Opportunities for Foreign Investors in Thailand
Published: September 2022In this issue of ASEAN Briefing magazine, we provide an overview of the incorporation process in Thailand and highlight the most favorable entity types for foreign investors. We then explore how foreign businesses can benefit from Thailand’s fiscal and non-fiscal incentives before finally focusing on the investment opportunities available in key industries.
Thailand, with its population of around 66 million (of which 30 percent are between the ages of five and 24 years) is the second largest economy in ASEAN. Its strategic location in the center of ASEAN means it has access to the bloc’s 600 million consumers within a 3,000km radius, bringing vast opportunities for cross border trade and investments.
Thailand is one of three top export bases in ASEAN for motor vehicles, parts and accessories, agricultural products, and chemical products, among others. Yet, despite its strong manufacturing base, the country presents ample opportunities for foreign investors, particularly in sectors that engage in higher-value industries.
In this issue of ASEAN Briefing magazine, we provide an overview of the incorporation process in Thailand and highlight the most favorable entity types for foreign investors. We then explore how foreign businesses can benefit from Thailand’s fiscal and non-fiscal incentives before finally focusing on the investment opportunities available in key industries.
In this issue:
- Choosing the Right Business Setup
- Foreign Investment Incentives by Business Activity and Location
- Promising Sectors for Investment in Thailand