Archive for May 27th, 2010

Doing business in Thailand minimum capital requirements

What is the minimum capital requirement to incorporate a foreign owned Limited Company?
The minimal capital requirement to incorporate a foreign owned Thai limited company will be 2,000,000 THB (Section 14 of the Foreign Business Act) if the foreign owned company exercises an activity that is not controlled under List 2 and [...]

Doing business is it easy to be successful?

Is Thailand open to foreign investment?
Absolutely, many foreigners are exempted from visas requirements and as you will see foreigners are welcome to invest in nearly all sectors of activities in Thailand without needing any prior authorization providing that they do a minority investment (less that 49% of a business shares in [...]

Opening a Thai bank account

May a foreign citizen open a bank account in Thailand?
The answer is of course yes, or more accurately yes, but…
As a matter of fact the issue of the opening of a bank account by a foreign non-resident is one of the most confusing issues for foreigners in Thailand because there is a [...]