Retail or Wholesale Business in Thailand: Capital Requirement
There is prohibition in foreign investment to start a wholesale or retail business in Thailand under the Foreign Business Act of 1999. However, there are exceptions on the basis of minimum capital requirements. Moreover, the conditions of engagement of a foreign company in a retail and a wholesale business are not identical. Additionally, the issue […]
How Foreign Investors in Thailand Can Protect Their Investment?
Foreign investors frequently do business in Thailand through a joint venture with a local Thai partner. The main reason behind this association is not only to increase capacity, resources, technical expertise, and access to established markets and distribution channels but also to hold strong potential for growth and innovative ideas. Nonetheless, due to regulatory restrictions, […]
Public Limited Companies in Thailand: 2022 Amendments
The Public Limited Companies Act (No. 4) B.E. 2565 (2022) was approved by the Government and published in the Government Gazette on May 23, 2022 in Thailand. The new law modifies the previous version of the Public Limited Businesses Act. It does so by allowing electronic Board of Directors (BOD) and shareholder meetings. Additionally, it […]
Company Registration in Thailand: Pre & Post-Incorporation Explained!
Company Registration in Thailand is a simple procedure, but you must make some smart decisions along the way. The government provides a variety of incentives and assistance to foreign investors to help them run their businesses smoothly. Department of Business Development (DBD), Ministry of Commerce, Thailand oversees the full company registration procedure. Additionally, they can […]
Investment Opportunity in Thailand in 2022
Thailand offers several commercial prospects for foreign investors due to its industrialized and rising economy. With a fast rising population and exports, the country is experiencing solid growth, fueled by state investment, foreign demand, and local consumption. Thailand’s economy is also the second-largest in Southeast Asia, after Indonesia, in terms of GDP. Post-COVID, there is […]
Gems and Jewelry Business in Thailand
Who wouldn’t want to visit Thailand’s lovely tourism destinations? In Thailand’s beautiful cities, there are many wonderful things to see. But did you know that this location is also recognized for its extensive jewelry and gem collection? This is the reason why a multitude of varieties of gems and jewelry business in Thailand is mushrooming […]
Start an eCommerce Business in Thailand in 2022
Are you a foreign investor seeking to start an eCommerce business in Thailand in 2022? Then this article will help you as your guide in the process. Thailand is a great growth environment for e-commerce enterprises due to its rising internet user population. The Thai e-commerce market is currently valued at US$3.5 billion and is […]
Challenges to Know Before Starting Business in Thailand
Because of its strategic position and low-cost labor, Thailand’s expanding economy presents immense promise for businesses. But still, there are numerous challenges that you must overcome before starting business in Thailand. This article aims to provide you with all the relevant solutions to every associated challenge in doing the same. However, negotiating the Thai market […]
Private Limited Company in Thailand for Foreigners
A Private Limited Company in Thailand is the most popular business form in the kingdom. It is popular among foreign enterprises and entrepreneurs wishing to grow into the Thai market. Additionally, foreigner investors prefer this category, as it allows them to own property, live, and work in Thailand. Thailand encourages foreign direct investment. However, foreign […]
Board of Investment Roadmap for Foreign Investors in Thailand
As the number of foreign investors in Thailand grows, the government has devised strategies to aid them in establishing their operations in the country. There are numerous restrictions for foreign investors, and the road to establishing a business in Thailand is not straightforward. Therefore, the Board of Investment (BOI) of Thailand was founded to assist […]
