So, you are starting a Business? What next? Congratulations on starting a business! But launching your business is just the first step. As a business owner in Thailand, you now have a range of responsibilities to ensure your company operates smoothly and stays...
Understanding Severance Pay in Thailand: A Comprehensive Guide Severance pay is a crucial aspect of employment in Thailand, offering financial protection to employees who are terminated without cause. Severance pay is compensation provided to employees who are...
Starting a business in Thailand can be a lucrative endeavor, given the country’s strategic location, burgeoning market, and favorable economic conditions. However, navigating the legal and regulatory landscape requires expert guidance to ensure compliance and...
What are Civil and Commercial Partnerships? There are three main types of civil and commercial partnerships available in Thailand: Unregistered Ordinary Partnership – Partners equally share responsibilities and liabilities for any adverse events. Additionally, this...
What is a Sole Proprietorship? This type of business is owned and registered under the name of a single individual, who also acts as the operator. This option is generally not available in most countries, but under the US-Thai Amity Treaty, US citizens can register a...
Can a Foreigner Own a Limited Company? Foreign ownership of businesses in Thailand is feasible but involves a more intricate process. A foreign-owned business is defined as one where more than 49% of shares are held by foreign nationals. The regulation of such...
