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 offices are offered in very flexible terms that would cut your… Read More »Ways to cut cost for startup/small businesses
Visa & Permits for Foreigners
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
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 ?
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)