Starting a business in Thailand

Many foreigners now want to start or expand their business in Thailand. Starting a business in a foreign country can be both an opportunity and a rewarding task. Thailand is the Land of Smiles known, and the government will extend that hospitality in the register of companies. There is only one service center to get the business with a place for all information necessary for a new business in Thailand. ThaiGovernment has a big improvement over recent years to expedite the registration of companies in Thailand. Now, a Thai company will be able to be a day of work on behalf of registered Thai company with limited liability on receipt of a confirmation of booking.

New firms can create large and small in Thailand with ease. For a small new company in Thailand, you can easily your new Thai limited liability company with a minimum capital of 2 million baht. The Thai government requiresare at least 25 percent of market capitalization, payable from the date of the meeting on company registration. This initial capital can be used immediately for office rent, my computer, the purchase of stock changes and management fees. As for big business, the board of the Thai government of Investment (BOI) program for specific areas offer many advantages for the choice of Thailand as the starting position. This small software developers, with only a few peopleLarge manufacturing operation. The incentives are tax exemptions, tax evasion of import duties on machinery, fast processing of work permits and visas for foreign workers, and virtually tax free zones for the import of raw materials, used to be and will be exported as finished product (for some sectors) has appointed.

The percentage of ownership of Thai society in the process depends on the type of business registration with the Thai government. The most common type of registration is the ThaiLimited liability company with 2 million baht initial requests sensitive. A foreigner can hold up to 49 per cent of the shares of this type of structure. Thus, partners in Thailand to 51 percent. Business structure BOI offers the possibility of 100 percent ownership in certain categories of enterprises. It is recommended to include a Thai company lawyer assist in planning new businesses to contact in Thailand.