Opening a small business in Thailand?
#1
Just Joined
Thread Starter
Joined: Jul 2013
Posts: 2
Opening a small business in Thailand?
I'm working on starting a retail business in Thailand and have British nationality (birth nationality is South African). I do not have a working visa as I have travelled here with my husband on his expat work visa.
What are the legal implications in starting a Thai business here vs. a UK-based business that I run from here. Keeping in mind that the target market is Thailand, hopefully expanding to Asian countries.
Thanks
Nicole
What are the legal implications in starting a Thai business here vs. a UK-based business that I run from here. Keeping in mind that the target market is Thailand, hopefully expanding to Asian countries.
Thanks
Nicole
#2
Forum Regular
Joined: Dec 2012
Posts: 129
Re: Opening a small business in Thailand?
I don't have any experience with this. As far as I know, you need to have a Thai partner to deal with official paperwork, recruitment and tax issues, which are a bit complex. Since you are now in Thailand, it might be a good idea to ask some Thai friends of your own or hubby to find more current information or contact any foreigners running similar business in the country.
#3
Just Joined
Thread Starter
Joined: Jul 2013
Posts: 2
Re: Opening a small business in Thailand?
I don't have any experience with this. As far as I know, you need to have a Thai partner to deal with official paperwork, recruitment and tax issues, which are a bit complex. Since you are now in Thailand, it might be a good idea to ask some Thai friends of your own or hubby to find more current information or contact any foreigners running similar business in the country.
#4
Forum Regular
Joined: Jan 2012
Location: Dubai
Posts: 120
Re: Opening a small business in Thailand?
You can own a business in Thailand but you may not be able to work in your business as you need a work permit to work and you won't get a work permit if what you do is a job restricted to Thais. You will also have to employ a certain number of Thais, 4 I think, to get a work permit.