Forming a BOI Company in Thailand: 2022 Updates
Anyone considering to start a business in Thailand has undoubtedly heard a lot of things that aren’t true. In fact, there is a lot of disinformation about the realities of conducting business in Thailand. Why? Because circumstances have changed. Thailand’s Board of Investment (BOI) means that things have never been better for international business owners […]
Gems and Jewelry Business in Thailand
Who wouldn’t want to visit Thailand’s lovely tourism destinations? In Thailand’s beautiful cities, there are many wonderful things to see. But did you know that this location is also recognized for its extensive jewelry and gem collection? This is the reason why a multitude of varieties of gems and jewelry business in Thailand is mushrooming […]
Start a Freight Forwarding Company in Thailand
With the changing face of the world in recent decades, the number of global shipments has continued to rise. Freight forwarding is one of the most extensively used ways of international transportation for both personal and business purposes. Large freight forwarding companies work with a variety of carriers to manage the shipment of products from […]
Challenges to Know Before Starting Business in Thailand
Because of its strategic position and low-cost labor, Thailand’s expanding economy presents immense promise for businesses. But still, there are numerous challenges that you must overcome before starting business in Thailand. This article aims to provide you with all the relevant solutions to every associated challenge in doing the same. However, negotiating the Thai market […]
Tax Filing Deadlines in Thailand in May 2022
If you are doing business in Thailand, paying taxes on time is one of the most important statutory requirements. According to the Thai Laws, governed by the Department of Business Development and Revenue Department, all types of taxes in Thailand need to be filed in a pre-declared frequency round the year. This article intends to […]
Benefits of Industrial Estate Authority of Thailand for Foreigners
The Industrial Estate Authority of Thailand (IEAT) is part of the Ministry of Industry aims to expand the industry sector by the Industrial Estate Authority of Thailand Act (‘the IEAT Act’). The IEAT’s aim is to improve industrial estate and industrial port management so that they can function as ideal strategic production and service bases […]
Exemptions in Work Permit in Thailand: 2022 Updates
Thailand’s economic scene remains one of the most vibrant in Southeast Asia, despite COVID and the global economic crisis. The economy will revive in due time, due to the efforts of both the public and private sectors to recover from the current uncertainty. Many foreigners may be considering launching a business or working in Thailand […]
Why Should Foreigners Invest in Thailand Free Trade Zones?
Business in Thailand Free Trade Zones can give foreign direct investors in Thailand some extra advantage in their business and investments. Foreign business entries in these Trade Zones receive special attention from the Board of Investment with a prominent presence in the Eastern Economic Corridor (EEC) of Thailand. Before we move into the advantages of […]
Free Trade Zones in Thailand: SEZs
There are two categories of Free Trade Zones in Thailand: Generally, a Special Economic Zone (SEZ) focuses on both manufacturing and exporting. Therefore, by reducing industrial restrictions in Thailand, a Thai Free Trade Zone fosters company operations that benefit the country. There are currently 10 Special Economic Zones (SEZs) in Thailand. So, before we know […]
Board of Investment Roadmap for Foreign Investors in Thailand
As the number of foreign investors in Thailand grows, the government has devised strategies to aid them in establishing their operations in the country. There are numerous restrictions for foreign investors, and the road to establishing a business in Thailand is not straightforward. Therefore, the Board of Investment (BOI) of Thailand was founded to assist […]
