Foreign entrepreneurs who are interested to open a retail business in Thailand can take advantage of the country’s strategic position in Asia, which is beneficial due to its geographic location as a gateway to the center of Asia, with convenient access to the dynamic markets of the area, as well as due to…
If you are a foreign citizen looking to open a company in Thailand, it is important for you to know that, because of the rapid growth of the international trading market and the growth of economic relations between the nations, double tax treaties have increased their numbers worldwide. The Thailand-U.S. double tax treaty was signed in 1997, marking…
If you are a foreign investor looking to establish a travel agency in Thailand, you should know that the tourism sector is one of the most profitable industries in this country. Thailand is one of the top locations to visit for adventure purposes but also for its cultural heritage. Many people enjoy visiting Bangkok while others travel…
A holding company is a corporation with no substantial activities of its own, whose business operations consist primarily of holding shares in other active firms (domestic and/or foreign) and accomplishing its earnings from these types of investments. A holding company is also a company created to buy and own the shares of other companies, which…
A joint venture in Thailand is an agreement between two or more parties, which are companies, come together for the same business purpose. The partnership may be formed by two companies merging or by two companies coordinating the business activities in a joint manner. Joint ventures between Thai and foreign companies are common…
Are you a foreign investor looking to open a partnership in Thailand? Here is what you should know. In this country, there are three types of partnerships which are recognized: 1. The Unregistered Ordinary Partnership: it is a partnership where all the partners have joint and entire liability for all the obligations;2. The Registered…
For persons that are non-residents of Thailand, setting up a bank account in this country is an option that heavily depends on an important condition, namely the possession of a work permit/visa here. Persons that possess one can open a bank account in Thailand at one of the following banks: Bangkok, Thai Bank, Kasikorn, Siam…
Foreign investors interested in expanding their business operations on the Thai market should know that they have several options under which they can do business here. A first method refers to the incorporation of a new company, a process which requires the completion of many legal aspects; the second option refers to the purchase of…
WE ARE THE NO. 1 SPECIALISTS IN COMPANY FORMATION IN THAILAND We can assist investors throughout the entire company registration procedure in Thailand in order to legally set up their businesses in this country.Tax incentives are in addition to the favorable business climate in Thailand. Investors can benefit from tax and non-tax…
