Category: Company Registration
Setting Up a Company in Thailand
If you are looking to start your first business in Thailand, it is crucial to understand the legal implications and processes you will need to go through. The task could be challenging and time-consuming, but with proper preparation and trusted advice from qualified experts, you will be able to get a company up and running […]
Steps for Company Registration in Thailand
Thailand is amongst one of the most attractive countries in the region for foreigners to set up a business due to its strategic location in Southeast Asia, the growing economy, and the system that supports foreign investment. If you are an entrepreneur who wishes to grow your business in the Kingdom of Thailand, here is […]
How to Apply for Board of Investment in Thailand
The Kingdom of Thailand, the 2nd largest economy in South East Asia, standing at the heart of the ASEAN economic community. Also known as the “Gateway of Asia” due to its strategic location having millions of consumers, having excellent connections from other fast-growing countries, which is the reason it attracts investors all over the world. […]
Foreign Business: Wholesale and Retail Minimum Capital Requirements
The Foreign Business Act of 1999 restricts both wholesale and retail businesses from foreign investment, with exceptions depending on the amount of minimum capital. However, the conditions under which a foreign business may engage in either is not exactly the same and furthermore the issue is complicated by other minimum capital requirements in the Act. […]
Developing a Luxury Hotel for Rent in Thailand
Thai law does not require condominium projects to be registered under the Condominium Act of 1979 and accordingly a popular type of development found in the tourist resort areas of Thailand is the unregistered condominium, which is usually marketed as luxury hotels. Typically, investors who purchase units in such projects do not do so for […]
Setting Up Company Partnerships under Thai Law
The Civil and Commercial Code of Thailand assists with the formation of partnerships similar to those found in the laws of other countries. However, partnerships are normally not formed by foreign investors due to particular difficulties that arise due to the Foreign Business Act of 1999. Generally speaking, the formation of a limited company is […]
Mergers and Acquisitions: Corporate Income Tax Implications
Under the Revenue Code of Thailand, what are the corporate income tax and other tax implications arising after a merger and acquisition? The basic principle under Thai law is that after a merger, the amalgamated company inherits the rights and liabilities of the former companies.1 This principle is particularly relevant in terms of tax liability. […]
Rules and guidelines on how a foreign company may set up its own Representative Office in Thailand
Previously, we discussed the main characteristics and features of the Representative Office according to Thai law, including its main purpose and the activities in which it is allowed to conduct. In this article, we will address the rules and guidelines regarding how a foreign company may set up its own Representative Office in Thailand. Generally […]
Board of Investment Recommends New Investment Package
The Office of the Board of Investment is a government agency under the Office of the Prime Minister. Its core roles and responsibilities are to promote valuable investment, both investments into Thailand and Thai overseas investment. The Board of Investment (BOI) likewise aims to achieve sustainable growth in accordance with the sufficiency economy policy. In […]
What is required to open a company in Thailand?
There are many reasons why a foreign national would like to open a business in Thailand. Establishing a Thai company may assist a foreigner to purchase property, live in Thailand, or work in Thailand. The Thai government would like the primary intent of forming a company to be the building of new businesses to earn […]
