Ease of doing business may not be Thailand’s most recognizable attribute in many observers’ perception. In effect, however, the kingdom performs respectably in research assessing how well a country is suited for efficient economic activity.
The World Bank Group attested Thailand in its 2017 report to be moving up the doing business ranks and placed it 26th out of 190 economies in the ease of doing business for small and medium enterprises around the world.
Applying the same methodology in 2016 Thailand scored the 48th place. Hence the World Bank report recognizes Thailand as one of the top 10 economies in the world that have improved most in the ease of doing business in the last year.
Learn how to do Business in Thailand. Understanding the Thai legal framework is indispensable, acquaintance with the Thai cultural context will undoubtedly smooth things over.