Key Trends Shaping the Economy and Opportunities in Thailand
If you have been planning to invest in Thailand, this is the right time. Why did I say so? Well, look at the statistics, the country’s economic outlook has improved so much. In fact, Thailand is likely to witness 4.1% growth in 2018. And this has been the highest since 2012. To secure growth, benefiting […]
Does Thailand have the Potential for Running a Business Successfully?
With so many people asking the same question, it seems like every second person who visits Thailand wants to establish a business there. Though for the majority it is like a pipe dream, there are expats, who end up setting up a business in Thailand and the fail miserably. Did you just take a back […]
Your Business Manufactures Furniture and Its Parts. Can It be Registered under BOI Thailand?
Yes, provided you have all the documents in place. But then, there are some conditions attached. They are; Projects with an investment in research, product development, and design that is not less than 0.5% of the total project revenue of the initial 3 years; Projects with no investment in research, product development, and design or […]
How is It to Work with Thais in Thailand
The key to having a great time working with Thais is to understand their culture and etiquettes. Needless to say, you will have to abide by the rules and regulations of the country you are living in. So that’s apparent, you will have to do the same when you are in Thailand. Despite the fact […]
How to Set-up an Accounting Service Business
For a foreigner to set up an accounting service business, a limited company is the best option. In fact, that’s what the majority of them do. However, just so you know 51% of the shares must be with the Thais. Plus you must have 3 promoters of the company, who will be later converted into […]
Are You Japanese or Chinese Looking for PR in Thailand?
For your information, permanent residence in Thailand can be categorized into these categories; Investment Work/Business Supporting Thai citizen or being supported by a Thai citizen Supporting alien or being supported by aliens who already have the residence permit Experts Of these, work/business and supporting Thai citizen or being supported by Thai citizen, are the two most […]
Which Type of Company should You Set-up in Thailand?
Though, the majority of the foreigners prefer setting-up a limited liability company in Thailand, there are other forms too. Below mentioned are they; 1. Thai BOI Company The Board of Investment (BOI) approved companies have the advantage edge to enjoy innumerable investment benefits, including significant tax waivers and multiple work permits. Cut short, eligible businesses […]
So, What is This Thai Smart Visa All About?
Highly skilled human resources and investors contributing to the country’s development stand a fair chance of obtaining a Thai smart visa. They can be foreign experts, entrepreneurs, investors, to executives individuals who wish to work or invest in Thailand in the 10 S-Curve industries. Moreover, they can belong to industries like smart electronics, agriculture and […]
Are You Looking to Open an International School in Thailand?
Then you must cater to these following in order to operate an international school in Thailand; It must be majority-owned by Thais; A license holder is a Thai national (with Education faculty qualification); It must have a Thai principal (with Education faculty qualification); These requisites being set by the Ministry of Education, you must have […]
Thailand’s Economic Growth like Never Before
The World Bank has revised up Thailand’s economic growth to 4.1% in 2018 from its previous estimate of 3.6% given its robust performance. Similarly, the bank has forecasted the country’s economy in 2019 and 2020 to 3.8% for both the years plus the global economic growth is expected to remain robust at 3.1% in 2018, […]