAL ESTATE BUSINESS IN CHIANGMAI WITH FOREIGN

& THAI STAFF WE SPECIALIZE IN ASSISTING FOREIGNERS AND THAI

IN EVERY FACET OF BUYING PROPERTY IN THAILAND TO PROTECTION & INSURANCE

MAKING YOU FEEL AT HOME. OUR NEW APPROACH IS A SAFEGUARD

LEASE, SELL TOP END PROPERTIES, FACTORIES, SPECIALIZING IN COMMERCIAL PROPERTIES TO RESORTS; HIGH END HOMES & LAND PLUS FACTORIES & CAN SOLVE YOUR PROBLEMS IF YOU BUY YOURSELF USING OUR LAW SERVICES.

We offer excellent rates for companies, work permits, visas, property law, marriage, taxation, international help, leases, litigation & all law services plus we specialize in assisting the foreign community. Our lawyers speak English so please ask us any questions and compare our prices. 2018 we have another lawyer in Bangkok again an experienced Thai lawyer.  We also use experienced foreign English consultants. 

OUR NEW BANGKOK LAW OFFICE IS OPEN IN Chiangmai ---both speak English and are well conversed in all fields of law, conveyancy etc.   NOW OFFER FULL LAW SERVICES & WE SPEAK ENGLISH. Just email us:

 

Visas, work permits, all company formation
Accountancy services, taxation
Marriage/ divorce services & Immigration
House registration, leases, land titles & contracts

Litigation, civil, copyrights

Government licenses
Partnerships, tax ID, VAT certs
Amity Treaty company, Branch Offices, BOI.
Translations & many other law services
Translations & many other law services

Introducing our Accounting and tax services to all Foreign Businesses in Chiangmai and Thailand. We have excellent accountants who speak English and we offer all foreigners living in Thailand our services. What we offer.

If you are setting up a Thai Company or Limited partnership or accounting help it is vitally important to have a good accountant who you have confidence in and can provide the valued services you require. Over the years many foreigners have had to use Thai accountants who cannot speak English. Will this has changed and we now offer you comprehensive services covering all Thailand Accountancy practices just for you. Not only that we are the only company that can provide everything from Law to exports to taxation to Real Estate and banking assistance  from one house.

USUFRUCT OR SUPERFICIES THE BEST  

Usufruct Interest (Sidhi-kep-kin) - gives you temporary ownership rights to structures on or arising from the land. In practice, a usufruct is limited to a 30 year maximum period; like leases, the agreement can be successively renewed. In contrast to a lease, a usufructury interest can be sold or transferred, although it expires upon the death of the holder of the usufruct and therefore cannot be inherited. This is better than a lease which by law can only be for a period of 30 years.

LEASE COSTS & WHAT YOU WILL PAY: 

The cost of the lease is approx 1% of the purchase price separate from the house purchase price and this is a one off payment so with filing fee for a 3m baht home look at approx 33,000 baht. Lawyers transfers costs etc and to register at the land office can be anywhere from 25-50,000 baht depending on the complexity of the sale and work to be done plus where the location is if outside Chiangmai etc. BUT REMEMBER BANGKOK CHARGES ARE DEARER THAN SAY CHIANGMAI

PAYMENT:

A deposit of 10- 30% is usually required to secure a property and total payments should be made within 30-60 days (see your lawyer first) but normally once the transfer has gone through. If signing a purchase agreement then up to 30% down & 70% following transfer. Normally the seller will pay the changeover tax which starts at 2.5%. However if the seller has owned the house longer than this [period it is discounted. Some Land Offices will charge up to 8% depending on the area and office. An agreement can be made between buyer and seller than each pay 50%. You can obtain longer periods but you will probably be required to pay a higher deposit. Deposits are normally non refundable, except by default of the vendor, so bear in mind that once the deposit is placed you are committed.

Our Main services :

1. Accounting system setup, implement application.

2.Tax consultant and compliance.

3. Provides monthly accounting (Bookkeeping and issue monthly reports in English)

4. VAT refund.

5. Internal Audit Services.

6.Tax and social insurance certificates.

7. Financial projects to Banks.8. We Distribute and sell accounting programs.

9.  Email consultations & help line

Accounting and Tax change 

The Revenue Department provides guidelines on and examples of the treatment of withholding tax and VAT on payments of fees, i.e.

(1) Fees related to customs clearance substantiated by in the name of the owner of the goods;
(2) Service fees of the shipping agents; and
(3) Expenses without receipts incurred in the name of the owner of the goods and traditional expenses which the owner accepts have actually been incurred.

The Revenue Department provides that fees in items (2) and (3) are subject to withholding tax and VAT, while fees under item (1) are not subject to withholding tax and VAT.
The Instruction indicates that the owner of the goods should be allowed to treat the fees under items (2) and (3) charged by shipping agent as tax deductible expenses, while the fees should be treated as taxable income of the shipping agents.
However, it is observed that the Instruction does not indicate whether receipt-less traditional expenses which the own accepts were actually incurred will be tax deductible. Therefore, the manner in which shipping agents should treat such expenses for tax purposes is uncertain.

 

Social insurance 

The assessable maximum salary of Bht. 15,000 per month remains unchanged and therefore the maximum monthly employer's contribution will increase from Bht. 450 to Bht. 600. Employee's maximum contributions will also increase to Bht. 600 per month.

New royal decrees were issued to provide an extension of time to the period for tax exemption on the debt restructuring process and on partial business transfer, as well as
another year's extension to the period for the reduction of the SBT rate from 3.3% to 0.11%.
The Revenue Department has expanded the tax base for the exemption from personal income tax from Baht 50,000 to Baht 80,000, commencing in the tax year 2003. Tax exemption is also provided for the sale of a main residence to purchase a new one. Two Departmental Instructions on the surcharge and penalty counting period and withholding tax sale promotions were issued as guidelines for Revenue officers.

BOI amended its Notification on the "Regional Headquarters" business category. The Board of Investment (BOI) notified an amendment to business category 7.9 by substituting the previous reference to "Regional headquarters" with "Regional Operating Headquarters". Together with the substitution of the business category, the BOI has also changed the entire set of conditions for qualifying for the business promotion in order to be congruent with those of the Revenue Department.


VAT on selling goods to a supplier in an export processing zone


A Company situated in an export processing zone purchased parts and stored them in its warehouse which was situated in the same export processing zone. The Company had not yet made payment for the parts. The seller cleared customs duty and delivered the parts to the export processing zone. The VAT rate is 0%. When the Company wished to use any of the parts, it only paid the price of the quantity required. The Revenue Department considered that this was an export of goods which qualifies for the 0% rate of VAT and that the liability to VAT arises on the date the domestic goods are brought into the export processing zone. When the Company took some parts from the warehouse for the manufacture of goods, this was regarded as bringing the goods for use in its own business and not regarded as being a sale of goods. The invoice issued by the seller is for payment purposes. The seller is not required to collect VAT again.


VAT on the compensation of goods


A company has set a warranty standard on claiming goods. When it receives complaints from customers, it then sends an officer to investigate and check the goods. If it appears that the Company is liable as a manufacturer even though the sale is made by distributors to the customers, new goods of the same quality and quantity will be sent to substitute for the damaged goods. The Company understood that since this is regarded as bringing goods to use in its own business, no VAT liability would arise. However, the Revenue Department takes a different view, that this transaction is regarded as a sale of goods, and that the Company is liable to collect VAT from the customer.

Changing goods under warranty contract


A company has a policy on the warranty of goods such that if the goods sold by the Company are damaged within the period of the warranty, a customer can make a claim for new goods. The Revenue Department ruled that the sale of goods under a warranty contract whereby the Company will replace the goods damaged in the warranty period is regarded as bringing the goods for use in the manufacture of goods, provision of service, management of business or as the benefit of the property the Company has for carrying on its business, which is not regarded as the sale of goods. Therefore, it is not subject to VAT under section 77/2 of the Revenue Code.

 

Public utilities expenses for the real estate business are not capital expenditure

A company is a real estate developer in the business of land appropriation and sale of houses. The Company had constructed public utilities on its land by which the land and the public utilities had not yet been transferred to anyone or for public benefit. The Revenue Department took the view that the construction expense was a disallowable expense in the CIT calculation according to Section 65 ter (5). The public utility expenses of the Company's permitted project i.e. road, side-walk, electricity system, water system, bridge, waste-water treatment and lake were expenses which the Company paid for the direct benefit of the land and houses in the permitted project. These expenses would increase the value of the land and houses in the Company's permitted project and benefit the Company's business directly; they are the Company's assets and treated as the Company's capital. The expenses, therefore, are a non-deductible expenses under Section 65 ter (5) of the Revenue Code. Instead, the Company is required t o deduct wear and tear and depreciation of such properties in accordance with Royal Decree No.145 B.E.2527 (1984).

 

Thailand's tax system is self-assessment.

Directors are responsible for compliance with the Revenue Code and preparation/submission of complete and accurate tax returns. In addition, resources are stretched as companies are focusing on their competencies: activities that create value for the company. The result is limited resources available for tax compliance. We can assist you with managing your regulatory compliance needs.

Our services include:

  Tax process and Management Services.
  Value Added Taxation (VAT)
  Taxation Compliance Review,
  Taxation Outsourcing 

 

NO HIDDEN COSTS TOTAL DISCRETION WITH OUR FOREIGN PARTNERS. IN BUSINESS OVER 25 YEARS.

 

EMAIL US TODAY FOR DETAILS

 

 

 

Welcome to -----ChiangMai, Thailand's  foreign / Thai Real Estate company offering you real estate services all over Thailand

 

 

 

 

 

 

Want that house or condo to retire in, look no further. We help you lease, rent OR BUY houses, land, businesses or condo complexes at the price you want to spend and make sure your contract is made the way you want it. We have teamed up with a complete service advertising package & 2 top Law Offices in Bangkok & ChiangMai for the delicate work. We work throughout Thailand in from Phuket, Rayong, Pattaya, Bangkok, Chiangmai, Chiangrai & NE whatever one wishes to purchase even BOI--Board of Investment

WHAT WE OFFER :

   FREE advice line
   Company setup and complete law services
  Ongoing service that no one else provides

    House Inspection & maintenance reports

    Title searches on every sale & total honesty
    Utility setup to assist you & No hidden costs
    Total security for your household & the best of all
    Foreign consultant working with our Thai Law Office
    Bangkok- Thailand Real Estate Brokers assoc member
    Buy off us and we help you secure your property
    Secure your yellow book & assist in complete ownership

Please email us anytime for FREE help

EMAIL US TODAY FOR DETAILS

 

Whether it is buying, selling, renting or leasing all kinds of properties, businesses, land and condominiums right to Commercial properties, we have something for you including our own Thai lawyer.offer full law services from ChiangMai to Bangkok to Phuket.   

 

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COMPANY INDEMNITY: Our Company does not conduct conveyancy of property sales, title searches and lease agreements as we use our Law Office to do these. If you do not have a lawyer then we can advise you & recommend one. All conveyancy procedures in Thailand should be conducted by a qualified Law Office and we do not advise you to use any of our Company staff nor others to assist you even though you feel they may cut corners for you or save you money. Our Company is not responsible other than assisting clients to purchase, sell, rent or lease & we will not be held responsible or accountable. Feel free to ring us if you have a problem & require advise about our services or you are not sure what you are signing: Ask to speak to our Manager:

 
    bangkok@pobox.com     Copyright 2001