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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...)

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...)

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...)

If you wish to Start a business in Thailand. The first step of the company registrationprocess is the name reservation. This process will takes approx 2-3 days. A promotor is required to supply the requested company name together with two alternative names to us TILALEGAL and we pass it to the Thai ministry of commerce. The registrar will then examine the application in order to ensure that: No similar company names have previously been reserved; and that The names submitted do not violate any ministerial rules. If the name of Thai company that you wish to register a company in Thailand is in conflict with either of the above that name will be rejected, and the registrar will consider the alternative name submitted. Thai processof name reservation of Thailand company registration (more...)