How can I open a business in Thailand on an ED visa and what are the visa options for this?

ED Visa Business Opening Visa Requirements Thai Business Regulations Visa Types Foreign Investment in Thailand

Nov 23, 2017

7 years ago

ORIGINAL POSTER

Hi all

Looking for a bit of advice please

We are entering Thailand on a ED visa for 12 months in Jan 18

I'm looking at continuing my business in Thailand so wanting to no how difficult it is to open to business to gain the visa I need to carry that on.

My wife is 50 in 2 yrs so was originally going to tag onto hers.

Any advice much appreciated

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TLDR : Answer Summary

The post discusses the user's plans to open a business while holding an ED visa in Thailand and seeks advice on the process and requirements. Comments suggest that to open a business, they would need at least two Thai partners owning 51% of the business and employing four Thai staff members. It is recommended to initially piggyback on the wife's visa while researching the market and finding local professionals, such as accountants and lawyers, who can assist with the business formation and visa/work permit process. Overall, starting a business may be tedious and expensive but is feasible with proper planning and the right legal support.

Joe ***********

You will also need two Thai partners who will own 51% of the business and have 4 Thai employees. This is not as daunting as it sounds - this the reason for a year of research. Contact me via PM and I will provide more details.

7 years ago

Joe ***********

Having said these things, I advise that you piggyback your wife's visa for a long time - up a year while you research the market you plan to enter, get referrals for local accountants, the ways of doing business in Thailand, etc.

7 years ago

Joe ***********

An accountant is needed of course in forming a business. And many accountants act as Visa / Work Permit Agents. Forming a business is tedius, time consuming and expensive but can be done. Many foreign owned businesses fail and these companies can be bought and completely changed to your wants and needs. Buying the shell of a business is not near as risky as naysayers talk about - If you practice due diligence. The Accountants I speak of will have a working relationship with a lawyer for the necessary legal documents.

7 years ago

Robert *******

Talk to a lawyer and it is very easy if you have the money.

7 years ago

Reply to

Robert *******

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