INVEST IN THAILAND
General information how to invest in Thailand: http://www.boi.go.th/index.php?page=index
Reasons to invest in Thailand http://www.boi.go.th/index.php?page=thailand_rankings
Thailand's strengths http://www.boi.go.th/index.php?page=thailand_advantages
Invest in Thailand Step - by - Step
In its December 2015 Monetary Policy Report, The Monetary Policy Committee of the Bank of Thailand indicated that the Thai economy in 2016 is projected to grow slower than formerly expected, due mainly to the weakening of foreign demand, particularly from China and other Asian economies, though being mostly compensated by the stronger-than-expected government spending, private consumption and tourism.
More information from the December 2015 Monetary Policy Report can be found at https://www.bot.or.th/English/MonetaryPolicy/MonetPolicyComittee/MPR/Monetary%20Policy%20Report/PressMPR_December2015_ENG.pdf.
Last Updated: 12 January 2016
Source: Bank of Thailand
In April 2016, the Fiscal Policy Office reported that the Thai economy is projected to grow at an annualized rate of 3.3 percent in 2016, higher than 2.8 percent in previous year driven by an anticipated increasing in tourism and public investment; especially in the economic stimulus package.
Additional information about the Thai Economic Outlook for 2015-2016 is available through the Fiscal Policy Office website at http://www.fpo.go.th/FPO/index2.php
Establishing a company
the first thing you have to do once you've decided to invest in Thailand is establishing and registering the company , you will find detailed procedure on the following link http://www.boi.go.th/index.php?page=setting_up_a_business_01_forming_a_company
Foreign Business Act of 1999 and Activities Restricted to Thai Nationals
Thai law regulates the activities in which the companies designated as “foreigner” may engage in. While some activities are completely prohibited, some may be engaged in with prior approval from a designated government agency, and some do not require any special approval at all.
The Foreign Working Act of 2008 requires all foreigners working in Thailand to obtain a work permit prior to starting work in the Kingdom and describes the procedures for issuance and maintenance of work permits and lists certain occupations from which the foreigners may be excluded.
Corporate Income Tax
Corporate Income Tax (CIT) is a direct tax levied on a juristic company or partnership carrying on business in Thailand or not carrying on business in Thailand but deriving certain types of income from Thailand.
Patents, Copyrights, Trademarks
Thailand recognizes three broad categories of property rights:
Employment legislation has a direct bearing on labor practices for each type of business. Investors should seek appropriate advice to determine which legislation applies to their line of business.
THAILAND BOARD OF INVESTMENT
Head Office: 555 Vibhavadi-Rangsit Rd.,
Chatuchak, Bangkok 10900, Thailand
Tel.: (+66) 2553 8111, Fax: (+66) 2553 8222,
Website: http://www.boi.go.th, E-Mail: firstname.lastname@example.org