What Do You Need to Know about Alcohol License in Thailand?
An Alcohol License in Thailand enables you or your company to legally sell alcohol in Thailand. The typical establishments that need a liquor license are often bars and restaurants. Also, you would need to hold the license if you planned to import goods or operate as a wholesaler. If you plan to operate a bar, […]
I am a Foreigner in Thailand and Want to Set-up a Business There. Is it that Difficult as a Few Said?
Well, people do make a big deal out of it. Of course, it requires your time and patience, may more than what you need when starting a business in your home country. But that doesn’t mean that you will be spending your time in worrying what if things do not work. Doing business in Thailand […]
Is Doing Business in Thailand is Difficult for Foreigners?
Why only Thailand? It’s the same everywhere. It is quite a challenge for an expat to start business in a foreign land. Not only does he/she have to make a constant effort to understand their language, but also understanding an entirely different business law can be extremely taxing. Having said that, because it is Thailand, […]
Which Law Regulates Foreign Business Establishment in Thailand?
It is typically regulated by the Foreign Business Act (FBA), 1999 that is enacted by the Chaun Leekpai –controlled National Legislative Assembly of Thailand, which limits foreign ownership of a few Thai industries. A foreigner not adhering to the restrictions may have to pay penalties. In fact, non-compliance could lead to a 3-year prison term […]
When to Obtain FDA License in Thailand?
Are you planning to trade consumable products in Thailand! The Food and Drug Administration in Thailand is responsible for the protection of the health and safety of the consumer. Therefore, this department is the issuing authority of the FDA License in Thailand. The department controls the following list of products on the market in Thailand: Drug […]
Are Foreigners Allowed to Open a Bar in Thailand?
Yes, foreigners can open a bar in Thailand only if they have proper permits and comply with Thai regulations. There are ample bars or restaurant-cum-bars in Thailand that have foreign owners. But yes, there is legal nitty-gritty too. The Initial Steps Primarily, to open a bar in Thailand, you must incorporate a juristic entity, like […]
4 Thai Provinces to Do Business and Settle
“Thailand is steadily making progress to ease the process of doing business,” says the World Bank. And probably this is why more aspiring entrepreneurs are taking an interest in penetrating the country’s business ecosystem. Thailand is brimming with some solid business opportunities with great tax benefits for investors. If you register your business in Thailand […]
Is it Profitable to Invest in Thailand?
Is it Profitable to Invest in Thailand? Thailand’s well-defined investment policies focus on liberalization and promote free trade. The Thai government is very supportive of letting private sector penetrate the country’s business ecosystem, especially the ones that contribute to the development of technology, innovation, and skills. This country has been consistently raking among one of […]
This Percentage of Tax You May have to Pay If You are a Foreign Business Owner in Thailand!
This Percentage of Tax You May have to Pay If You are a Foreign Business Owner in Thailand! Do you have a Thai company registered under the Thai law or is it a foreign company doing business in Thailand and registered under foreign law? Or a foreign business that though not carrying business in Thailand, […]
Why and How You Should Start Branch Office in Thailand?
To a lot of people, I have been advising them to set up a branch office in Thailand. Why? Because a parent company can control on operations of its subsidiary; say, it will be easier to have a common operating system to manage the subsidiaries. This means the chances of operational chaos would be lesser. […]
