Do You Want to Invest in the Digital Economy of Thailand?
Thailand is all set to witness a sea-change in the digital industry with the True Digital Park. It is receiving investment privileges from the Board of Investment. Situated on Sukhumvit Road, this park is expected to soon become a global success while promoting technology and innovation development in Thailand. This is the right time to […]
Why People are Saying 2019 to be a Great Year for Investment in Thailand?
Well, the reasons are many. Thailand government along with the private sectors is taking ample initiatives to attract investments in the country. Hence, it is expected that the private investment will sprung up, prompted by the infrastructure projects. In fact, the Japanese clients have signaled higher investments in Thailand this year in comparison to the […]
Are You Looking for Thai Foreign Business License?
If so, then you should know that business laws reserve few rights for Thai nationals. Thus, foreign investors face restrictions to do business in Thailand. According to the Foreign Business Act, there are three types of business activities; List 1: Includes businesses that are not permitted to foreigners: Newspaper publication, TV Station and Radio Broadcasting; […]
Thailand is All Set for Its 4th Industrial Revolution
So, which industries is it adopting? Primarily, oil and gas, chemicals, and utilities. Cisco’s president (ASEAN) said that the manufacturing is a major driver of economic growth for the same region, which contributes US$60 billion or around 21% to the region’s gross domestic product. Also, he expected it to multiply to $1.4 trillion by 2028. […]
Are You Looking for Business Accounting Service in Thailand?
Do you need someone to take care of your company’s monthly, quarterly, & year-end reviews, prepare financial statements, get reports (book and tax purposes), management reporting, financial analysis, and prepare adjusted trial balance? Of course, you can have an in-house team for that, but if you are a start-up or a small-scale company that will cost you a lot. Instead […]
The Board of Investment of Thailand is all Set to Boost Rail Services Development
The Board of Investment general says in the latest BOI meeting that measures are to be taken to attract investment in the rail development and other infrastructure for consistent economic growth. And thus it is decided that the investment projects related to this sector will receive a 50% tax break for the first 3 to […]
Setting-up a Human Resources Development Company under BOI Thailand
Deputy Secretary-General, Mr. Narit Therdsteerasukdi, has recently signed a Memorandum of Understanding (MoU) on the account of human resource development in order to have required skills for the targeted industries in The Eastern Economic Corridor. This MoU was signed between parties including the Office of the Higher Education Commission, Thailand Board of Investment, the Office […]
Will Specific Business Tax be Added in Your Corporate Income Tax Calculation?
Could be, if your company specializes in finance, real estate, sale of life insurance policies, sales of securities on the Stock Exchange of Thailand, commercial banking, or pawnshop! However, selling of immovable properties may apply to companies or individuals in Thailand. Even though there are some exceptions are applicable, the majority of the sales are […]
This is the Time to Seize Your Opportunity to Invest in Thailand
116 projects worth 106.79 billion baht have been approved for Eastern Economic Corridor (EEC) development. Yours too can contribute here. The projects are to be developed on a 300,000 square meters in the areas including Surat Thani, Nakhon Si Thammarat, Ranong, and Chumphon during the 2019-22. This 4-year plan is likely to cover four strategic […]
The When and How of a Work Permit in Thailand
If offered a job in Thailand, about to establish a limited company, and if you already have a company and thus requesting a non-immigrant visa for an applicant, it is then you can obtain a work permit in Thailand. If you fall under any of these cases, you may be eligible to obtain a work […]
