Property market in Thailand is highly active, with a number of options, ranging from land and houses to condominiums, villas, and serviced apartments. Discussed further in this article are laws as well as procedures involved in connection with owning a property in Thailand.

The Labor Protection Act of 1998 (LPA) and the Civil Commercial Code (CCC) are primarily responsible for administering labor protection laws in Thailand. In other words, the rights and duties pertaining to the employer and employee are governed by series of a laws and procedures.

In Thailand, all of the laws in connection with taxation are governed by the Thai Revenue Code. The Ministry of Finance administers the procedures in connection with tax collections. The government's Revenue Department collects taxes under four main categories such as corporate income tax, value added taxes (VAT), stamp duty, and personal income tax.

Prominent among the immigration requirements is that any non Thai national who wishes to enter the country is required to receive a proper visa from a Thai Consulate or a Royal Thai Embassy, prior to the arrival to the country.

With highly sophisticated infrastructure and free enterprise economy, Thailand - officially the Kingdom of Thailand - attracts many foreigners to set up and conduct innovative businesses.

In Thailand, Bankruptcy Laws form part of the Commercial Law. Thai bankruptcy law is devised in such a way not only to help debtors to distribute their property but also to help them in rehabilitating via several reorganization provisions.

According to the employment law in Thailand, an agreement that has been established between the employer and employee should not be less than the minimum requirements or standards devised by the law.

In the Kingdom of Thailand, registration as well as conducting of business is governed by a number of laws. Some of the most popular forms of business set ups in Thailand are sole proprietorship, partnership business, joint ventures, branches of foreign companies, and limited companies including public limited companies and private limited companies.

In today's dynamic business world, the success of corporate governance largely depends on fulfilling a multitude of secretarial works, legal necessities, and constitutional compliances. No matter it is a small business set up or a large business corporation, corporate secretarial services are essential for the success and existence of a business.

Intellectual property is one of the major types of capital assets. It is usually the result of a human brain's intellect. It can be either tangible or intangible. Idea, process, and theory are some of the most popular forms of intangible category.