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 […]
Some of Thailand BOI promoted activities are classified as of special importance and benefit to the country and the Board of Investment grants the promoted companies corporate income tax exemption without a cap plus other rights and benefits. Those high priority Thailand BOI promoted activities are Category 1.3 Economic forest plantations (except for eucalyptus) Category 3.9 Creative product design […]
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.
Foreign companies should plan carefully whether your presence in Thailand should be just a Representative Office or a Branch Office.
The Thailand Board of Investment (BOI) has recently approved its “Seven-Year Investment Strategy” (from 2015 to 2021), with a focus on promoting investments that create value for Thailand and those that have a positive impact on society and the environment as well as for Thai investments overseas to enhance the country’s competitiveness and overcome the […]
In consideration on approval of service business for the affiliated or group company, the Foreign Business Committee will consider the details of information in the application for the foreign business license together with the supplementary documents according to the scope of the services to the affiliated company or group company as follows:- For Business in […]
This is a continuation of the previous article regarding the Foreign Business License application of service business for the affiliated or group company. Here, we list the information and supplementary documents for the consideration of Foreign Business License application. In consideration on approval of service business for the affiliated or group company, the Foreign Business […]
Foreign businesses can be permitted to operate in Thailand provided that proper licenses are obtained before the start of operation. Today, we discuss the guidelines of consideration on the permission for Foreign Business Operation in the category of services to affiliated or group company. In general, providing services to the affiliated or group company which […]
There are certain ways on how foreigners can do business in Thailand. If a certain business is restricted to foreigners, one must obtain a Foreign Business License in order to be permitted to operate in Thailand. When applying for a Foreign Business License, details of the type of business for which a license application is […]
Foreigners planning to have a business in Thailand operating either as a Branch Office or Representative Office of a company incorporated under the laws of a foreign country, or as a Thai limited company incorporated under Thai laws with majority shares owned by foreigners, need to have the minimum capital required by Thailand Foreign Business […]