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 […]
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 […]
Business in Thailand for Japanese: Comprehensive Guide
Japan has been Thailand’s leading investor for the past five years, according to the Foreign Business Operations Act of 1999. (FBOA). The Thailand Board of Investment (BoI) is the government agency in charge of giving investment incentives. According to its latest announcements, Japan leads the list of FDI source nations in 2021. Business inflow from […]
Free Trade Zones in Thailand: SEZs
There are two categories of Free Trade Zones in Thailand: Generally, a Special Economic Zone (SEZ) focuses on both manufacturing and exporting. Therefore, by reducing industrial restrictions in Thailand, a Thai Free Trade Zone fosters company operations that benefit the country. There are currently 10 Special Economic Zones (SEZs) in Thailand. So, before we know […]
Do I Need A Foreign Business License in Thailand?
The Foreign Business Act (FBA) of Thailand outlines some business models that are forbidden to foreign companies. However, there is an approach that allows foreign companies to participate in such operations, which is acquiring the Foreign Business License in Thailand. For more information on the license, keep reading. Who is a Foreigner for Foreign Business […]
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 […]
6 Reasons Why You Should Invest In Thailand
Traveling to the kingdom of Thailand is no longer limited to shopping, tourism, or relaxation purpose only. It is because the Thai economy is now growing rapidly. Therefore, the Royal Thai Government is inviting expats to make investments in various business areas. The Thai government believes in a free and open economy and is popular […]
