Is Half Yearly Reporting in Thailand Good For Your Business?

Certainly! Half yearly reporting in Thailand will free up the time of the management and the auditors and will improve the quality of the reported numbers. Let’s get down to the pros straight!         Half yearly reporting being a straightforward and simple process, it enables the stakeholders to keep a tab on […]

Bank Account Opening in Thailand for Foreigners

bank account in thailand

If you are relocating to Thailand or visiting for an extended period of time, you can quickly discover that accessing your money can be costly. As a result, as a foreigner, you would need to open a bank account. Most banks will need a work visa, while others will allow you to open an account […]

Transfer Power of Attorney in Thailand from Your Native Country?

Yes, of course. Just take a wise decision in choosing the right person. There can be events or circumstances when you may not be available in Thailand during the Transfer of Power of Attorney process. Added to this, it can be one of the very urgent needs to do so.  Let us clarify, that there […]

BOI Thailand Widens Scope for Foreign Investment

Thailand cradles the avenues of emerging and endless business opportunities in the region. The Royal Thai Government gives a great emphasis on a free-and-fair trade policy for foreign investors. BOI Thailand encourages these policies by announcing various schemes to promote Foreign Direct Investment in Thailand.  The Board of Investment (BOI) in Thailand is exclusively involved […]

Thailand BOI Applications 2020 led by Food and E&E

On February 10, 2021, the Thailand Board of Investment (BOI) announced that 1,717 applications are submitted in 2020. The investment worth of these applications is 481.1 billion baht (USD16 billion). Ventures in the electric and communications, agriculture and food processing industries, and a surge in the medical sector lead the way. Secretary-General speaks on Thailand […]

Invest In Thailand In The New Normal

Are you willing to invest in Thailand? That is undoubtedly a brilliant idea. But you should research thoroughly before doing so.  It is because the COVID-19 outbreak has brought in a change in tides in the Thai Market. It is true that the Thai GDP is witnessing a fast-paced recovery. But still, you must go […]

What to Know Before Starting Manufacturing Business in Thailand?

manufacturing business in thailand

Are you thinking about starting a manufacturing business in Thailand? Then you must know about the Thai legal framework which governs the industry.  Information on the relevant acts and licenses ruling the manufacturing industry in Thailand is very important for you in the process. Let us help you in the process. This article intends to […]

Your Business in Thailand: A Thai Bio-Economy Stakeholder

Bio-economy has been one of the most focused agendas of business and strategic importance for the Royal Thai Government. In association with the Board of Investment, the Thai government is formulating various plans and schemes to promote the same. Amazingly, your business in Thailand can also be a stakeholder of the Thai Bio-economy.  The major […]

Foreign Direct Investment in Thailand Encouraged by Stimulus Packages

The Board of Investment (BOI) of Thailand approved a series of stimulus packages on December 21, 2020. BOI did this to encourage local and foreign direct investment in Thailand. The government seeks to accelerate Thailand’s economic recovery from the COVID-19 pandemic effect. The BOI will encourage additional investment incentives in 2021. This will include a […]

Tourism Business in Thailand Opening its Gates for FDI

Thailand will shorten the mandatory quarantine period for international visitors beginning next month. But it has delayed a decision to accept vaccination certificates for easier global mobility. It is due to a rise in global virus cases. Still, the government is framing new strategies under the BCG Model to promote tourism business in Thailand. Quarantine […]