Set Up a Representative Office in Thailand
Expanding into the Thai market doesn’t always require establishing a full-scale business operation. For many foreign companies looking to explore the market, gather data, or support local customers, setting up a Representative Office in Thailand is an ideal and cost-effective solution. Unlike a limited company, a Representative Office is not allowed to generate income but […]
The First Steps in Thai Limited Company Registration
Starting a business in Thailand can be a rewarding venture, but navigating the legal landscape is critical to ensuring a smooth setup. For both Thai nationals and foreign investors, registering a Thai limited company is the most common and efficient structure for conducting business in the Kingdom. A limited company offers flexibility, a clear legal […]
Foreign Business Act
The Foreign Business Act (FBA) is a cornerstone regulation governing foreign business activities in Thailand. It defines which business activities are open or restricted to foreign entities, establishing a framework that aims to protect local industries while encouraging foreign investment. 1. Overview of the FBA Enacted in 1999, the FBA outlines the rules under which […]
Registering a Company Under the Thailand Board of Investment
Registering a company under the Thailand Board of Investment means that you will be eligible for a wide range of business incentives. These incentives vary depending on the industry that you are in and may include tax exemptions or other benefits. The BOI will focus on making businesses more competitive and innovative while also ensuring […]
US-Thai Treaty of Amity
The US-Thai Treaty of Amity grants American citizens protections not available to nationals of other nations. Most significantly, companies with American majority ownership are granted “National Treatment.” This means that they receive the same benefits as Thai companies. It also protects them from punishments under Thailand’s Customs Department’s arbitrary value-adding system. Business visas Business visas […]
Thailand Board of Investment
The Thailand Board of Investment (BOI) stands as a pivotal agency in Thailand’s economic landscape, driving foreign direct investment and spearheading economic growth. Established with a mission to attract and facilitate investments, the BOI plays a crucial role in propelling Thailand’s industrial and technological advancements. This article delves into the significance, functions, incentives, and application […]