5 Facts about Amity Treaty Limited Liability Company (LLC) in Thailand
An Amity Treaty LLC in Thailand can be 100% foreign-owned and can have exemptions from most restrictions on foreign investment. It is according to the Alien Business Law, 1972. But there are some myths about this type of business entity. Let find out the actual facts; Amity Treaty Limited Liability Company can be set up […]
Bangkok’s Studies on Japanese Direct Investment in Thailand
It is done to encourage and support Japanese direct investment activities of small and medium enterprises (SMEs) and this includes potential joint ventures between the countries’ firms. Seminars are hosted, providing information about the investment ecosystem in Thailand while reviewing the country’s corporate and labour laws. A senior investment advisor was stationed at the office […]
Chinese Tourists Want to Resume Their Travels to Thailand
According to the latest survey of consumers in some of the first-tier cities of China states that almost 53% of the respondents are willing to travel overseas in 2020. When we all are contemplating whether it would be safe to travel after withdrawal of lockdown, these respondents said that they would travel solo/independent instead of […]
Will It be a Good Decision to Invest in Manufacturing Industry of Thailand?
So, Thailand’s manufacturing industry constitutes of producing a wide range of goods from electronics, automobiles and parts, textiles and garments, footwear, computers, integrated circuits, to cement. And since most of these items are for exports, they bring in huge amount of income to the country. If you don’t know already, the country is currently the […]
Visa Extensions for Foreigners in Thailand Affected Due to COVID-19
Considering the closure of borders worldwide under this pandemic, on 8th April 2020, the Thai government has granted visa extensions for the expats who are unable to leave the country. To prevent the virus spread, Thailand has temporarily closed nine border checkpoints on 22nd March 2020. Access points including land, air, and sea have been […]
BOI Implements Measures under The Emergency Decree to Counter COVID-19 Economic Effect
The Board of Investment Thailand assures to remain as committed as before. And they will continue serving the investors’ needs. They announced some practical measures to make sure that they continue to service companies even in this critical period in order to deal with the economic loss due to the spread of the COVID-19. To […]
How Thailand is Dealing with the Impact of COVID-19
With the spread of COVID-19, Thailand was initially positioned to be one of the highest-risk countries globally considering its economic and geographic ties to China. However, with their proactive approach, the country is in a good stead to deal from the crisis while reducing the disruption. So, what does this mean for Thailand’s present and […]
COVID-19 Taking a Toll on the East and South-East Asia
With the increase of coronavirus cases worldwide, there are deep concerns over its impact on the economy. “The ASEAN+3 Macroeconomic Research Office (AMRO) states that the pandemic can deduct half a percentage point from the financial growth of regional economies.” Apart from China, the effect can be felt in the remaining ASEAN+3 economic bloc, including […]
EAP Countries Must Act Now to Counter the Economic Shock of Covid-19
The virus is causing economic shock globally soon after triggering a supply shock in China. Though East Asia and the Pacific (EAP) had their macroeconomic policies and financial regulations in place to deal with the normal quivers, they are now witnessing disruptive events. Needless to say, these economic pains are seemingly unavoidable. Countries must act […]
5 Major Tax Relief Measures by Thai Government to Counter COVID-19
Amidst the COVID-19 chaos and lockdown, it is no-brainer that there’s going to be a massive economic loss worldwide. To help the SMEs cope up with the current situation, Thai Government, on March 27, 2020, issued the following tax relief measures; Deduction in Interest Expense SMEs will be able to claim a 150% deduction for […]
