5/17/11

Setting up a business in Thailand

        Many foreigners now want to start or expand their business in Thailand. Starting a business in a foreign country can be both useful and Thailand occasion a daunting task. Smiles is known as the land and the Government has extended such hospitality in the process of business registration. There is a one-stop service center, offering companies a way to get all the necessary information, including a new companyThailand>. The Thai government has done many years great improvement over the last acceleration company registration in Thailand. Now, a Thai company for you within one business day after receiving confirmation on behalf of the Thai company with limited liability are recorded.

        New large and small companies in Thailand can be set with ease. For a small new Thai economy, simply register your new Thai limited liability company with a market capitalization of at least 2million baht. The Thai government requires that at least 25 percent of market capitalization are until the day of the meeting paid for the registration of companies. Initial funding can be used immediately for rental of premises, purchase of computers, purchase of inventory and business expenses. With regard to corporations, their government Thai Board of Investment (BOI) program offers many advantages for specific industries to choose Thailand as their starting positions. These can includesoftware developers small with only a few people for large manufacturing operations. The incentives are tax exemptions, tax or reduce duties on imports of machinery, the rapid transformation of work permits and visas for foreign workers, and tax free zones for the import of raw materials and exported as finished product (for some specific sectors).

        The percentage of Thai ownership of your company depends on company registration, you can process the Thai government.The most common type of registration is a limited liability company with 2 million Thai baht required start-up capital. A foreigner can only be up to 49 percent of shares in this type of structure. The Thai partner must have 51 percent. The corporate structure offers the possibility BOI owned 100 percent in certain professions. We recommend you with a new lawyer Thailand Thai Foundation to help contact you in planning your company's a.
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special thanks info : www.amazingthailandguide.com , Photo copy right from internet

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