Thailand
Business Expansion
made easy.

As Southeast Asia's second-largest economy, Thailand enjoys a strategic location and serves as a gateway into the heart of Asia. The country also offers convenient trade with Mainland China, India and the countries of the Association of Southeast Asian Nations (ASEAN), and easy access into the Greater Mekong sub-region, where newly emerging markets offer great business potential.

Thailand is highly engaged in international trade with exports accounting for about two-thirds of its GDP. Thailand’s main exports include electronics, agricultural commodities, automobiles/parts and processed foods. The industry and service sectors produce about 90% of GDP. The agricultural sector, comprised mostly of small-scale farms, contributes only 10% of GDP but employs about one-third of the labor force.

 Thailand has a mixed economic system in which there is a variety of private freedom, combined with centralised economic planning and government regulation. The government is actively accelerating its economy and welcoming foreign investment.

Reasons to do business in Thailand include:

• ASEAN founding member
• Central geographic location
• Growing economy
• World-class infrastructure
• Business-friendly policies

Thailand has unique business and cultural considerations that shape a company’s experience in the country. To make business expansion easier, here is a list of important aspects about doing business in one of Southeast Asia's most dynamic economies:

• Tax obligations
• Government support and incentives
• Visa policies
• Business registration guidelines
• Thai provident fund
• Employment considerations
• Business etiquette

Planning to set up or further expand in Thailand? Download our Thailand business expansion guide to learn more.