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Thailand is known for its developing and industrialized economy that offers plenty of opportunities to foreign investors. In the present times, the country is experiencing considerable growth with extensive foreign demand, public investments, and domestic consumptions. In the southeast region, Thailand has become the second-largest economy in terms of GDP after Indonesia. This country has become one of the best platforms for investors around the world with the easy availability of liberal economic policies, skilled workforce, and strategic location. Thailand is rated high for its modern legal structure and competitive environment for foreign investments. Moreover, the Thai government is also providing great economic assistance to new businesses in the country. With several new investor- (more...)

Thai law considers five different types of business organizations; the list includes the public limited company, limited company, limited partnership, ordinary registered partnership and ordinary partnership. In this list, the first one is governed under the public limited companies act, whereas the last four entities are managed by the Civil and Commercial Code (CCC). The representative offices, branch offices and regional offices get recognition under the Foreign Business Act. Depending upon what kind of business you are planning to open, it will be governed by the appropriate type of organization. If we talk about a public limited company in which almost 50% or more shares are owned by a foreigner, it will be considered as a foreigner company, and as per the FBA regulations, it has (more...)

When you want to set up a foreign company in Thailand, it is important to get approval as per the FBA act in the country. Foreigners can avail license to set up a business under certain categories based on specific rules and regulations. There are basically three business categories as per FBA act: List one focuses on the businesses with absolutely prohibited foreigners until and unless some exemptions are passed as per the special laws. List 2 includes businesses that are established before setting up Foreign Business Laws. Such types of businesses are allowed to operate under certain conditions. The third category includes businesses that are almost same as Category 1, but the Alien Business License is granted to such investors. Foreigners may need to obtain a foreign business (more...)

Thailand is known for its historical treasures, beautiful beaches, and friendly people. Millions of people love to visit this country every year; tourism has now become one of the key elements for the economic conditions in Thailand. There are so many strategic locations with breath-taking views where tourists can spend some memorable time. Other than this, Thailand is known for its tropical climate, mouth-watering cuisine, and relaxed lifestyle. All these amazing things do not just attract tourists into the country; rather, they also create ultimate investment opportunities. If you are planning to set up a foreign company; Thailand offers all favourable conditions along with reliable growth opportunities. Some of you might be interested to know what makes Thailand a perfect business (more...)

As opposed to common belief, setting up a new business in Thailand, being a foreigner, comes with lots of perks and benefits. If you don't know already, most people who think of moving to a different country in Asia and look forward to establishing a company of their own, Thailand is, without a doubt, their first choice and justifiably so. If you are wondering what some of these advantages are, read on. • Supportive government The supportive government of Thailand that provides innumerable opportunities to magnetize more direct foreign investment is nothing less than a blessing. This is why the process of company registration in Thailand is fairly easy and hassle-free. Although if you are completely new and have no clue how the set up works, we would suggest you seek advice from a (more...)