Reading time: ~5 minutes Thailand remains one of Asia’s most compelling and strategic destinations for foreign founders, investors, and regional operators. Strong domestic demand, central ASEAN positioning, and a structured legal system make Thailand highly attractive but only for those who set up correctly from day one. Every year, capable foreign-led businesses fail in Thailand…
Starting a business can be a complex process, but there are a few basic steps that you can follow to get your business off the ground. Here are some of the most important things to consider: Tips to successfully Market your business in Thailand For more information about starting a business in Thailand and how…
As a foreigner, you are generally not allowed to own land in Thailand. However, there are a few options available for foreigners who want to own property in Thailand: It is important to note that these options may not be suitable for everyone and each has its own set of risks and considerations. It is…
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…
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…
ต้องมีผู้ถือหุ้นอย่างน้อย 3 คน – จะเป็นคนไทยหรือ
ต่างด้าวก็ได้ ตามกฎหมายในปัจจุบัน หากคุณต้องการเปิดบริษัทจำกัดคุณต้องมีผู้ถือหุ้น 3 คนขึ้นไป ดังนั้นหากคุณไม่สามารถหาผู้ร่วมลงทุนกับคุณได้ คือมีตัวคุณคนเดียวคุณก็ต้องทำธุรกิจในรูปแบบบุคคลธรรมดา แต่หากคุณสามารถหาผู้ร่วมลงทุน
ธุรกิจจำนวนมากมีค่าใช้จ่ายในการดำเนินงานที่คงที่ซึ่งยากต่อการรับรู้ของรายได้ ค่าใช้จ่ายในการดำเนินงานที่สำคัญที่สุดอย่างหนึ่งคือการเช่าพื้นที่สำนักงาน
Are you planning expanding your business or launching a new venture?
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When looking for ways “upgrade” your business, making the switch to, or starting a new remote business, may be the ultimate way to go. Running a successful remote business means taking the appropriate steps, such as hiring the right employees, utilizing effective sources of communication and setting a clear plan for goals. An unlimited talent…
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…
Since the start of COVID-19, many businesses have been struggling to take off or even properly startup. Now yet again, a new wave of COVID-19 begins to arise, and many may seem hesitant to invest in a new starting a new company. According to the PR Thai Government, the following measures should be taken when…
When company owners choose to change the registered office or business address of the Thai company, an important distinction is made between changes that take place in the same province compared to those changes that involve moving the company to a different province in the country. Some business owners may even choose the new office location…
Threshold for registration VAT registration is mandatory in Thailand for any company that has had an annual turnover of more than 1.8 million THB. The registration should take place no later than 30 days after this amount was reached. Exempted Activities Companies that offer certain types of goods and services in Thailand are VAT exempt….
1. Apply for a work permit Applicants for work permits must show every page of their passports to prove they are outside Thailand. You should apply for this visa within 30 days before you plan to depart your country. The Consulate or consular officer will ask for copies of the registration documents and financial statements…
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….
