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Philosophy

LawfirmThai International believe that clients deserve relevant, personalized and designed to address specific needs.

Our role is to ensure that clients receive reliable advice. Our aim is exceeding client expectations by providing legal services at reasonable prices while developing and maintaining long-term relationship with client. We realized that different problems require different solutions depending on the clients' short and long term needs and objectives.

Non-immigrant Visa

Foreigners must apply for a Non-Immigrant Visa at the Royal Thai Embassies or Royal Thai Consulates-General in their home countries by specifying the reasons of entry into Thailand in visa application form.

In order to be granted work permit, it is indicated that the alien must apply for visa which is not tourist or in transit visa. The alien who wish to apply for this type of visa must fill in visa application form by specifying the reasons of apply for the visa and submit to the Royal Thai Embassies or Royal Thai Consulates-General in their home countries. Since this type of visa is very important on that it can be used to support work permit request and permit the alien to stay in Thailand as long as needed, such visa will be issued as sticker attached to the passport. However, some Royal Thai Consular especially Royal Honorary Consular are still using seal. Such sticker or seal will contain the message indicated the type of visa and its code for example, if apply for working visa, the visa will indicate “NON IMMIGRANT VISA Class B”, if apply for study visa, the visa will indicate class ED or O means others. Such visa will indicate the duration of time to use visa until its expiration. This duration of time is usually misunderstood. It is understood that such indication is the duration permitted to stay in Thailand. Actually, the seal is permitted an alien to stay in Thailand for the period of 90 days even he/she has entered Thailand on the last day of the date specified on visa.

In addition, even if there is the word “NO EXTENSION OF STAY” appeared on visa, an alien has entitled to apply for an extension according to his/her reason and necessity. If the authorized person considers that the reason or necessity is rational, he/she will permit such alien to temporarily stay in Thailand.

" Retirement Visa allow you to stay in Thailand for 1 year."

Retirement Visa Requirements :
1. Age of 50 years or older

2. Thai Bank account of 800,000 THB or

3. Pension Income of 65,000 THB or combination of both

We are now offering you
The extension of 30 days visa to 1 Year Visa

Plus ON - SITE SERVICE

Make an appointment at LawfirmThai@gmail.com

Call Now : 08-6062-8033 (Mr.Tony)
(10.00 a.m. - 06.00 p.m.)

Need Visa ? Need Legal Service ? Need Notary Public ?

Feel free to contact us for more information.
We are looking forward to support you. !!!
LawfirmThai International
99 Ratchaprarop Building,
4th Floor, DinDaeng Rd.
Samsennai, Phayathai, Bangkok,
Thailand 10400
Tel : +66-8-6062-8033
Office Hours : 9.00 am - 6.00 pm.
Email : LawfirmThai@gmail.com
MSN : LawfirmThai@hotmail.com

Client Success is Our Mission

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1. Marriage Visa
________________________________________________________________________

Registering a marriage in Thailand is a fairly simple process. Foreigners who wish to marry in Thailand must firstly obtain clearance from their respective embassies.

The clearance will allow a foreigner to get hold of an affidavit which
states personal information of the foreigner such as his name, citizenship
and legal freedom to marry. This affidavit will have to be translated into
Thai and legalized pursuant to Thai law. When all the documents are in
place and all other requirements are met, the administrative marriage may
then be performed at the Thai district offices known as ‘amphur’ or ‘khet’.

LawfirmThai can assist you with the procurement, translation
and legalization of official documents from the embassy. The likelihood of
delays and complications can be reduced when the law firm you hire has
access to qualified translators and understands the legalization process in Thailand.

For a foreign national with a Thai spouse, a good law firm with an
expertise in immigration law and visa issues concerning the United States,
United Kingdom, Australia or other nations, can even help you to secure a
marriage visa to bring your Thai spouse back to your home country for marriage.

2. Retirement Visa
________________________________________________________________________

Why Retire in Thailand ?

•One of The Best Medical Treatment in the World
•Thai Government Support
•Low cost of living
•Great Food
•Easy smiling people
•Enrichment of Service Mind
•Hot Weather
•Multi Culture
•No Discriminations of Culture, Nationality or Believe

More Services :

- Business Visa
- Tourist Visa
- K-1 Visa
- K-3 Visa
- Fiance Visa
- Spouse Visa
- Student Visa
- Family Members Visa
- Visitor Visa

________________________________________________________________________

________________________________________________________________________

1. Thailand Company Registration
________________________________________________________________________

1.1 Register the corporate name with the Ministry of Commerce.
1.2 File a Memorandum of Association for formation of
      a company listing shareholders. (A minimum of 7 shareholders is
      required for a private limited company and a minimum of 15
      shareholders for a public limited company)
1.3 Hold a statutory meeting.
1.4 Submit a company registration application with the Ministry
      of Commerce.
1.5 Obtain income tax ID card and number from the Revenue
      Department for tax purpose.

There are many reasons why Thailand is an intelligent
choice for the investor. Below are just a few.

* Thailand has quality international schools, an excellent health
care system and friendly cooperative people.

* Thailand boasts the largest growth market in Asia.

* Thailand has recently attracted a great deal of foreign investment.
It is one of the Asian economic leaders and is one of the
fastest-growing economies in the area.

* Thailand is one of the least expensive places to fly to in Asia.

* The country has strong business ties with China and has an
excellent infrastructure as well as world-class facilities in many
resort towns.

* Property is far cheaper in Thailand than other countries and an
increase in overseas interest in property purchase has helped to
create an economic recovery in Thailand.

* Rental potential is great, due to increased government spending
luring growing numbers of tourists.

* No capital gains tax for private investors, and low ongoing taxes.

* Today foreigners are regarded by the government as a big
investment opportunity in Thailand.

Processing times vary depending on the type of business and
the specific requirements necessary for each. In general, if no documents
are returned and no additional documentation is required by the Ministry
of Commerce, the process can take about 17 days. However, the process
involves coordinating the preparation of documents from at least seven
shareholders, the company directors, and other individuals involved. Also
the documents may not be submitted at one time, but have to be submitted
in three stages. As a result, most company registrations take longer than 17 days.

Capital required is dependent on the needs of the business.
There is no minimum requirement for registered capital.
Statutory minimum capital requirements are five baht per share.
In general the lowest capitalization normally generally seen is 100,000
baht. However, a majority foreign owned company (or a company
sponsoring a foreigner 's work permit) requires a minimum of 2,000,000
baht capital. When determining the practical amount of capital necessary
for starting a business all costs need to be considered: leases for office
and warehouse space, utility and housing costs, staff salaries, etc.

Doing business in Thailand can be very complicated and may
take you several weeks to complete the process. This is mainly due to
the registration procedures and the required documents and forms
being in Thai. It follows that you need someone you can trust and
who is able to communicate in Thai on your behalf to be able to
successfully review your company registration.

LawfirmThai can give you relevant pieces of advice on doing
business in Thailand efficiently.

Looking for Work Permit ? Looking for Visa ?

2. US Amity :
The Treaty of Amity and Economic Relations Between Thailand
and the United States of America
________________________________________________________________________

Excluding the seven stated exceptions enumerated in the
Amity Treaty, Americans have rights the same as any Thai national
with regards to owning and operating businesses in Thailand.
These same rights are reserved for Thai nationals in the United States.
However, because the U.S., unlike Thailand, has no restrictions regarding
foreigners doing business in the U.S., benefits are rarely claimed by Thai
nationals under this treaty. It should be noted however, that they do retain
the right of applying for Treaty Trader and Treaty Investor visas under the
US immigration laws as a result of the Treaty.

Contact us today LawfirmThai@gmail.com

* Free Consultations
* Within 24 hour response
* On – Site Service
* Money Back Guaranteed if process is declined

1. Prenuptial Agreement ________________________________________________________________________

Process : 3-5 working days

Protect your Separate Property
Protect Business Assets
Protection from other spouses debts
Provide for Children
Pass on Family Property
Reduce Litigations Costs

2. Divorce
________________________________________________________________________

According to Thai Law

1. Community property : The income received by either husband
or wife during the marriage belong to both parties equally.
2. Separate Property : The income and property belonging to the
parties before the marriage does not belong to the marital estate.

In order for your prenuptial agreement to be valid in regard
to a marriage registered in Thailand. It had to have been signed by
both parties, as well as two witnesses and must have been previously
submitted to the local district office. However, the actual rules are
more complicated.

Contact us today LawfirmThai@gmail.com

* Free Consultations
* Within 24 hour response
* On – Site Service
* Money Back Guaranteed if process is declined
________________________________________________________________________

3. Adoption
________________________________________________________________________

You may be able to adopt if :

3.1 You are married and
3.2 Both you and your spouse are at least 25 years of age and
3.3 Both you and your spouse are at least 15 years older than
the adopted child and
3.4 You are legally qualified to adopt in your own country.

The process of adoption may be quite long, detailed and requires
a good number of forms and documents. Coordination between a variety
of agencies is also required.

Contact us today LawfirmThai@gmail.com

* Free Consultations
* Within 24 hour response
* On – Site Service
* Money Back Guaranteed if process is declined
________________________________________________________________________

4. Will
________________________________________________________________________

In Thailand, a will must meet very specific requirements in order to be
considered valid.

There are three classifications for valid wills :

4.1 Wills made before public officials.
4.2 Holographic wills.
4.3 Validly witnessed wills.

Contact us today LawfirmThai@gmail.com

* Free Consultations
* Within 24 hour response
* On – Site Service
* Money Back Guaranteed if process is declined
________________________________________________________________________

5. Litigation
________________________________________________________________________

LawfirmThai Lawyers represent clients in handling various areas
of litigation in courts of law within Thailand which are institutional, corporate,
governmental and individual clients in many industries :

5.1 Consumer electronics
5.2 Electric power
5.3 Food and Beverage
5.4 Insurance
5.5 Investment banking
5.6 Medical devices
5.7 Pharmaceuticals
5.8 Publishing
5.9 Telecommunications and more

Contact us today LawfirmThai@gmail.com

* Free Consultations
* Within 24 hour response
* On – Site Service
* Money Back Guaranteed if process is declined
________________________________________________________________________

6. Intellectual Property
________________________________________________________________________

With the increasing importance of intellectual property within
the Thai economy and the global trading systemas well as the expanded
usage of intellectual property to gain a competitive edge, restrict trade,
bargaining chip in trade negotiations, especially by developed countries,
the Ministry of Commerce thus deemed it necessary to integrate all the
intellectual property-related activities under one roof. Accordingly, this led
to the integration of patents and trademarks related operations, which were
under the Department of Commercial Registration at the Ministry
of Commerce, with those relating to copyrights, under the Department
of Fine Arts at the Ministry of Education, so as to create a new department
under the Ministry of Commerce, or the Department of Intellectual Property.

Thai Intellectual Property Law

Patent is a type of intellectual property that is most familiar
to everyone. It is possible to say that patent is related to everyone’s
daily life in thatproducts that people use every day are the results of
human inventions, such as the creation of detergent, which is now
highly condensed and very effective in cleaning. Therefore, a patent
has contributed to more conveniences and a better and safer living standard.

Patent means important document issued by the government to
protect an invention, a product design, or a utility model as provided
under the laws.

Invention means innovation on composition, structure or of a
product, production and maintenance processes, as well as quality improvement.

Product Design means innovation related to modification of exterior
feature of a product for beautification and differentiation.

Utility Model or also called Petty Patent is similar to invention
but the level of technological innovation is not high or it is a result of
minor innovation.

Trademark means a mark, a symbol, or label used for a product or
service as the following. Protection for a trademark is provided
under the Trademark Act (No.2) B.E. 2543 (2000). The trademark
law provides protection for 4 categories of trademarks as follows:

1. Trademark is a mark that is used in conjunction with
goods to present that the goods is different from other goods that
use other trademarks, such as Ma-Ma (instant noodle) and Red Bull.

2. Copyrights mean exclusive right to undertake any activity
that is related to works that an innovator has created. A copyright
is a work that resulted from intellectuality, knowledge, and
assiduousness to innovate the work. It is considered a type of
intellectual property that has economic value. Therefore, an owner
of a copyright should be protected under the law.

3. Rights under copyrights will be acquired immediately
after an innovator developed the work without registration
requirement. The owner of copyright should therefore protect
the work by bringing togetherrelevant evidence that may be used
to prove the ownership of the work in the future.

4. Innovative works that are considered copyright comprise
of different types of works as follow:

          4.1. Literary work, such as book, periodicals, article,
publication, and computer program;
          4.2. Choreographic work, such as cultural dance, dancing,
posture or a performance that is composed in to a story, as well as
pantomime;
          4.3. Artistic work, such as painting, sculpture, graphic arts,
architecture, photography, plan chart picture, applied art including
photograph and diagram of the work;
          4.4. Musical work, such as melody and lyrics or only melody
including a well composed tones and chorus;
          4.5. Audiovisual, such as video tape and laser disc;
          4.6. Cinematography, such as movie and supporting sound of
the movie (if available);
          4.7. Sound recording, such as cassette tape and compact disc;
          4.8. Sound and picture broadcast, such as radio broadcast, or
sound and picture broadcast via a television station;
          4.9. Other works that are related to the literary, scientific, and
art domains.

Traditional Knowledge

Traditional knowledge of local wisdom and cultural heritage that
exists in Thailand can be separated into categories :

1. Traditional knowledge of local wisdom such as food and
beverage production, herbal products, urplus material products and
products that are made from wood, stone, metal, glass, ceramic,
baked clay, leather and the like.

2. Cultural heritage are such as folk tales, stories, poems and,
songs, as well as arts, painting, sculptures, handicrafts, costumes
and fabrics.

Traditional knowledge as above will be gathered for the use
of public information or contacted for use in business and promotes
traditional knowledge for the full utilization for commercial benefits.
In addition, those who notify Department of Intellectual Property
about traditional knowledge can bring the certificate from department
to certify banks or financial institutes for IP Capitalization for credit and
to pay debt to banks or any financial institutes.

Intellectual Property Capitalization was initiated by the
government’s “Asset Capitalization Policy.” This policy aims to
create opportunity to the people, especially the poor, to have more
access to the source of fund in the system by utilization of the existing
assets as their capital. This will create more jobs and income,
as well as encourage new business operators, and hence sustainable
economic development of the country.
Currently, there are 7 categories of assets that can be capitalized.
They are: land and property attached to the land; permission to utilize
public lands and other certification documents; leasing and hire -
purchasing contracts; machinery; Intellectual Property; permission
to utilize marine area for aquaculture purpose, and; rubber plantation.

With regard to Intellectual Property, the government
assigned the Department of Intellectual Property to be the major
organization responsible for the work involving the national intellectual
property issues in accordance with the “Asset Capitalization Policy.”
In order to have efficient operation and to achieve the objective of the
government, the Department of Intellectual Property established the
“Intellectual Property Project” to support the operation under the
government policy. The objective of this project is to create
opportunities for the owners of intellectual property who have
registered or notified the information with the Department of Intellectual
Property. These owners of intellectual property can use their documents
of rights to have access to the capital in the system and utilize the
existing intellectual property for commercial purpose and for maximization
of economic value. Besides, the project will also promote creativity and
innovation, as well as encourage more utilization of intellectual property.

7. Property
________________________________________________________________________

In many areas of Thailand a foreign investor can acquire
up to, but not exceeding, 49% of the total floor area of the combined
condominium units, other 51% must be owned by Thai nationals.
However, more than 49% of ownership may be allowable in certain
condominium buildings in Greater Bangkok and various other
municipalities and districts according to Ministerial Regulations.

Most of the financial institutions in Thailand provide loans
for real estate purchasing to Thais and Thai companies. It is common
for a real estate developer to arrange for his customers to have
a financing package from a financial institution. In most real estate
development projects, a down payment can be made in installments
from 10 to 24 months. After the down payment has been paid, the sale
contract will be made and the balance amount is paid through the loan,
which is financed from a financial institution. The financial institution
requires you to mortgage the property with it as collateral against the loan.

There are typically three different appraisal rates :

1. The government rate.
2. The appraisal company's rate.
3. The rate of fair market value of the land.

All purchase and sale of property in Thailand
There are :

1. A stamp Duty of 0.5%.
2. A transfer fee of 0.01%.
3. Business tax of 0.11% levied against an owner who has been in
registered possession of the property less than 5 years.
4. An income tax.

Although Thai law prohibits foreigners from owning land in Thailand,
foreigners have the right to own buildings. There are two ways :

1. Forming a joint venture with majority Thai ownership and
2. Procuring a long term lease with a right of renewal.

Buying a condominium

The only restrictions on purchasing a condominium, are that the
percentage of units sold to foreigners can not exceed forty nine percent
(49%) of the total number of units in the condominium block.

Leasing

Thai property law allows a foreign investor to lease land for a maximum
of 30 years, with lease renewal options of 30 years. Many foreign investor
choose this method to secure land or property ownership. In comparison
to setting up a company, land leasing is easier and requires less maintainance.

Contact us today LawfirmThai@gmail.com

* Free Consultations
* Within 24 hour response
* On – Site Service
* Money Back Guaranteed if process is declined

Intellectual Property
________________________________________________________________________

Patent means important document issued by the government to
protect an invention, a product design, or a utility model as provided
under the laws.

Invention means innovation on composition, structure or of a
product, production and maintenance processes, as well as quality improvement.

Product Design means innovation related to modification of exterior
feature of a product for beautification and differentiation.

Utility Model or also called Petty Patent is similar to invention
but the level of technological innovation is not high or it is a result of
minor innovation.

1. Trademark is a mark that is used in conjunction with
goods to present that the goods is different from other goods that
use other trademarks, such as Ma-Ma (instant noodle) and Red Bull.

4. Innovative works that are considered copyright comprise
of different types of works as follow:

Traditional Knowledge

Traditional knowledge of local wisdom and cultural heritage that
exists in Thailand can be separated into categories :

2. Cultural heritage are such as folk tales, stories, poems and,
songs, as well as arts, painting, sculptures, handicrafts, costumes
and fabrics.

Contact us today LawfirmThai@gmail.com

* Free Consultations
* Within 24 hour response
* On – Site Service
* Money Back Guaranteed if process is declined

Board of Investment
_______________________________________________________________________

For more than two decades, successive Thai governments
have understood that for Thailand to be attractive to foreign investors,
there needs to be both progressive investment promotion policies
and sufficient infrastructure.

Accordingly, just as the Board of Investment developed policies
to meet the needs of investors, the government has continuously improved
the nation’s infrastructure, both in Bangkok and the provinces. Indeed,
in recent years, tremendous strides have been made, especially in
transportation projects.

New roads have been built and others widened to better handle the
number of vehicles on the roads, and as a result, travel times to Thailand’s
Eastern Seaboard and southern seaside resorts have been significantly
reduced. Bangkok’s two mass transit systems are now up and operational,
and this, too, has had a positive effect on traffic. Both lines of the BTS
Skytrain are in the process of being expanded and additional lines of the
subway system have been approved by the government and are in the
bidding process. In addition, the new Suvarnabhumi International Airport
opened on September 28, 2006.

Airports

Thailand has developed an extensive air transport network that
encompasses 28 commercial airports, meaning that all Thailand’s regions
are about an hour’s flight from Bangkok.In addition to Don Muang Airport
in Bangkok, which in 2005 handled in excess of 268,000 flights, 990.000
tons of cargo and 38 million passengers. Thailand has international airports
in Phuket, Chiang Mai, Hat Yai, Chiang Rai and Ko Samui.

Suvarnabhumi International Airport, the new international airport of
Thailand, has two parallel runways and 120 parking bays, enabling it to
handle 76 flight movements per hour, 45 million passengers per year,
and 3 million tons of cargo per year. In 2007, Subvarnabhumi handled
261,592 commercial flights, 41.2 million passengers, 1.2 million
tons of freight and more than 10,000 tons of mail.The Airports Authority
of Thailand has announced a 78-billion-baht expansion program for
Suvarnabhumi that will increase passenger handling capacity by 33%
from 45 million to 60 million within six years.

Road Network

Thailand is widely acknowledged as having the most extensive road
transportation network of more than 250,000 kilometers, more than 40%
of which are international standard highways that provide links to every
province. There are more than 225 km of inter-city motorways creating
links between Bangkok and other major regions of the Kingdom, and the
government is enhancing inter-city motorways, which are expected to
stretch to 4,150 kilometers of 4-lane roads.

New highways are constantly being built, including projects to link
Bangkok to the new Suvarnabhumi Airport, and an ambitious project to
speed transport time to Thailand’s southern provinces.

The signing of the Asian Highway Agreement on April 26, 2004
strengthens Thailand’s connection to the rest of the world for land-based
trade and transportation linking it to 32 countries in Europe and Asia.
The importance of these interconnections will increase dramatically as
Thailand’s free trade agreements with the People’s Republic of China,
ASEAN and India kick in, making Thailand a crucial hub for international
production and trade.

Seaports

Thailand’s water transportation system has long been an important part
of the country’s history and industries. With a coastline of 3,219 km and
over 4,000 km of inland waterways, Thailand’s water transportation and
ports infrastructure are essential to its overall transportation and trade.

There are currently 122 ports, wharves, and jetties able to accommodate
sea-going vessels engaging in international trade, including eight
international deep sea ports: These ports, located in Bangkok, Laem
Chabang and Map Ta Phut on Thailand’s Eastern Seaboard, and Sonkhla,
Satun, Narathiwat, Phuket and Ranong in the South, provide capacity of
more than 4.5 million TEU, a figure that is expected to double as current
expansion projects are completed.

At Laem Chabang Port, six new container terminals are being developed
with state-of-the-art equipment that can handles the latest generation of
container vesselsThe Laem Chabang Port's services include cargo
handling, distribution and handling, and through a cooperative venture
between the Port Authority of Thailand and the Customs Department,
imports and exports are cleared within one day.

Rail and Mass Transit Systems

Thailand’s rail transportation, which dates back more than century, is
extensive, covering 4,000 kilometers on three lines, intersecting in
Bangkok. The system offers affordable transportation from the
Malaysian border to northernmost provinces and Kanchanaburi in
the west. The system connects with Malaysia’s national system, providing
direct linkages down to Singapore, and a railway link to across the
Mekong is under construction at Nong Khai.

To help alleviate traffic in Bangkok, the government has been developing
mass transit systems. In 1999, the first system, known as the Skytrain
(www.bts.co.th), opened on overhead tracks. The system covers 55
kilometers, serving 23 stations on two lines, and carries approximately
300,000 passengers per working day.

Extensions of both lines are underway, covering more than 10km, including
a route across the Chao Phraya River to Thonburi.

In mid-2004, the Bangkok Subway (www.mrta.co.th) opened, providing
service at 18 stations over a 20 kilometer distance. The system, which
intersects with the Skytrain, can carry 50,000 passengers an hour in each
direction. The government plans to expand the system to 297 kilometers
and 82 stations over the next six years.

Telecommunications

A wide range of telecommunication facilities are available across
the country. Fixed line telephones (offering international direct dial
connections at affordable prices) and mobile phones are readily available,
and access to the Internet is available though ADSL, satellite modems
and dial-up connections. In recent years, the speed of internet access has
increased while costs have declined, and this trend seems certain to continue.

International Schools

The government has recognized the need to promote the development of
international schools, both to permit the offspring of foreign investors to
obtain international-standard education and to facilitate Thai students to
prepare for tertiary education abroad. Accordingly, there are numerous
schools that follow the American, British and Japanese educational
system, and students from these schools are accepted at some of the
world’s finest universities.

Thailand's Advantages

A 2006 survey conducted by the Japan External Trade Organization
(JETRO) showed that Thailand was the “most optimal location for
establishing a production/sales base in the coming 5-10 years.”

There are many reasons why Thailand is an intelligent
choice for the investor. Below are just a few.

* Thailand has quality international schools, an excellent health
care system and friendly cooperative people.

* Thailand boasts the largest growth market in Asia.

* Thailand has recently attracted a great deal of foreign investment.
It is one of the Asian economic leaders and is one of the
fastest-growing economies in the area.

* Thailand is one of the least expensive places to fly to in Asia.

* The country has strong business ties with China and has an
excellent infrastructure as well as world-class facilities in many
resort towns.

* Property is far cheaper in Thailand than other countries and an
increase in overseas interest in property purchase has helped to
create an economic recovery in Thailand.

* Rental potential is great, due to increased government spending
luring growing numbers of tourists.

* No capital gains tax for private investors, and low ongoing taxes.

* Today foreigners are regarded by the government as a big
investment opportunity in Thailand.

Gateway to Asia

Thailand enjoys a strategic location at the heart of Asia – home to what
is regarded today as the largest growing economic market.

Thailand serves as a gateway to Southeast Asia and the Greater Mekong
sub-region, where newly emerging markets offer great business potential.
From Thailand, it is convenient to trade with China, India and the countries
of the Association of Southeast Asian Nations (ASEAN), which has a
cumulative population of more than 500 million.

Hub of ASEAN

Thailand was one of the founding members of ASEAN and has been
instrumental to the formation and development of the ASEAN Free
Trade Area (AFTA). As a member of ASEAN, Thailand has forged
closer economic cooperation with ASEAN member nations, and Thai
manufactured products and services have access to the markets
of ASEAN, which includes all 10 ASEAN countries. ASEAN is home to more
than half a billion people, GDP in excess of US$700 billion and intra-ASEAN
trade of more than US$1 trillion per year.

Social and political stability

Thailand is a welcoming Buddhist country. The country's form of
government – constitutional monarchy – allows democratic processes and
reforms, and is balanced by the Thai people's peace-loving nature, high
reverence for the Thai Monarchy, and devotion to the teachings of
Buddhism. While the vast majority of the people in Thailand are Buddhist,
all religions are welcome, and His Majesty the King is the patron of all religions.

Growing economy

Economically, this country of 64 million people is characterized by steady
growth. Abundant natural resources and a skilled and cost-effective work
force helps attract foreign investment, enables them to prosper and help
develop industry in Thailand.

Sufficient infrastructure

Thailand has good infrastructure for foreign investors. Improved and
modernized transportation facilities, as well as upgraded communications
and IT networks, ensure optimum business and living conditions.
State-of-the-art industrial estates boast sophisticated facilities and superior services.

FDI policies

The country's well-defined investment policies focus on liberalization
and encourage free trade. Foreign investments, especially those that
contribute to the development of skills, technology and innovation are
actively promoted by the government. Thailand consistently ranks among
the most attractive investment locations in international surveys, and
a 2006 World Bank report indicated that Thailand was the 4th easiest
country in Asia in which to do business, and the 20th easiest in the world.

Government support and incentives

Numerous government agencies support investors. Through the Board of
Investment, the government offers a range of tax incentives, support
services and import duty concessions available to an extensive list of
businesses that are regarded as priority or promoted activities.

Through the Board of Investment, there are no foreign equity restrictions
in the manufacturing sector, no local content requirements, and no export
requirements, as Thailand's investment regime is in total compliance with
WTO regulations. The Board of Investment also coordinates the activity
of the One-Stop Service Center for Visas and Work Permits, which enables
foreign staff of BOI-promoted companies to obtain work permits and
long-term visas within 3 hours or less. Other government organizations,
like the Department of Export Promotion, and international chambers of
commerce, provide invaluable support and a host of other important services.

Long – established and newly emerging industries

With strong economic development and strong support industries, the
country's industrial production has grown and diversified rapidly both
in the long –established and newly emerging industries.

The government has placed emphasized on attracting investment in 6 key
sectors that have been determined as key to the country's developmental
objectives. These six target industries include: agriculture and agro -
industry, alternative energy, automotive, electronics and ICT, fashion,
and value-added services including entertainment, healthcare and tourism.

Friendly and rich culture

Thailand has gained a well-known reputation throughout the world for its
gracious hospitality. The friendliness of its people and the diverse nature
of Thai culture make visitors feel at home in Thailand.

Education and healthcare services

Thailand 's educational standards are accepted by many international
examining bodies, while its universities are outstanding in many fields.
A great number of international schools and colleges offer world-class
education.In terms of healthcare, the country has developed a good
reputation globally, due to its internationally qualified doctors and
medical staff, and modern facilities and equipment. It is so good that
one of the fastest-rising tourism sectors is medical tourism, with
international patients visiting Thailand to take advantage of Thailand's
world-class and extremely affordable health care system.
( Source : The Board of Investment of Thailand )

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