Want to Start a Textile Trading Company in Thailand? This is What You Must Know…
Being a foreigner you are not eligible to have 100% ownership of your textile trading company in Thailand, which means 51% shares of the company must be owned by a Thai national and the remaining 49% must be owned by you. Also, under the Foreign Business Act, a private limited company must have at least […]
Will It be a Wise Decision to Invest in Thailand in the Next Quarter? Thailand’s Economic Outlook is Here for You…
Good news for the Thais! Things seem to be turning around, promising an economic recovery, says a senior executive at Thailand’s stock exchange. The country GDP increased 2.9% from a year ago in the 3rd quarter, backed by domestic spending and exports. The chief strategist and finance officer of the SET says that he is […]
These are the Basics of Thai Work Permit Renewal
To renew your work permit in Thailand before it expires, you will require the same documents you needed for the permit application. In addition, you should bring a tax certificate to prove have duly paid your taxes with the permit. Also, you will need a new medical certificate. For your information, below mentioned are the […]
39 Restrictions on Your Thai Work Permit You should Know
The prohibited businesses for foreigners in Thailand are as follows. If your intended falls under any of these you will not be eligible for Thai work permit. “Labor work except for labor work in fishing boats (under the next category below) Making rice paper by hand Agriculture, animal husbandry, forestry or fishery, except work requiring […]
Thailand’s High-Education Sector in Line with the Country’s Development Policies
Secretary-general Suphat Chamtong expresses the need to prepare courses, which respond to the growth of the targeted industries in the Eastern Economic Corridor. The Thai government has keyed out ten industries as the primary growth drivers for the country, which includes; Aviation and Logistics, Digital Industry, Medical Hub, Food for the Future, Agriculture and Biotechnology, […]
Japanese investment in Thailand Doubled the Next Biggest Investor. The Why’s and How’s
Thailand’s political stability has made it one of the most attractive locations for Japanese investors. Between 1985 and 2016, Japan invested in Thailand around a cumulative total of 2.9 trillion baht (US$85 billion; 2017 rates) that is more than double the USA (the next biggest investor) Besides, Thai agricultural sector has contributed affordable food and […]
I am a Foreigner in Thailand and Want to Set-up a Business There. Is it that Difficult as a Few Said?
Well, people do make a big deal out of it. Of course, it requires your time and patience, may more than what you need when starting a business in your home country. But that doesn’t mean that you will be spending your time in worrying what if things do not work. Doing business in Thailand […]
A Brief Digest on Thai Permanent Residency
Are you seeking Thai Permanent Residency status? Did you check the recent annual quota for foreign PR in Thailand? According to the 2018 quota, anyone who has been living in Thailand for any time period would be eligible to enjoy the benefits of a permanent residence permit. Interested individuals can submit their applications at the […]
AMCHAM and JFCCT Shows Up in Support of Thailand 4.0
The American Chamber of Commerce (AMCHAM) expresses their support to Thailand 4.0 and they would like to find out how their members could be involved more in the Smart Farming Scheme. They, together with the Joint Foreign Chambers of Commerce (JFCCT) conducted a meeting with the Board of Investment, where the following was discussed; BOI […]
A Brief Digest on the Real Estate Market in Bangkok, Thailand
There’s been a tremendous uproar in Thailand’s real estate market over the last five years. Almost 300,000 new condos have been launched and 1.3 million square meters of retail spaces have opened. Not to mention growth in the hospitality and logistics sectors. In 2018, the primary drivers of the growth cycle are changing while creating […]
