Thailand Plus Package for better Investment Opportunities in Thailand
To encourage and expedite more foreign investments in Thailand, the Board of Investment has announced new investment promotion policies. As of September 2019, the BOI announced a new package covering comprehensive measures with investment acceleration incentives, fiscal measures supporting STEM manpower development, deregulation, and improved pre and post-investment services. The Thailand Plus Package, it majorly […]
SDG Initiatives influencing Foreign Direct Investment (FDI) in Thailand
The Thai government has always maintained a balance of power in its local economy while on the other hand it has also opened gates for foreign investments. Starting a business in Thailand in spite of being a non-Thai is surely rewarding as in 2020, Thailand entered the top 25 positions in the FDI confidence. Even […]
Thailand’s Plan to Sustain Growth for the Decades to Come Post Covid-19
We all know how hard Covid-19 has hit countries worldwide and Thailand is no exception. The only thing is that Thailand could contain the pandemic smartly much earlier. To support the declining economy post-Covid, the government distributed cash handouts to the citizens who were majorly affected by the disruption and those in vulnerable sectors like […]
5 Steps to Start a Healthcare Business in Thailand
Thailand is rapidly growing to be a leading healthcare and wellness tourism nation in southeast Asia. With almost a 7% assured CAGR, this industry is constantly attracting foreign entrepreneurs to roll their dollars in Thailand. Do you want to start a healthcare business in Thailand? Your healthcare business set-up process is explained below in 5 […]
These Business Entities Can Open IT Set-up for Consulting Business in Thailand
Below are the entities that you may consider to establish your IT consulting business in Thailand; Thai Limited Liability Company To start a Thai limited liability company there should be a minimum of 3 shareholders and 1 promoter. Thai BOI Company Companies receiving BOI approval are exempted from the need to have a foreign […]
This is the Time for You to Invest in Thai Exports!
The Department of International Trade Promotion says exports in Thailand will gradually expand in 2021. The prediction has been made based on the economic recuperation worldwide and also the availability of the Covid-19 vaccine. The director-general Mr.Somdet Susomboon, added to this that the exports will be a growth by 4% by 2021’s end and will […]
How to Ensure an Authentic ISO Certificate in Thailand?
We have previously come across many clients worldwide who have had fake ISO Certificates without them knowing about it. And trust me the percentage of such certificates is really upsetting. Thankfully, Thailand government has strict regulations and you will only find less than ten certified bodies, accredited by NAC or the National Accreditation body. In […]
Frequently Asked Questions on Payroll Outsourcing in Thailand
Having difficulty in managing your company’s payroll challenges? Getting help from a payroll service provider in Thailand can be a wise decision. Sure, you may have many questions pertaining to outsourcing the service. Below are a few frequently asked questions that may cater to your initial query. For further information you can contact […]
BOI Approves Measures to Accelerate Investment Post-Covid-19
If you are looking to invest in Thailand’s digital business ecosystem, this could be an appropriate time for you. Thailand Board of Investment recently approved a series of measures to fast-track investments to boost businesses to adapt and adopt digital technologies. The package is specially designed to promote large-scale projects post lockdown period. And far […]
Are You Seeking BOI Approval for Your Business in Thailand?
We understand it may not be possible for you to know all rules and regulations as it is susceptible to change. Below are a few points that will help you knowing the project approval criteria; More competition in the industrial, agricultural and service sectors The value added of the project should not be lesser […]
