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What is the process for a Bangladeshi expat to start a business in Chiang Mai, Thailand?

Business in Thailand Starting a business Foreign investment Chiang Mai Visa regulations Market research Entrepreneurship Permitted business activities

Oct 20, 2024

2 months ago

Shahid ***********

ORIGINAL POSTER

I am a Bangladeshi.  I am traveling to Chiang Mai in October 2024.  I stayed here for 15 days.  Chiang Mai is my favorite place to any other province in Thailand. I am interested in doing business here or in any city for Thailand.  What is the process to start doing business here?

If anyone can help me with this I would appreciate it.

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TLDR : Answer Summary

A Bangladeshi individual is seeking advice on starting a business in Chiang Mai, Thailand, where he intends to travel for 15 days in October 2024. Community members provide various suggestions and insights, including the importance of market research, learning the language, forming local partnerships, cautioning against making hasty decisions, and recommending specific business ideas like opening a restaurant or selling umbrellas. There's an emphasis on understanding local business practices, the necessity of careful financial planning, and making informed long-term decisions.

Peter *********

Gold shop lol 😆

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John *********

Only start a business in Thailand with the money you don’t need anymore.

I would recommend start by bring umbrellas and galoshes for October in Chiang Mai. Prepare for floods.

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Roushonul ********

Don’t decide things after 15days stay. If you have unlimited money then do it. But if you want to SME business owner then try to stay here more time and mix with people, make connections and learn the language. Also I don’t think asking here will do much help as it is visa help and to do business you must take help from agency.

I am not discouraging you. Just asking you to have more understanding of the situation. Do market research. If you are unmarried I will advise take your time and see if you can find good person for you. This is not your country and you don’t speak this country language. There will be people in every step to take advantage of that. Thai people are generally honest but the term is generally. There is lots of people here who is waiting to take your money not so honest way. I don’t think you will get legal help that much if that happened.

I write an essay here. Short version is try to live here for sometime and then decide. Otherwise people will ask you to sell umbrella.

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Chang ******

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Chang ******

@Roushonul *******

best answer for today

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Peter *****************

@Roushonul *******

good one dude

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Peter *****************

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Bobby *********

Have a look here

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Pat ******

What kind of business?

Umbrellas ☂️ are quite popular there .. can start to sell them …

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Charles *********

There's a umbrella factory in Chiang mai

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Shahid ***********

ORIGINAL POSTER

First I need to know the process of establishing a business. After that choose which area to do business. What item would it be good to trade?

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Pat ******

@Mohammed ******************

Need to know first what business you plan to make and then start to research all info about it … would be easier..

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Lee **********

@Mohammed ******************

set up/Google 'limited partnership company Thailand'.

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Lee **********

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Rahul ************

Open a Bangladeshi restaurant brother. Get Thais as partners.

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Shahid ***********

ORIGINAL POSTER

@Rahul ***********

you stay here

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Rahul ************

@Mohammed ******************

Yes, I have been here for 13 years.

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Shahid ***********

ORIGINAL POSTER

@Rahul ***********

Your whatsapp number can be given in my messenger.

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Shahid ***********

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