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Articles by Supranee Arjjit
Thailand Again Reduces Property Sale And Mortgage Registration Fees
On April 8, 2025, Thailand passed a resolution to reduce the government fees for registering the sale and mortgage of immovable property. These reductions are outlined in two notifications issued by the Ministry of Interior and published in the Government Gazette on April 22, 2025. The measures are part of the government's ongoing efforts to support the real estate sector and promote property ownership.
Thailand BOI Revises Land Ownership Allowance For Foreign Companies
TG Tilleke & Gibbins More Tilleke & Gibbins is a leading Southeast Asian regional law firm with over 190 lawyers and consultants practicing in Cambodia, Indonesia, Laos, Myanmar, Thailand, and Vietnam. We provide full-service legal solutions to the top investors and high-growth companies that drive economic expansion in Asia.
Thailand Specifies Form Of Reservation Contract For Sale Of Condo Units
TG Tilleke & Gibbins More Tilleke & Gibbins is a leading Southeast Asian regional law firm with over 190 lawyers and consultants practicing in Cambodia, Indonesia, Laos, Myanmar, Thailand, and Vietnam. We provide full-service legal solutions to the top investors and high-growth companies that drive economic expansion in Asia.
Thailand Offers Incentives For New Low-Income Housing Projects
Thailand's Board of Investment (BOI) has issued a notification granting investment privileges to qualified new residential projects for low-income individuals. Notification No. Sor. 1/2567 Re: Promotion of Residential Activities for Low-Income People was published in the Government Gazette on May 3, 2024, and came into effect the following day. To be eligible for BOI promotion, at least 80% of the total residences in a project must meet the requirements for usable area and price.
Thailand Extends Payment Deadline For 2024 Land And Building Tax
Thailand's Ministry of Interior has extended the deadlines for payment of the 2024 land and building tax and related procedures by two months. The announcement was published in the Government Gazette on November 30, 2023.
Condominiums Cannot Be Used For Hotel Operations
On November 6, 2023, Thailand's Department of Lands issued a circular letter clarifying that the use of units in condominium buildings for hotel business operations is not allowed.
Thailand Amends Hotel Regulations
On August 25, 2023, Thailand's Ministry of Interior issued the Ministerial Regulation Prescribing the Types of Hotels and the Criteria for Hotel Business Operation No. 2 B.E. 2566 (2023), which amends the threshold for hotel license exemption and hotel business operation requirements specified in the similarly named ministerial regulation from 2008.
Thailand Officially Reduces Land and Building Tax for 2023
Thailand has issued a royal decree officially reducing the land and building tax due in 2023.
Residential Building Renovation Business in Thailand to Be Controlled
The Contract Committee of Thailand’s Consumer Protection Board has issued a new notification relating to home renovation business operations. The Notification of the Contract Committee Re: Services for Providing Renovations of Buildings for Residential Purpose as a Controlled Business in Relation to Details Regarding Payment Receipts B.E. 2566 (2023) (the “Notification”) was published in the Government Gazette on February 13, 2023, and will come into effect after 90 days (i.e., on May 14, 2023).
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