Professional Corporate Services

Thailand to Become First Southeast Asian Nation to Legalize Same-Sex Marriage.

Thailand is poised to become the first Southeast Asian nation to legalize same-s*x marriage following the Senate's overwhelming approval of a marriage equality bill with 130 votes in favor and four against. The bill now awaits the King's formal endorsement, before coming into effect 120 days after its publication in the Royal Gazette. This will make Thailand the third country in Asia to allow marriage equality, after Taiwan and Nepal.
The new law replaces gender-specific terms with gender-neutral ones, granting equal rights in marriage, child adoption, healthcare consent, and inheritance. It also allows LGBTQ+ individuals from any country to register their marriage in Thailand and provides foreign same-s*x couples with the right to a spousal visa. However, trans people will still be legally recognized according to their s*x assigned at birth.

For Free Consultation please contact
Email: [email protected]
Professional Corporate Services Co., Ltd.
Bangkok Thailand

Thailand Privilege Visa, also known as the Thailand Elite Visa, offers a unique long-term visa program designed to attract affluent foreign individuals seeking to reside in Thailand.
This visa provides a range of exclusive benefits, including expedited immigration procedures, access to VIP services at airports, and special discounts at luxury hotels, spas, and golf courses. Available in several membership packages with varying durations from 5 to 20 years, the Thailand Privilege Visa aims to enhance the convenience and comfort of living in Thailand for its privileged members, making it an attractive option for expatriates and frequent travelers.

For Free Consultation please contact
Email: [email protected]
Professional Corporate Services Co., Ltd.
Bangkok Thailand

PCS Staff Party!🙌🏼


We had so much fun at Samet Island for New Year celebration trip🩵✨🏝️

In the context of purchasing a condominium in Thailand.

Property law mandates a number of specific documents that must be prepared for the transfer of ownership, especially for foreign individuals. Whether the transaction is facilitated by a project’s officer or an agent, or occurs directly between buyer and seller without a broker, the necessary paperwork typically includes the following:
For foreign individuals:

- A copy of the foreigner's ID card or passport, and a copy of the residence certificate for the renter and their dependents in the condominium.
- A copy of the notification form of the foreigner's stay, which has been acknowledged by the Immigration Bureau, which the juristic person officer can verify in case the renter exhibits suspicious behavior.
- In cases where the renter is a foreign person, they are permitted to reside in the condominium with no more than 3 persons per unit. Joint owners must provide the current renter's information to the management, and for safety and peacefulness, the management will conduct regular checks every 6 months.
- A certification letter of international fund transfer issued by a commercial bank, which must specify an amount sufficient for the condominium price in the foreign currency.
- If there are savings in Thailand, a certificate of deposit from the respective bank must be provided.

For individuals who are married:

- A copy of the passport of the spouse.
- A copy of the marriage certificate.
- A consent letter from the spouse.
- In cases of divorce, a copy of the divorce certificate.

It's important to note that if any of these documents originate from a country where the primary language is not Thai, they must be accompanied by a certified Thai translation.

In the absence of an agent, the buyer and seller must ensure that they have the correct and complete set of documents before proceeding to the Land Department for the official transfer of ownership. Buyers should make sure to consult with a lawyer or a legal expert in property law to make sure that all the paperwork is in order, as missing or incorrect documentation can delay or invalidate the property transfer process.

For Free Consultation please contact
Email: [email protected]
Professional Corporate Services Co., Ltd.
Bangkok Thailand

In honor of National Children's Day, our company is proud to participate in a special initiative aimed at bringing joy and support to the children of our community. We believe that every child deserves the opportunity to enjoy their childhood and have access to essential learning materials.

To contribute to this meaningful occasion, we have made a charitable donation of bicycles, children's toys, and educational supplies in collaboration with the Pa Daet Subdistrict Administrative Organization in Chiang Rai province. These gifts are not just items but are tokens of encouragement that we hope will inspire, engage, and help the children in their growth and development.

We are delighted to be a part of this celebration and look forward to seeing the smiles and happiness that our contributions will bring to the children. Let's work together to create a nurturing and supportive environment for the leaders of tomorrow.

Happy National Children's Day! 👧🏻👦🏻

Festive Eggnog Party 🎉🎉
at Anantara Siam Bangkok Hotel, Ballroom

PDPA LAW EP.04

The rights of personal data owners, often referred to as data subjects, are critical to understand as they outline the privileges and claims these individuals have over their data. Here are the rights that safeguard data subjects from misuse by personal data controllers:

1. The right to be informed about the purpose, usage, and distribution of their personal data before or during the time of collection, including the intended use and the storage duration, by the data controller.

2. The right to access their data held by the data controller, provided it does not conflict with any laws or court orders, and without infringing on the rights and freedoms of others. Data subjects should be able to obtain a copy of their personal data.

3. The right to portability allows for the transfer of personal data from one data controller to another, as long as this does not violate any agreements or infringe upon the rights and freedoms of other individuals.

4. The right to object to the collection, use, or disclosure of their personal information by a data controller.

5. The right to request the deletion or destruction of their personal data that has been made public, in order to prevent potential identification of the data owner.

6. The right to withdraw consent for using their personal data at any time, subject to legal or contractual restrictions previously agreed upon.

7. The right to restrict the use of data or suspend its destruction after the expiration date, if it is required for legal proceedings or to assert a legal claim.

8. The right to request that their data be corrected to ensure it is accurate and up-to-date, avoiding any misunderstandings that might arise from incorrect data.

Personal data owners hold the power to influence how their information is managed and protected by data controllers, ensuring that their privacy is not infringed upon and that they retain control over their personal information.

For Free Consultation please contact
Email: [email protected]
Professional Corporate Services Co., Ltd.
Bangkok Thailand

PDPA LAW EP.03

Who is responsible for personal data management?
This question arises to clarify the obligations and responsibilities of those in possession of personal data. The term "Data Controller" in personal data protection legislation is defined as an individual or legal entity with the authority and responsibility to decide on the collection, use, or disclosure of personal data.

From this definition, it is clear that whether the party is an individual or a legal entity that possesses personal data through any means, they have the power to disclose that information. Given the potential public dissemination of personal data, the law stipulates certain duties incumbent upon the data controller to prevent harm to the personal data owner:

1. The data controller must implement security measures to protect the personal data of individuals.
2. They must prevent the use or disclosure of personal data without consent.
3. They are required to arrange for the deletion or destruction of personal data once the retention period has expired.
4. If there is a breach of personal data, the data controller must notify the relevant data protection authority within 72 hours of becoming aware of the incident.

These responsibilities underscore the importance of due diligence by data controllers in safeguarding personal data and ensuring compliance with legal requirements, thereby respecting the privacy and rights of data subjects.

For Free Consultation please contact
Email: [email protected]
Professional Corporate Services Co., Ltd.
Bangkok Thailand

Residence Certificate

Residence Certificate is a document certifying where a foreigner resides. The Residence Certificate is required for obtaining and renewing driving licenses for both cars and motorcycles, as well as for buying/selling both cars and motorcycles.

One can apply for it at the Immigration Office where they have previously reported their stay in the kingdom for 90 days. Therefore, applicants must have received a visa that is valid for one year prior. If they have received a visa that is only valid for 3 months, they will not be able to apply for a residence certificate.

A report of foreigner's accommodation (T.M. 30) is also required as officials will send documents to the reported address.

The processing time for the application is two weeks.

For Free Consultation please contact
Email: [email protected]
Professional Corporate Services Co., Ltd.
Bangkok Thailand

PDPA LAW EP.02

"Knowing why the law aims to protect and the importance of personal data"

the next question arises: what exactly does the law protect? The purpose of legal protection is intended solely for ordinary personal data. This protection is not meant to extend to deceased individuals and organizations.

First, one must understand the definition of personal data. According to the Personal Data Protection Act, Article 6, personal data is defined as any information related to an individual that can be used to identify that individual, whether directly or indirectly. This does not include information about deceased individuals. From this legal definition, it is evident that such data often appears on social media or various online platforms. Information such as birth date, age, gender, or browsing history may be collected during platform registration or seen continuously, such as when applying for various membership cards. These can range from loyalty cards to gym memberships that require the applicant to provide their personal data.

Moreover, personal data is divided into two categories: general personal data and sensitive personal data.

General personal data includes: full names, telephone numbers, personal email addresses, current addresses, Identification numbers, passport numbers, driving license numbers, educational information, financial information, medical information, vehicle registration details, land title deeds, household registries, dates of birth, weights and heights, and any information visible on the internet.

Sensitive personal data, which is more delicate and could potentially harm the data owner in the aspects of work, society, and living conditions, requires special caution. Sensitive personal data includes: race, ethnicity, political opinions, religious or philosophical beliefs, s*xual behavior, criminal history, health data, disabilities (such as chronic illnesses), trade union information, genetic data, biometric data such as fingerprints, facial models, and retinal patterns.

According to the definition from Article 6 of the Personal Data Protection Act, whether it's general or sensitive personal data, it falls under the data that the law aims to protect. Therefore, it is the responsibility of the data custodian to protect this information adequately.

For Free Consultation please contact
Email: [email protected]
Professional Corporate Services Co., Ltd.
Bangkok Thailand

Happy Halloween 🎃🔪👻

PDPA LAW EP.01

"The Importance of Personal Data Protection"

Understanding the importance of personal data protection and why laws are designed to safeguard it is vital in today's digital age. As stated in the statutes, due to the rapid technological advancement, violation of privacy rights through misuse of personal data is increasingly common. This misuse not only causes distress and annoyance; it can result in significant damage to the economy.

The convenience and accessibility brought about by technological advancements make the collection and misuse of personal data all too easy for ill-intentioned individuals. Many of us have experienced telemarketing calls or encountered online disturbances, typically a result of unauthorized access to our personal information.

Moreover, personal data holds immense economic value. Marketers need such information, including age, gender, and preferences, to optimize their marketing strategies and deliver relevant products and services most effectively.

However, the downside of this rapid technology growth is the rising number and intensity of cybercrimes. Personal data is often the prime target of cybercriminals who are ready to strike at any moment – for blackmail or to sell the information on the dark web.

Therefore, these new laws have been introduced to help prevent the leakage of personal data and protect the data owners from potential risks or harm. Despite being a new concept, gaining understanding and familiarity with these laws and their procedures is crucial in safeguarding ourselves from potential future damages, directly or indirectly. It's an essential aspect to explore and master as we conduct our lives and businesses in the increasingly digital world.

For Free Consultation please contact
Email: [email protected]
Professional Corporate Services Co., Ltd.
Bangkok Thailand

Long -Term Resident Visa (LTR) is offered to four categories of foreigners.
1. Wealthy Global Citizen
2. Wealthy Pensioner
3. Work - From - Thailand Professional
4. Highly - Skilled Professional
Spouses and dependents of LTR visa holders will also qualify for the same visas.

WHAT PRIVILEGES WILL BE OFFERED TO LTR VISA HOLDERS.
- 10* years renewable visa Permission will be granted to stay in Thailand the first time for five years which can be extended for 5 more years if qualifications are met.
- Exemption from 4 Thais to 1 foreigner employment requirement ratio.
- Fast Track Service at International Airports in Thailand.
- 90-day report extended to 1-year report and exemption of re-entry permit.
- Multiple re-entry permit.
- Permission to work in Thailand (Digital Work permit).
- 17% Personal income tax for Highly-skilled professionals.
- Tax exemption for overseas income.
- Immigration and work permit facilitation services at One Stop Service Center for Visa and Work Permit.

For Free Consultation please contact
Email: [email protected]

Professional Corporate Services Co., Ltd.
Bangkok Thailand

BOI Approves 41 Billion Baht in Projects, Focusing on EVs, Renewable Energy, and Tourism Infrastructure.
• The Thailand Board of Investment (BOI) approved investment projects valued at 41 billion baht (1.1 billion USD). These projects include electric vehicle (EV) manufacturing, renewable energy generation from waste, data centers, and travel and tourism infrastructure.
• Deputy Prime Minister Parnpree Bahiddha-Nukara led the meeting and also refined the five-year investment promotion strategy initiated earlier this year. The adjusted strategy focuses on five key industries for the next four years (2024-2027), including Bio-Circular-Green (agriculture, food, medical, and clean energy), EV manufacturing, electronics (particularly smart electronics), digital and creative sectors, and regional business hubs.
• In the first eight months of 2023, the BOI received investment applications worth 465 billion baht, a 47% increase from the same period the previous year. The number of applications rose by 33%, totaling 1,375 projects.
Sources: Board of Investment (10/11/23)

We acknowledge the complexities involved in setting up a new business and aim to make this process as smooth and efficient as possible for you.

Our services include advising on the legal structure of your business, registering your business with the relevant authorities, and assisting with the necessary documentation. Our experienced team ensures your journey in establishing your business is transparent and hassle-free.

Please feel free to contact us if you have any questions or if you wish to begin the process.
Email: [email protected]

The Professional Corporate Services team had a wonderful time at the AMCHAM Thailand American Chamber of Commerce Charity Golf Tournament. Our team is looking forward to participating in next year's tournament, hoping to continue this tradition of charity and sportsmanship. ⛳

Please be informed that our office will be closed from 13th to 17th Apr. 2023 and resume on 18th Apr. 2023.

We sincerely apologize for the inconvenience during this period.💦

🙏 น้อมรำลึกในพระมหากรุณาธิคุณ 🙏
6 เมษายน วันพระบาทสมเด็จพระพุทธยอดฟ้าจุฬาโลกมหาราชและวันที่ระลึกมหาจักรีบรมราชวงศ์ พุทธศักราช 2566
ข้าพระพุทธเจ้า บริษัท โปรเฟสชั่นนอล คอร์ปอร์เรท เซอร์วิส จำกัด

Today Professional Corporate Services attending the AMCHAM New Member Orientation. Thank you AMCHAM for the warm welcomes.

A long-term visa which is categorized under tourist visa given Privilege Entry Visa (PE) to the privilege card members, It allows for uninterrupted residency along with certain benefits for a period between 5, 10 or maximum 20 years depending on the chosen package in exchange with the member fees.

Qualifications:
- Holder of a foreign passport
- Not have overstay record in Thailand
- No age limit is required for this program except the Elite Ultimate Privilege which requires to be at least 20 years old
- Not having been sentenced by a judgment to imprisonment in any countries except for an offense committed to negligence
- Not having been adjudicated bankrupt
- Not having been declared as a person of unsound mind, incompetence, or quasi-incompetence

Applicant fees (no refundable)
- For 5 years residence validity: THB 600,000
- For 10 years residence validity: THB 1,000,000
- For 20 years residence validity: THB 2,000,000

Benefits:
Being a Thailand Elite member entitled you to a variety of privileges and VIP services, The different membership packages will provide you with exceptional experiences and are designed to offer you superlative Thailand.
- Renewable five-year multiple entry visa with extendable one-year length of stay per each entry
- VIP greeting and es**rt on arrival and departure by Elite Personal Assistants
- Exclusive fast track immigration lane and passport controlling for both arrival and departure
- Exclusive arrival and departure lounges
- Service on government transactions, including the 90-day service report, driver’s license filing and processing by Elite Personal Liaison
- Banking services with assistant in opening bank accounts
- Assistant on contact legal services, insurance and real estate
- Limousines Services 24 times per calendar year from airport to residence (within Bangkok, Chiang Mai, Phuket, and Samui) on international flights only
- Special Discounts at King Power Duty-Free branches, hotels, dining establishments, leading department stores and shopping malls

Professional Corporate Services can assist you every step of the way. Visit our website to learn more about Thailand Elite Visa click https://professionalcorporateservices.com/thailand-elite-visa.php or If you need any help please do not hesitate to contact us at [email protected] or call us at 02-1095160

According to the Condominium Act B.E. 2522. Purchasing a condominium is not nationality restrictations. Foreigner also have the same rights as Thai people but foreigners can only purchase a unit located in the Freehold Section only 49% of the building total space. All funds used to purchase the condo must be transfered in foreign currency and must come from abroad. Unless you are foreigner who has been working in Thailand and paid taxes on the monies earned. You are then permitted to purchase a condo by the money you earned in Thailand. The Title Deed of the condo will show the foreigner's name and prove ownership of the unit.

To learn more about Thai Property Law or property consultation service. Professional Corporate Service, we strongly suggest that you take advantage of our FREE consultation services so please don't hesitate to contact us click! https://professionalcorporateservices.com/purchasing-property-in-thailand.php

📚 Did you know?
👉 In Thailand, Companies are required to report and withhold taxed from their employees when paying for their salaries and from their vendors when making a payments for services they ordered.
There are 3 types of withholding tax forms used:
- form PND1, used for taxed withheld from employees, it's self explanitory. The company keeps income tax from the employee's salary and submits it to the revenue department on the employee's behalf. This is done on every pay period.
- form PND3, used for taxed withheld from vendors who are not juristic persons - eg. freelance workers
- form PND53, used for taxed withheld from vendors who are juristic persons

A successful team is a group of many hands but of one mind. ✨

Sending warm feeling to all our friends and clients this season of love and may you feel full of love today. Happy valentine's day!🌹❤️🥰

7 important things you should have before setting up a LLC....
👉1. Cofounder - The person who accompanies the founder in establishing the business and takes the responsibility to convert it into a successful one.
👉2. Company's name - Before registering a company name, you must check the availability of the name as a company names must do not be same as other pre-existing companies.
👉3. Shareholders & Director -The Civil and Commercial Code of Thailand requires that a company have at least 3 Promoters/Shareholders. Promoters must become shareholders and hold at least 1 share. The Law also requires that a Thai Limited Company have at minimum 1 Director.
👉4. Company's registered capital and valued share - Registered capital must be divided into each share with the same value and share's value must be at least 5 Baht
👉5. Account Department - Once a LLC is fully set up a company, It need to set up a bookkeeping and accounting system preparing a balance sheet and financial statement every month, also the semi annual and annual reports. An Auditor must review and sign the financial statements at the end of the company's financial year. Then an Ordinary or Annual Shareholders Meeting (AGM) must be called to approve the financial statement.
👉6. Head office - To register a company you need a commercial address in Thailand
👉7. Us! - We have all the necessary services you need to handle from setting up a Thai Limited Company to audited financial statements, Professional Corporate Services makes everything hassle free.

To learn more about Setting up a Limited Company (LLC) and see our special promotion, please visit us! https://professionalcorporateservices.com/setting-up-a-thai-limited-company.php

It's the best time of the year. May this holiday season sparkle and shine and may all your wishes and dreams come true, Merry Christmas & Happy New Year from all of us! 🎄🎉🎅🎁💝☃️🎄

Long-Term Resident visa program or LTR is aimed to attract wealthy foreigners in 4 categories - Globally Wealthy Citizens, Wealthy Pensioners, Work From Thailand Professionals and Highly Skilled Professionals. Today we will focus on the category - Wealthy Pensioners which is the most popular and easiest of the LTR visas to obtain.

Qualifications & Criteria:
- Retirees aged over 50 years old, who have an annual or stable income exceeding $80,000 USD.
- or in the event that the pensioner earns less than $80,000 USD per year but not less than $40,000 USD per year, the applicant must invest $250,000 USD in Thai Government bonds, foreign direct investments or Thai Property.

Health Insurance Required:
- At least $50,000 USD coverage
- or Social Security benefits insuring treatment in Thailand
- or at least $100,000 deposit

Medical Certificate:
*Just announced all LTR visa applicants must provide a health certificate.

Dependents
Dependents of the Long-Term Resident Visa holder, Spouse and Children under 20 years of age (up to 4 dependents), will also be granted similar visas.

Benefits
There are multiple privileges award to LTR visa holders that will make living and doing business in Thailand easier which are:
- Up to 10 years renewable visa
- Exception for companies from the 4 Thai employees for each foreigner ratio
- Fast Track Service at International airports in Thailand
- Annual reporting instead 90-day reporting and the visa is multiple entry
- Permission to work in Thailand (digital work permit)
- Tax exemption for overseas income

If you like the idea of living in Thailand, this Long-Term Visa may be for you. Professional Corporate Service can assist you and make the entire process hassle free. For more information please visit https://professionalcorporateservices.com/long-term-resident-visa-thailand.php or call us at 02 109 5160

Thailand is now offering a Long-Term Resident Visa program duly called LTR. It is aimed to attract wealthy Foreigners in 4 distinct categories - Globally Wealthy Citizens, Wealthy Pensioners, Work From Thailand Professionals and Highly Skilled Professionals. Today we will focus on the category - Wealthy Global Citizens

Qualification & Criteria requires all of the 3 below:
a. Individuals holding at least $1,000,000 USD in assets.
b. Personal annual income of minimum $80,000 USD in the last 2 years
c. An Investment of at least $500,000 USD in Thai Government bonds, Foreign direct investments or Thai Property.

Health Insurance Required:
- At least $50,000 USD coverage
- or Social Security benefits insuring treatment in Thailand
- or at least $100,000 deposit

Benefits
There are multiple privileges award to LTR visa holders that will make living and doing business in Thailand easier which are:
- Up to 10 years renewable visa
- Exception for companies from the 4 Thai employees for each foreigner ratio
- Fast Track Service at International airports in Thailand
- Annual reporting instead 90-day reporting and the visa is multiple entry
- Permission to work in Thailand (digital work permit)
- Tax exemption for overseas income
- Dependants of the Long-Term Resident Visa holder, Spouse and Children under 20 years of age (up to 4 dependants), will also be granted similar visas.

If you like the idea of living long term in Thailand, the LTR visa may be for you. Professional Corporate Services can assist you every step of the way. Please don't hesitate to contact us for more information! https://professionalcorporateservices.com/long-term-resident-visa-thailand.php

To all our American friends, clients and colleagues, Happy Thanksgiving Day!

A Representative Office allows foreign investors, who may be considering entering the Thai market, to evaluate potential market opportunities without the need to establish a subsidiary in Thailand. Its purpose is to provide services to its own foreign head office or related businesses. The services it can provide are limited it can only sign contracts that are essential for its own operations, such as, lease agreement. The operation of the Representative office must be completely financed by the foreign head office.

A Branch Office is basically a foreign company that registers its presence in Thailand. It is not considered as a separate entity but rather an extension of its own Mother company. Therefore, the Branch Office will not have separate Shareholders or Bylaws from those of the Mother company. Unlike Ros a BO is designed to generate revenue and operate production facilities in Thailand. It should also be noted that the activities of the Branch Office may differ from those of the Mother company. This may create interesting alternative opportunities for Foreign companies.

If you're interested in starting a business in Thailand in any corporate structure. here at PCS, we have all the services you need and make everything hassle free! Feel free to contact us! For more information please click https://professionalcorporateservices.com/setting-up-a-branch-office-thailand.php

BOI or Board Of Investment is government body which operates under the Office of the Prime Minister. The BOI's role is to attract foreign investors so that they open businesses in Thailand while providing them with a lot of benefits for example;
- Tax Exemption including import duties on machinery and raw materials in research & development businesses and production for export
- 100% foreign ownership
- getting visa and work permit approvals easily
- land ownership

There are many other benefits available for a BOI registered company, so get in contact with our team to learn more.
https://professionalcorporateservices.com/setting-up-a-boi-company.php