Of course, Thai government is extremely cooperative when it comes to foreigners setting-up a company in Thailand. For example, the US nationals are eligible to own 100% of the business, while eliminating ownership hassles. Also, tax and non-tax benefits are provided to the foreigners who are willing to form BOI promoted business. However, you will still need to have a minimum of 2 million baht and all the respective licenses regardless of your nationality and what type of business entity you want to set-up.
Some of the business opportunities to consider are as follows;
- Technology Industry
It could be anything related to technology, from hardware to software business or even robotics. Presently Thailand is having a huge scope for those who are willing to invest in this sector.
- Mobile Industry
The country’s mobile industry has started to pick up steam after the recent thing to bring 4G to every corner of Thailand. Thus, mobile apps development, and consulting companies are now days high in demand.
- Automobile Industry
Thailand’s automobile industry is ever-growing and so many big companies are coming up to operate in the country. Also, there is a need for the foreigners to offer automobile services, as well as repair and maintenance.
- Real Estate
With more and more people wanting to settle in Thailand, real estate market is booming. However, the country has some strict rules when it is about land ownership, especially by foreigners. Even then, it is a popular choice for all the investors.
- Web Design Industry
Slow but steady, the web design industry is beginning to become popular in the country. Moreover, mobile advancements have led to seek out for talented web design firms in order to design and maintain their site. In fact, you can become a freelancer.
