UnionSPACE

BOI Promoted Companies for Tech / IT companies.

You may apply for investment promotion from the Board of Investment (BOI) if the nature of your business falls under one of the promoted activities, in which case you would be entitled 100% foreign ownership with the foreign business license (without the usual capitalization requirement) and would be permitted to bring in foreign skilled workers without having to comply with the general ratio of 4 Thai employees… Read More »BOI Promoted Companies for Tech / IT companies.

Visa and Work Permit Application Process – Thailand

The visa and work permit application process for a foreign national can be summarized into three steps as follows: 1. Apply for a 90 days single entry Non-immigrant B visa at a Thai Embassy/Consulate abroad once the company has been incorporated and registered for VAT with the Revenue department; 2. Apply for the Work permit from the labour department once the company… Read More »Visa and Work Permit Application Process – Thailand

Capital required to be able to hire / sponsor Work Visa ?

In the case that the company would be required to support a foreigner’s visa and work permit, the company must meet the following conditions: 1. Have two million Thai Baht in registered capital to support each foreigner’s work permit – this amount will not need to be shown in cash unless it exceeds 5 million Baht; 2. Register for VAT, after… Read More »Capital required to be able to hire / sponsor Work Visa ?

How can a foreigner own majority or 100% shares in a Thai Company?

There are 6 ways to achieve it, and the company must fall under one of the following categories: 1. Export or manufacturing company – if the company will only be involved in the manufacturing and/or export business, with no local trading, and where importing of goods (raw materials, machinery, etc.) are strictly for the purpose of manufacturing and/or exporting 2. American owned… Read More »How can a foreigner own majority or 100% shares in a Thai Company?
Banana and Nuts Oatmeal Bowl

US Cafe is Now Open – Awesome Coffee & Delicious Smoothie Bowls

April 22, 2019 – US Cafe opens to the public right here on Soi 61. Happily serving healthy oatmeal bowl, delicious smoothie bowl, sandwiches, rice bowls and probably the best coffee around this part of the town. Drop by anytime between 9am to 6pm Monday to Saturday to grab a coffee, stay to get some work done and also mingle… Read More »US Cafe is Now Open – Awesome Coffee & Delicious Smoothie Bowls

How to Spot a Ladyboy

1. Too Tall: The average height of a Thai woman is 157.3 cm (about 5ft 2in) while the average height for a man is 167.5 cm (about 4 inches taller). There are always exceptions to the rule but, generally speaking, taller women were probably not born as women. Tall people (of any nationality) generally also have large hands and feet,… Read More »How to Spot a Ladyboy

Do’s and Dont’s in Thailand

Thailand received over 35 million visitors per year and in general Thais are quite generous when it comes to accepting ‘silly’ mistake foreigners might make however follow the guidelines below and you can be sure you will impress your new Thai friends. Be absolutely cautious when discussing about Buddhism and the Thai Royal Family. One little advise from us here… Read More »Do’s and Dont’s in Thailand

Step by step guide on Registering a Limited Company in Thailand (setting up a company in Thailand)

Once you understand the steps required to setup a company here in Thailand, it is not that difficult after-all. One main challenge that we noticed for foreigner is to accept that there will be some risk involve since you cannot fully own the company and may be dependent on a nominee to register your company. This risk can be mitigated… Read More »Step by step guide on Registering a Limited Company in Thailand (setting up a company in Thailand)

Unable to find a job or a company to sponsor you for your Work Permit in Thailand. What can you do?

One of the most common situation faced by expats of digital nomads who wants to stay in Thailand for an extended period of time would be to get a Visa that allow you to do so. One of the most common and easily obtained type of Visa that allows you to stay in Thailand for a longer period of time… Read More »Unable to find a job or a company to sponsor you for your Work Permit in Thailand. What can you do?