Many companies decide to have offices in the Asiatic region and many companies choose Thailand as the place to do it but what motivates them to do this? Many companies now are seeing Singapore and the like as a more attractive venue for an office due to the red tape of having a business in Thailand and also the obvious reasons such as the high amount of corruption. There are also tales of staff being employed who are not qualified or companies taking advantage of the corruption to ensure their own survival which would obviously put in to question the actual legality of the company to start with.
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Many people simply want to try and run a business just to see if they can whilst others believe that (more...)
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25 December 2012
Register Company in Thailand can be a lengthy process at the best of times and it also varies depending on the type of company that is being registered. The majority of companies in Thailand are PLC based and so registering a company of that nature seems the easiest type to discuss in this article. Essentially this is a five step process that involves everything from reserving the name and getting it approved to appointing directors and having the first meeting.
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Paperwork is the order of the day with this process and this is to be expected given the nature of the task and there is definitely a lot of paperwork involved if you wish to register a PLC company as part of registering a company (more...)
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29 February 2012
Start a business in Thailand in the Right Track
Why many foreign investors are excited to start a business in Thailand? Thailand is the land of smiles where many business opportunities attract more investors to invest in this country. Because of the clear and concise policy in liberalization as well as free trading in Thailand, more investors have been lured to try and start a business in Thailand.
There are various types of business that you have to consider if you want to start a business in Thailand. Among these types is the sole proprietorship. This kind of business is not required to register the business however the owner is in charge all the unlimited liabilities that the business might incur. Therefore all the assets that the sole proprietor has are subject for liquidation. (more...)
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