Every year, thousands of companies register in Thailand — startups, SMEs, and international businesses alike. Many do everything right: they incorporate properly, open bank accounts, and set up accounting. But there is one costly mistake that continues to cause delays, rejections, and compliance issues: 👉 Choosing the wrong office setup at the beginning. As Thailand…
By UnionSpace Team | Bangkok | April 2026 | 4 min read Not Berlin. Not Singapore. Not Bali. Bangkok. Here’s why founders, freelancers, and fast-moving companies are quietly making the Thai capital their base — and why the window to get in early is closing. The cost advantage is still real — but not forever…
Almost all of the industry leaders as well as thought leaders expect Work from Home to stay. Telecommuting and flexible work arrangement as a perk is now your regular set up. And physical meet up with your colleagues will only be reserved for very important meetings. It’s shocking, yet amazing how the world and the…
1) QUALITY COUNTS A landline provides you with a clear crisp connection, you don’t have to worry about constant buzzing, and wondering whether your customer can hear you. 2) DROPPING CALLS IS DROPPING SALES Dropping calls to friends and family is frustrating at the best of times, but dropping a business call could be disastrous….
For years, the narrative was simple:“Remote work will replace offices.” But as we move deeper into 2026, the global business landscape is telling a different story. Remote and hybrid work are here to stay — yet companies around the world are rediscovering something important: 👉 Physical business presence still matters. Not just for productivity.Not just…
Legal Contract Drafting (Thai and English or both) As more and more people resettle in Thailand, the rise in the need to enter into a formal contract increases. The need for contracts beyond the usual employment contract or condo lease agreement has become a necessity and here at UnionSPACE, we want to make this process…
In the past few years, we have witnessed an increase of global brands, business owners and foreigners start a business in Thailand. Why? Well, Thailand is ranked the second-largest economy in Southeast Asia. The economy continues to show promising growth for 2021. A Limited Liability Company is the most common choice for foreigners because it…
Quick Summary Before You Go: What to Prepare Once your appointment to collect your Non-B Visa and BOI eWork Permit is confirmed, make sure you have everything ready the day before. Showing up unprepared can cause delays or a wasted trip. 📍 Venue: One BangkokWitthayu Rd, Lumphini, Pathum Wan, Bangkok 10330 Located on the 6th…
At UnionSPACE, we have made setting up your own business in the Thailand easy as 1-2-3. What you see below pertain to about 85% of the Company Setup cases we have handled since 2014. If your circumstances are different, please do not hesitate to let us know. Have a look at our package for company…
Certain transactions are VAT exempted Title: Understanding VAT Exempted Transactions in Thailand: A Comprehensive Guide Introduction Value Added Tax (VAT) is a consumption tax levied on the sale of goods and services at each stage of the production and distribution chain. However, not all transactions are subject to VAT, and various countries, including Thailand, exempt…
Understanding Royal Decree No. 384 Under the Thai Revenue Code As Thai businesses expand overseas — particularly into Singapore, Hong Kong, and other regional hubs — one key tax question arises: Will profits earned abroad be taxed again when brought back to Thailand? The good news is that under Thailand’s Revenue Code (Royal Decree No….
We have personally known too many friends and associates facing this problem. Some have even jumped from one Visa Agent to another and each promised to sort it out for you however after numerous attempts, excuses and reasons, your Visa status is still in limbo. First of all, let us explain how this works from…
It is usually a fairly quick process (allow additional 30 minutes) to obtain your Multiple Re-entry Permit at the airport. Important Notes. HOW and WHERE? The Re-entry Permit counter is located after Security Check BEFORE Passport Control. IMPORTANT – If you hold a NON-B, NON-O or any Non Immigrant Visa, you MUST get a RE-ENTRY…
A US Amity Treaty Company permits American citizens and companies tohold majority shares (over 51%) in a Thai Limited Company. The USAmity Treaty also enabled American companies to engage in business onthe same basis as Thai companies, and are exempt from most of therestrictions of foreign investment imposed by the Alien Business Lawof 1972. What…
After the COVID-19 epidemic is over, will our life be the same? During the pandemic, a lot of people realized that we were forced to work from home, and being forced to work from home changes your mindset. Many companies invest in technology and adjust the working environment in line with work from home. Until…
In Thailand, it is not mandatory to register for company as a VAT Company when your revenue is below THB1,800,000 per financial year however registering as a Value-Added Tax (VAT) company in Thailand can provide a number of benefits for businesses. Some of these benefits include: However, registration for VAT also comes with some obligations…
It’s hot….its’s wet…..why not drop by for a 1 + 1 super duper delicious yummy smoothie bowl at our care. UnionSPACE is a Pet Friendly Cafe, Coworking, Event Space so drop by and make your day count! This promo is only available from now till August 15, 2019.
Before entering the cryptosphere, it is important to understand the common terminologies and abbreviations. If you don’t, the complex world of cryptocurrencies may be even more difficult to understand. Here are some terms that are popularly used in the cryptosphere. HODL: No, I have not misspelt HOLD as HODL, but GameKyuubi, a cryptocurrency forum member, did. In 2013,…
Changes in Thai Cannabis Laws The Narcotics Act B.E. 2522 in Thailand prohibits the production, manufacturing, cultivation, possession, sale, purchasing, transport, storage, and/or consumption of any narcotic drug or psychotropic substance. Substances defined as narcotics are classified into 5 categories. Initially, cannabis was part of category 5. On February 9, 2022, Thailand passed a law that decriminalized specific…
2020 has been a turbulent year and has shaken countries, economies, businesses to its root. Multinationals went bankrupt so do businesses with over a century of history. Lives were taken before they are due. These are the top 5 most profitable businesses YOU can start right now without much capital and most of them would…
