Tax Audit and Compliance for Foreign Business in Thailand
Albert Einstein once stated that the hardest thing to understand in this world is Income Tax. If the genius can have a problem in understanding taxation, you and I can be very prone to misinterpretation. This article will guide you to understand the tax audit and compliance for a foreign business in Thailand. Overview The […]
Thailand Business Visa Opens Gates to Opportunities!
Thailand is planning to reopen its doors to tourists in July after being closed for nearly a year. Before the virus put the country into lockdown, the beach country attracted almost 20 million visitors in 2019 and close to 3 million visitors in 2020. Tourism accounts for approximately 20% of the GDP. That was about […]
Start your Gaming Business in Thailand in 2021
If you are thinking of starting your business in Thailand, Gaming Industry can be a very promising one. It has the potential to yield high returns on your investments. This is not us, but the data and statistics which are claiming so. Let us take a brief walkthrough of it – There are about 27 […]
Do you know about the Act governing Foreign Business in Thailand?
A large number of foreigners are investing or considering an investment in Thailand’s various sectors. The Foreign Business Act (FBA) is the most essential legislation in this regard since it specifies the types of activities that foreigners are eligible for, as well as the limits that apply to them when doing business in Thailand. As […]
What is the Easiest Way to Register a Foreign Business in Thailand?
The concern section at the Ministry of Commerce will assist you in starting your business in Thailand. However, if you are a non-Thai and depending on your business aims, you may need to apply for a foreign business licence in Thailand to conduct business. Proper business licences allow you to operate in a specific sector […]
Foreign Companies in Thailand to Enjoy Flexible Capital Investment Policies
Thailand’s Ministry of Commerce has always acted as a magnet for Foreign Direct Investment (FDI). The economy has always invited foreign companies and investors to register their business in Thailand. This has boosted the nation’s indices in terms of Ease of Doing Business (EODB). It also helped Thailand to mark a prominent place in south-east […]
Your Business in Thailand can benefit from New Meeting Laws
Physical meetings are infeasible due to government lockdowns and legislation restricting gatherings. This is to reduce the risk of further spreading the disease, the COVID-19 pandemic. It has resulted in a huge increase in the popularity of electronic meetings among businesses all over the world. The new electronic meeting law announced by Thailand Government can […]
Importance of BCG Economy Model for Foreign Business in Thailand
The COVID-19 pandemic has created a great impact on the global economic growth and development patterns and Thailand is also not any exemption. Leading economies of the world has witnessed setbacks and are in the quest of gaining avenues to recover from the loss. Interestingly, the Thailand Board of Investment adopted a brilliant strategy of […]
Do You Need a Work Permit in Thailand for Businesses under US-Thai Treaty of Amity?
To know whether you will need a Work Permit for Amity Treaty Company in Thailand, you must know about the treaty relations. American individuals and businesses are allowed to own majority (more than 51%) shares of a Thai Limited Corporation through a US Treaty of Amity Company. The US Treaty of Amity also allowed American […]
Can Foreigners Start Agriculture Business in Thailand?
It is very common knowledge in the international business fraternity that foreign investors cannot start an agriculture business in Thailand. But, this is not always true. There are certain protocols abiding which foreign investors can invest in the agriculture business in Thailand. Additionally, they can do so by owning agricultural land in Thailand. This article […]
