Essential Information in Doing Business in Thailand
Doing a business in Thailand is now profitable for most investors. It has a very stable economic condition which is favorable for many businesses. Aside from this, the strategic location of Thailand is another factor that makes business in Thailand advantageous.
There are many things that are needed in applying business registration in Thailand. Before applying for business registration in Thailand you must choose the type of operation that you wanted for your company. There are several forms of business operation in Thailand and in deciding which form you would want for your business requires many essential aspects.
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07 March 2012
Filed under:
24 February 2012
For Thailand company registration, we've been helping expats of all nationalities register companies here in Thailand for more than 7 years through our registered and licensed Thai law firm. We have a very experienced English speaking Thai Attorneys that can assist you in just about all legal oriented matters here in Thailand. We recommend you to register Thailand company.
The process of register company in Thailand through our assistance is relatively easy and simple. We can usually have your company setup and under your full control within 3-4 weeks. However when registering a Thailand company for foreign ownership there are a few things to consider to ensure that you can retain control and ownership of your company. A lot of these considerations you may miss and not complete correctly (more...)
Filed under:
22 February 2012
Establishing Company Limited in Thailand
TILALEGAL.com
NAME; three possible names for your company are submitted to Department of Commerce to check availability, they will approved one and notify back within 3 business days.
DIRECTOR(S); can be one or more in number and can be either foreigner or Thai. The director(s) is/are the only person(s) authorized to sign on behalf of the company. Two directors can be appointed as a control mechanism. It is recommended to have a Thai Director listed if applying for a Work Permit (WP) because they can sign for the WP application. Only a foreigner holding a WP can sign for another WP application hence a Thai Director is needed.
SHAREHOLDERS; can be foreigners or Thai, as long as the Thais hold at least 51 percent of the company (more...)
Filed under:
05 February 2012
As a foreigner doing business in Thailand or investment in Thailand, after you register company in Thailand, have you ever asked yourself, "What are the legal issue related to starting business in Thailand? "What are the steps I need to take to fire and/or lay off staff in Thailand after starting a business inThailand?
Termination Situations
There are only three common employee termination situation in Thailand after Thailand business registration completed:
Layoffs;
Firing staff for underperformance; and
Firing staff for gross misconduct.
In each of these situation, keep in mind that the reason given for the termination is very important. This is because it affects the employer's potential liability.
Thailand Severance Calculation Summary
Employee worked consecutively in Thailand (more...)
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