In Thailand business organisations can be divided into two types, non-profit organisations and business organisations. Non-profit organisations have to register under the Civil and Commercial Code, and are divided into associations and foundations. Associations can conduct any activity that is ongoing and not operated with the purpose of profit...
OWNERSHIP OF LAND BY A FOREIGNER: In theory foreigners cannot own land in Thailand, but in practice they can own up to 1600 sq metres for residential purposes under a Board of Investment (BOI) regulation (Land Code Section 96 bis) that demands, for land purchase, BT40m ($1.3m) to invest in Thailand in...
Despite the political and social challenges that marked late 2013, Thailand’s economy has remained stable and is poised for further growth in the coming years. However, concerted action by the public and private sectors will be needed for the country to avoid the middle-income trap of stagnating productivity and to maintain its stance as a top Asian economy.
Abu Dhabi City is the capital of the UAE, which was founded in December 1971 as a federation between six of its seven constituent emirates, namely, Abu Dhabi, Dubai, Sharjah, Ajman, Fujairah and Umm Al Quwain. The emirate of Ras Al Khaimah (RAK) joined the following year. The federation is governed by the UAE constitution, which permits each emirate...
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