6 Things to Ensure after Incorporating Limited Company in Thailand
6 Things to Ensure after Incorporating Limited Company in Thailand Did you get your limited company incorporated in Thailand or are you planning to do so? Though you will get plenty of information on how to incorporate a limited company, there will be hardly any talking about the things-to-do after. However, this piece of […]
Thailand Ranks 26th in the World Bank’s Ease of Doing Business Rankings
Thailand’s Leap to 26th Place to 48th Makes Way for Hassle-Free Thai Business Set-up Setting up business in Thailand by foreign companies is going to be easier in the coming year. As you may know, the country has made a long jump to being the 26th in the World Bank’s Ease of Doing Business Rankings […]
Thailand Tax Planning: Everything that You Need to Know
Thailand Tax Planning: Everything that You Need to Know A foreign company doing business in Thailand shall pay 30% tax on the profit derived from business, whether or not it has a branch, an office and an employee in the country. On the other hand, an International Transportation Company is liable to pay tax at […]
Groundbreaking Opportunities for Foreign Investors in Robotics Manufacturing In Thailand
Groundbreaking Opportunities for Foreign Investors in Robotics Manufacturing In Thailand Thailand is set to double the employment opportunities in the robotics industry by 2018. According to the International Federation of Robotics (IFR), the estimated figure is likely to be a jump from 7,500 employees to over 15,000. In fact, the IFR has estimated an increase […]
9 Types of Business Entities in Thailand
9 Types of Business Entities in Thailand Thai Limited Liability Company Typically, it is governed by the Civil and Commercial Code, requiring at least 3 shareholders and 1 promoter. A Thai Limited Liability company can be fully foreign owned. In the majority of the cases, minimum 51% of the shares are held by the Thai […]
How to Do Bookkeeping for Sole Proprietor: Explained
How to Do Bookkeeping for Sole Proprietor: Explained You know already how important it is to keep accurate financial records, especially for a sole proprietor. I mean if you are a sole proprietor you already know the challenges you face every day. Any sole proprietor is personally responsible for the personal assets and business debts. […]
Congrats Foreign Investors! 51% Thai Ownership Rule in Aviation Industry is No More
Congrats Foreign Investors! 51% Thai Ownership Rule in Aviation Industry is No More Good news! The cabinet has recently passed a new bill on the civil aviation, authorizing the Civil Aviation Board to fix the foreign ownership proportion in aviation business in Thailand. Similarly, it aims at bettering Thailand’s aviation industry to enable it to […]
List of Tax and Non-Tax Incentives Granted to BOI Registered Companies
List of Tax and Non-Tax Incentives Granted to BOI Registered Companies I am sure you know already that a BOI registered company gets to enjoy many tax and non-tax benefits. While you may know a few, there are a lot more than what you can imagine. Typically, the BOI incentives are offered based on the […]
5 Tax Saving Tips by Tax Experts in Thailand
5 Tax Saving Tips by Tax Experts in Thailand When you are self-employed, you pay everything, from 12.4% of Social Security to 2.9% for Medicare. While employees pay 6.2% of their earnings for Social Security, the self-employed will pay more than 15%. And if your business earned more net profit, you owe Self Employment (SE) […]
Top 10 FAQ on Thai Business Visa – Thailand Business Visa
Top 10 FAQ on Thai Business Visa I want to carry out business in Thailand. What type of Thai business visa do I need? Note I am a foreigner. You will need to obtain B visa if you wish to do business in Thailand. I am a Brazilian. Do I need a visa to do […]
