Apply for Board of Investment (BOI) Thailand Registration: FAQs

apply for boi thailand registration

If you are a foreign investor or ex-pat in Thailand and planning to start your business in Thailand, then it is highly advisable that you must apply for the Board of Investment (BOI) Company Registration and Promotion. You can avail of loads of tax and non-tax incentives along with exemptions from various duties. All that […]

Start Business in Thailand with a Ready-made Company

start business in thailand with ready made company

As a Foreign Investor, if you want to start a business in Thailand, you have multiple options to do so. The first approach is forming a new company. This involves a procedure that calls for the conclusion of numerous legal requirements. However, there is another option. It refers to the purchase of a Shelf Company […]

Retail or Wholesale Business in Thailand: Capital Requirement

capital requirement for retail or wholesale business in thailand

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 […]

Investment Opportunity in Thailand in 2022

investment opportunity in thailand

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 […]

Benefits of Industrial Estate Authority of Thailand for Foreigners

benefits of industrial estate authority of thailand

The Industrial Estate Authority of Thailand (IEAT) is part of the Ministry of Industry aims to expand the industry sector by the Industrial Estate Authority of Thailand Act (‘the IEAT Act’). The IEAT’s aim is to improve industrial estate and industrial port management so that they can function as ideal strategic production and service bases […]

How to Setup 100% Foreign-Owned Company in Thailand?

setup 100% foreign owned company in thailand

When it comes to a business establishment, Thailand ranks as one of the more attractive options in Southeast Asia. Additionally, tax rates are low, allowing Thailand to compete with Hong Kong and Singapore. Companies frequently choose Thailand as their regional headquarters because of the low tax rate and decent living circumstances. Moreover, it is growing […]

How to form Charitable Foundations in Thailand?

form charitable foundations in thailand

Charities or non-profit organizations, or NPOs are Foundations in Thailand. The ‘Foundation’ is the vehicle through which individuals and organizations carry out charity and non-profit work. Therefore, ‘Foundations’ have to pay tax on any ‘profit’ received. However, this is applicable when income for the tax year exceeds outflow. The current tax rate for these ‘profits’ […]

Emerging Industries to Start Business in Thailand

emerging industries to start business in thailand

Thailand’s economy is one of the fastest-growing in Southeast Asia, and it has made significant contributions to the world economy. It is a fast emerging country with the goal of becoming a high-income economy by 2037. So, if you’re a foreigner looking to start a business in Thailand, this post will help you. Thailand’s rapid […]

Why Invest in Wellness Tourism in Thailand?

In Asia, the Land of Smiles has traditionally been a significant wellness tourism sector. There’s a lot to like about Thailand when it comes to medical travel as well. Thailand holds the comparatively inexpensive cost of treatment, high grade of care, and idyllic locations to relax and recover in. There’s a lot to like about […]

Structures of Foreign Business in Thailand

foreign business structures in thailand

Thailand serves as a gateway to Asia, and it is gradually becoming a strategic location for international investors looking to start or develop their businesses. For a Foreign Business in Thailand, you can form the following structures to enter the Thai market and attain foreign ownership. Let’s have a look at the several sorts of […]