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World Bank ranks Thailand No. 18 in terms of business friendliness


webfact

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I would have thought that being prohibited from owning a majority share in your business would put the dampers on "business friendliness". Invest 100% of the capital and then own a 49% share in your business, hooray!

I would have thought the same, that any country with a law that in essence gives full control of your

company to the 51% Thai " investors" ( you are actually putting up the money).

would knock out it out of the running for a survey about business investment. I know

that has stopped my from ever even thinking about opening a business here. Plus the

Thai police coming around for their monthly shakedown would be a bit of a downer as well.....

Of course you’re both correct. Where is the motivating factor to compel a talented individual to build a business in Thailand? The law of the jungle business environment there is basically like operating inside a criminal organization and the labor force to draw from is almost useless.

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