What Do You Need to Know about Alcohol License in Thailand?
An Alcohol License in Thailand enables you or your company to legally sell alcohol in Thailand. The typical establishments that need a liquor license are often bars and restaurants. Also, you would need to hold the license if you planned to import goods or operate as a wholesaler. If you plan to operate a bar, […]
Should You Rent or Buy Premises for Your Business in Thailand?
If your customers or clients are limited to a certain location, renting a virtual office is more preferable. Property investment is indeed a huge decision, taking up a lot of time, effort and money, of course. Businesses are advised to rent premises, therefore. Besides, buying a property for a foreigner in their name may not […]
Are You Looking to Set-up a Packaged Drinking Water Business in Thailand?
Lovely! That’s quite a good idea to start with. Just so you know a foreign business must have its 51% share reserved for the Thais. Having said that there are ways to secure a foreigner’s interest in the business too. So, fret not! For now, let’s have a look at the ways to start a […]
What is the Cost of Living in Thailand After Retirement?
Well, a lot depends on the type of lifestyle you are looking for. Thailand offers it all, from a lavish retirement to a budgeted one. However, to retire in Thailand as a foreigner you must cater to these following; Age over 50 years; Pension or Saving: Receiving a monthly pension at the amount equivalent to […]
How to Overcome the Challenges of Starting a Business in Thailand as a Foreigner
Let’s face it, the difficulties to start a business in a foreign land is more than opening it in your country. Having said that everything has its pros and cons. So the food news is this too can be dealt. However, that it is in Thailand half of your problem is solved there. Considering the […]
When is the Best Time to Start a Business in Thailand?
Well, when you have sufficient capital, a proper business plan, and most importantly when you are completely ready to put in all your efforts and time on the venture. The wisest of the thing would be not rushing into any business without necessary research. Fine, you can take suggestions from people, but in the end, […]
All that You Need to Know about Asset Sale in Thailand
Doesn’t matter if you are buying a business for sale as it is equally a start-up situation. As a business closes down, the selling price depends on its asset transfer value. There are times when business people agree to pay even a huge premium for an empty shop if it is in a good location. […]
How to Find a Customs Clearance Agent in Thailand?
When looking for customs clearance in Thailand, you must be aware of the types of services you can expect from an agent or agency. Let’s read on; Analyzing shipping documentation for ensuring compliance; Coordinating transportation, distribution of goods, and storage; Preparing and submitting documents to the government agencies; Streamlining the clearance process; Proper classification of […]
Thai Digital Economy is Becoming a Reality
Telecommunication infrastructure, broadcast infrastructure, and information technology – all are gradually shaping up the Thai Digital Economy. Thailand’s constant efforts in developing a strong base for digital infrastructure are evident from a variety of incentives. Supporting the government’s digital policy, the Board of Investment has modified Activity 7.9.2.3 Data Center. Additionally, it has added Activity […]
Digital Content is a BOI-Approved Business in Thailand
Yes, you heard it right. Digital content is indeed one of the approved activities for Thailand BOI privileges. Under the category 5.7.2 Software Business, it grants 5 years CIT exemption without keeping the cap. So, how do you classify digital content? Let’s read below! Web Application Does your make an application accessible through browser or […]
