Start Up in Thailand Guide

Doing Business in Thailand

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.

Joe Miller
the authorJoe Miller
Born in Europe, raised in Australia, I have been living in Thailand for over 20 years and witnessed the many changes the country has undergone since the Asian Financial Crisis. I have spent time in Phuket, Samui, Hua Hin, and Chiang Mai, but when all is said and done I gravitate back to Bangkok. It is here that I spent years teaching at universities and running a software development company. These days I live on the Internet with Bangkok as my base. I never stopped believing in the enormous potential of the kingdom of Thailand, which is why I joined the ThaiVest Team.