Incorporation
Our Story
Thailand has become a great business base. Post Covid-19, the Thai government has come up with several programs and new laws to attract foreign investors and we will likely see more of these new stimulus economic packages. In the past years, we have seen an increasing number of clients choosing Bangkok as their Asia hub instead of Hong Kong or Singapore. One of the main reason is the lower cost of renting office space and cost of living for their staff. In addition, the Thai young workforce are becoming increasingly better educated and have better English skills, than perhaps a decade ago.
Thailand is at a strategic crossroad in Southeast Asia, making it reasonably accessible to travel to North Asia, the Middle East, Europe, and Oceania. In addition, the warmth and openness of the Thai people and the beautiful tourist destinations makes Thailand a very attractive business base.
StartUp
A lot of businesses in Thailand are restricted to majority Thai shareholding companies. However, there are many exceptions where companies can have 100% foreign ownership, such as through the Board of Investment of Thailand and/or through the Foreign Business Act for example. If the company will generate more than Baht 1.8 million per year, it will need to register for VAT, except if it’s in a non-VAT business such as real estate business.
The Board of Investment has also enacted new rules for high net worth individuals to live and work in Thailand through their programs known as Long Term Visa. More details can be seen from the BOI website.
The Board of Investment has also enacted new rules for high net worth individuals to live and work in Thailand through their programs known as Long Term Visa. More details can be seen from the BOI website.
Our Services
BOI applications
Real estate transactions
Labor laws
Contract drafting
Licensing applications
Trademark application
Startup your business