The Thai labor market is dynamic and rapidly evolving, crucial for the country’s economic growth. As Thailand experiences social, technological, and economic changes, understanding the market’s trends, opportunities, and challenges becomes vital.
In this article, we’ll explore the current state of the Thai labor market, focusing on emerging opportunities and key challenges for job seekers and employers.
Thailand is a booming business hub in Southeast Asia. It attracts local and international companies with its strategic location, strong infrastructure, and skilled workforce. Moreover, the country offers appealing tax advantages that foster business growth and investment.
In this article, we’ll explore Thailand’s tax incentives for businesses, outlining their benefits and eligibility criteria.
Are you considering creating a new entity for your business in Thailand? There are several options available to you. Even if the most popular business structure is the limited liability company, two other very interesting options are available to you: representative offices or branches.
According to the Law on Foreign Trade in Thailand, certain types of activities are reserved only for Thai citizens. As a result, foreign entities or firms who wish to do business in Thailand in one of the prohibited classes of business, have to obtain a foreign business license. “The Foreign Business Act (FBA), B.E. 2542 (1999) is enacted to govern business operations and activities involving foreign nationals and entities”.
