Subscribe RSS

Tag-Archive for "Business"

Successful business in Thailand – What does it take? Author: admin Jul 12

That the most successful entrepreneurs in the western part of Thailand have in common? Well, they have many things in common, but the three most striking and obvious is the discipline, patience and the ability to work effectively with people. Could indicate the possession of these three features will be common knowledge for every company in the world, but it is still a greater demand in Thailand. Business in Thailand requires these things of a man, without the success that it is a long shot.

Because theand why is it so important discipline in Thailand? Discipline is an absolute need to do things and include without completing a mission. The cycles are intoxicating, that life has to offer in Bangkok in Thailand or wherever, without this capacity overwhelming.

Thailand

The foreigners come to Thailand with a plan can quickly lose focus from the countless bars, clubs, activities, and women who are readily available.

Westerners have no plan and no sense (thoughtwill create a business plan below) are very likely engulfed by the relaxed lifestyle of Thailand. To make tomorrow's race can not do everything quickly. Those falling into this category wonder aimlessly through the streets of Bangkok, at any party or gathering and have their elbows on the stories of girls Bar table.

Many of these scenarios, it is the realization of their situation and overcome to do something about it repeatedlyIntestinal tract and remember why they came to Thailand in the first place or to create a solid business plan.

Second, patience is required. Doing business in Thailand requires self-control in dealing with Thai people in positions of authority, especially in a difficult situation. Corruption is rooted in Thailand, but in the sign of a commercial transaction, which apparently disappeared without losing control requires a great evil. Be confident in finding themselves in this situation, to emphasize the differencesin the contract that he got his manager to let them know that the local newspapers, the police, the message and even a lawyer can be contacted. Thai is not like the face of losing their problems or made public, and many want to go back or re-negotiation in the face of the above options.

Finally, networking with others is as important as the discipline and patience. Thailand is a very viral community and networking with others is simple. However, these contacts to build efficientBusiness is a different story. If there is a great resource to extend to him and not leave it idle.

Finally, as a serious matter, as you would at home. Stay away from the traps, patience, and network with other successful companies in Thailand will experience only to be removed.

Successful business in Thailand – What does it take?

Category: Thailand travel  | Tags: , , , ,  | Leave a Comment
Doing business in Thailand Author: admin Jun 21

The following article was used in an attempt to make readers of business activities in Thailand and the different corporate structures, written to do this.

Those who are well-advised behavior in Thailand to conduct research and due diligence in costumes of Thai businessmen, practices, rules and regulations. All this said, there are many options in terms of corporate training for those who work within the jurisdiction of the Kingdom of conductThailand. Because in countries like the United States of America, the jurisdiction of the Kingdom of Thailand persons, organizations can lead to a single company. Meanwhile, some individuals or groups of companies prefer to run as a partnership. In the Kingdom of Thailand, the company in the form of both registered and unregistered partnerships or limited liability company can not be allowed to transfer protection. Limited partnerships are often exploited by two orforeigners to do business in Thailand.

Thailand

Many of those who finally decide to do business in Thailand's decision to conduct business under the auspices of a Limited company in Thailand. A limited liability company in the Kingdom of Thailand, similar to a limited liability company (LLC) in the United States, the European Union or the United Kingdom may, limited liability, which may be significant benefits for market participants as the costs of possible personal actionsmay be, at least somewhat into question. In this context, in most cases, foreign nationals who carry on business in Thailand is well to note the rules on foreign ownership of Thai companies Thai (often referred to as a legal person under Thai law) take over. In the vast majority of cases in which a natural person of foreign origin or foreign business entity is only able to own 49% of Thai society.

Although most of the foreigncan not be more than 49% of a company in Thailand, there are exceptions to this rule. Most notable among the exceptions is the US-Thai Treaty of Amity, Americans own nearly 100% of the Thai society allows limited liability, provided they receive certification Amity contract by the Thai government for activities that ' company intends Noteworthy is located in the Thai Board of Investment Board, sometimes colloquially referred to by the acronym: Treasury bills. Foreign companies may be able to acquireBOI certification and enjoy many advantages not usually granted to foreign individuals or legal entities that carry on business in Thailand.

In addition to limited liability companies, partnerships and sole proprietorships in Thai law allows the operation of associations and foundations. However, these two types of legal entities, some use small business, as they generally only used by charitable organizations or non-profit. Those who should lead in Thailandalso note that the Thai Labour regulations provides that an alien must have a Thai work permit legally take a job in the jurisdiction. The possible failure to obtain a work permit in fines or penalties, including criminal sanctions.

Doing business in Thailand

Category: Thailand travel  | Tags: , ,  | Leave a Comment
Running their own small business in Thailand Author: admin Apr 28

Thailand has attracted many beautiful beaches, warm weather, nice people, good food, beautiful Buddhist temples, romantic and Sunny Isles, a low cost of living …

Many foreigners – up-goers in Thailand are safe and operate a business in Thailand. They see it as the best of both worlds: the move to paradise with its casual lifestyle and earn enough money to pay the bills.

Thailand

Without compromising your dreams, you mustknow the pitfalls that may occur and how to avoid them. Here are some of the arguments:

1. It is quite possible, a small business in Thailand and make your choice for your life. However, you must first know what you're doing. If you like, for example, creating a small gemstone trading business, it is important that you get a solid experience in this line of work. If you have a restaurant-bar or something that many foreigners have been shown to be openedExperience in building and operating such a business is critical. Without sufficient experience, you may be in danger of losing their entire investment in the shortest possible time.

2. Once you have determined that you bring enough experience to do the job, you need to study the Thai market to determine who your customers are, how to get there (marketing), and where to look for your business to greater success.

3. Once you decide to take the plunge, it is importantYou need a competent attorney to guide you through the process. There are a number of law firms that Western advisers, allowing you to someone who knows the ins and outs of the confidence of these rules, and where you can pay.

4. In most cases, you need a Thai partner a true co-investor or a partner rated. This can meet the demand, the Thai authorities to the Thai shareholders a minimum of 51% of the company to keep. However, not being subject to this specialPrerequisite: There are legal ways to ensure that the foreign investor will be in full control of their investments and their legal counsel that will be explained.

5. In addition, the company needs a registered business address: This may be a small office with four people, or a series of offices, depending on the number of employees they need to hire. There are many options of rented offices in Bangkok and in smaller cities and towns for your budget, but if youThink of running your small business from home will need advice to work closely with you to the position, the Thai authorities to find the expectations met.

6. If the business in Thailand itself, you must obtain a work permit, or to be in conflict with the law on immigration and work to avoid at all costs! The need for a work permit, which in turn raises the question of how many Thai people are used:there is a minimum specified in the rules (4), but the Thai staff to be phased in according to their start-up plan. Your counselor will tell you how these interlocking rules, without having to make too much of a headache.

7. It 'important to retain an accountant (not likely to set you need an accountant full time, if your company is small). Accounting services are not expensive, starting from a minimum of £ 100. (U.S. $ 167) per month. They wantHowever, to choose an accountant with which to communicate easily in English as it should be the beginning of the fiscal and accounting: the interlocking nature of the standards for Thai companies so that tax and accounting issues relating to the renewal of your permit connection work and the visa every year.

8. We want to ensure that the rent Thai staff to communicate effectively for your business and responsible for the situation in English. There will be pleased to know that there areA number of recruitment companies western managed, the solid support experience with Western officials to have the choice of technical and administrative staff. You must pay a fee for this service, of course, but avoids the lengthy process of advertising in newspapers, and pre-screening candidates.

9. Help in the selection of offices, some law firms, additional services for investors to create new businesses to help their Thaito find space for your needs suite or an apartment for herself, using office equipment to the center of a reputation, and many firms can introduce a bookkeeping service English language.

Running their own small business in Thailand

Category: Thailand travel  | Tags: , ,  | Leave a Comment
Running their own small business in Thailand Author: admin Apr 19

Thailand has attracted many beautiful beaches, warm weather, nice people, good food, beautiful Buddhist temples, romantic and Sunny Isles, a low cost of living …

Many foreigners – up-goers in Thailand are safe and operate a business in Thailand. They see it as the best of both worlds: the move to paradise with its casual lifestyle and earn enough money to pay the bills.

Thailand

Without compromising your dreams, you mustknow the pitfalls that may occur and how to avoid them. Here are some of the arguments:

1. It is quite possible, a small business in Thailand and make your choice for your life. However, you must first know what you're doing. If you like, for example, creating a small gemstone trading business, it is important that you get a solid experience in this line of work. If you have a restaurant-bar or something that many foreigners have been shown to be openedExperience in building and operating such a business is critical. Without sufficient experience, you may be in danger of losing their entire investment in the shortest possible time.

2. Once you have determined that you bring enough experience to do the job, you need to study the Thai market to determine who your customers are, how to get there (marketing), and where your business looking for the greatest success.

3. Once you decide to take the plunge, it is importantYou need a competent attorney to guide you through the process. There are a number of law firms that have western consultants, which allows someone who knows the in and out of the confidence of these rules, and where you can pay.

4. In most cases, you need a Thai partner a true co-investor or a partner rated. This can meet the demand, the Thai authorities to the Thai shareholders a minimum of 51% of the company to keep. However, not being subject to this specialPrerequisite: There are legal ways to ensure that the foreign investor will be in full control of their investments and their legal counsel that will be explained.

5. In addition, the company needs a registered business address: This may be a small office with four people, or a series of offices, depending on the number of employees they need to hire. There are many options of rented offices in Bangkok and in smaller cities and towns for your budget, but if youThink of running your small business from home will need advice to work closely with you to the position, the Thai authorities to find the expectations met.

6. If the business in Thailand itself, you must obtain a work permit, or to be in conflict with the law on immigration and work to avoid at all costs! The need for a work permit, which in turn raises the question of how many Thai people are used:there is a minimum specified in the rules (4), but the Thai staff to be phased in according to their start-up plan. Your counselor will tell you how these interlocking rules, without having to make too much of a headache.

7. It 'important to retain an accountant (not likely to set you need an accountant full time, if your company is small). Accounting services are not expensive, starting from a minimum of £ 100. (U.S. $ 167) per month. They wantHowever, to choose an accountant with which to communicate easily in English as it should be the beginning of the fiscal and accounting: the interlocking nature of the standards for Thai companies that taxation and accounting for the renewal of the connection your work permit and seen every year.

8. We want to ensure that the rent Thai staff to communicate effectively for your business and responsible for the situation in English. There will be pleased to know that there areA number of recruitment companies western managed, the solid support experience with Western officials to have the choice of technical and administrative staff. You must pay a fee for this service, of course, but avoids the lengthy process of advertising in newspapers, and pre-screening candidates.

9. Help in the selection of offices, some law firms, additional services for investors to create new businesses to help their Thaito find space for your needs suite or an apartment for herself, using office equipment to the center of a reputation, and many firms can introduce a bookkeeping service English language.

Running their own small business in Thailand

Category: Thailand travel  | Tags: , ,  | Leave a Comment
Running their own small business in Thailand Author: admin Feb 23

Thailand has attracted many beautiful beaches, warm weather, nice people, good food, beautiful Buddhist temples, romantic and Sunny Isles, a low cost of living …

Many foreigners – up-goers in Thailand are safe and operate a business in Thailand. They see it as the best of both worlds: the move to paradise with its casual lifestyle and earn enough money to pay the bills.

Thailand

Without compromising your dreams, you mustknow the pitfalls that may occur and how to avoid them. Here are some of the arguments:

1. It is quite possible, a small business in Thailand and make your choice for your life. However, you must first know what you're doing. If you want, for example, by creating a small gemstone trading business, it is important that you get a solid experience in this line of work. If you have a restaurant-bar or something that many foreigners have been shown to be openedExperience in building and operating such a business is critical. Without sufficient experience, you may be in danger of losing their entire investment in the shortest possible time.

2. Once you have determined that you bring enough experience to do the job, you need to study the Thai market to determine who your customers are, how to get there (marketing), and where to look for your business to greater success.

3. Once you decide to take the plunge, it is importantYou need a competent attorney to guide you through the process. There are a number of law firms that Western advisers, allowing anyone who knows the in and for the confidence of these rules, and if you can pay.

4. In most cases, you need a Thai partner a true co-investor or a partner rated. This can meet the demand, the Thai authorities to the Thai shareholders a minimum of 51% of the company to keep. However, not being subject to this specialPrerequisite: There are legal ways to ensure that the foreign investor will be in full control of their investments and their legal counsel that will be explained.

5. In addition, the company needs a registered business address: This may be a small office with four people, or a series of offices, depending on the number of employees they need to hire. There are many options of rented offices in Bangkok and in smaller cities and towns for your budget, but if youThink of running your small business from home will need advice to work closely with you to the position, the Thai authorities to find the expectations met.

6. If the business in Thailand itself, you must obtain a work permit, or to be in conflict with the law on immigration and work to avoid at all costs! The need for a work permit, which in turn raises the question of how many Thai people are used:there is a minimum specified in the rules (4), but the Thai staff to be phased in according to their start-up plan. Your counselor will tell you how these interlocking rules, without having to make too much of a headache.

7. It 'important to retain an accountant (not likely to set you need an accountant full time, if your company is small). Accounting services are not expensive, starting from a minimum of £ 100. (U.S. $ 167) per month. They wantHowever, to choose an accountant with which to communicate easily in English as it should be the beginning of the fiscal and accounting: the interlocking nature of the standards for Thai companies so that tax and accounting issues relating to the renewal of your permit connection work and the visa every year.

8. We want to ensure that the rent Thai staff to communicate effectively for your business and responsible for the situation in English. There will be pleased to know that there areA number of recruitment companies western managed, the solid support experience with Western officials to have the choice of technical and administrative staff. You must pay a fee for this service, of course, but avoids the lengthy process of advertising in newspapers, and pre-screening candidates.

9. Help in the selection of offices, some law firms, additional services for investors to create new businesses to help their Thaito find space for your needs suite or an apartment for herself, using office equipment to the center of a reputation, and many firms can introduce a bookkeeping service English language.

Running their own small business in Thailand

Category: Thailand travel  | Tags: , ,  | Leave a Comment
Honest Business in Thailand Author: admin Feb 13

Seven, eight, nine … Stop! Twelve minutes and nine seconds! This is the time they delivered to my gas bottle $ 70-00. There was no particular order. I Have the run out of gas, while a souffle in the oven. Only the normal service, including delivery. Not bad for lazy Thailand, where the judge fell asleep on the bench and the cars go around the soi dogs sleep on the streets.

Order of the gas is no exception. The purchase of a sofa, the installation of mosquito nets and my fixation with air conditioningwere made at the same speed and agility. Sales of goods and deliver immediately, the deal is done and the money in your pocket. Competition is fierce in Thailand and Thai people are very enterprising. Cash is the only method of payment. Only in the tourist areas and major chains accepting credit cards.

Thailand

Bangkokians spoiled for choice. Each morning of the pick-up with the food passes through our country. Housewives and restaurant owners to buy rice, meat and vegetables for the day.In the evening the truck was loaded with fruit with seasonal fruit – watermelon, grapes, mangosteen, as well. The weekend of the truck market of food, full of brooms, buckets, mops, twisting. It saves everyone a trip to Lotus, and a long, long grueling hours in traffic in Bangkok.

Thais are excellent seller. Bella vendors line the counters of every store. Your charm and elegance is far from your feet. Its beauty is deceptive. Below is the beauty of avery smart business woman. They are patient and know how to do a hard bargain hard. I confused the Thais refused 'to negotiate as a lack of negotiating skills. I had some heated discussions with my students on the topic. For example, a cop, you go and bribe demand thousand baht. That is, the payment of a bribe or baht a trip to the police station. He (99.9% are male) refused to negotiate down to baht. Because he is a poor negotiator? No! He knows that you have theMoney and must pay the bribe. There is no need for him to negotiate a baht down!

Business people are smart. " All prices are rare. The locals know the prices of most of the terms -35 baht for a tuk-tuk ride home, 10 baht for a pack of fresh sliced pineapple, 40 baht for a clay pot. Foreigners inevitably pay more than the locals. It depends on how they think we can upload. They think that foreigners are rich and can afford to pay more. Even if you staylong enough to speak Thai here, you will be charged even more. I never in a business that seems to me to cope. We are not the only ones to pay more. My wife, who is from South pays more often than I do. I usually take the price before ordering. When I visited in Malaysia, the Indians thought street vendor, I'd be really cheap when I asked how much a cup of coffee before I ordered.

Thais do not waste. Nothing is wasted, nothing lost and nothing is free. In fact, theWords do not exist freely in Thai. E 'borrowed from the English language. And the next word is peasyt discount Raka, which literally translates to a special price. Tags can alarming. The beer is purchased for 46 baht in a store and sold for 60 baht in a restaurant. AND 'cheaper to dine in a restaurant to cook at home. It is not set for a client to his whiskey in a restaurant and pay only for the mix of scarcity. No corkage fee is charged. It is not uncommonsee a wagon stop selling food in front of a restaurant and the fried snack vendor in your restaurant!

energy drinks are a bargain, so Coca-Cola is 10 baht. Laundry service, a plate of pasta and taxis are cheap. While most things are cheap, nothing is free. In Thailand you pay for drinking water, it pays to pay for education and entertainment. And if you have paid, do not expect to get a refund. The goods can be changed, but not reimbursed. Once the money went, it was enoughis practically impossible to go back. Thais have a saying – what kind of eating the elephant, not again.

Not everything is cheap, though. A trip to the hospital has confirmed this. A consultation sick leave and antibiotics cost me 2,700 baht! It's two weeks wages for factory workers. Private school is expensive. And this is a mechanic – I paid 8,000 baht to 2,000 baht for a service! The carburetor and starter have been replaced. He even showed the old parts. I'm surethese parts do not come from my car. And he told me he had the honor, very (honest). An honest Thai! My-my.

Honest Business in Thailand

Category: news  | Tags: , ,  | Leave a Comment