Do you have plans for buying a business in Thailand? The country offers several merits if you decide to purchase a business there.
1. Reasonable income tax for corporate
A major advantage is the government levies reasonable income taxes on businesses in Thailand ranging from 10 to 30 percent based on the profits.
2. Ease of business application procedures
Thailand has been ranked as the seventeenth easiest country globally pertaining to doing business. Thus, buying a business here is a smart decision starting from cheap application costs to simple bureaucratic procedures.
3. Convenient transport in the region
Thailand’s capital Bangkok is regarded as a transportation hub both nationally and in the entire Southeast Asian region.
4. Reasonable business costs
Such costs include the expenses for renting an office space that is much economical as compared to many other cities. Costs of water and industrial power are also reasonable for businesses in the country.
5. Bustling tourism industry
The country is a haven for numerous expatriates as well as tourists. Thailand is regarded as one of the most tourist-friendly countries globally.