What are the requirements for hiring foreigners in Thailand?

To hire foreigners in Thailand, companies must obtain a work permit and visa for the employee. The process involves meeting specific criteria, including having the required paid-up capital, employing Thai staff, and demonstrating the need for foreign expertise.

How does the Board of Investment (BOI) promotion benefit foreign businesses in Thailand?

BOI promotion offers various benefits to foreign businesses, including tax incentives, permission to own land, eased foreign ownership restrictions, and streamlined processes for work permits and visas for foreign employees.

What are the key tax considerations for foreign companies operating in Thailand?

Foreign companies in Thailand need to consider corporate income tax (generally 20%), value-added tax (7%), withholding tax on various payments, and personal income tax for employees. It's crucial to understand tax treaties and potential benefits or obligations.

How can foreign businesses navigate regulatory challenges in Thailand?

To navigate regulatory challenges, foreign businesses should seek professional advice, stay updated on legal changes, consider BOI promotion, and ensure compliance with all relevant Thai laws and regulations, including those related to foreign business restrictions and labor laws.

What are the main business structures available for foreign investors in Thailand?

The main business structures for foreign investors in Thailand include Limited Companies, Branch Offices, Representative Offices, and Regional Offices. Each structure has different requirements, limitations, and benefits, so it's important to choose the most suitable option for your business needs.

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REGULATORY UPDATES

Latest regulatory changes In Thailand affecting foreign companies. Get the latest taxation, visa, investment, BOI and business regulatory updates in Thailand. Stay updated with the changes affecting your business in Thailand.

Thai Government Starts Implementing Regulations Tightening Company Registration Rules For Foreign Investors and Office Registration

The Department of Business Development has started the implementation of two new regulatory orders from January 1, 2026. These new regulations tighten the process of incorporating a company in Thailand by introducing stricter verification protocols designed to combat nominee structures and enhance corporate governance.

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REGULATORY UPDATES

Thai Government Starts Implementing Regulations Tightening Company Registration Rules For Foreign Investors and Office Registration

Thai Government Introduces Double Tax Deduction Window on Hotel Renovations to Boost Tourism Sector

Thai Government Increases Social Security Contribution Rates Effective From January 1st, 2026

Thailand Introduces New Personal Income Tax Exemptions to Boost Domestic Tourism and the Visual Arts Sector

Thailand Introduces Key Changes to Maternity Leave Law to Strengthen Employee Protection Rights

Thailand's Draft Climate Change Act Would Introduce Carbon Pricing for Businesses before 2030

Thailand’s BOI Introduces New Limitations on Land Ownership Privileges for Foreign Investors

Employee Welfare Fund (EWF) Implementation Postponed to October 2026

Thailand Set to Introduce New Tax Incentives to Accelerate SME Digital Transformation

Comprehensive Guide on the New Employee Welfare Fund for Foreign SMEs in Thailand

Thailand Board of Investment 2025 Policy Changes and Compliance Framework for Foreign Enterprises

Thailand Makes Several Changes to Withholding Tax in 2025, Including Mandatory E-Filing

Cabinet Preliminarily Approves Amendments to the Foreign Business Act Aiming to Simplify Thai Market Access for Foreigners

Cabinet Preliminarily Approves New Work Permit Rules Aiming to Simplify Collection Process

Draft Financial Business Hub Act Aiming to Promote Thailand as a Financial Center is Open for Public Consultation

New Law Mandates Businesses to Modify VAT Apportionment Method When Engaged in VAT-Liable and Exempt Activities

House of Representatives Conducts Public Hearings on Two Draft Bills Seeking to Increase Consumer Protection

Thai Electric Vehicle Policy Committee approves excise tax reduction for hybrid electric vehicles

Key Compliance Requirements for Data Deletion and Anonymization in Thailand: What Companies Need to Know from the Latest Personal Data Protection Guidelines

Thailand's New Tax Incentives: Unlocking Opportunities in Special Development Zones