For some people, the idea of starting a business abroad is one of the most exciting prospects out there. In this article, we’re looking into how to start a business in Thailand. While it is exciting, and there are so many good prospects in this vibrant country, there are many things to remember when putting your startup business ideas into practice.
If you don’t stick to the laws set out in The Foreign Business Act of 1999, you could end up facing a big fine. If you’re looking to overcome financial challenges anyway, this is the last thing you want. On top of that, prison sentences can follow for those who don’t comply with the laws, so it is key that you do things by the book.
Understand Thailand’s Foreign Business Act
The type of business you are looking to start could even be prohibited. It’s all very well having a number of ideas but there are some…
