Thailand’s Tourism and Hotel Industry Outlook for 2018-2020
An annual growth of 8-10% in international arrivals and 5-7% in domestic tourism is forecasted for the period 2018-2020. It is likely that the country will be benefitted from Chinese arrivals, remaining a continuous driving force in the tourism or hotel sector. With MICE experiencing solid growth in Thailand, hotels rendering services in the country […]
How Foreigners can Have a Company in Thailand Legally
To set up a company in Thailand a foreigner will at first to incorporate a juristic entity, which is usually a Limited Company. For that the company’s name must be reserved, based on the owner’s preference. But you need to keep in mind that the name should be industry specific and should elaborate the business scope. […]
Top 5 Challenges of Doing Business in Thailand
Hats off to them who chooses to setup business in a foreign land. I almost end up panicking thinking the amount of toll one has to take to even trying to make an identity outside his home country. However, thanks to Thailand, the country has saved so many from spending sleepless nights. But one cannot […]
Want to Set-up a Business in Thailand? Are You Considering a Foundry?
We did it too. Not a foundry, though. After being in Southeast Asia and Thailand for so many years, I with my colleagues decided to set up a business in Bangkok. As we navigated through the fascinating business ecosystem, we were continuously absorbed by the challenges faced until we learned about the Board of Investment […]
Have You been Looking to Start a Business in Thailand?
That’s great! Are you decided about the kind of business you want to start there and the entity you want to open? No? Well, I know how difficult it is especially when you are planning to get started in a country that offers ample opportunities to the foreigners. But you need to cut down your […]
Do You Want to Work in Your Own Business in Thailand?
Then the most practical way of doing that would be to form a limited company. Below mentioned is the procedure; Register capital for the limited company. Make sure that the company has at least two million baht registered share capital for the work permit in Thailand. You must pay a minimum salary of 25,000 to […]
How to Look for a Partner to Start a Business in Thailand
By now we all know that a foreigner will have to allow 51% shares to Thais, whereas 49% himself to open limited company in Thailand. Well, this may be fine for the ones who are already in connection with Thais, but what about those who, though have sufficient capital to start a business, do not […]
Trading Company in Thailand Is That What You Want to Start?
Great! You will be glad to know that the time and cost; apparently the two most important elements for a successful business; is significantly lower in Thailand than the average neighboring countries in the East Asia. So, you can be happy about your decision. But did you get your import/export license in Thailand? If not […]
Everything You Need to Know about the US-Thai Treaty of Amity
Even if you have heard about the US-Thai Treaty of Amity, there are possibilities that you may not know 100% about its legal nitty-gritty. While you may know that it was signed on May 29, 1966 to grant special rights to the US citizens who want to establish their businesses in Thailand, there are few […]
A Day in Thailand is Equal to 500 Dopamine Hitting Your Brain…
Starting with mouthwatering delicacies, from succulent pork, fresh meats to the world-famous scrumptious coconut ice-cream; take-no-promise Muay Thai; ever-cheerful and welcoming Thai people to the country’s ubiquitous tuk-tuk, Thailand offers everything to trigger your happy chemicals. And how can I miss out on the quintessential Thai aroma! The distinctive smell reminds you of refreshing […]
