How Thai BCG Economy is good for Investment?
The Bio-Circular-Green Economic Model, or BCG, has been proposed by academics and advocated by the Thai government as a new economic model for inclusive and long-term growth. The Thai BCG Economy model uses technology and innovation to turn Thailand into a value-based and innovation-driven economy, leveraging the country’s assets in biological diversity and cultural richness. […]
Benefits of Limited Company in Thailand
A private limited company is an ideal structure for most foreign businesses and entrepreneurs. You can set it up either in partnership with a Thai national or opt for foreign ownership (up to 100%). A limited company in Thailand is one of the most popular business structures, especially for foreigners intending to start a business […]
Business Setup in Thailand: Corporate Compliance
Your business setup in Thailand must meet compliance standards both before and after the incorporation. Therefore, it is critical that you adhere to these legal obligations. This article will discuss the corporate compliance criteria that a Thai business must meet. Business Setup Requirements in Thailand Company Name Applicant must reserve the name of the firm […]
Company Setup in Thailand: 100% Foreign Ownership
Yes, it is possible. This possibility is high for businesses conducting export or BOI-approved business activities or for American Citizenship of business owners. However, you may not qualify for such types of entities. Yet, you will be able to perform your business by incorporating a private limited company. There are various other methods to form […]
10-Year Thai Visa for Foreign Investors & Skilled Professionals
The Thai government has authorized a fresh economic stimulus package to encourage foreign direct investment and immigration of skilled professionals. It comes with a much-desired 10-year Thai visa benefit. This is a move that will take effect next year in order to speed the post-Covid19 economic recovery. Thanakorn Wangbookongchana, a government spokesman, disclosed the immigration, […]
Invest in Thailand: Automobile Industry Insights
The analysts of one of Thailand’s biggest banks predict that Thailand’s automobile sector will achieve 3-4% growth in 2021. The growth in the sector saw a dip due to the COVID-19 pandemic. This growth is due to the increase in overseas demand resulting in a high volume of exports. With an increase in demand for […]
Property Tax in Thailand: All You Need to Know
The Building and Land Tax Act of Thailand governs the regulation of the collection of building, housing, and land taxes annually. Although there is no universal annual property tax in Thailand, if private owners rent out or utilize their property for commercial purposes, a 12.5% annual housing and rent tax is applied. However, for many […]
Foreign Investment in Thailand: COVID FAQs
COVID-19 situations are the causes of great disruptions across the world, especially in cross-border or international transits. Long stretches of lockdowns and suppression in mobility affect the normal course of trade and business. Foreign Investment in Thailand also suffered greatly due to the pandemic. But as a continual effort of the Royal Thai Government to […]
Property Lease Agreement in Thailand
Foreigners frequently misunderstand the significance of a lease agreement in Thailand. Owing to this reason, we will be presenting an in-depth analysis of the land leasing agreement in Thailand. The lessee can utilise such an arrangement to hire or rent a property from the lessor. It’s important to understand that a property lease agreement does […]
Startup in Thailand: Know the Ecosystem!
Either you start your business or bootstrap your startup in Thailand, you must know about the respective ecosystem of the industry in the nation. This article is going to explain the startup ecosystem of Thailand vividly in reference to the GII indices. Global Innovation Index (GII) is one of the trustworthy metrics for entrepreneurs in […]
