Tag: doing business in thailand
Working in Thailand as Foreign Entrepreneur
A foreigner who desires to make Thailand his or her home, but is not married to a Thai spouse or working in a Thai company, might consider starting a business enterprise in order to stay in the country. The idea is particularly attractive because with a company in Thailand, a foreigner can be their own […]
Eligibility and Rights of a Patent Holder in Thailand
Who are eligible to apply for a patent application in Thailand? The following classes of persons are eligible to apply: 1) Thai nationals; and 2) foreign nationals under the reciprocity rule. This rule allows foreign nationals of those countries who confer the same privilege to Thai nationals to file a patent application in Thailand. So […]
Utilizing the Thailand-Australia Free Trade Agreement (Continuation…)
What criteria must companies fulfill in order to be eligible to use the TAFTA? In order to enjoy the special privileges enabled by the TAFTA, the company in question must be eligible to apply for a Business Operations Certificate Section 10 of the Foreign Business Act. Within Section 10 is an outline for the criteria […]
Utilizing the Thailand-Australia Free Trade Agreement
Pursuant to the Thailand-Australia Free Trade Agreement, Australians are subject to special privileges which non-Australian foreigners in Thailand may not otherwise be granted. What is the Thai-Australia Free Trade Agreement? In 2003, Australia and Thailand announced intentions to enter into a free trade agreement, which resulted in the Thailand-Australia Free Trade Agreement (TAFTA) becoming operational […]
Hotel Business in Thailand
Most of the time, starting a hotel as a business in Thailand is a very profitable undertaking; however it is subject to quite a significant amount of regulation. Step 1: Business registration and Ownership While a Thai national may register any form of business entity, a private company limited is the most suitable form of […]
US-Thai Treaty of Amity Company
The U.S.-Thailand Amity Treaty has promoted U.S. Thai trade relations since 1966. The treaty requires the Thai government to give businesses owned and run by American investors national treatment. This exempts American businesses from most of the regulations mandated by the Alien Business Law of 1972. For a company to be eligible for Amity Treaty Status, […]
U.S. Firm Applying for a Patent in Thailand
Patent filing in Thailand U.S. firms are eligible to apply for patent protection in Thailand, although if the invention was made in the U.S. you must file an initial patent application there first. If the invention was made in the U.S., you cannot file in Thailand until you receive a foreign filing license or 6 […]
American Company Applying for BOI Incentives
Companies incorporated in the U.S. or majority-owned by Americans are often eligible for incentives from Thailand’s Board of Investment (BOI). For example, BOI promoted businesses are automatically granted a business licence. Investment Promotion Criteria Regulations set requirements for each industry and sub-industry eligible for the promotion. The Board considers the business plan, the viability of […]
Notary Public in Thailand
In many countries, a notary public is an official who is licensed by the government to authenticate signatures or documents, and witness affidavits or statements of persons under oath. In general, a Thailand notary public has no authority to act when not in the jurisdiction of the government where the notary is licensed. Notarization of […]
How to Start a Business in Thailand
If you want to start a business in Thailand, you can set up your business in a number of ways. If you have an international business, you may wish to set up a Thai branch office, Thai representative office or Thai regional office to take advantage of local business opportunities and possible tax advantages. Sole […]
