BOI Registration Priority: You Must Know Competitiveness Enhancement Act
If you are seeking Thailand BOI registration for your business, you must know about the Competitiveness Enhancement Act. Announced on February 12, 2017, this Act is officially known as “National Competitiveness Enhancement for Targeted Industries Act, B.E. 2560 (2017)”. The purpose of this act is to waive off Corporate Income Tax (CIT) for eligible businesses […]
Start a Business in Thailand Post-COVID for Greater ROI
Thailand is one of the few economies in the world quickly recovering from the harsh effect of COVID-19 on the international markets. The purpose of this article is to introduce you to the current scenario of the Thai market. To start a business in Thailand, we recommend you to read through this article for more […]
How to get Work Permit for Thailand in 10 steps?
We all know that Thailand is one of the most eligible regions to invest in business opportunities. For this reason, it was able to attract 1717 BOI Applications in 2020 worth approximately US$ 16 billion. But to get the opportunity to trade in Thailand, it is very essential to get work permit approval in Thailand. […]
Growth Strategies for Small Businesses in Thailand
As a small business in Thailand, you can have plans to expand your operations and increase revenue and profits. However, such strategies must be used by businesses in order to execute a growth plan. The method a business uses to grow is largely determined by its financial condition, competition, and even government regulation. Product expansion, […]
Special COVID Passports Operational in Thailand
May I see your Vaccine Passport? Until the coronavirus epidemic is contained, you have to show evidence of vaccinations wherever you go. It includes airports, stores, and events. Now it is time for COVID passports. You can find traces of similar events or processes if you flip through the history. When visiting yellow fever-prone or […]
Extension on New Labeling Requirements for Business in Thailand
There is a piece of good news! Business in Thailand including manufacturers and importers will have an additional six months to plan for the new rules, taking effect from July 20, 2021. The Thai Industrial Standards Institute (TISI) has postponed a requirement. The requirement includes QR codes as well next to the Thailand Industrial Standards […]
Do you know Corporate Income Tax in Thailand is restructured for 2021?
The Thailand Board of Investment is very strict and particular about payment of Corporate Income Tax in the scheduled parts of the year. But in spite of the stringent guidelines, the Finance Ministry of Thailand has formulated few relaxations in the process. It is because Royal Thai Government is compassionate towards businesses facing tremendous adverse […]
How to Register Your Company in Thailand with Minimum Investment?
Registration of a business entity in a foreign land can involve too many legalities and high investments. That can be one of the reasons why a great portion of investors refuse to do foreign investments. But, if you are willing to register your company in Thailand, then this article is for you. It will guide […]
What is the Scope of Investment under Thailand BOI?
Thailand is the cradle of international business opportunities. For this reason, it is the most sought-after venue for corporate and business houses across the globe. One of the major reasons for such fame is the involvement of the Thailand Board of Investment (BOI) in foreign business processes. BOI promotes Thai overseas investment to attain competitiveness […]
What is new about E-Commerce Business in Thailand?
Are you planning to start an e-commerce business in Thailand? Then there is certainly something good for you to know. There are millions of everyday business transactions and a large number of online customers, e-commerce websites in Thailand. These have become some of Thailand’s most important marketplaces. The growing number of online shops using e-commerce […]