4 Thai Provinces to Do Business and Settle
“Thailand is steadily making progress to ease the process of doing business,” says the World Bank. And probably this is why more aspiring entrepreneurs are taking an interest in penetrating the country’s business ecosystem. Thailand is brimming with some solid business opportunities with great tax benefits for investors. If you register your business in Thailand […]
How to Change Shareholder of Your Thai Company?
In Case You Want to Change the Shareholder of Your Thai Company, You Must Know These! a) The procedure is covered under the Thai Civil and Commercial Code Part II. b) The shares (not divisible) in the company must be valued at not lesser than five Baht per share. c) The company’s directors should notify […]
Why and How You Should Start Branch Office in Thailand?
To a lot of people, I have been advising them to set up a branch office in Thailand. Why? Because a parent company can control on operations of its subsidiary; say, it will be easier to have a common operating system to manage the subsidiaries. This means the chances of operational chaos would be lesser. […]
Thai Company Dissolution and Liquidation
Whatever reasons you may have to close your company in Thailand, you need to ensure that it is done in good faith. This article will help you as a step-by-step guide for Thai Company Liquidation and Dissolution in a legit way. However, if your company has a Board of Investment promotion, then the process may […]
Can a US Citizens Start Business in Thailand?
Why not? You must have heard about the US-Thai Amity Treaty. That makes things even easier for any US citizen. In fact, maximum of the foreign investments in Thailand are made by them. On May 29, 1996, the treaty was signed between the USA and Thailand, promoting trade and commerce and reciprocal legal rights between […]
Foreign Business Certificate and Thai Foreign Business License
Is your company BOI promoted? Do you need an ‘automatic’ authorization? Then you must obtain a foreign business certificate in Thailand. It is an automatic authorization, where a foreigner can operate a restricted business. It can be on the basis of a Board of Investment promotion in Thailand or an international treaty. Often many business […]
How to Dissolve BOI Company in Thailand with BOI Status? Know How
There is this Managing Director of a renowned BOI-promoted company in Thailand who wrote to me asking about the company dissolution process in Thailand. Interestingly, this mail was followed by a few others. Nevertheless, you might think why people are looking to dissolve their Thai companies. Apparently, the reasons are completely personal. But those who […]
How To Open Software Company in Thailand?
Apart from being the second largest economy in Asia, Thailand, and its economy are growing rapidly. The economy consists of different sectors. One of them is the software industry. Due to highly skilled software engineers and easy access to raw materials, several software companies are choosing to set their foot in the Thai market. Post-COVID, […]
How To Start Travel Agency in Thailand?
The booming economy of Thailand is heading towards its peak of success with every passing day. A few industries are growing because they are backed by the Board of Investment, some benefited from their location near the Special Economic Zones and some are grown for their value and strong-rooted market in Thailand, for example; Tourism. […]
How To Start Translation Business In Thailand
The continuous economic growth of Thailand makes it a hotspot for business activities. Strong infrastructure and favorable government policies are attracting foreign investors from all over the world. However, the process of starting a business in Thailand includes complex legal processes and involves the translation of legal documents into the target language. Over the past […]
