Tech startups in Thailand seem to be in a good position for expanding throughout Southeast Asia. Local startups, functioning business to business to the consumer under the Advanced Info Service startup program are particularly promising. In fact, some such companies have advanced technology to scale both regionally and internationally.
Thailand’s start-up’s scene has expanded in the last few years, especially tech industries, from hardware to software service providing companies, and much more. These days Board of Investment in Thailand is promoting content marketing, cybersecurity and search engine optimization firms. Since the country is growing to be a digital marketplace, there’s a lot of scope for e-commerce.
The Thai government is interested in technologies that are used to improve customer experience such as, big data analytics, augmented and virtual reality, mobile money, and artificial intelligence. Similarly, technologies that better their network capabilities are also preferred by them. If you have been thinking about investing in the Thai tech industry you know where you should put your money in. However, in order to establish your start-up you must have these things with you;
- Name of the designated company (please provide 3 names);
- Registered address (in Thailand) for your company (please provide a copy of the house registration);
- Company’s objective (please provide full detail of your business functions);
- Shareholders Information:
- Copy of passport of your 3 promoters/shareholder;
- Share allocation of each shareholder;
- Directorship Information:
- Name of the Authorized Director(s);
- Copy of passport for each Director;
- Signatory condition of the director(s)
- The number of foreigners (non-Thai) that you expected to have been working for this juristic entity.
As for getting a space for your business, taking it on rent will always be feasible for you. Usually, the rent starts at around 4,000 Baht per month and comes with a 6 months minimum lease period.
