Are You Thinking of Entering Thailand’s Business Ecosystem?
Nice. But for that, you must have an open mindset and the flexibility to work with a Thai partner. Even though Thailand is a popular leisure destination for Singaporeans, this may not be the same for businesses. However, upon working with local partners you will be able to take the business forward with the help […]
Decoded! Why Do Few Businesses in Thailand Fail Miserably?
It’s just yesterday when someone casually mentioned that he wants to open a business in Thailand and settle. He said that he had visited Bangkok thrice and in so much love with the city that he wishes to stay there. Well, of course, you can always wish, but before taking such a major step, the […]
Role of a Business Broker in Buying a Business
Do you know right who is a business broker? Don’t mistake them with business set-up expert, by the way. A broker is an intermediary working on your behalf. Basically, their duty is to the business seller, agreeing to pay the broker commission on completing the transfer of business. Also, they specialize in selling trading entities. […]
What are the Challenges you are like to face when starting a Business in Thailand?
Even though Thailand has a foreigner-friendly environment, expats should be aware of the Foreign Business Act (FBA) as it regulated non-Thai participation in some business activities. Like, you may be told that a foreigner is allowed to invest in agriculture, but were you told that you won’t be able to participate in rice milling. And […]
A Brief Digest on Registering Lease in the Name of Your Company in Thailand
It can be beneficial for you to sign a lease contract using your limited company. If in future you wish to transfer the business to a third party, then you can easily do it by selling the shares to the buyer. That way, the corporate lessee won’t really change. As the buyer usually takes over […]
6 Stages of Buying a Business in Thailand
Here’s the list for you; Define Your Objectives You must determine the maximum total investment in the business, your role in the business, required payback period and return, type of business to consider, and its preferred location. Proper Research To buy a business in a foreign land it is extremely important to have a sound […]
Are You Looking to Invest in Electric Vehicle in EEC Thailand?
If so, then you may be eligible for company registration under BOI. You will be glad to know that the Thai authorities have approved investment plans that worth 29.63 billion baht. These projects are proposed by two Japanese automakers intending to produce hybrid electric vehicles as well as batteries. For the same Nissan Motor is […]
Should You Rent or Buy Premises for Your Business in Thailand?
If your customers or clients are limited to a certain location, renting a virtual office is more preferable. Property investment is indeed a huge decision, taking up a lot of time, effort and money, of course. Businesses are advised to rent premises, therefore. Besides, buying a property for a foreigner in their name may not […]
Are You Looking to Set-up a Packaged Drinking Water Business in Thailand?
Lovely! That’s quite a good idea to start with. Just so you know a foreign business must have its 51% share reserved for the Thais. Having said that there are ways to secure a foreigner’s interest in the business too. So, fret not! For now, let’s have a look at the ways to start a […]
What is the Cost of Living in Thailand After Retirement?
Well, a lot depends on the type of lifestyle you are looking for. Thailand offers it all, from a lavish retirement to a budgeted one. However, to retire in Thailand as a foreigner you must cater to these following; Age over 50 years; Pension or Saving: Receiving a monthly pension at the amount equivalent to […]
