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Guide for Doing Business in Thailand

Guide for Doing Business in Thailand

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Published by G
A little handbook giving breif on how to do business in Thiland with an emphasis on policy and compliance framework
A little handbook giving breif on how to do business in Thiland with an emphasis on policy and compliance framework

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Published by: G on Sep 09, 2009
Copyright:Attribution Non-commercial

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11/11/2012

 
 
 
 
A GUIDE TO DOING BUSINESSIN THAILAND
Prepared by
ADVOCATES & SOLICITORS
December 2008Supalai Grand Tower, 26th Floor1011 Rama 3 Road, Chongnonsi, YannawaBangkok 10120ThailandTel: +66 2653 5555Fax: +66 2653 5678E-mail: bangkok@tillekeandgibbins.comWebsite: www.tillekeandgibbins.com
The information contained in this publication is given by way of general reference. It does not constitute legal advice andshould not be relied upon as such. If legal advice or other expert assistance is required, the services of competentprofessionals should be sought. No responsibility will be accepted by the authors for any inaccuracy or omission orstatement which might prove to be misleading.
 
 
©Tilleke & Gibbins International Ltd. i December 2008
TABLE OF CONTENTS
I. THE COUNTRY AT A GLANCE 1
A. Language 1B. Exchange Rate for the U.S. Dollar, the Euro, and Yen 1C. Geography, Proximity to Other Countries and Climate 1D. Cultural Influences or Prohibitions on Conduct of Business 1E. Religious Influences or Prohibitions on Conduct of Business 2F. Infrastructure 2G. Telecommunications System 3H. Public Services 4
II. GENERAL CONSIDERATIONS 6
A. Diplomatic Relations 6B. Government 7C. Financial Facilities 11D. Environment 14E. Intellectual Property 15
III. INVESTMENT 19
A. General Investment Policies 19B. Investment Incentives 20C. Direct Investment 21
IV. IMPORT/EXPORT REGULATIONS 24
A. Customs Regulations 24B. Exports 26C. Foreign Trade 27D. Imports 27E. Manufacturing Requirements 28F. Product Labeling 28
V. EXCHANGE CONTROLS 29
A. Exchange Controls 29
VI. TAX 30
A. General Tax System 30B. Deductible Items 31C. Tax Treaties 31
VII. REQUIREMENTS FOR THE ESTABLISHMENT OF A BUSINESS 31
A. Foreign Business Act 31B. Antitrust Laws 32C. Environmental Regulations 32D. Government Approvals 32E. Insurance 33F. Licenses/Permits 34
VIII. STRUCTURES FOR DOING BUSINESS 34
A. Governmental Participation 34B. Joint Ventures 35C. Limited Liability Companies 37D. Liability Companies, Unlimited 38

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