Business registration has increased as more foreigners are doing business in Thailand. During the second quarter of 2007, the Thai economy had expanded by more than 4%, with exports mainly serving as the main engine of growth for the greater Thai economy together with government spending.

There are 3 different types of businesses which can be registered. There is a Thai partnership, a Thai representative office, or a Thai limited company. More common than not, a Thai limited company is the most commonly used form of business setup chosen by foreigners doing business in Thailand.

Doing business in Thailand can be very complicated and may take you several weeks to complete the process. This is mainly due to the registration procedures and the required documents and forms being in Thai. It follows that you need someone you can trust and who is able to communicate in Thai on your behalf to be able to successfully review your company registration. Siam Legal's licensed Thai lawyers and foreign attorneys/solicitors can take care of the legal points of setting up your business thereby making sure that all the necessary requirements are met.

A Thai limited company, particularly a Private Thai Limited Company is the most popular form of business structures in Thailand. Due to the fact that not only are the Shareholders' liabilities limited to the amount of the shares they possess, but a Thai private limited company also allows separation between investor's body and managerial body.

Thai limited companies are the most common form of business registration in Thailand. We are a full service Thai law firm. Let our Thai lawyers or any of our foreign lawyers provide you with guidance when registering your limited company in Thailand. At Siam Legal we pride ourselves on not only offering you the best legal service, but as a full service law firm we also offer tax advice and an accounting service.

Ordinary Thai partnership is a business set up by a minimum of two persons. The persons are joint partners who share unlimited liability for all the company's obligations. It is not mandatory to register an Ordinary Thai Partnership but partners can choose to do so as provided in Section 1064 of Thai CCC, reads in part "An ordinary Thai partnership may be registered"

We are a full service Thai law firm. Let our Thai lawyers or any of our foreign lawyers provide you with guidance when registering your Thai partnership in Thailand. At Siam Legal we pride ourselves on not only offering you the best legal advice and expertise, but as a full-service law firm we also offer excellent tax advice and an accounting service.

Certain conditions apply to those Thai representative offices which require an Alien Business License. It is important to clarify beforehand what constitutes income and subject to Thai taxes. In order to form a representative office, at least one of the following purposes would need to be sought for the purposes of limited "non-trading" activities.

• The business is to source goods or services in Thailand for the headquarters.
• To check the product ordered by the headquarters overseas
• To give advices to the headquarters about the goods to order
• To supply the information of the headquarters' products to the customers in Thailand
• To report the economic movement in Thailand to the headquarters

To fully understand the conditions which pertain to a representative office in Thailand, contact any of our Thai lawyers or any of our foreign lawyers to provide you with guidance when considering to open a representive office in Thailand.

In 1997, the Thai government established the Board of Investment (BOI) to provide investment incentives for both foreign and local entrepreneurs who are interested to capitalize in the agency's promoted activities.

Regardless to locations and activities, Non-Tax privileges are available to all BOI-promoted projects. The BOI helps investors in three ways:

• Reduce the risks associated with investment
• Reduce initial investment costs and to improve the rate of return on investment
• Support services at all times

Sending applications to the Thailand BOI is best done through a Thai law firm as it is a very complex procedure. Contact us today to consult with any of our Thai lawyers or any number of our foreign lawyers on staff who will provide you with all the information you need. Speak to us today about what needs to be done.

Obtaining a Thai work permit in Thailand is perhaps the most convenient and most rewarding way for the enchanted visitor to enjoy the country's many promising attractions while immersing into the exotic and opulent Thai culture without worrying much about a Thai visa or time. Thai work permit allows you to work and operate business in Thailand as a skilled professional or even as an employer. The work permit is required in order to be able to work legally in the Kingdom of Thailand. Working without a Thai work permit might cause severe consequences. A foreigner, who is arrested for working without work permit, will be punished with a fine or imprisonment.

Before you can apply or be issued with a work permit you must have a non-immigrant visa first. This is required to apply for a Thai work permit in the Kingdom. Ideally, it should be acquired prior to your arrival in Thailand. We can assist you in obtaining it in your home country or in country close to Thailand. In addition, we can help you convert a tourist visa to a non-immigrant visa without leaving Thailand but it can take up to 1 or 2 months for this conversion process.