Foreigners are permitted to buy a condominium in their own name (100% ownership), but there are some conditions according to Thai law (CONDOMINIUM ACT, B.E. 2522) that you need to aware of:
After purchasing the condominium, you will receive a title deed as a certificate of ownership. Sinking fund and maintenance fees are another things that you should know about, these expenses are based on the area of each unit per square meter and charged with maintaining and managing the condominium.
Even though buying a condo in Thailand is sound simple, there is something that needs to be taken into account, namely, you may need someone to run a background check on the seller or the building or need a lawyer to help with the paperwork such as purchase agreement and money transfer. These are steps that shouldn’t be ignored since it will make the entire process secure.
Our firm offers to conduct a property due diligence report, namely, we will inspect the building permit, developer background as well as the on-site inspection. As for the purchase agreement, we also have a certified lawyer to help you review the agreements before signing. In order to avoid the risk that may be incurred and to be sure that the process of buying condominium will be complied with the law.
2. Offshore companies which are subject to tax in the registration countries, but the tax rate is lower than other countries or the countries that the companies can claim double tax treaty benefits that those countries signed with other countries or have privilege tax treatment.
Whatever the reason you want to set up Offshore company, either for tax purpose or to expand your business internationally. Greenpro KSP Consulting has a professional team to offer you Offshore companies registration service in the countries as stated below.
We strive to provide our clients with the best services throughout the entire process. Our professional team will provide you with an advice and precise information regarding the incorporation procedures. As we are One Stop Service, we also have a service to open an offshore bank account and do accounting for you.