2020 Thailand Business Report

The Mahanakorn Partners Group (MPG) is delighted to share our 2020 Thailand Business Report, which illustrates business opportunities in Thailand and reviews key laws, rules and regulations. The guide provides a concise overview of business structures, BOI tax and non-tax incentives, investment privileges, and the latest tax compliance and employment regulations.

The Report also touches on some of the most compelling reasons for investment in Thailand, such as:

Thailand as a gateway to ASEAN and Southwest Pacific, strategically located in the heart of the Mekong region with close proximity to China and India.

Government policy is favorable to investment and free trade, with laws that protect the interest of minority investors and generous incentives (BOI, EEC, IPA) offered.

Second largest economy in Southeast Asia, participant in many bilateral FTAs in addition to the ASEAN Trade in Goods Agreement (ATIGA).

Ease of doing business in Thailand is well documented in the World Bank Group’s Doing Business 2020 ranking, due to the ease of company set up and clear legislation.

Companies in Thailand have access to a cost-effective, skilled, and diversified workforce.


Figure: Major destinations of Thailand’s 2018 exports in Asia (USD 262B)

Webinar: Doing Business & FDI Incentives in Thailand

Thailand BOI Company

The Eastern Special Development Zone Act

Organization of the 2019 edition of the ASEAN PPP Summit in Bangkok