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A number of foreign investors, especially those from Western nations like the United Kingdom and United States have a dream of running their own bar in Thailand. Some investors think of it as something of a retirement fund without really knowing the intricacies of company registration in Thailand. It is widely believed that bars in Thailand are among the most lucrative businesses in the nation. Certainly, with an estimated 17 million tourists visiting Thailand each year as well as the huge population and reputation for wild nightlife, successful bar owners in Thailand are certainly wealthy. As well as the need to be careful when it comes to financing the bar and estimating the amount of money required to keep it running, investors must also be aware of the issues they face when it comes (more...)