The uniqueness of company registration in Thailand

  songsamorn yannasitti    April 26, 2013    1011

 

Thailand is truly a great country to visit as a holiday but what would make someone want to actually move their business there in terms of securing a foothold in Asia or to try and capture new markets and generate new business?  Company registration in Thailand is a lengthy if rewarding experience if the rules are followed and it is done properly.  Many people mistakenly try to apply the same rules that worked for them back in their home country and then they wonder why their business fails or that the company registration process is denied.

Thailand is supremely rich when it comes to culture and so many people who are looking to invest here do not understand the differences or intricacies involved in this and many find it hard working with Thai staff as the differences in work ethic and thinking can be quite hard to swallow and understand at first.  It helps to understand the culture when it comes to company registration in Thailand also as the process can be quite laborious and can take several weeks and quite a significant amount of documentation also.

But that is why having legal counsel or assistance for company registration in Thailand is recommended as they can usually assist you with making sure you have the correct documents prepared and ready for when they need to be submitted and they can usually assist with the submission process also as it can take all day in some cases for the documentation to be approved and verified before moving on to the next stage.  You also need a bank account in Thailand as part of the company registration process which must be company owned with a required amount of capital deposited in it. 

This is so that they can check that the business is legal and can support itself.  A company that cannot support itself for at least a year at the most.  This makes great sense if you look at it because it also helps weed out the applications in terms of company registration in Thailand that are for companies that cannot support themselves or are genuinely bogus applications.  The company registration process in Thailand is neither easy nor quick but if the rules are followed and the culture respected, as well as your company being legally and financially viable then you stand a great chance of success in making your business work in Thailand. 

It is through respecting and obeying Thailand, its rules and its cultures that you can make the company registration process that much smoother, faster and easier, after all, when in Thailand it is best to do as the Thais do and follow the rules that have been laid down to ensure success company registration in Thailand during all steps of the procedure.  Doing this will make the company registration process in Thailand, which can be quite a mammoth task, to be a little more easier to do with a and with the much higher chance of a positive outcome and the end of it all resulting in having successfully performed company registration in Thailand.


 Article keywords:
company registration thailand, thailand company registration, company registration in thailand

 


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