Capital Management for your Business in Thailand
Starting a business in Thailand is subject to compliance with various Thai laws and regulations. For a foreigner, it includes the existence of a Thai partner in the process of company incorporation if you are not from the United States. Along with this, it is also very tough for foreigners or Thai expats to borrow […]
Foreign Direct Investment in Thailand soars by 80% in Q1
The Thailand Board of Investment (BOI) announced that investment applications in the first quarter of 2021 increased by 80% y/y to a total value of 123.4 billion baht (USD3.9 billion). Projects in the medical and electric and electronics (E&E) sectors are leading the way, and foreign direct investment (FDI) applications in Thailand has more than […]
Thailand BOI and EEC encourages Investment in Thailand in 2021
Board of Investment (BOI) and the Eastern Economic Corridor (EEC) are facilitating investment in Thailand in 2021. Thailand’s legislation on the BOI and the EEC encourage both domestic and international investors to participate in the country. They offer tax and non-tax benefits to projects that are promoted. The article provides an overview of the major […]
How can a Notary Service Provider in Thailand help you?
In most countries, a Notary Public is a state-licensed public official who can certify legal documents, affidavits, signatures, or a statement made under oath. Notary services are crucial because they help establish a guarantee of the document’s authenticity. In Thailand, however, there is no Notary Public. Instead, the Lawyers Council of Thailand creates the Notarial Services […]
Why Hire Local Accounting Services in Thailand?
Experience, knowledge, and, of course, location are all crucial factors to consider when hiring accounting services. People forget the value of face-to-face communication when many big companies operate from overseas or on the other side of the country. This one of the global trends of taking help of local services, be it local accounting firms […]
Can I apply for a Thailand Foreign Business Visa Now?
COVID-19 pandemic has brought with it a multitude of hurdles in business communication and operations. One of such hurdles is restrictions in international transits and barriers in normal human mobility. This makes changes in the immigration rules throughout the globe very obvious. If you are thinking of applying for a Thailand Foreign Business Visa now, […]
Thailand Business Visa Opens Gates to Opportunities!
Thailand is planning to reopen its doors to tourists in July after being closed for nearly a year. Before the virus put the country into lockdown, the beach country attracted almost 20 million visitors in 2019 and close to 3 million visitors in 2020. Tourism accounts for approximately 20% of the GDP. That was about […]
Start your Gaming Business in Thailand in 2021
If you are thinking of starting your business in Thailand, Gaming Industry can be a very promising one. It has the potential to yield high returns on your investments. This is not us, but the data and statistics which are claiming so. Let us take a brief walkthrough of it – There are about 27 […]
Do you know about the Act governing Foreign Business in Thailand?
A large number of foreigners are investing or considering an investment in Thailand’s various sectors. The Foreign Business Act (FBA) is the most essential legislation in this regard since it specifies the types of activities that foreigners are eligible for, as well as the limits that apply to them when doing business in Thailand. As […]
What is the Easiest Way to Register a Foreign Business in Thailand?
The concern section at the Ministry of Commerce will assist you in starting your business in Thailand. However, if you are a non-Thai and depending on your business aims, you may need to apply for a foreign business licence in Thailand to conduct business. Proper business licences allow you to operate in a specific sector […]
