Thai Limited Company Registration
Setting up a Limited Company in Thailand is subject to precise legal requirements as per the CCC and regulations of the Department of Business Development (DBD). These include reserving a name through DBD, preparing the MOA and AOA, conducting a statutory meeting, and submitting all the prepared documents for registration. Capital Requirements The capital required […]
Set Up a Representative Office in Thailand
Representative offices manage service businesses for their head office or affiliated companies in different countries. They can perform non-revenue-generating activities such as reporting back information to their head office and shipping products to the company’s affiliates or headquarters. A representative office offers foreign companies a cost-effective and easy way to explore the Thai market. But […]
Thailand Income Tax
Thailand income tax system is governed by the Revenue Code B.E. 2481 (1938), which establishes the principles of taxation on income earned by individuals and entities within Thailand. The income tax regime is administered by the Revenue Department under the Ministry of Finance, which is responsible for issuing tax regulations, collecting taxes, and enforcing compliance. […]
Foreign Business Act
The Foreign Business Act (FBA) B.E. 2542 (1999) is the primary law regulating foreign business operations in Thailand. The FBA outlines the types of businesses foreigners can and cannot engage in, aiming to protect Thai enterprises while allowing foreign investment under controlled conditions. 1. Objectives of the FBA The FBA seeks to: Protect Thai businesses […]
Thai Business Partnerships
Thai Business Partnerships. Thailand, with its strategic location, growing economy, and vibrant culture, has become an attractive destination for foreign investors. Forming a business partnership with Thai entities can offer numerous advantages, such as market access, local expertise, and regulatory compliance. However, navigating the complexities of Thai business culture and legal frameworks requires careful consideration. […]
US-Thailand Treaty of Amity
US-Thailand Treaty of Amity. The Treaty of Amity and Economic Relations, or simply the Amity Treaty, has been a cornerstone of economic ties between the United States and Thailand for over half a century. Signed in 1966, the treaty grants specific benefits to American businesses operating in Thailand. Special Rights for US Businesses The key […]
Mergers & Acquisitions in Thailand
Mergers & Acquisitions in Thailand. Thailand’s thriving economy and strategic location in Southeast Asia make it a hotbed for mergers and acquisitions (M&A) activity. Whether you’re a seasoned investor or a curious newcomer, understanding the M&A landscape in Thailand is crucial for making informed decisions. The M&A Landscape in Thailand While traditional mergers, where two […]
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 […]