155/19 Soi Mahadlekluang 1, Rajdamri Road, Bangkok 10330 Thailand
URL: http://www.bsalaw.co.th
For nearly 30 years, BSA Law (Bamrung Suvicha Apisakdi Law Associates) has focused on providing reliable legal advice and services to the Thai and foreign business community in Thailand. BSA Law seeks to provide international standards of legal services while retaining the customs of the Thai business culture.
Plans to set up a tourism division at courts in major vacation destinations like Bangkok, Pattaya, Chiang Mai and Phuket to assist foreign visitors could help increase visitors' confidence in Thailand law and legal services in Thailand.
BSA Law has welcomed the introduction by Thailand's Tourist Police of a virtual application downloadable to smartphones and other devices, that promises better protection and assistance for the kingdom's millions of annual visitors.
Thai and international companies - in particular small and medium-sized enterprises - with concerns or enquiries in general about the kingdom's new minimum wage now in effect should contact a law firm in Thailand for advice and consultation.
With the Asean Economic Community set to be implemented in late 2015, recent surveys have shown a significant portion of the Thai public lacks a good understanding of the regional integration and how it could affect them. And that is something which needs to be addressed, according to Thai law firm BSA Law.
Rising gun violence in Thailand has increasingly captured international media attention, threatening to change the country's peaceful reputation, and may result in Thai law changes related to firearms, according to BSA Law, the leading Thailand law company, expands on possible changes.
Prominent Thai law firm BSA Law applauds the government of Thailand for its move to deuce the corporate tax rate in 2013 and 2014, brightening prospects for economic growth and foreign direct business investment in Thailand. BSA Law forecasts that Thai business law services and tax consulting in Thailand will grow along with foreign investment.
Prominent Thai law firm BSA Law welcomes the announcement by Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong of a possible Thai law change to further avoid tax evasion and prevent double taxation. This simplification of Thai law would be an effective means of achieving the goals of both the government and local business.
Prominent Thai law firm BSA Law welcomes brightening prospects for economic growth and foreign direct business investment in Thailand this year after widespread flooding in 2011. Thai business law services and tax consulting in Thailand are set to grow along with increasing economic activity.
Prominent Thai law firm BSA Law welcomes brightening prospects for economic growth and foreign direct business investment in Thailand this year after widespread flooding in 2011. Thai business law services and tax consulting in Thailand are set to grow along with increasing economic activity.
The record level of foreign business investment in Thailand is set to flood the Thai visa service with an increase in Thai work permit requests. Companies planning on joining the 2012 rush to invest in Thailand are strongly advised to start seeking advice on Thai work permit procedures as early as possible.
Planned increased in foreign business investment in Thailand this year is set to increase demand for international law firms and other Thai law consulting services. A year of recovery from 2011's widespread flooding, plus planned Thai business investment from Chinese and Japanese companies may find greater competition for competent specialists.
Recent spates of bombings with possible international terrorist connections, and the perceived increase of gun-related violence in the country's criminal underworld, are increasing pressure on authorities to tighten gun control laws, Thai visa service regulations for foreign national, and routine security measures. BSA Law, the leading Thailand law company, expands on possible changes.
Business confidence took a hit in Thailand last year as flooding forced closures and saw foreign investors withdraw from Bangkok. A commitment to rebuild infrastructure teamed with a drop in the corporate tax rate has strengthened the outlook for 2012, according to Thailand law firm BSA Law.
A recent survey shows the majority of Thai people believe corruption is likely to increase due to current economic instability and loopholes in Thailand law. Leading Thai law company BSA Law has reviewed the poll and current legislation aimed at reducing corruption.
Japanese foreign investment in Thailand has taken a major hit, with an estimated 450 companies affected by last year's flooding. Lost production and high damage bills have taken a heavy toll on business investment. Thailand law firm BSA Law has advised investors to consider their legal responsibilities amid the turmoil.
Businesses affected by Thailand's worst floods in half a century have been forced to shut-down or restructure operations. From local traders to multinational firms, flooding in major industrial areas around Bangkok has hurt business investment in Thailand. Thai law firm BSA Law says legal and logistical challenges lay ahead for those needing to rebuild their business.
Thai manufacturers will need to use licensed IT products when exporting to key US states or risk fines, product seizure and a possible blacklist. The new unfair competition law targets software and hardware piracy. Leading international law firm in Thailand, BSA Law, says it has ramifications for local manufacturers.
Global powerhouses the US and UK have signalled a clear intent to clamp down on corruption, particularly in emerging markets such as Thailand. New laws and greater enforcement powers will have a direct impact on multinationals with Thai interests, according to leading Thai law firm BSA Law.
A legal skirmish between two of Thailand's telecommunications providers has again put the nation's foreign business ownership laws in the spotlight. As foreign business leaders complain ambiguities in Thai law are threatening foreign investment, Thai law company BSA Law warns against the use of risky and illegal corporate structures.
Corporate tax rate cuts have been flagged as part of a proposed reform of Thailand's tax system. Changes to Thailand tax law would help business meet the cost of newly-elected Pueu Thai's promised minimum wage rise. Expert corporate legal service in Thailand, BSA Law, claims reducing corporate tax rates could also promote competition with other Asian nations.
Thai Foreign Minister Kasit Piromya has urged Australian businesses to invest in its close Asian neighbour, particularly in emerging industries such as alternative energy. BSA Law, a law firm in Thailand, has been guiding western business wanting to make a business investment in Thailand for nearly 30 years and believes an understanding of Thai business law is critical to success.
Thai companies with business dealings or partners in the UK have been warned to comply with tough new anti-bribery laws or risk heavy fines and prison terms. The UK Bribery Act 2010 will take effect from July and while it promises to reinvigorate anti-corruption efforts in Thailand, BSA Law - an international law firm in Thailand - warns firms to carefully review their new responsibilities.
Political parties are promising to increase minimum wages ahead of Thailand's July 3 election. Business groups have warned an immediate wage increase would be a heavy burden for the private sector resulting in decreased competitiveness and increasing cost of living pressures.
Bangkok's condominium market offers a rare opportunity for international investors to purchase property in Thailand, which has strict laws preventing foreign land ownership. The cooling of this once booming market presents opportunities for savvy investors but the Thai real estate market can be paved with complex legalities for unsuspecting foreign nationals, according to Thai law firm BSA Law.
Thailand is sometimes known for its unique approach to laws, with Thai law consulting firms often required by foreigners to decode a mishmash system of traditional laws and modern Western principles.
Thailand has become a popular medical tourism destination for ill people across the world in the past decade, not just because of lower costs and comparable treatment quality, but because of the lack of regulation of fringe medical practices under Thai law.
The internet has changed society radically, and itself has rapidly evolved, over the past two decades. Cyber criminals have evolved from teens and computer whizzes looking for kudos for their hacking skills, to international syndicates making hefty profits from net-based crime, to serious espionage issues as more and more critical government processes and information are carried out.
Thai laws preventing foreigners holding the same rights and positions as citizens are widespread throughout Thailand, and eminently understandable in a country with a unique economy, high percentage of English speakers and vast natural assets. However, loopholes that allow foreigners to circumvent these Thai laws are also fairly widespread.
It's impossible to escape the term '3G' in Thailand currently, with talk of legal controversies, social progress and consumers' rights abounding in the debate over 3G network licenses in Thailand. With both consumers and businesses on the same side in this argument, it seems strange that Thai law should oppose something that seems universally anticipated and necessary.
The tension between the need to market health products, and the need to accurately represent their benefits is felt worldwide. The Thai FDA recently shut down 155 websites that were found to be geared towards marketing rather than accuracy, and indicated that more closures could be imminent.
Recent changes to credit card laws have been welcomed by corporate legal services in Thailand, with a uniform set of standards now in place for all lenders. BSA Law, a leading Thai legal service for businesses, says that some clients have still not seen any changes in their credit card terms and conditions, and that companies who have been affected by the previous state of affairs.
The use of Thai nominee companies to purchase land has been a much-debated topic in the press of late. The practice is so widespread that it is easy to assume that it is legal - however the reality is a lot more complex.
The protests that have held much of Bangkok hostage over the past months, as well as in 2008, have been a massive crash causing long-lasting national and international ripples. Many have been asking why this is allowed to happen. Expert Thailand corporate legal service BSA Law has explained the basis for the controversy under Thai law.
Only two days after the Bangkok Post publicized the end of the property tax breaks, the government backflipped to confirm an extension. The extension is aimed at homeowners, but Thai business lawyers say there is benefit in the breaks for businesses too. BSA Law explains how this Thai law could benefit your business.
Foreign investment and interests in Thailand are tightly controlled; one of the main methods of regulation of foreign interest in Thailand is the FBA, or Foreign Business Act. Thailand law consulting firm BSA Law is urging all businesses with a foreign stakeholder to consult their legal advisors ahead of an anticipated review of FBA compliance early in 2010.
Foreign and national investment is an enormous part of the Thai economy. Thai law firms have traditionally helped businesses navigate the maze of investment regulations and approvals; BSA Law, a leading Thai corporate legal service, believes that the introduction of the One Start One Stop Investment Center will work collaboratively with a company's lawers to help investors achieve their goals.
An October crackdown on companies for software copyright infringement is indicative of future intolerance for piracy lawbreakers, according to leading Thai corporate legal service BSA Law. Businesses will need to inform themselves of what is legal and what isn’t, and conduct a thorough computing investigation to avoid penalties, the Thailand law firm advises.
Recent reports revealing more than 85% of prime tourist land is controlled by foreigners through Thai nominees have led to government action to investigate nominees and close legal loopholes. BSA Law, a corporate legal service in Thailand, is advising both Thai nominees and foreigners with land interests to seek Thai legal advice ahead of the coming crackdown.
The progressive implementation of International Financial Reporting Standards (IFRSs) by the Stock Exchange of Thailand will mean big changes for all businesses, not only the SET50 companies required to switch to the new system by 2011. Thai corporate legal service BSA Law is advising that businesses make the change ahead of schedule.
Construction companies and property investors have been thrown in to disarray after a recent decision to suspend a 2008 government block on construction for projects with an assessed environmental impact. BSA Law, a leading Thailand law firm, is urging their customers to get legal advice before continuing or ceasing construction.
Businesses are set to see an increase in tax liability as well as changes to payment systems for both real estate tax and land tax by 2011. Thailand lawyers, BSA Law, are advising that their customers obtain legal or accountancy advice in advance of the change.
Thai failure law, or bankruptcy law, has changed in the recent past to now include rehabilitation programs that can be accessed before full-blown bankruptcy needs to be declared. BSA Law examines the benefits and intricacies of the Thai law on bankruptcy.
The Thai Industry Ministry recently listed 13 herbs as hazardous substances, requiring parties interested in the growing, producing, importing and exporting of the substances to comply with quality control and safety regulations. Some media headlines have caused confusion for farmers and ordinary citizens alike - BSA Law explains the implications of the new Thai law.
The new Product Liability Law, which came into effect in Thailand on February 20, 2009, has been widely hailed as a boon for consumers. However, BSA Law are urging legal advice and caution for all parties involved in product liability cases, including consumers.
The Thai Consumer Protection Board is pushing for a review of fitness centers, after a record number of consumer complaints in recent months. A top lawyer says many contracts border on infringing the Unfair Agreements Act, and BSA Law is urging an industry-wide review of documents to avoid prosecution.
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