by panwa group | Dec 1, 2018 | 2.Corporate
What are the estimated monthly overhead costs and other business expenses for foreign companies in Thailand? There is no simple formula for calculating this as there are numerous variables, such as size of business, type of activity, industrial or service sector,...
by panwa group | Dec 1, 2018 | 2.Corporate
Definition of a Foreign Company According to the Foreign Business Act of 1999 (FBA), the term foreigner means: Natural person not of Thai nationality. Juristic person not registered in Thailand. Juristic person registered in Thailand having the following...
by panwa group | Dec 1, 2018 | 2.Corporate
To attract foreign investment, the BOI offers a wide range of fiscal and non-tax incentives. To reduce risks, the BOI offers guarantees against nationalization or competition from new state enterprises. It also grants permission to bring in foreign nationals to...
by panwa group | Oct 30, 2018 | 2.Corporate
Statutory Meeting Once the share structure has been defined, a statutory meeting is called, during which the following are determined: Adoption of the Articles of Association (by-laws). Ratification of any contracts entered into and any expenses incurred by...
by panwa group | Oct 30, 2018 | 1.Services, 2.Corporate
Time for company registration The registration of Thai company can be accomplished on the same day as the registration, the Memorandum of Association provided that all registered shares have been subscribed, a statutory meeting is held to transact the business...
