Actual Cost of Doing Business in Thailand
Are you all set to do your business in Thailand? If yes, you must recheck the mandatory expenses that will help you plan your budget. This article aims to provide you with updated information on the actual cost of starting or doing business in Thailand. We believe that as an investor, you must have done […]
India Thailand Relationship: 75 Years & more to go!
India – Thailand relationship has eventually grown stronger due to bilateral relations between the nations since 1947. The two countries will have diplomatic relations for 75 years in 2022. Moreover, Thailand’s “Look West” and India’s “Act East” policies lays the groundwork for expansion. Note that, this expansion targets the economic and diplomatic cooperation in a […]
How Japanese Investors Can Start Business in Thailand?
According to the Thailand Board of Investment (BOI), Japan is a significant investor in Thailand. Notably, these investments are in important sectors like the automobile industry. The Eastern Economic Corridor, or the Eastern Special Development Zone, is an SEZ in three provinces along Thailand’s eastern seaboard. Major investors in this zone include Japanese businessmen. So […]
China-Thai FTA enabling Chinese to Setup Company in Thailand
A Free Trade Agreement (FTA) is a contract between two or more nations that eliminates trade restrictions and facilitates trade. The FTA creates a more open and competitive global market. It does so by allowing goods to be purchased and sold across international borders. Moreover, FTAs reduces or eliminates government tariffs, quotas, or subsidies. If […]
Thailand Saudi Arabia Relation Improves Creating New Opportunities
The relationship between Thailand and Saudi Arabia has significantly improved after more than three decades. In January 2022, when Thai Prime Minister Prayuth Chan-o-cha visited Saudi Arabia, talks were taking place. The Blue Diamond Affair broke off bilateral ties between the two countries in 1989–1990. Ever since then, this was the highest-level interaction between the […]
Can Australians Set Up Company in Thailand with 100% Ownership?
Thailand is fast becoming a rich northern frontier for Australian business. Additionally, it is a commanding gateway to the region’s economic powerhouses India and China. Thailand also connects well with Indochina and the Greater Mekong sub-region. So, this article aims to explain the process of how Australians can set up a company in Thailand in […]
Start Business in Thailand: Is Thai Partner Mandatory?
The Thai Civil and Commercial Code treats Thai and Foreign Shareholders equally when it comes to start a business in Thailand. Due to this, foreigners are free to start their own business in Thailand without a Thai partner. Foreign Business Act B.E. 2542 (1999) (FBA) imposes some limitations on the types of business activities that […]
Start Food Production Plant in Thailand: Quick Guide
Are you planning to start some business in Thailand? We recommend you to start a Food Production Plant in Thailand. With a great leap in the Foreign Direct Investment indices, Thailand homes one of the agriculturally richest facilities in the world. Moreover, you will never face any significant crisis of resources or skilled manpower in […]
Open a Representative Office in Thailand: The Government Fees
To carry out specific non-revenue-generating activities, a foreign organization may open a Representative Office in Thailand. Foreigner can carry out only the following activities: Let’s quickly review the requirements to open a representative office in Thailand before we talk about the government fees. Alien Business Permit In accordance with Annex C, Chapter 3(1) of NEC […]
Business in Thailand: 6 Recovering Economic Trends in 2022
The economic landscape in Thailand will change significantly in 2022. The country’s recovery trajectory supports the World Bank’s forecast from December 2021, which predicts a 3.9% growth in 2022. The growth could still alter, though, depending on how the economy and business sector respond to new trends in 2022. The best time to invest in […]
