company registration in Thailand

There are many different types of companies in the world that can be registered and this applies to everywhere and not just in Thailand.  For example in the UK most companies are a PLC which is known as a public limited company.  Company registration in Thailand is usually for a limited company in some area and you can always tell a foreign based company as it will have a ‘(Thailand)’ prefix after the company name.  This is to signify this is the Thai branch and tha

Economy growth in any country is likely to attract foreign investment so it’s hardly a shock to see international investors show an interest in setting up a company in Thailand. While Western powerhouses falter as unemployment is rife, Thailand seems to be having a much better time of it, perhaps because they are part of the multi-nation ASEAN economy which is one of the world’s largest.

Although setting up a company in Thailand needs to be at the forefront of your mind, you can’t overlook the importance of settling your living arrangements first. Regardless of whether or not you have a family, finding somewhere to live in a brand new country can be a nightmare if you don’t do the proper research.

Before embarking on Thailand company registration, it is important to familiarise yourself with Thai labour laws. Foreign investors are sometimes guilty of believing that Thai employees are not well protected because the cost of living and wages in Thailand are lower than in Western nations. In actual fact, the Labour Protection Act of 1998 protects employees and applies to all companies with at least one employee.

Thailand is part of the Association of Southeast Asian Nations (ASEAN), an economy that is one of the world’s strongest with a combined GDP of almost $2 trillion between the 10 nations involved. It is a steadily growing region that promises a lucrative return on investment for any company that successfully goes through the necessary company registration Thailand steps.