Category: Doing business in Thailand

Ways to cut cost for startup/small businesses

1) Office Space Serviced offices are one great way to go to cut your office space expenses. The really good thing about serviced offices is the flexibility it offers, unlike traditional office spaces. Usually, traditional office spaces require longevity in the contract of lease. On the other hand, serviced...

Never Miss a Call Again

How many times have you rejected or skipped a call from an unknown number? How many of these calls could be a potential customer?Let say 20% of these calls and that could equate to over 365 missed opportunities.Did you know that you can now have a Bangkok Landline Number...

Sanity while working from home: Bangkok Edition

1) Have a space for work: Worked at a desk have a small office. It’s mentally healthy to be able to limit the physical space of your work. 2) Don’t sweat about interruptions: Sharing your home with children and pets means your work will be interrupted frequently. Don’t be...

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...

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...

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...

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...

The fundamental of a Thailand Limited-Company

The most common type of legal entity in Thailand is the limited-company, which is similar in structure to the Limited Liability Company (LLC) in the USA. A limited-company in Thailand must be owned by at least three shareholders and managed by at least one Director. A Thailand Limited-Company also...