How to Set-up an Accounting Service Business
For a foreigner to set up an accounting service business, a limited company is the best option. In fact, that’s what the majority of them do. However, just so you know 51% of the shares must be with the Thais. Plus you must have 3 promoters of the company, who will be later converted into […]
Are You Japanese or Chinese Looking for PR in Thailand?
For your information, permanent residence in Thailand can be categorized into these categories; Investment Work/Business Supporting Thai citizen or being supported by a Thai citizen Supporting alien or being supported by aliens who already have the residence permit Experts Of these, work/business and supporting Thai citizen or being supported by Thai citizen, are the two most […]
Which Type of Company should You Set-up in Thailand?
Though, the majority of the foreigners prefer setting-up a limited liability company in Thailand, there are other forms too. Below mentioned are they; 1. Thai BOI Company The Board of Investment (BOI) approved companies have the advantage edge to enjoy innumerable investment benefits, including significant tax waivers and multiple work permits. Cut short, eligible businesses […]
So, What is This Thai Smart Visa All About?
Highly skilled human resources and investors contributing to the country’s development stand a fair chance of obtaining a Thai smart visa. They can be foreign experts, entrepreneurs, investors, to executives individuals who wish to work or invest in Thailand in the 10 S-Curve industries. Moreover, they can belong to industries like smart electronics, agriculture and […]
Are You Looking to Open an International School in Thailand?
Then you must cater to these following in order to operate an international school in Thailand; It must be majority-owned by Thais; A license holder is a Thai national (with Education faculty qualification); It must have a Thai principal (with Education faculty qualification); These requisites being set by the Ministry of Education, you must have […]
Thailand’s Economic Growth like Never Before
The World Bank has revised up Thailand’s economic growth to 4.1% in 2018 from its previous estimate of 3.6% given its robust performance. Similarly, the bank has forecasted the country’s economy in 2019 and 2020 to 3.8% for both the years plus the global economic growth is expected to remain robust at 3.1% in 2018, […]
BOI Thailand Incentive Schemes for Infrastructure Development
The Board of Investment (BOI) Thailand approval of investment incentive scheme is a good news for the infrastructure industry. More particularly it is for U-Tapao Airport’s Passenger Terminal 3 and Digital Park Thailand (EECd) development projects. The Thai Board of Investment offers the scheme in order to attract more investors for participation in biddings while […]
5 Lucrative Business opportunities in Thailand
In case you don’t know already, Thailand is the second largest economy in Sea with a well-developed infrastructure and a growing GDP. Though Thailand’s economy is diverse, its manufacturing sector is essential and that is very much reflected in the exports by the Swedish companies, wherein types of machinery for the power sector and transport […]
More Trade Opportunities and Investment in Thailand: This is How They are Ensuring.
Thailand is aiming to connect China’s Belt and Road Initiative (BRI) in order to accelerate more investment and trade opportunities in Asia, particularly ASEAN and ACMECS. In the Thailand-China Business Forum 2018, there were almost 1,000 participants from both the countries. Also, the forum was held by the Board of Investment, Thailand to support 6th […]
Things to Know before Thailand FDA Registration
Do you need to import food supplements, pharmaceuticals, and products for animal health, toxic substances, narcotic, and food in Thailand? Then you will require registering with the Food and Drug Administration of Thailand (FDA). However, the time needed for filing a product registration application and receiving registration certificates with the FDA varies hugely. Approximate time […]