Blog
08 December 2020
Entrepreneurs that are interested to set up a new business in Thailand need a solid financial backup to begin with the idea. One should be more realistic about the capital amount even at the planning stage to lead it well.
For most entrepreneurs, the decision about whether it is the right time to start a business or not is more dependent on available funding. Although there are plenty of ways to receive financial support for your start-up, sometimes it can be risky as well. Even successful business ideas also fail just because of the lack of financial backup.
Before doing company registration in Thailand , one should analyze the different aspects of setting up a business as well as future goals. Even one wrong step in this process can lead to potential debts for your business in the (more...)
Filed under:
08 December 2020
Entrepreneurs that are interested to set up a new business in Thailand need a solid financial backup to begin with the idea. One should be more realistic about the capital amount even at the planning stage to lead it well.
For most entrepreneurs, the decision about whether it is the right time to start a business or not is more dependent on available funding. Although there are plenty of ways to receive financial support for your start-up, sometimes it can be risky as well. Even successful business ideas also fail just because of the lack of financial backup.
Before doing company registration in Thailand
, one should analyze the different aspects of setting up a business as well as future goals. Even one wrong step in this process can lead to potential debts for your business in the long (more...)
Filed under:
27 November 2020
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...)
Filed under:
20 November 2020
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...)
Filed under:
26 October 2020
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...)
Filed under:
Please feel free to contact us for a free consultation with our English-speaking lawyers. Give us a call or complete the form below and press submit, we guarantee to respond within 24 hours.
Call Us +66 (0)2-662-2077
For a FREE No Obligation Consultation
Please Contact Us Today
|
||||||||||||
|
