Setting up a chocolate factory in Thailand A foreign client wanting to set up a chocolate factory in Thailand consulted with Thai Lawyers on the process of doing so. Here are the steps involved: Register a new company. As you will be a manufacturer, you can set up your company without a Thai partner to […]
Foreigners and manufacturing business in Thailand Once you decided to manufacture goods in Thailand, two options are available for you: either rent a ready-made factory or buy (or lease) land and build your own factory. Foreign Ownership of Land While in general, foreign companies or individuals cannot buy and own land in Thailand, there […]
Manufacturing of Ceramic Products Thailand has been encouraging and promoting projects in the mining industry and manufacturing for many relevant products for economic benefits. The Board of Investment of Thailand has established a clear policy to welcome foreign investors to participate in the development of large-scale projects that involves minerals, ceramic and basic metals. […]
Importing Wine from France To meet the requirements of importation of wine into Thailand, there are certain rules one needs to follow. Firstly, to register a business there needs to be 3 promoters. For the company to open up a warehouse in Thailand, they need to have a household registration number from the landlord where […]
Investment Promotion for Manufacture of Hard Disk Drive Since the last decade, Thailand has been the biggest manufacturer of hard disk drives. Thailand offers low cost, literate and high quality labour and national infrastructure that facilitates the export market. The big digital companies are now manufacturing their products in Thailand to take advantages of […]
BOI Promotion for Economic Forest Plantation The BOI provides incentives and benefits for doing business in Thailand within the economic forest plantation industry. This does not include the forestation of Eucalyptus trees. As global growth and populations have increased, environmental leaders have shared the importance of sustainable forest plantation and healthy economic incentives. To […]
International Trading Center or ITC, in Thailand, is a company incorporated under Thai laws that purchases and sell goods, raw materials and parts or that provides international trading related services to juristic persons incorporated under foreign laws. ITC related services include: Procurement of goods Warehousing and inventory services prior to delivery Packaging services Transportation of […]
International Headquarters or IHQ is described as a company incorporated under Thai laws that provides any of the following activities to its branches or “associated enterprises”, whether located in Thailand or abroad: Managerial services or technical services Supporting services engaged in:General management, business planning and business coordination 2.1 General management, business planning and business coordination […]
One of our foreign clients would like to buy an existing accounting and legal firm owned by Thais. They asked us if they need the foreign business license and how to obtain it. As per the Foreign Business Act, despite being a Thai registered company with majority foreign ownership, the company’s status is defined as […]
We get a lot of inquiries from foreign companies or business people (who are seeking investors to buy into their business in other countries or to lend them money) asking us to verify if their investment deal is legitimate. In most cases, the investor, supposedly in Thailand, tells the foreign companies that they need to […]