Finding the Right Accounting Service in Thailand
Thailand is a hub for business expansion, attracting foreign investors and entrepreneurs from around the world. With its vibrant economy and favorable business climate, Thailand offers a wealth of business opportunities. However, navigating the regulatory landscape can be challenging, particularly for those with limited experience in Thai accounting regulations. Engaging the services of a reputable […]
VAT on Overseas Purchases (Phor phor 36)
An often overlooked or misunderstood element of Thailand VAT rules applies when purchasing services from overseas.If you think this doesn’t apply to your business, think again and read on – there is a high chance it does. But before we dive into this, will cover a quick review of the basic VAT rules and simpler […]
Company Setup in Thailand
A particularly popular tourist destination in South East Asia, Thailand is known for its tropical beaches, ancient ruins, royal palaces, and ornate figurines of the Gautam Buddha. In major cities like Bangkok, ultramodern buildings rise next to the lush landscape and quiet canal side communities. But that’s not all. Thailand is also attracting foreign investors in droves. […]
Steps to closing down your Thai company
Despite your best efforts at running your Thai company successfully, sometimes closing it could be the only viable option. Some of the reasons that could lead to closing down your business include losses, inability to carry out business operations, stiff competition, and market instability. However, closing a Thai company can be a complex process. There are several […]
Benefits of Thailand’s Board of Investment (BOI)
If you’re interested in starting a business in Thailand, the BOI incentivized program could save you a lot of money. The conditions for admission to this program are strict, but the benefits are impressive, so it’s worth the extra effort. What is the Board of Investment (BOI)?The Thai government established this body in 1997. The BOI incentivizes […]
5 Steps to Opening a Thai Company
Thailand offers excellent potential for business, and setting up a company in the country unlocks numerous possibilities. With your own company, you can conduct business, hire employees, and even purchase property. The best thing is that the requirements for opening a Thai company are quite straightforward and not very restrictive. Registering a Thai company can […]
Pattaya Accounting Service
Keeping track of taxes and accounts can be a tricky business, and there is a range of legalities to follow, boxes to tick, and forms to fill. To help make your life easier, we have put together a guide to accounting, which can help you stay calm, organized, and totally in control. Standard accounting requirements […]
Can a foreigner who has a 1 million baht registered capital company and only 2 Thai staff get a work permit?
There are a number of rules in Thailand for foreigners which change slightly if you happen to be married to a Thai national. One of these is the amount of capital you are required to invest in a Thai company in order to get a work permit. Normally a company employing a foreigner must have at […]
Good Thai staff are so difficult to find, anyone have any recommendation on where should I put my job adverts on? Where I can find an ideal candidate?
Many companies find it difficult to hire Thai staff for a number of reasons. Thai culture is very different to western culture and understanding some of Thai culture is critical to a successful working and personal life in Thailand. You can read more about Thai culture by visiting our Thai culture section. Thais enjoy fun […]
If I’m currently working for 1 company, and am going to start my own business, how does it work re my visa and work permit?
If you are currently working for an employer in Thailand and wish to start your own business, you have a number of options. These options depend on whether you are going to continue working for your employer as well as running your own business or whether you are going to leave your employment to run […]