Notwithstanding political uncertainty and volatility since 1970, Thailand has made remarkable progress in social and economic issues, moving from a low income country to an upper-income country in less than a generation.

An economic forecast for Thailand from the Asian Development Bank

The many benefits Thailand offers foreign investors make it one of the region’s most attractive investment destinations.  

This economy profile presents the Doing Business indicators for Thailand. To allow useful comparison, it also provides data for other selected economies.

There are three types of common business structures in Thailand. These are the Partnership, Limited Companies, and Joint Venture. They are discussed in detail on this site.

In Thailand there are three types of businesses: 1) Limited Companies (public and private; 2) Sole Proprietorships; 3) Partnerships

Starting a company information from the World Bank

Business Registration is up due to Thailand’s unprecedented economic growth over the years which has been attracting investors to Thailand

The Corporate Tax Rate in Thailand stands at 20 percent. Corporate Tax Rate in Thailand averaged 28.05 percent from 1997 until 2015, reaching an all time high of 30 percent in 1998 and a record low of 20 percent in 2013. Corporate Tax Rate in Thailand is reported by the The Revenue Department, Government of Thailand.

A domestic corporation is subject to tax on worldwide income, while a foreign corporation is taxed on income generated in Thailand. Tax is generally levied at the rate of 30% of net profits.

The Personal Income Tax Rate in Thailand stands at 35 percent. Personal Income Tax Rate in Thailand averaged 36.64 percent from 2004 until 2014, reaching an all time high of 37 percent in 2005 and a record low of 35 percent in 2013. Personal Income Tax Rate in Thailand is reported by the The Revenue Department, Government of Thailand.

Tax levied on taxable income ranges from 5% up

In Thailand, the sales tax rate (VAT) is a 10% tax charged to consumers based on the purchase price of certain goods and services.

The VAT is generally imposed at a standard rate of 10%.

Visa information for tourists, students and business. Generally, a foreign citizen who wishes to enter the Kingdom of Thailand is required to obtain a visa from a Royal Thai Embassy or a Royal Thai Consulate-General. However, nationals of certain countries do not require a visa if they meet visa exemption requirements

See “Entry, Exit & Visa Requirements” on this site

Visa information for tourists, students and business. Generally, a foreign citizen who wishes to enter the Kingdom of Thailand is required to obtain a visa from a Royal Thai Embassy or a Royal Thai Consulate-General. However, nationals of certain countries do not require a visa if they meet visa exemption requirements

See “Entry, Exit & Visa Requirements” on this site

Catching local transport in Thailand – transport tips on getting around Thailand like a local.

There are three major fixed-line operators – one government-owned and two private. Despite the effort put into this segment of the market, fixed-line services are outnumbered by mobile phone services by a ratio of more than 15 to one. – See more at:http://www.budde.com.au/Research/Thailand-Major-Telecom-Operators.html#sthash.CS1KgqGH.dpuf

Telecommunication business organizations in Thailand can be classified into two types: the government & the private organization

Transport in Thailand is varied and chaotic, with no one dominant means of transport. Bus transport dominates in long distances and Bangkok, with motorbikes dominating in rural areas for short trips, supplanting bicycles.

The Work Injury Compensation Act (WICA) lets employees make claims for work-related injuries or diseases, without having to take legal action

Benefits described for both termination and resignation

The Department of Labour Protection and Welfare, under the Ministry of Labour and Social Welfare, is charged with implementing labour laws and performing labor inspections throughout the country.

Employee and Employer’s Agreement 

US Department of State – Go to Safety and Security for updates from the Malaysia government

Thailand’s climate can be described as tropical monsoonclimate. It is characterized by strong monsoon influences, has a considerable amount of sun, a high rate of rainfall, and high humidity that makes it sometimes feel quite uncomfortable.

The Thailand climate is controlled by tropical monsoons and the weather in Thailand is generally hot and humid across most of the country throughout most of the year. While Thailand’s seasons are generally divided into the hot season, cool season, and rainy season, in reality it’s relatively hot most of the year.

Cost of living information includes price indices for rent, food, utilities, transportation, restaurants, clothing and more

From housing and transport to entertainment and personal care, find out the cost of livingin Thailand compared with your home city.

The dos and don’ts of business etiquette in Thailand

While Thai customs may seem very conservative to some westerners, Thai people are generally very relaxed and easy-going and will rarely take offence if a foreigner fails to follow Thai etiquette. 

Public holidays in Thailand are regulated by the government, and most are observed by both the public and private sectors. There are usually 16 public holidays in a year, but more may be declared by the cabinet

Demographic information includes population, quality of life, health, sports, technology, energy and the environment

Demograghic facts and data

Overall, Thailand is a safe nation in which to travel.  Physical attacks and other crimes against “the person” are far less likely than in many other “developed” nations. 

Thailand’s educational system is divided into three levels: KG1 to KG3 – 3 years to 5 years old – P1 to P6 – 6 years to 11 years old – M1 to M6 – 12 years to 18 years old. Level 1 is optional, but Thai children are required to complete levels P1 to M3

Expats moving to Thailand with children needn’t worry too much about choosing a school; local public and private schools in Thailand are generally not regarded as options due to the language barrier, and so families have only a few reputable international schools to choose from.

National and bank holidays and observances

The Ministry of Commerce determines classes of goods that are subject to IMPORT controls. These regulations usually take the form of permission and licensing. At present more than 50 classes of goods require import licenses from the Ministry of Commerce. The Act Controlling the Importation and Exportation of Goods authorizes the Ministry of Commerce exert control over the EXPORTING of products. At present, close to 50 items require such control. Certain goods require export licenses under other laws, such as seeds, trees, and leaves of tobacco.

The Ministry of Commerce determines classes of goods that are subject to import controls and also exerts control over export ed products. 

Customs law is all the statuary and regulatory provisions enforced or administered by the Customs Administration concerning the importation, exportation or transit of goods.Travel

Houses, apartments, guest houses and hotels available in Thailand

Accomdations in regions and cities in Thailand

A guide to the cities and islands of Thailand

A complete guide to travel in Thailand