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What are the main requirements of starting your own business in Thailand?


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Yesterday I saw one of the pitfalls of running a business in Thailand. A group of 5 separate Thai business's operating out of five separate shop-houses, all closed as lease expired. Shop house owner is trying to  lease as a complete entity, obviously looking for a large operation to lease the entire five buildings (7/11 maybe). Feel sad as one of the shops  was an excellent artisan bakery where I purchased all my bakery items.

Number one rule. Make sure your lease is cast iron.

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49% falang--51%thai owned

numbers may be off for investment but i think 2 000 000bht minimum... if falang... i think you have to have something like 6 thais on your payroll

 

are you american? different deal for americans

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