{"id":11912,"date":"2023-11-07T13:10:01","date_gmt":"2023-11-07T06:10:01","guid":{"rendered":"https:\/\/belaws.com\/thailand\/?p=11912"},"modified":"2025-04-02T05:20:18","modified_gmt":"2025-04-01T22:20:18","slug":"5-types-of-companies","status":"publish","type":"post","link":"https:\/\/belaws.com\/thailand\/5-types-of-companies\/","title":{"rendered":"5 Types of Companies for Foreigners in Thailand"},"content":{"rendered":"<section  class='av_textblock_section av-ks8kyyfa-e516bae24dd4ed4f78e7dedb0aea1067'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock breadcrumb'  itemprop=\"text\" >\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-18myty-919e5cb9f68131fb6240d9c12261edb4\">\n.av_font_icon.av-18myty-919e5cb9f68131fb6240d9c12261edb4 .av-icon-char{\nfont-size:11px;\nline-height:11px;\n}\n<\/style>\n<span  class='av_font_icon av-18myty-919e5cb9f68131fb6240d9c12261edb4 avia_animate_when_visible av-icon-style- avia-icon-pos-left av-no-color avia-icon-animate'><span class='av-icon-char' aria-hidden='true' data-av_icon='\ue874' data-av_iconfont='entypo-fontello' ><\/span><\/span>\n<div style=\"padding-left: 15px;\"><span class=\"\"><a href=\"https:\/\/belaws.com\/thailand\/\">Belaws Home<\/a> \u203a\u203a <a href=\"https:\/\/belaws.com\/thailand\/\">Thailand<\/a> \u203a\u203a <a href=\"https:\/\/belaws.com\/thailand\/blog\">Blog<\/a>\u00a0\u203a\u203a <\/span>5 Types of Companies for Foreigners in Thailand<\/div>\n<\/div><\/section>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='av_section_1'  class='avia-section av-re718-f933e9e3a470259eecd4d4692aaacea2 main_color avia-section-no-padding avia-no-border-styling  avia-builder-el-2  el_after_av_textblock  el_before_av_section  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-11912'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksd27few-1f8c384e085c379baccb5abbe326157c\">\n#top .hr.hr-invisible.av-ksd27few-1f8c384e085c379baccb5abbe326157c{\nheight:100px;\n}\n<\/style>\n<div  class='hr av-ksd27few-1f8c384e085c379baccb5abbe326157c hr-invisible  avia-builder-el-3  el_before_av_one_half  avia-builder-el-first  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div class='flex_column av-gmj0k-ac56bb06b98c278ca7684f46c4d7723e av_one_half  avia-builder-el-4  el_after_av_hr  el_before_av_one_half  first av-break-at-tablet flex_column_div '   ><p><section  class='av_textblock_section av-kscys0p5-d0fe1da2549b5d38fb08e5d3e4dbc794'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock sur-titre_bleu'  itemprop=\"text\" ><p>incorporation<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lra90-9ab3f8d48a81ed396ae07bbaafa596f6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h1_bleu_post'  itemprop=\"text\" ><h1>5 Types of Companies for Foreigners in Thailand<\/h1>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-b3jfo-03f63b84c9a76d84e1713c05a87923fd\">\n#top .hr.hr-invisible.av-b3jfo-03f63b84c9a76d84e1713c05a87923fd{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-b3jfo-03f63b84c9a76d84e1713c05a87923fd hr-invisible  avia-builder-el-7  el_after_av_textblock  el_before_av_post_metadata '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_post_metadata-3f1880b9956aa5116055829522854aeb\">\n#top .av-post-metadata-container.av-av_post_metadata-3f1880b9956aa5116055829522854aeb{\ncolor:#1a4367;\n}\n<\/style>\n<div  class='av-post-metadata-container av-av_post_metadata-3f1880b9956aa5116055829522854aeb av-metadata-container-align-left  avia-builder-el-8  el_after_av_hr  el_before_av_textblock  av-metadata-container-1'><div class='av-post-metadata-container-inner'><span class=\"av-post-metadata-content av-post-metadata-meta-content\"><span class=\"av-post-metadata-content av-post-metadata-modified\"><span class=\"av-metadata-before av-metadata-before-modified\">Latest Update : <\/span><span class=\"av-post-metadata-modified-date\" >April 2, 2025<\/span><\/span><span class=\"av-post-metadata-content av-post-metadata-separator\">- <\/span><span class=\"av-post-metadata-content av-post-metadata-published\"><span class=\"av-metadata-before av-metadata-before-published\">Published date : <\/span><span class=\"av-post-metadata-published-date\" >November 7, 2023<\/span><\/span><\/span><\/div><\/div><br \/>\n<section  class='av_textblock_section av-2mj4cc-546fb3795883e77cb448506a33b339b7'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_18'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">When considering starting a business in Thailand, one of the most important decisions you&#8217;ll face is choosing the right business structure. It&#8217;s a decision that can significantly impact your operations, legal obligations, and financial aspects of your venture.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thailand has become a hotspot for both local and international entrepreneurs. But to truly thrive in this dynamic market, it&#8217;s essential to understand the different business structures available and select the one that aligns with your goals and vision.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this blog post, we&#8217;ll explore 5 types of companies for foreigners in Thailand.<\/span><\/p>\n<\/div><\/section><\/p><\/div><div class='flex_column av-bmm5w-737f28be9bb008277e27311ae0eaf479 av_one_half  avia-builder-el-10  el_after_av_one_half  avia-builder-el-last  av-break-at-tablet flex_column_div '   ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kscy8en7-89563d81dceca359ae0a4377383e1a6d\">\n.avia-image-container.av-kscy8en7-89563d81dceca359ae0a4377383e1a6d .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-kscy8en7-89563d81dceca359ae0a4377383e1a6d av-styling- avia-align-center  avia-builder-el-11  avia-builder-el-no-sibling  radius_10 img'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-11913 avia-img-lazy-loading-not-11913 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/11\/5-Types-of-Companies-for-Foreigners-in-Thailand.png\" alt='Investment opportunities in Thailand' title='Investment opportunities in Thailand'  height=\"800\" width=\"990\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/11\/5-Types-of-Companies-for-Foreigners-in-Thailand.png 990w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/11\/5-Types-of-Companies-for-Foreigners-in-Thailand-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/11\/5-Types-of-Companies-for-Foreigners-in-Thailand-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/11\/5-Types-of-Companies-for-Foreigners-in-Thailand-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/11\/5-Types-of-Companies-for-Foreigners-in-Thailand-15x12.png 15w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/11\/5-Types-of-Companies-for-Foreigners-in-Thailand-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/11\/5-Types-of-Companies-for-Foreigners-in-Thailand-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/11\/5-Types-of-Companies-for-Foreigners-in-Thailand-705x570.png 705w\" sizes=\"(max-width: 990px) 100vw, 990px\" \/><\/div><\/div><\/div><\/div><\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4\">\n.avia-section.av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4{\nbackground-color:#fafafa;\n}\n<\/style>\n<div id='av_section_2'  class='avia-section av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4 main_color avia-section-default avia-no-border-styling  avia-builder-el-12  el_after_av_section  el_before_av_section  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-11912'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksd2ivxm-023071e5c33e5c283329416739e1beb3\">\n#top .hr.hr-invisible.av-ksd2ivxm-023071e5c33e5c283329416739e1beb3{\nheight:60px;\n}\n<\/style>\n<div  class='hr av-ksd2ivxm-023071e5c33e5c283329416739e1beb3 hr-invisible  avia-builder-el-13  el_before_av_two_third  avia-builder-el-first  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div class='flex_column av-fpevw-aab8acce1826d370629f645f34d6bd3b av_two_third  avia-builder-el-14  el_after_av_hr  el_before_av_one_third  first av-break-at-tablet flex_column_div '   ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-lb329d7d-3f950f02b294bfa39eeb1b805d8d23d3\">\n#top .av_textblock_section.av-lb329d7d-3f950f02b294bfa39eeb1b805d8d23d3 .avia_textblock{\ncolor:#ffffff;\n}\n<\/style>\n<section  class='av_textblock_section av-lb329d7d-3f950f02b294bfa39eeb1b805d8d23d3'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock post_text_highlighting av_inherit_color'  itemprop=\"text\" ><p style=\"text-align: left;\">Key points<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Thai limited companies can be 100% foreign-owned; however, certain activities are restricted for such companies.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Treaty of Amity allows American citizens to hold 100% of the shares in a company and also operate a business on the same foundations as Thai companies.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Companies that receive a BOI promotion are eligible for various incentives, including 100% foreign ownership and tax incentives.<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-kscytnto-6f8bd4ca8aa4b5f4311495ee3b7802c6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Thai Limited Company<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-8ohy4-ba2bc652f51fc02aca7b4faa3ec86cd2'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">A Thai Limited Company is Thailand\u2019s most popular form of business structure. This is due to the flexibility offered to business owners. Under the Thai Civil and Commercial Code, companies can be 100% foreign-owned and are not required to have a Thai Partner. However, the ability to operate a company like this is entirely dependent on the business activities of the company. Limited Companies are made up of both directors and shareholders.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-loi4531f-2f6b2294bf723e199eac54cb83e3d8fa'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><b>Advantages<\/b><\/p>\n<p><b>Quick and easy to set up<\/b><span style=\"font-weight: 400;\">: Setting up a Thai Limited Company can be achieved in a few business days.\u00a0<\/span><\/p>\n<p><b>Limited Liability:<\/b><span style=\"font-weight: 400;\"> The liability of each shareholder is limited to the value of their shares.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-loi45m80-f62203261405e7d826d6735cd664a9f6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><b>Disadvantages<\/b><\/p>\n<p><b>Requirements for hiring foreign staff: <\/b><span style=\"font-weight: 400;\">For each foreign member of staff hired, 4 Thai employees, 2 million THB is registered capital is required. The company must also be registered with the Social Security (3 months deductions made for Thai staff) and VAT&gt;<\/span><\/p>\n<p><b>Likelihood of needing a Thai partner:<\/b><span style=\"font-weight: 400;\"> The<\/span><a href=\"https:\/\/belaws.com\/thailand\/foreign-business-act-in-thailand\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\"> Foreign Business Act of 1999 (FBA)<\/span><\/a><span style=\"font-weight: 400;\"> regulates foreign investment in Thailand and prohibits foreign companies from engaging in approximately 50 specific business activities. Under the FBA, foreign ownership in a limited company is limited to 49.99% unless a Foreign Business License or BOI promotion is secured, potentially necessitating a Thai partner to hold the majority share.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-893pgz-417cf0891102d15fa8bff673921feb47\">\n#top .hr.hr-invisible.av-893pgz-417cf0891102d15fa8bff673921feb47{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-893pgz-417cf0891102d15fa8bff673921feb47 hr-invisible  avia-builder-el-20  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-gfh9xy-e0bde1d55d8468f28ed18b9996433e48'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>BOI Company<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-dksn8m-8a3788d84dfb83d2abe7e575458a98c8'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">When considering opening a company in Thailand, entrepreneurs should always consider applying for a <a href=\"https:\/\/www.boi.go.th\/en\/index\/\" target=\"_blank\" rel=\"noopener\">Board Of Investment<\/a> (BOI) promotion. Thailand\u2019s BOI is a special government agency that promotes foreign investment within Thailand.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A BOI promotion removes many barriers to doing business in Thailand, such as the restrictions of the Foreign Business Act. However, only certain business activities are eligible for a BOI promotion.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lodoxqvz-6a45f69df973eb89afb9398d18b23e8a'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><b>Advantages\u00a0<\/b><\/p>\n<p><b>100% Foreign Ownership:<\/b><span style=\"font-weight: 400;\"> BOI companies can be 100% foreign-owned and operate in restricted business activities due to the ability to apply for and be granted a Foreign Business Certificate.<\/span><\/p>\n<p><b>The reduced quota for hiring foreign employees: <\/b><span style=\"font-weight: 400;\">Unlike other company structures, BOI-promoted companies are not subject to quotas when hiring foreign employees.<\/span><\/p>\n<p><b>Tax Incentives: <\/b><span style=\"font-weight: 400;\">Certain business activities are eligible for tax incentives from the BOI, such as Corporate Income Tax exemptions, etc.<\/span><\/p>\n<p><b>Other Incentives: <\/b><span style=\"font-weight: 400;\">BOI companies can own land, remit money abroad, and use the One Stop Service Center for work permit and visa collections.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lonqwfuh-6e4c37404501d04aa485f63c1b8bebb5'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><b>Disadvantages<\/b><\/p>\n<p><b>Not available to all businesses: <\/b><span style=\"font-weight: 400;\">BOI promotions are only available to companies undertaking certain business activities. Please see here for a <\/span><span style=\"font-weight: 400;\">comprehensive list.<\/span><\/p>\n<p><b>Long application process: <\/b><span style=\"font-weight: 400;\">Applying for a BOI promotion can take approximately 6 months.<\/span><\/p>\n<p>Read more:<\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/boi-business-activities\/\" target=\"_blank\" rel=\"noopener\">Discover the Qualifying Business Activities for a BOI Promotion in Thailand<\/a><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ruqhxl-37f2068f109565f2308f771d43284f79\">\n#top .hr.hr-invisible.av-ruqhxl-37f2068f109565f2308f771d43284f79{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-ruqhxl-37f2068f109565f2308f771d43284f79 hr-invisible  avia-builder-el-25  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lmkd94wa-c97c7a0cd20267f7197997eccdbdabbe'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>The Treaty of Amity<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-llowelp0-a7d476250dad7b209cc0bc356a60499c'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">The <\/span><a href=\"https:\/\/belaws.com\/thailand\/incorporation\/us-treaty-amity-company\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Treaty of Amity<\/span><\/a><span style=\"font-weight: 400;\"> aims to provide significant advantages for US investors and companies to enter the Thai market for both corporations and individuals. The Treaty of Amity allows American companies to hold most of the shares in a whole company, branch office or representative office established in Thailand. American companies may also operate on the same foundations as Thai companies.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lonqxida-7a0572ec4d1d8c8276e8bd1eadf82dcf'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><b>Advantages<\/b><\/p>\n<p><b>100% Foreign Ownership: <\/b><span style=\"font-weight: 400;\">American citizens can operate 100% foreign-owned companies.\u00a0<\/span><\/p>\n<p><b>Business Activities: <\/b><span style=\"font-weight: 400;\">Treaty of Amity companies may operate on the same foundations as Thai companies (except for restricted sectors e.g. real estate and fiduciary services).<\/span><\/p>\n<p><b>Foreign Business Licence: <\/b><span style=\"font-weight: 400;\">Treaty of Amity companies do not need to apply for a Foreign Business Licence.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lonqxvhc-7882d9bb27f87f04bf1cabb326b65d22'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><b>Disadvantages<\/b><\/p>\n<p><b>Hiring of Foreign employees:<\/b><span style=\"font-weight: 400;\"> A ratio of 4 Thai employees per foreign employee hired is required to support a Work Permit.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>Structure Requirements:<\/strong> A minimum of 51% of shareholders and 50% of the directors must be American citizens.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-m71qx8nl-99684f73ff3bad7c5bc8a001c4afd356'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>Read more:<\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/thai-us-treaty-of-amity\/\" target=\"_blank\" rel=\"noopener\">The Treaty of Amity: Everything You Need to Know<\/a><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-bxixyu-13a47cec5e18968dc4f6c3e10a93cecf\">\n#top .hr.hr-invisible.av-bxixyu-13a47cec5e18968dc4f6c3e10a93cecf{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-bxixyu-13a47cec5e18968dc4f6c3e10a93cecf hr-invisible  avia-builder-el-31  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-uf99d6-dd84361e27d9dcdfe1aed0c48ad107db'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Branch Office<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lmzqozuk-3e6927be8724c6602996a58469bb10b7'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">A <\/span><a href=\"https:\/\/belaws.com\/thailand\/incorporation\/branch-office-in-thailand\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Branch Office<\/span><\/a><span style=\"font-weight: 400;\"> is essentially a foreign company that registers its presence in Thailand as a branch.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Branch Office is not considered as a separate entity from the foreign company and, therefore, is treated as the same entity as its parent. The head office is liable for any actions taken by the Branch Office in Thailand.<\/span><\/p>\n<p>Read more:<\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/branch-office-thailand\/\" target=\"_blank\" rel=\"noopener\">Setting Up a Branch Office in Thailand: A Comprehensive Guide<\/a><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-loi48qwh-fac5926f70645f527a854e793d28abac'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><b>Advantages<\/b><\/p>\n<p><b>100% Foreign Ownership: <\/b><span style=\"font-weight: 400;\">Branch offices can be 100% foreign-owned by the head office<\/span><\/p>\n<p><b>Reduced quotas for hiring foreigners:<\/b><span style=\"font-weight: 400;\"> A ratio of 1 Thai per foreign employee is required.<\/span><\/p>\n<p><b>Branch Offices can generate profit: <\/b><span style=\"font-weight: 400;\">Unlike Representative Offices, branch offices can generate income<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-loi499vi-ee1caad35ee4e01980c552c8e2fbd6e9'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><b>Disadvantages<\/b><\/p>\n<p><b>Business Restrictions: <\/b><span style=\"font-weight: 400;\">Business activities are restricted to the business for which the Branch Office is registered.<\/span><\/p>\n<p><b>Foreign Business Licence:<\/b><span style=\"font-weight: 400;\"> A Foreign Business License is required for restricted activities.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-5pndap-1aea7130fb43cf54534d541c2f095076\">\n#top .hr.hr-invisible.av-5pndap-1aea7130fb43cf54534d541c2f095076{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-5pndap-1aea7130fb43cf54534d541c2f095076 hr-invisible  avia-builder-el-36  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lny3ghrl-28f3e50c74fd924f2997194047a5c514'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Representative Office<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lny3gnng-c9e562f74f08dcfebe04229ca0069ea5'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">As a non-trading entity, a foreign companies can established a <\/span><span style=\"font-weight: 400;\">Representative Office<\/span><span style=\"font-weight: 400;\"> in Thailand to provide non-commercial services, primarily promoting and representing its parent company.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Representative Offices cannot generate any revenue, and the head office in another country fully funds their expenses.<\/span><\/p>\n<p>Read more:<\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/benefits-representative-office\/\" target=\"_blank\" rel=\"noopener\">Maximizing Your Business in Thailand: Exploring the Benefits of a Representative Office<\/a><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lny3gxx1-cdf8764b4b590ff001b8760f5b51bdb0'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><b>Advantages<\/b><\/p>\n<p><b>100% Foreign Owned:<\/b><span style=\"font-weight: 400;\"> A Representative Office is 100% owned by a foreign head office.<\/span><\/p>\n<p><b>A reduced ratio for hiring foreign staff:<\/b><span style=\"font-weight: 400;\"> A ratio of 1:1 (1 Thai employee per foreign employee) must be satisfied when hiring foreign staff. In practice, Representative Offices can hire up to 3 foreign employees.<\/span><\/p>\n<p><b>Capital Requirements:<\/b><span style=\"font-weight: 400;\"> A minimum capital requirement of 2,000,000 THB is required within the first 3 years. 25% of this capital (500,000 THB) is required within the first 3 months, 25% by the end of the first year, 25% by the end of the 2nd year, and the final 25% by the end of the third year.<\/span><\/p>\n<p><b>Not subject to corporate income tax<\/b><span style=\"font-weight: 400;\">: Representative Offices cannot generate income<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lnykw51y-af91c3049113049a1c645cdaa6de61ad'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><b>Disadvantages<\/b><\/p>\n<p><b>Limited Business Activities:<\/b><span style=\"font-weight: 400;\"> a Representative Office can only perform \u201cnon-income related activities\u201d there it cannot earn income in Thailand.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1808kj5-1f0f79fd98cb9436dc6dc460747ad636\">\n#top .hr.hr-invisible.av-1808kj5-1f0f79fd98cb9436dc6dc460747ad636{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-1808kj5-1f0f79fd98cb9436dc6dc460747ad636 hr-invisible  avia-builder-el-41  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-r71g41-dc1f27c15c69fd28606332172cdfec87'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Are there any alternatives?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lonr34e3-f17b5795870045f4a36f662339c80125'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>Professional Employer Organizations (PEOs) offer a dependable and efficient way for businesses to begin operations and limit their initial risk when entering the Thai market, providing the PEO service is legitimate.<\/p>\n<p>PEOs have garnered significant interest among clients seeking to begin business operations in Thailand swiftly. PEOs offer a strategic entry point, enabling individuals to get started and, later, register a company efficiently and properly consolidate their business activities.<\/p>\n<p>Read more:<\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/5-reasons-why-peo-services\/\" target=\"_blank\" rel=\"noopener\">5 Reasons Why PEO Services in Thailand Could Be Cost-Effective Solutions for Small Businesses<\/a><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1cfogko-e802215efdd73613f67bec6806be8cb4\">\n#top .hr.hr-invisible.av-1cfogko-e802215efdd73613f67bec6806be8cb4{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-1cfogko-e802215efdd73613f67bec6806be8cb4 hr-invisible  avia-builder-el-44  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-rj8u94-e9a0c25e10234b15312e32fe32d2e2a4'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>How can Belaws help?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lny3ha1i-4cdc59738ad6baf72123e54b03813577'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>For more information about how to start your small business in Thailand, why not talk to one of our experts now?<\/p>\n<\/div><\/section><br \/>\n<div  class='avia-button-wrap avia-button-left  avia-builder-el-47  el_after_av_textblock  el_before_av_textblock  bouton-cta' ><a href=\"https:\/\/wa.me\/+66636955945\" class=\"avia-button av-2rocsm-ad93c683973fd17f09fcd73d6f5e78e0 avia-icon_select-yes-right-icon avia-size-large avia-position-left avia-color-theme-color\" target=\"_blank\" rel=\"noopener noreferrer\"><span class='avia_iconbox_title' >Talk to an expert<\/span><span class='avia_button_icon avia_button_icon_right' aria-hidden='true' data-av_icon='\uf232' data-av_iconfont='entypo-fontello'><\/span><\/a><\/div><br \/>\n<section  class='av_textblock_section av-202agu-c2abc468d489a64dbd7aa9abcb6a5ea1'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>If you want to learn more about how our experts can help with your accounting and secretary needs, please click\u00a0<a href=\"https:\/\/belaws.com\/thailand\/accounting-secretary\/\" target=\"_blank\" rel=\"noopener\">here<\/a>. For more details about our incorporation services, please click<a href=\"https:\/\/belaws.com\/thailand\/incorporation\/\" target=\"_blank\" rel=\"noopener\">\u00a0here.<\/a><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-q93pwe-6d5bb40d417741c03ce1e2231424ffaa'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><em>Please note that this article is for information purposes only and <strong>does not constitute legal advice<\/strong>.<\/em><\/p>\n<\/div><\/section><br \/>\n<div  class='av-social-sharing-box av-l4rstf25-09aa8edfee9bfff0c66b62d8ea68b23c av-social-sharing-box-default  avia-builder-el-50  el_after_av_textblock  el_before_av_hr  av-social-sharing-box-fullwidth'><div class=\"av-share-box\"><h5 class='av-share-link-description av-no-toc '>Share this post<\/h5><ul class=\"av-share-box-list noLightbox\"><li class='av-share-link av-social-link-facebook' 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avia-builder-el-57  el_after_av_hr  el_before_av_hr  bouton-cta' ><a href=\"https:\/\/calendly.com\/vbapartners\/legalconsultation\" class=\"avia-button av-j4oxcr-e0ea6afbeeb7bdc081b7ce55f0ab0b6f avia-icon_select-yes-right-icon avia-size-large avia-position-center avia-color-theme-color\" target=\"_blank\" rel=\"noopener noreferrer\"><span class='avia_iconbox_title' >Book now<\/span><span class='avia_button_icon avia_button_icon_right' aria-hidden='true' data-av_icon='\ue871' data-av_iconfont='entypo-fontello'><\/span><\/a><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1xgc7i-1f7cbfe8fdc424141cc6b6f218a09d50\">\n#top .hr.hr-invisible.av-1xgc7i-1f7cbfe8fdc424141cc6b6f218a09d50{\nheight:25px;\n}\n<\/style>\n<div  class='hr av-1xgc7i-1f7cbfe8fdc424141cc6b6f218a09d50 hr-invisible  avia-builder-el-58  el_after_av_button  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-p84k-4017eaf9b1649a60b0ff810854b78620'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_14'  itemprop=\"text\" ><p>Our consultations last for a period of up to 1 hour and are conducted by expert Lawyers who are fluent in English, French and Thai.<\/p>\n<p>Consultations can be hosted via WhatsApp or Video Conferencing software for your convenience. A consultation with one of our legal experts is undoubtedly the best way to get all the information you need and answer any questions you may have about your new business or project.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kslm1kpi-e6d522183c5eda06f320ce62b63c40c6\">\n#top .hr.hr-invisible.av-kslm1kpi-e6d522183c5eda06f320ce62b63c40c6{\nheight:15px;\n}\n<\/style>\n<div  class='hr av-kslm1kpi-e6d522183c5eda06f320ce62b63c40c6 hr-invisible  avia-builder-el-60  el_after_av_textblock  el_before_av_codeblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<br \/>\n<br \/>\n<br \/>\n<br \/>\n<\/p><\/div><\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-l8ctxpd9-095dc0c75aa2de5329ec8b624b867e69\">\n.avia-section.av-l8ctxpd9-095dc0c75aa2de5329ec8b624b867e69{\nbackground-color:#dfeef6;\n}\n<\/style>\n<div id='av_section_3'  class='avia-section av-l8ctxpd9-095dc0c75aa2de5329ec8b624b867e69 main_color avia-section-default avia-no-border-styling  avia-builder-el-66  el_after_av_section  el_before_av_one_full  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-11912'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-fyhro1-0cf30a10ffa966a21c55aed6dcf53641\">\n#top .hr.hr-invisible.av-fyhro1-0cf30a10ffa966a21c55aed6dcf53641{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-fyhro1-0cf30a10ffa966a21c55aed6dcf53641 hr-invisible  avia-builder-el-67  el_before_av_textblock  avia-builder-el-first  av-desktop-hide av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<section  class='av_textblock_section av-e8bwe9-42a5aa99fe46b76eb6bea8fd40de44ad'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h3_bleu'  itemprop=\"text\" ><h3 style=\"text-align: left;\">Frequently asked questions<\/h3>\n<\/div><\/section>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-37pzrl-0e2130f093209067c90d3f6b04c2d251\">\n#top .hr.hr-invisible.av-37pzrl-0e2130f093209067c90d3f6b04c2d251{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-37pzrl-0e2130f093209067c90d3f6b04c2d251 hr-invisible  avia-builder-el-69  el_after_av_textblock  el_before_av_toggle_container  av-desktop-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div  class='togglecontainer av-lonvw15a-3f845971ca698dfe3369880bf366cd89  avia-builder-el-70  el_after_av_hr  avia-builder-el-last  av-accordion-style-2 toggle_close_all'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/FAQPage\" >\n<section class='av_toggle_section av-lonvte0d-5e5c618b4d368e8d1ded34d0e74f0e01'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-1' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-1'>Can foreigner get a job in Bangkok?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-1' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Yes, foreigners can get jobs in Bangkok. However, there are some restrictions on certain jobs and industries. Foreigners also need to have a valid work permit.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lonvtn7k-7e3dcd8f6483eedf8c38df944cd73d8e'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-2' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-2'>Can foreign companies operate in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-2' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Yes, foreign companies can operate in Thailand. However, there are some restrictions on certain industries and activities. Foreign companies also need to register with the Thai government.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lonvu1n8-9af415f305612df45026731eda7be2ea'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-3' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-3'>Can foreigners own 100% of a company in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-3' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Yes, foreigners can own 100% of a company in Thailand, depending on the industry and business activity. However, there are some exceptions to this rule.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lonvueoy-2a3621a5a08b729628a95cb038a8972a'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-4' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-4'>What businesses can foreigners own in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-4' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p data-sourcepos=\"34:1-34:72\">Foreigners can own a wide range of businesses in Thailand, including:<\/p>\n<ul data-sourcepos=\"36:1-37:14\">\n<li data-sourcepos=\"36:1-36:15\">Manufacturing<\/li>\n<li data-sourcepos=\"37:1-37:14\">Construction<\/li>\n<li data-sourcepos=\"38:1-38:10\">Services<\/li>\n<li data-sourcepos=\"39:1-39:8\">Retail<\/li>\n<li data-sourcepos=\"40:1-40:9\">Tourism<\/li>\n<li data-sourcepos=\"41:1-42:0\">Real estate (with restrictions)<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lonvuvx8-524cf4c5fb028badb1364ad5a022632b'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-5' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-5'>Can a foreign company open a bank account in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-5' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Yes, a foreign company can open a bank account in Thailand. However, the company will need to register with the Thai government and provide certain documentation.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lonvvfqi-0efc22ac62ec0b0b3ab261f2a71d26ad'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-6' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-6'>Can a foreigner start a business in Bangkok?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-6' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Yes, a foreigner can start a business in Bangkok. However, the foreigner will need to <a href=\"https:\/\/belaws.com\/thailand\/starting-a-small-business-in-thailand\/\">register the business<\/a> with the Thai government and obtain a work permit.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lonvvo80-3473cd25e0a8e7db5648ed529bcee5a0'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-7' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-7'>How much money do I need to start a business in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-7' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>The amount of money needed to start a business in Thailand depends on the type of business and the industry. However, there is a minimum capital requirement of 2 million THB for most types of businesses.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lonvw0jz-4e3e00ceb20900e5476bc27514b7e554'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-8' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-8'>Is Bangkok a good place for business?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-8' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p><span class=\"animating\">es,<\/span><span class=\"animating\"> Bangkok is a good place for business.<\/span><span class=\"animating\"> It is a major economic hub in Southeast Asia and has a large and growing population.<\/span><span class=\"animating\"> Bangkok is also home to a number of international companies and organizations.<\/span><\/p>\n<\/div><\/div><\/div><\/section>\n<\/div>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='after_section_3'  class='main_color av_default_container_wrap container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-11912'><div class='entry-content-wrapper clearfix'><\/p>\n<div class='flex_column av-qqtyiz-0d401a2ec3b1be9fe8b6b4ff052340e0 av_one_full  avia-builder-el-71  el_after_av_section  el_before_av_section  avia-builder-el-no-sibling  first flex_column_div '   ><section  class='av_textblock_section av-2jjczv-f8cba9213d57d135389f2377189c4f87'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Related articles<\/h2>\n<\/div><\/section><br \/>\n<div id='av-masonry-1' class='av-masonry av-2fkee3-133dd75036f55971520b4b95c617589e noHover av-flex-size av-large-gap av-hover-overlay-active av-masonry-animation-active av-masonry-col-3 av-caption-always av-caption-style- av-masonry-entries '><div class=\"av-masonry-container isotope av-js-disabled\"><div class='av-masonry-entry isotope-item av-masonry-item-no-image '><\/div><a href=\"https:\/\/belaws.com\/thailand\/sponsored-work-permit-in-thailand\/\" id=\"av-masonry-1-item-7458\" data-av-masonry-item=\"7458\" class=\"av-masonry-entry isotope-item post-7458 post type-post status-publish format-standard has-post-thumbnail hentry category-visa category-news category-thailand tag-visa-thailand  av-masonry-item-with-image\" title=\"Sponsored Work Permits in Thailand\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\"><div class='av-inner-masonry-sizer'><\/div><figure class='av-inner-masonry main_color'><div class=\"av-masonry-outerimage-container\"><div class='av-masonry-image-container'   ><img decoding=\"async\" width=\"705\" height=\"570\" class=\"wp-image-7462 avia-img-lazy-loading-not-7462\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/PEO-Article-705x570.png\" title=\"Sponsored Work Permits in Thailand\" alt=\"Sponsored Work Permit in Thailand\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/PEO-Article-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/PEO-Article-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/PEO-Article-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/PEO-Article-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/PEO-Article-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/PEO-Article-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/PEO-Article.png 990w\" sizes=\"(max-width: 705px) 100vw, 705px\" \/><\/div><\/div><figcaption class='av-inner-masonry-content site-background'><div class='av-inner-masonry-content-pos'><div class='av-inner-masonry-content-pos-content'><div class='avia-arrow'><\/div><h3 class='av-masonry-entry-title entry-title '  itemprop=\"headline\" >Sponsored Work Permit in Thailand<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >15\/06\/2022<br \/>\r\nSponsored Work Permits in Thailand provide employee management services and administrative assistance.<\/div><span class='av-masonry-date meta-color updated'>June 15, 2022<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>by jonathan<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><!--end av-masonry entry--><a href=\"https:\/\/belaws.com\/thailand\/boi-thailand-approves-new-investment-schemes\/\" id=\"av-masonry-1-item-7528\" data-av-masonry-item=\"7528\" class=\"av-masonry-entry isotope-item post-7528 post type-post status-publish format-standard has-post-thumbnail hentry category-blockchain tag-boi tag-boi-thailand  av-masonry-item-with-image\" title=\"boi visa &#038; work permit thailand BOI approves new investment schemes in Thailand\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\"><div class='av-inner-masonry-sizer'><\/div><figure class='av-inner-masonry main_color'><div class=\"av-masonry-outerimage-container\"><div class='av-masonry-image-container'   ><img decoding=\"async\" width=\"705\" height=\"570\" class=\"wp-image-7531 avia-img-lazy-loading-not-7531\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-705x570.png\" title=\"boi visa &#038; work permit thailand BOI approves new investment schemes in Thailand\" alt=\"boi visa &amp; work permit thailand BOI approves new investment schemes in Thailand\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment.png 990w\" sizes=\"(max-width: 705px) 100vw, 705px\" \/><\/div><\/div><figcaption class='av-inner-masonry-content site-background'><div class='av-inner-masonry-content-pos'><div class='av-inner-masonry-content-pos-content'><div class='avia-arrow'><\/div><h3 class='av-masonry-entry-title entry-title '  itemprop=\"headline\" >BOI approves new investment schemes in Thailand<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >21\/06\/2022<br \/>\r\nBOI Thailand approves new investment schemes and incentives worth 209.5 billion baht (US 6.2 billion).<\/div><span class='av-masonry-date meta-color updated'>June 21, 2022<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>by jonathan<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><!--end av-masonry entry--><a href=\"https:\/\/belaws.com\/thailand\/work-from-home-amendment\/\" id=\"av-masonry-1-item-8310\" data-av-masonry-item=\"8310\" class=\"av-masonry-entry isotope-item post-8310 post type-post status-publish format-standard has-post-thumbnail hentry category-legal tag-thailand  av-masonry-item-with-image\" title=\"Thailand is considering a new Labor law for Work-from-Home arrangements\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\"><div class='av-inner-masonry-sizer'><\/div><figure class='av-inner-masonry main_color'><div class=\"av-masonry-outerimage-container\"><div class='av-masonry-image-container'   ><img decoding=\"async\" width=\"705\" height=\"570\" class=\"wp-image-8311 avia-img-lazy-loading-not-8311\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/08\/Thailand-is-considering-a-new-Labor-law-for-Work-from-Home-arrangements-705x570.png\" title=\"Thailand is considering a new Labor law for Work-from-Home arrangements\" alt=\"Thailand is considering a new Labor law for Work-from-Home arrangements\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/08\/Thailand-is-considering-a-new-Labor-law-for-Work-from-Home-arrangements-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/08\/Thailand-is-considering-a-new-Labor-law-for-Work-from-Home-arrangements-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/08\/Thailand-is-considering-a-new-Labor-law-for-Work-from-Home-arrangements-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/08\/Thailand-is-considering-a-new-Labor-law-for-Work-from-Home-arrangements-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/08\/Thailand-is-considering-a-new-Labor-law-for-Work-from-Home-arrangements-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/08\/Thailand-is-considering-a-new-Labor-law-for-Work-from-Home-arrangements-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/08\/Thailand-is-considering-a-new-Labor-law-for-Work-from-Home-arrangements.png 990w\" sizes=\"(max-width: 705px) 100vw, 705px\" \/><\/div><\/div><figcaption class='av-inner-masonry-content site-background'><div class='av-inner-masonry-content-pos'><div class='av-inner-masonry-content-pos-content'><div class='avia-arrow'><\/div><h3 class='av-masonry-entry-title entry-title '  itemprop=\"headline\" >Thailand is considering a new Labor law for Work-from-Home arrangements<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >23\/08\/2022<br \/>\r\nThe Thai parliament has recently passed the first reading of the so-called Work-from-home Bill, which seeks to amend the country\u2019s Labour Protection Act (LPA).<\/div><span class='av-masonry-date meta-color updated'>August 23, 2022<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span 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av-mini-font-size='' font_color='' color='' id='' custom_class='title_footer' template_class='' element_template='' one_element_template='' av_uid='av-ktldwd13' sc_version='1.0' admin_preview_bg='']\r\nCOMPANY\r\n[\/av_textblock]\r\n\r\n[av_textblock textblock_styling_align='' textblock_styling='' textblock_styling_gap='' textblock_styling_mobile='' size='' av-medium-font-size='' av-small-font-size='' av-mini-font-size='' font_color='' color='' id='' custom_class='text_footer' template_class='' element_template='' one_element_template='' av_uid='av-25c0u1' sc_version='1.0' admin_preview_bg='']\r\n<a href=\"https:\/\/belaws.com\/about-us\/\" target=\"_blank\" rel=\"noopener\">About<\/a>\r\n[\/av_textblock]\r\n\r\n[av_textblock textblock_styling_align='' textblock_styling='' textblock_styling_gap='' textblock_styling_mobile='' size='' av-medium-font-size='' av-small-font-size='' av-mini-font-size='' font_color='' color='' id='' custom_class='text_footer' template_class='' 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=\"color:white;font-size:12px\">Belaws 2017 - 2025. \r\n<br>Belaws provides information and software only. Belaws is not a \"lawyer referral service\" and does not provide legal service or participate in any legal representation.\r\n<br>Belaws is not a law firm or a substitute for an attorney or a law firm. 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