Posted 24/03/2019 in Category 1

Restaurant Business in Thailand

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Restaurant Business in Thailand

There are many people, who want to register a company in Thailand but did not know actual procedure of company registration in ThailandThis article will discuss about the registration procedure of a restaurants in Thailand.

The opening of restaurants in Thailand is difficult, as there are many restaurants across Thailand and it is very difficult to compete with Thai because Thailand has a foreign trade law that prohibits foreigners from doing most of their work. But that does not mean you cannot do it.

You will need to create a company with at least 3 shareholders, and one of the Thai people must be one of them who will hold at least 51% of the shares. If you are an American, you can be a majority owner of a company because of an agreement between Thailand and the United States.

When you open a restaurant, if you want a work permit for you or a foreign worker, you must have at least 2 million baht of registered and paid-up capital and employ 4 Thai employees for each work permit. These 2M coefficients of capital and 4 Thai work permits also apply to the United States and other nationalities.

You can start a Thai restaurant with a table and chairs and you may have a restaurant. There are very few restaurant settings. Firstly, there is no need for a commercial license. There is no need to meet the minimum requirements for kitchens, bathrooms or floors. Cleaning is also neglected as the inspectors tell you when you arrive. In Thailand, food poisoning and bowel problems are extremely high, especially for foreign tourists.

Owning a restaurant may look fascinating, and successful caterers can get a bit of fame and fortune. However, success in the restaurant is not easy and failure is not unusual. Before opening a restaurant, you must have a basic understanding of the various advantages and disadvantages. Take necessary steps before any damage occur. Restaurant business are really profitable in Thailand, if you know how to run it properly.


Read Also: How to register a company in Malaysia

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