Market entry is an important step for any business. In order to select a proper market entry strategy you must consider a number of different scenarios and cover all your bases. There are a lot of options available for entering a new market. In order to find the best match for your business, it is extremely important to evaluate a wide variety of areas ranging from the legal landscape to the best company structure available to you.
Our market entry service can assist you in all the relevant areas, ensuring your company is in the best position possible for entering the Thai market.
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We determine the best structure for a successful implementation in the Thai market. Depending on your needs and the business activity the following structures are popular choices:
- A soft structure with a local agent/distributor with some dedicated local staff or through a representative office may be sufficient place to start.
- A complete structure with a 100% foreign-owned company, through a joint venture with a local partner and/or with a holding company in Singapore or Hong Kong.
- A joint venture with a local partner.
Our entry strategy service also includes the main tax implications your company will face, the methods of protection available to your investments (Intellectual Property, access to justice and arbitration, repatriation of funds, etc.), information on Thai business practices and follow-up questions with our experts to ensure that you get a clear and effective service.
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