Foreign Direct Investment in Thailand Encouraged by Stimulus Packages
The Board of Investment (BOI) of Thailand approved a series of stimulus packages on December 21, 2020. BOI did this to encourage local and foreign direct investment in Thailand. The government seeks to accelerate Thailand’s economic recovery from the COVID-19 pandemic effect. The BOI will encourage additional investment incentives in 2021. This will include a […]
Tourism Business in Thailand Opening its Gates for FDI
Thailand will shorten the mandatory quarantine period for international visitors beginning next month. But it has delayed a decision to accept vaccination certificates for easier global mobility. It is due to a rise in global virus cases. Still, the government is framing new strategies under the BCG Model to promote tourism business in Thailand. Quarantine […]
Foreign Companies in Thailand to Enjoy Flexible Capital Investment Policies
Thailand’s Ministry of Commerce has always acted as a magnet for Foreign Direct Investment (FDI). The economy has always invited foreign companies and investors to register their business in Thailand. This has boosted the nation’s indices in terms of Ease of Doing Business (EODB). It also helped Thailand to mark a prominent place in south-east […]
Your Business in Thailand can benefit from “Digitalize Thailand”
The Thai Policymakers are emphasizing on “Digitalize Thailand” strategy to revise the economic model of Thailand. It involves various strategies, ideologies and actions which can be useful for your business in Thailand. This article intends to explain the same focusing on its importance for you and your business in Thailand. To understand the importance of […]
BOI Thailand speaks on Investment Opportunities in 2021
The Thailand Board of Investment (BOI) Secretary General is advising investors to concentrate on increasing competitiveness and quality through automation and human resource development. They can do so by taking advantage of the main promotion initiatives open to them, in order to prepare for the anticipated economic recovery and creating investment opportunities in 2021. “We […]
These Business Entities Can Open IT Set-up for Consulting Business in Thailand
Below are the entities that you may consider to establish your IT consulting business in Thailand; Thai Limited Liability Company To start a Thai limited liability company there should be a minimum of 3 shareholders and 1 promoter. Thai BOI Company Companies receiving BOI approval are exempted from the need to have a foreign […]
How to Set Up a Business in Thailand under Amity Treaty?
The Step-By-Step Process to Set Up a Business in Thailand under Amity Treaty is as follows: Step 1 Complete the application form in compliance with Thai Law and submit it along with the necessary documents. Step 2 Upon receiving the application and documents, the CS office will hand over the certificate to the Thai Department […]
On Japan-Thailand Economic Partnership Agreement
Conscious of their strong bond over economics and politics as well as their shared perceptions on other issues, Japan and Thailand has been able to develop a mutually beneficial cooperation. Realizing that economic partnership of the counties would develop new markets while improving economic efficiency and consumer welfare, they decided to sign an agreement. This […]
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 […]
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 […]
