In general, foreigners can engage in export business without having the Thai partner. Hence, if a foreigner wants to export chicken parts, he can setup a 100% foreign owned company and do exports provided that he gets the necessary permits. To do so, a Health Certificate from the Department of Livestock Development and Export Permit […]
Previously, we talked about the business of fertilizer production in Thailand. Today, we got an inquiry on how to import fertilizers to be sold in Thailand. The first step is to set up a limited company, either as a Thai majority owned or a 100% foreign owned provided that it has been granted a Foreign […]
A Branch Office or a Representative Office that is permitted to operate the business in Thailand must comply with certain conditions. One of these conditions is the remittance of its investment capital from the Head Office. The minimum capital to register a Branch or Representative Office in Thailand is THB 3 million. The Head Office […]
Currently, there must be a minimum of 2 promoters to form a private limited company in Thailand. Company promoters are responsible for registering the company with the Department of Business Development of the Ministry of Commerce. The promoters must be individuals, not juristic persons or company and must be 12 years of age or older. […]
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 […]
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 […]
Myanmar nationals can engage in tourism business activities in Thailand with their Thai partners but they cannot work as tour guides. According to the notification of the Ministry of Labour, all foreigners are not allowed to work as a tour guide in Thailand which involves: – bringing in individual or group tourists to travel to […]
Myanmar nationals can set up a Representative Office of their Myanmar company in Thailand if the business that they want to do does not involve any income generating activities. A Representative Office is a kind of business set up by an overseas-based company to render marketing and other non-operational activities in Thailand. For instance, a […]
Like other nationalities, Myanmar nationals can set up a company in Thailand without the need of a Thai partner for certain activities. Hence, you can fully own the company if you engage in the following business activities: Contact ThaiLawyers to discuss about the best option for you to do business in Thailand or get a […]