You’ll also need to open a corporate bank account and register for VAT if your annual revenue exceeds 1.8 million THB. Hiring a good accountant who understands Thai tax laws is crucial. Additionally, consider setting up a BOI-promoted company if your business qualifies, as it can offer tax incentives and other benefits.
First, you’ll need to register your company with the Department of Business Development (DBD). Depending on your business type, you may need a Foreign Business License if you’re not Thai. It’s also important to have a local lawyer to navigate the legal paperwork. Make sure to comply with the Foreign Business Act and other relevant regulations.
You’ll also need to open a corporate bank account and register for VAT if your annual revenue exceeds 1.8 million THB. Hiring a good accountant who understands Thai tax laws is crucial. Additionally, consider setting up a BOI-promoted company if your business qualifies, as it can offer tax incentives and other benefits.
Hello,
First, you’ll need to register your company with the Department of Business Development (DBD). Depending on your business type, you may need a Foreign Business License if you’re not Thai. It’s also important to have a local lawyer to navigate the legal paperwork. Make sure to comply with the Foreign Business Act and other relevant regulations.