Welcome to Thailand, where boundless opportunities await for your regional headquarters (International Business Center – IBC). In this vibrant landscape, we’re offering you a sneak peek into the perfect equation that makes Thailand the ultimate choice. With competitive business costs, a foreigner-friendly environment, and a robust talent pool, Thailand beckons you to discover the potential of establishing your regional base here. So, let’s dive into the details and see why Thailand shines as the destination of choice for forward-thinking businesses.
Thinking about setting up your regional headquarters (International Business Center – IBC)? Look no further than Thailand – a land of endless possibilities.
Thailand’s strategic advantages make it the ultimate choice. From competitive costs of doing business that ensure economical office spaces and personnel salaries, to its foreigner-friendly environment ranking sixth globally for living and working, Thailand offers an exceptional atmosphere. Rapid access to global markets is made possible by its well-connected flight routes. With flight times under 3.5 hours to ASEAN countries, and under 6 hours to major hubs like India, China, South Korea, and Japan, the world is at your doorstep.
Not just that, Thailand boasts a rich pool of high-skilled talent, with over 1.7 million students in higher education, including 550,000 in business administration and laws, 202,000 in engineering, manufacturing, and construction, and 70,000 in ICTs.
Surrounded by a robust manufacturing base, Thailand thrives with more than 73,000 companies in the manufacturing sector. Engage with over 5,200 foreign subsidiaries as part of its dynamic international business community.
Thailand’s government support is unwavering, offering reduced corporate income tax rates and a host of benefits like majority or 100% foreign ownership, land ownership permission, and streamlined visa and work permit facilitation, including the Long-Term Resident Visa (LTR Visa).
Getting started is a breeze with the HQ Biz Portal – an online haven that’s your one-stop shop for setting up regional headquarters (International Business Center – IBC) in Thailand. And don’t miss out on the opportunity to benefit from our complimentary consultation services.
Source:
- Cost of Doing Business in Thailand (Thailand Board of Investment, 2023)
- internations.org/expat-insider/2023,
- ghsindex.org
- info.mhesi.go.th
- diw.go.th
- the estimate is based on Orbis database