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Pattaya Mail. Latest News Thailand News. Share on Facebook. Thailand successful elephant treatment a milestone among global veterinarian community. Thailand reports new cases; local infections and 12 imported, no new fatalities.

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Thailand still pushing travel bubbles with neighbours Pattaya Mail - April 5, 0. Thai government ministers regularly report that the country is in deep conversation with various nations about travel bubbles. This international concept is much easier Thailand successful elephant treatment a milestone among global veterinarian community Pattaya Mail - April 5, 0.

Thai veterinarians have removed one big gallstone weighing 1. However, on 13 February , two extraordinary notifications were issued by the Ministry of Finance.

One related to a duty exemption and the other related to an excise tax exemption. This is now exempt. The vessel import must be carried out by a licensed customs agent.

The vessel must be presented at the harbor for inspection by the Customs Official. The whole import process normally takes one day to complete. First, the Thai Registrar requires a surrender of the Certificate of Registration issued by the foreign harbour department. The Buy Fishing Boat Thailand 07 procedure for the surrender or closure of registration depends on the regulations and common practices of each foreign country. Ultimately, the foreign harbour department should issue a Certificate of De-nationalization.

If such certificate is written in English, it must be translated into Thai and certified by the Thai Consulate. If it is in any other language, it shall be translated into English and Thai with a certification of a translation by the foreign Embassy or Consular in Thailand and the Thai consular respectively.

The only other essential document is the sale and purchase contract, written or translated into Thai. Basically, a foreigner should note that all documents submitted to any governmental organization should be executed or translated into Thai and certified if required by relevant law.

The process after submission of the documents is the same as mentioned above. In the case of a limited company, if the company becomes disqualified for whatever reason, any interested person or a public prosecutor may apply to the court for an order Buy A Fishing Boat In Thailand 5g of sale, by a public auction, of shares to persons entitled, within 90 days from the date on which such disqualification came to be known to that person or the public prosecutor Section 34 Thai Vessel Act.

To prevent such incident, a foreigner should strictly comply with the Thai vessel requirements for the duration of the business operations. If the number of directors is not in accordance with the requirement mentioned above, the managing director must inform the Registrar at the Harbour Office where registration was completed, within 30 days of the date when the fact became known and the Registrar will revoke the registration if the number of directors is not corrected within 30 days of the report date Section 35 Thai Vessel Act.

In relation to documentation, it is requirement that during the validity of Thai vessel registration, the vessel registration, vessel permit booklet, certificate of vessel inspection, employment contracts of the crew, vessel history record and certificate of departure if any must be retained on board the whole time Section 49 Thai Vessel Act.

Further, the vessel permit needs to be renewed annually. As can be seen from above, the purchase of a vessel can be a very complex transaction. It is advisable for any purchaser to be very cautious with a sale contract and registration procedure.

Before entering into the contract for a used vessel, the purchaser must check the vessel registration to see whether there is any lien over the vessel as it is possible for a vessel to be mortgaged.

During the registration process, it is recommended that the purchaser is present at the Harbour Office on the transfer date in order to prevent any mistakes being made. There are also government fees and stamp duty which must be paid on the transfer date. Owning a boat ownership of a boat in Thailand When a foreigner wishes to purchase a vessel and register it under Thai law, many considerations have to be taken into account.

Type of Vessels In terms of nationality, the vessels can be classified as either a Thai registered vessel Thai Vessel or a foreign registered vessel Foreign Vessel.

The Benefits of owning a Thai Vessel The major benefit obtained from owning a Thai Vessel is the right to engage in business and fish in Thai waters. Requirements Any mechanically propelled vessel being registered to engage in business in Thai waters must weigh at least ten tonnes. How can a foreigner buy a Vessel? Paperwork Once a qualified purchaser has found a suitable vessel, the legal paperwork can be dealt with.

Registration Procedure The seller or the purchaser should arrange an appointment with the maritime inspector to inspect the vessel.

Transferring a Foreign Registered Vessel to a Thai Registered Vessel If a former foreign registered vessel is being registered as a Thai vessel, the process is much more complicated. The De-nationalization process of a vessel is as follows. Other issues the new vessel owner should be aware In the case of a limited company, if the company becomes disqualified for whatever reason, any interested person or a public prosecutor may apply to the court for an order of sale, by a public auction, of shares to persons entitled, within 90 days from the date on which such disqualification came to be known to that person or the public prosecutor Section 34 Thai Vessel Act.

Conclusion As can be seen from above, the purchase of a vessel can be a very complex transaction. Related: thai vessel act.

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