Myanmar nationals can set up a health care center in Thailand that will provide care for groups of senior citizens. You must have a Thai partner(s) that will hold at least 51% shares of the company. It can also be eligible for BOI promotion under activity 2.2.2.1 Senior/dependent care center provided that it is majority […]
If you are planning to produce e-bikes in Thailand, you may consider applying for promotion with the Board of Investment. For setting up a Thailand BOI company, you may be eligible for promotion under activity number 3.12, manufacture of electric bicycles (e-bike). If your project gets approved, you can be granted with these incentives: – […]
Foreigners can engage in co-working space business and be eligible for Thailand BOI promotion as a digital ecosystem supported business. Under activity no. 8.3.3 Co-working space, the BOI has the following conditions before they can consider granting the promotion for this project: If the project is approved, the company can be granted non-tax benefits as […]
According to Section 8 of the Foreign Business Act of 1999, foreigners cannot operate businesses in respect of which Thai nationals are not ready to compete with foreigners yet, as prescribed in List Three, unless upon obtaining permission from the Director-General with the approval of the Commission. Hence, the business activities that are in List […]
Under Section 8 of the Foreign Business Act of 1999 foreigners are not allowed to operate any business concerning national safety and security, business affecting arts and culture, tradition and folk handicraft or the business affecting natural resources or environment as prescribed in the List 2 unless permitted by the Minister with the approval of […]
Under Section 118 of Labour Protection Act of 1998, as administered by the Ministry of Labour, an employer should pay severance pay to an employee who is terminated after the employee has work for a consecutive period of 120 days or more. Hence, Section 119 states that an employer may not pay severance pay to […]
Burmese people can buy condominiums in Thailand. Normally, they need to transfer the money from overseas to Thailand in order to pay for the condo. But if they are employed by a BOI company, they do not need to transfer money from their bank account overseas. As one of the many benefits of Thailand BOI […]
If you are on a Non-Immigrant visa and staying in Thailand for more than 90 days, remember to notify your address to the Immigration Bureau every 90 days. This is in accordance with the Immigration Act B.E. 2522. The form to be filed is called TM.47 and it must be done within 15 days before […]
Today, one of our Myanmar clients asked us about the differences on work permit conditions based on the type of business that Myanmar nationals can do in Thailand. For a limited company without BOI promotion, whether it is a Thai majority or Burmese owned company, there must be at least 2 million Baht fully paid-up […]
The business activities which foreigners may engage in are controlled by Thai laws. While some business activities cannot be allowed to foreigners completely, businessmen like Burmese may still engage in some activities with approval from the designated Thai government agency. The Foreign Business Act of 1999 has identified 3 lists of activities in which foreigners […]