Legal, business and tax issues
Conducting Business in Thailand
Siam, the Land of Smiles, has attracted Western traders, businessmen, and investors for centuries. Thailand has its Oriental allures-its attractions that have made tourism the biggest foreign-currency earner for the nation. It has also more recently drawn the attention of serious international investors, who see Thailand ideally positioned in this region to play an important role in 21st century Asia.
When making a decision to invest in Thailand-be it in business or property-one must keep one very important fact in mind: there is no substitute for business know-how and sound planning. All investors have the responsibility to "do their homework" before plunging into a new venture in a foreign land. And when doing so, bear in mind that sound legal and tax planning are essential if you are to meet your goals.
At EUROPEAN LAW ASSOCIATES, we will discuss with each of our clients their short-term and long-term goals; devise a strategy best suited to them; and then formulate a detailed implementation program, including legal, business and tax issues.
Requirements Review
The major points to be reviewed at the outset:
- The business structure, including foreign and Thai shareholding;
- Requirements for staffing, including Thai personnel;
- Requirements for office space, showroom, factory, etc.;
- Projected income and expenditures.
Additional Service Portfolio
If need be, EUROPEAN LAW ASSOCIATES can bring in tax and accounting specialists to review your business plan before you begin the legal process.
Whether your business is international in scope-or simply a private consultancy, you will be in sound hands with EUROPEAN LAW ASSOCIATES.