A Thailand foreign company is a business entity which shares are majority-owned by non-Thai nationals or foreigners. Certain types of businesses are prohibited to be owned by non-Thai persons or activities if they are listed in the prohibited categories of Foreign Business Act. If the foreign company or entity seeks to conduct business in one of the prohibited categories of business, it must obtain a business license according to the provisions of the Foreign Business Act B.E. 2542 (A.D. 1999). … [Read more...]
Registering a Non-Government Organization or NGO in Thailand
October 30, 2012 By
NGOs (Non-Government Organizations) operate in Thailand in a variety of areas. Many NGOs operate in the border areas or impoverished areas of Thailand, providing educational, medical, charitable or other services. Other NGOs focus on economic or community development. Foreign workers and volunteers, along with the NGOs themselves are subject to Thai law and must obtain licenses and permits to operate legally in Thailand. Thailand law does not use the term “Non-Government Organization” or … [Read more...]
Thailand Work Permit
October 30, 2012 By
Non-Thai nationals who wish to work or conduct a business in Thailand are required to obtain a non-immigrant visa (NON-B visa) that will grant a foreigner permission to stay in Thailand for a period of time as well as a work permit that would allow work in Thailand. A common misconception is that a Non-B visa alone authorizes the visa holder to lawfully engage in work in Thailand. A Non-B visa is a pre-requisite to obtaining a Thailand work permit that will grant a foreigner permission to work … [Read more...]
Registering a Thailand Amity Treaty Company
October 30, 2012 By
The Treaty of Amity is a treaty between the United States and Thailand that commemorates the historical relationship between Thailand and the USA. The treaty is intended to promote trade, commerce, cultural understanding between the two States and also provide for special legal rights for the citizens of each nation. The US- Thai Amity Treaty provides US citizens special rights to run businesses in Thailand and also provides Thai citizens special privileges to run businesses in the USA. The … [Read more...]
Applying for Thailand Board Of Investment (BOI) Promotion
October 30, 2012 By
The Thailand Board of Investments (BOI) is responsible for implementing Thai government policy for promoting certain business deemed beneficial to the Thai economy. Thai BOI assists Thais and foreign investors to start and conduct businesses in desirable areas of economic activities by offering a system of incentives. Thailand BOI Incentives The Thailand BOI incentives are classified into the following types: Tax Incentives A BOI promoted company in Thailand may be eligible to … [Read more...]
