One way for foreigners to own a business in Thailand 100% is to get an investment promotion by the Board of Investment (BOI Thailand). However you cannot apply for Thailand BOI promotion for a bakery business because it is not one of business activities that we need to promote for foreign investment or expertise at […]
If you are interested in getting BOI promotion for manufacturing of fuel, you may be eligible if the fuel is made from agricultural products, including agricultural scrap or garbage or waste. Because of the nature of manufacturing, your business can be owned 100% by foreigners. The following activities should be the nature or components of […]
A foreigner can bring and sell traditional medicines in Thailand which are branded and licensed overseas provided that he complies with the requirements of Thai Food and Drug Administration (FDA). Such requirements are listed below and is subject to the final decision of the concerned authorities: The products that the foreigner wants to import must […]
If you have an online business such as service, trading on the internet, creating website for trading, internet service provider, web hosting and hub of online marketing, you need to register your business into the E-commerce system. It does not matter if you are a company, partnership or individual. To register, the following documents are […]
This post is about how to set up a factory in an industrial estates, which are governed by the Industrial Estates Authority of Thailand. If you are a foreigner and want to own the factory without having to have a local partner, it is possible. Your business may be eligible for Thailand BOI. Following is […]
There are 3 types of place in Thailand where a factory can be located; industrial estates, industrial parks and other areas (elsewhere outside the first two types). The difference among the three types is as follows. Industrial estates An industrial estate is an area of land specified for industrial purpose providing infrastructure like electricity, water […]
One of our clients is faced with an employment issue. In the company’s work rule, it provides 15 days of annual leave which is much more beneficial than the Thai Labor law requirement which is only 6 days per year. There is no restriction that the employee must take all annual leave within the year. […]
A lot of investors think that when the projects are approved and BOI certificates are issued by Thailand Board of Investment, their income starting from then on is exempted from tax which is not correct. In fact, the eligible promoted investors, who are entitled to use the right and BOI benefits in accordance to Section […]
Closing down a Representative Office in Thailand is much easier than opening it, which requires a lot of documents supporting the application for a Foreign Business License. Here are the documents needed when closing down a representative office to be filed at the Department of Business Development. A letter explaining the reason of closing down the […]
Whenever there is a need of changing Branch Office Manager, there are documents and fee that need to be filed with the Department of Business Development.