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28 March 2024
This guide will expose the common mistakes to avoid, ensuring your Thai journey starts off smooth and successful.
1. Choosing the Wrong Business Structure:
This first step can set the stage for future success or frustration. Avoid these common missteps:
• Misunderstanding Limited Companies: Don't assume every business needs a Limited Company. Explore alternatives like Sole Proprietorships or Partnerships if they better suit your needs and compliance requirements.
• Ignoring Foreign Branch Options: If your existing company is expanding to Thailand, a branch office might be simpler and more cost-effective than registering a new entity.
• Underestimating Subsidiaries: While offering limited liability, subsidiaries require more complex registration and ongoing compliance. Only choose (more...)
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14 March 2024
For this guide will equip you with the knowledge and tips to navigate the legal pathways with confidence and avoid getting lost in the regulatory maze.
1. Choose the Right Structure:
Your first step is to select the perfect foundation for your Thai business. Each structure has its own compliance requirements:
• Limited Company: The most common choice, offering limited liability and flexibility, but requiring regular filings and audits. Think of it as a sturdy banyan tree, resilient and adaptable, but demanding constant care.
• Branch Office: An extension of your existing foreign company, inheriting its regulatory framework and compliance obligations. Imagine it as a grafted branch on your home tree, requiring similar upkeep but within the Thai landscape.
• Subsidiary: A separate (more...)
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28 February 2024
For foreign investors, it offers a fertile ground for business success, thanks to its strategic location, diverse industries, and welcoming policies. But before you set up shop, there's one crucial step – registering your company.
Fear not, intrepid entrepreneur! This guide will navigate you through the process, from choosing the right structure to overcoming any obstacles. So, grab your metaphorical sarong and dive in!
1. Choosing Your Company Structure:
Your first decision is which type of company best suits your needs:
• Limited Company: The most common choice, offering limited liability and flexibility in ownership. Imagine it as a sturdy sapling – strong and adaptable.
• Branch Office: An extension of your existing foreign company, operating under the same name and legal (more...)
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15 February 2024
Are you planning to open a computer keyboard business in Thailand? Well, it needs a well-crafted and effective plan. But if you have never designed a business plan before, the process may appear a little difficult to you.
Learning how to set up a new business in Thailand is not that difficult. You just have to proceed ahead with the right strategy. Your business plan must describe the vision and mission of your business along with the approach that you will use to achieve your objectives. A well-designed business plan can also help you to lead strategic decision-making at every step. Below we have listed a few tips to start a computer keyboard business in Thailand:
Do research about competitors
Before opening your computer keyboard company in Thailand, you should get some information on (more...)
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26 January 2024
The event management business in Thailand can be one of the best ideas for making profits. If you are interested to open a new company in this country, it is good to focus on the event management industry. But make sure you do enough market surveys to understand the demands of the local audience. It will help you to come up with a solid business plan.
The professionals in Thailand can help you with easy company formation. The local agencies can even help you to avail assistance in legal formalities and relevant documentation. Once you complete company registration Thailand, you can start with a new business plan to establish a reputation in the country.
How to start an event management business in Thailand?
Before you do any legal formalities, understand the purpose of opening a new (more...)
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