Thailand Board of Investment Approves Projects to Produce Electric Vehicles
Below mentioned are three types of electric vehicles approved by the Thailand Board of Investment; Hybrid Electric Vehicles (HEV) Plug-in Hybrid Electric Vehicles (PHEV) Battery Electric Vehicles (BEV) Approved Projects Mitsubishi Motors (Thailand) Co. Ltd, with its 5.48 billion baht investment for upgrading their production line at the Laem Chabang Industrial Estate; Sammitr Group with […]
When Your Company should Estimate Tax Liability and Do Half Yearly Reporting in Thailand?
Your company must calculate its annual net profit and its tax liability and pay half of the estimated tax amount in 2 months after the first 6 months of the accounting period. For example: If your company’s accounting period ends on December 31 – the first six months constitute the months of January – June. Your […]
Should Opening an Online Entertainment Business in Thailand be a Wise Decision? How to Do?
As we all are aware of how the online world has taken over almost everything, opening an online entertainment business can be a good choice. It could be anything from series, shows or online games. Considering the present situation, online games have gained huge popularity; not that it was any less before, but surely it […]
Two State Banks and BOI to Assist SMEs Affected by the COVID-19
The Board of Investment had joined hands with two state-backed banks to assist the SMEs affected by the pandemic. The BOI worked with the Small and Medium Enterprise Development Bank of Thailand (SME D Bank) and Export-Import Bank of Thailand (EXIM Bank) to arrange a seminar online to speak on “SME solution for the COVID-19 […]
The Biggest Cash Injection Ever in Southeast Asia’s 2nd Biggest Economy
A whooping 1.9 trillion baht package has been approved by Thailand’s parliament as Southeast Asia’s second-largest economy is likely to contract by 6% to 7% in 2020. Parliament’s lower house on Sunday voted for the approval of the three main emergency decrees, offering financial support to the businesses. It is expected that the first decree […]
Can You Appeal for the Rejected Trademark Registration Application in Thailand?
Yes, rejected applications must be taken to the Trademark Board who has the power: To decide appeals against the registrar’s orders or decisions; To consider and order the petitions for trademark cancellations or license agreements; The Trademark Board includes; The DG (director general) of the Department of Intellectual Property; The attorney general or any of […]
Changing Agricultural Practices in Thailand Deserves a Closer Look as This can be Viable Business Opportunity
Fields of sunflowers, and piled up dragon fruit at the roadside stalls are sheer spectacles that is only visible in Saraburi, a Thai province situated at the north of Bangkok. And you would be thrilled to know how the farmers here are using the latest technology to improve their life. Earlier, if there were any […]
Updates on Import/Export License in Thailand for Traders
If you are considering trading as a business in Thailand, then you must know that an import/export license is a must. Basically, it is a smart card for the traders. For the license you will need the following documents; Company affidavit of your company in Thailand, Copy of corporate book bank, Original passport/ Thai ID […]
Thailand’s Measures and New Incentives to Frontline Health Services and Back-end Supply Chains
Board of Investment, Thailand granted additional measures in the month of April to fast track investments in the manufacturing of medical equipment that could have positive implications for the healthcare sector’s strategic goals. We all know Thailand’s response to the pandemic has been robust and this could have been possible because of their excellent health […]
4 Reasons Why should You Outsourcing Payroll Management in Thailand
Needless to say, payroll is a crucial part of a business much like customer service, advertising, or marketing. It is not a twice-monthly task. It also involves how retaining employees, rewarding them and similarly compensating for their work. Putting all your time for payroll management Thailand may not be a wise thing to do, especially […]
