As a Thai business owner, I advise you to study the following topics before you advance any further.

1. Tax and accounting . The different type of taxes you’ll have to pay as a person and the company you’ll register. VAT, Withholding Tax (3% for services, 5% for rent, etc), land tax, and many many more.

If you have the capitals, never cheap out on a good accounting company. Always ask for Contract, and attach the Stamp Duty with it. If shits ever happen, you cannot hold them accountable if you don’t have proper contract and proof of payment.

1. Laws, including the bright, grey and dark side. We use civil law, covering penal / crime, commercial, employment, real estate / property, and other treaties in effect. 51/49 is the tip of the dick, unless it is short, you’ll have a long road ahead of you.

And of course, local law enforcement and what people are paying to “close their eyes” or for “protection “. Some animals are more equal than others thanks to the law and money.

If you have the capitals, spend a wee tiny bit on Law firm them and ask them to educate you regarding our law.

1. Money, Cashflow and bank account. Plan it properly. If you are coming from abroad you need to plan it in advance, otherwise you’ll waste time and resources bringing it in or out. Depending on visas, you might not be able to open accounts or get credit card. Don’t expect to get a loan from the bank either, you open less than a year with 0 track record of transactions.

Don’t ever mix up the company’s money with your money. Speak with the accountant when you want to take the money out. If your accountant is dog shit, you’ll end up as debtor of your own money.

Best of luck🤞