Doing Business in Thailand

One of our customers has two houses for sale in Bangkok. Both houses are in high-end community projects and are sold with a credit offered by the Seller. This is a rare opportunity for a Foreign investor to purchase a property in Thailand with a financing

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Now a lot of foreign investors or employees in Thailand believe that once they have obtained a work permit they are safe and can do whatsoever they please. For example they believe that they can work anywhere they want or that they can also exercise activities which are not mentionned in their work permit. When a work permit is granted to a foreigner it will contain a mention of the work permit holder working place that is to say the location where the foreign employee is allowed to work as well as the work to be performed by the foreign employee

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Originally posted 2012-01-28 16:46:06.

The Private Limited Company is the most common legal vehicle used by foreign investors in Thailand, it is therefore useful to review its main characteristics. Note that this post do not deal in an exhaustive manner with the matter of the characteristic of a Private Limited Company. There is a lot more to say. In this post we limited ourselves to the characteristics which are a matter of concern for foreign investors.

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Originally posted 2009-10-19 02:22:16.

A client just read an article on the “O Dependant Visa” which allows parents of children schooled in Thailand to apply for a one year visa. As he and his wife are both working as consultants from their home he thought that they could take this opportunity to move the whole family to Thailand instead of continuing to live in Germany as they are doing now.

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As previously explained, the Thai Civil and Commercial Code recognizes possessory rights and/or ownership rights and there are several kinds of documents to evidence various levels of rights to land, ranging from documents evidencing mere squatters or occupation rights to full ownership rights.

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Originally posted 2009-09-16 04:12:16.

In today post I continue to discuss the results of the World Bank Global Corruption Barometer 2009. Please see yesterday post on the same subject.

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Originally posted 2009-10-01 02:35:23.

Another big problem in Thailand for the professional who like us provide visa services is that foreign visas applicants are often confusing the names of the visas they are having and the benefits attached to say visas. This is why we will dedicate this post and the next post to give definitions of visas terms.

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Originally posted 2009-10-24 09:13:01.

A client asked me “How many of the business started by Americans are successful, what percentage last more than five years”? Unfortunately there are no statistics existing on this specific question but the fact is that all professionals assisting foreign investors in Thailand have done the same experience that I. The rate of business failure in the first year is anywhere between 50 to 75%.

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This is my second post on the subject of Minimum Capital Requirement. I will discuss this time the minimum capital requirement for foreign BOI promoted companies. For Non BOI companies please refer to my previous post Doing Business in Thailand: Minimal Capital Requirements dated of 21 January 2010.  Read more…

Originally posted 2010-02-05 00:50:18.

There is a lot of confusion as to minimal capital requirements when doing business in Thailand and I will try to clarify this issue in this post.

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Originally posted 2009-09-28 05:31:43.