5 reasons why foreigners would create a business in Thailand

common contractor running a business as the life of primary or secondary source of income with the intention of the company grows to obtain sufficient return. Setting up a business in Thailand can be a serious debate, but making money for others, may just be a piece of the front. Depending on the willingness of each individual, here are some very common reasons for which foreigners have formed a company in Thailand.

Foreigners can not own land in Thailand and the foundation of a society isOne way to go about it. A registered Thai company with majority Thai possible to buy land in Thailand. In fact, has become very common in the past that acquires a foreign national participation in Thailand as a minority shareholder in a company owned a majority Thai ownership. Foreign companies with BOI privileges or "BOI promoted companies" can also rent or land.
For most Thais, a visa for other countries is a struggle. Formation of a company in Thailand is a better way to help your ThaiGirlfriend / boyfriend / spouse to obtain a visa. You can rent your partner in the firm or make it an even better job for shareholders. So you can build and take up employment and helped her to become financially independent in order to make her qualified to apply for a visa. This is very common to live Foreigner-Thai couple separated, and that the partners intend to get a Thai visa for another country.
Thailand is known all over the world as the land of smiles. But, on the contrary, some call it countryScam for any reason. If you have a girlfriend or fiancee, and is expected to marry, you may consider protecting your assets by creating a society where there are both shareholders before initiating proceedings for the legal process of your wedding. We can never predict the future. For all you singles, it's never too late.
In Thailand, there are agencies and law firms to help foreigners who will each receive a one-year visa in Thailand by nationality and country of origin. However, Visaoutside Thailand may need a visa run every 90 days on display. It 's a hassle for some to travel to the border every 90 days. If you own a business in Thailand, you can get the visa for one year in Thailand and for the period from a calendar year without the need to stay outside the country in general.
Getting a work permit in Thailand is not easy for foreigners or foreign companies with employees. The Ministry of Labour is increasingly stringent in providing this time and allowThe company must also comply with all necessary documents. Starting a business in Thailand with an initial capital of at least two million baht, is by far the easiest and fastest way to get a work permit and long-term visa for Thailand.

Company registration before the Ministry of Trade is now the same day of registration of memorandum of Association be given that all the shares, which have already been processed, the session was held legal, the promoterhanded the business managers and to pay 25 percent of the total shares had been granted by the shareholders. For companies that are possible under the definition of the Foreign Business Act, the first capital is three million Baht 100 per cent fall in full (paid for exceptions). But for those who do not engage in activities of FBA, the initial capital requirement is specified 2 million baht paid. Other minimum capital requirements may also apply if the companyis to employ foreigners.

You can check the setting of a law firm in Thailand, who speaks English and Thai language support you with Thailand company registration and the visa process in Thailand and work.