Have You Successfully Set-up Your Business in Thailand? Now What?
Setting up a business is not enough; there are so many other things that you need to make sure to see it continues to run successfully. One amongst them is cash management. Majority of the businesses fail due to inappropriate cash management. Being a business manager you must always keep the cash under control. It […]
Can Foreigners Start Agriculture Business in Thailand?
It is very common knowledge in the international business fraternity that foreign investors cannot start an agriculture business in Thailand. But, this is not always true. There are certain protocols abiding which foreign investors can invest in the agriculture business in Thailand. Additionally, they can do so by owning agricultural land in Thailand. This article […]
So, What’s Trending in the Thai Business Ecosystem? Two of the Latest Developments are Here!
Right now the Eastern Economic Corridor (EEC) development and the push to go digital are the two top trends in Thailand. The former initiative is taken to take the Thai economy way forward. Similarly, it complements well with the Thai government’s push for the public infrastructure assignments and investments in the private sector. Basically, the […]
Are You Thinking of Entering Thailand’s Business Ecosystem?
Nice. But for that, you must have an open mindset and the flexibility to work with a Thai partner. Even though Thailand is a popular leisure destination for Singaporeans, this may not be the same for businesses. However, upon working with local partners you will be able to take the business forward with the help […]
Decoded! Why Do Few Businesses in Thailand Fail Miserably?
It’s just yesterday when someone casually mentioned that he wants to open a business in Thailand and settle. He said that he had visited Bangkok thrice and in so much love with the city that he wishes to stay there. Well, of course, you can always wish, but before taking such a major step, the […]
Role of a Business Broker in Buying a Business
Do you know right who is a business broker? Don’t mistake them with business set-up expert, by the way. A broker is an intermediary working on your behalf. Basically, their duty is to the business seller, agreeing to pay the broker commission on completing the transfer of business. Also, they specialize in selling trading entities. […]
What are the Challenges you are like to face when starting a Business in Thailand?
Even though Thailand has a foreigner-friendly environment, expats should be aware of the Foreign Business Act (FBA) as it regulated non-Thai participation in some business activities. Like, you may be told that a foreigner is allowed to invest in agriculture, but were you told that you won’t be able to participate in rice milling. And […]
A Brief Digest on Registering Lease in the Name of Your Company in Thailand
It can be beneficial for you to sign a lease contract using your limited company. If in future you wish to transfer the business to a third party, then you can easily do it by selling the shares to the buyer. That way, the corporate lessee won’t really change. As the buyer usually takes over […]
6 Stages of Buying a Business in Thailand
Here’s the list for you; Define Your Objectives You must determine the maximum total investment in the business, your role in the business, required payback period and return, type of business to consider, and its preferred location. Proper Research To buy a business in a foreign land it is extremely important to have a sound […]
Are You Looking to Invest in Electric Vehicle in EEC Thailand?
If so, then you may be eligible for company registration under BOI. You will be glad to know that the Thai authorities have approved investment plans that worth 29.63 billion baht. These projects are proposed by two Japanese automakers intending to produce hybrid electric vehicles as well as batteries. For the same Nissan Motor is […]
