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Thailand takes lead as the world’s best country to start a business


rooster59

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Thailand takes lead as the world’s best country to start a business

 

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Thailand was voted the Number One ranking of the list of Best Countries to Start a Business for the second year in a row out of a total of 80 countries surveyed by the US News and World Report.

 

Commerce Minister Sontirat Sontijirawong said Friday (Jan 26) that the US media company also placed Thailand on the 8th ranking of a list of 25 Best Countries to Invest In.

 

He attributed Thailand’s improved ranking in the two categories to the Commerce Ministry’s cutback on the redtapes for the registration of new business in Thailand and the expenses for registration for business operators.

 

Full story: http://englishnews.thaipbs.or.th/thailand-takes-lead-worlds-best-country-start-business/

 

 
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-- © Copyright Thai PBS 2018-01-27
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Yep perfect place to start a business....first off..hand over 49% of it to a Thai person who you have never met and never will....get ripped badly by so called Thai Lawyers in the initial setup costs....then  forced to employ a proportion of Thai staff...who sit on their <deleted> playing on their phones....or simply dont turn up for work 2 or 3 days out of 7........then just when you have the "perfect" business setup along comes the coppers every month with their greedy hands out...

 

Fake news...or utter bullshit....both...!!

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46 minutes ago, rooster59 said:

Thailand takes lead as the world’s best country to start a business

:cheesy::cheesy::cheesy:

 

I assume that report only considers investors from the U.S., who are protected by an antiquated "friendship law" dating back to the Vietnam war and which allows U.S. citizens to actually own 100% of their business. 

 

As for the rest of us: Yes, it's perhaps easy to start a business with a sackful of money to invest - and lose once your 51% Thai partner smells the profits and saws you off like a dead tree branch; or because your greasy Thai lawyer failed to inform you that as a non-U.S. foreigner you were actually not legally permitted to engage in that sort of business in the first place.

 

I assume that report only considers investors from the U.S. 

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As you say Americans can own 100% of their business because of an antiquated law ( and the billions of dollars pumped into this countries infrastructure during the Vietnam conflict) but just go ahead and try and do that, unless you're coming in as a major economic force no one recognizes that law. 

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22 minutes ago, Misterwhisper said:

:cheesy::cheesy::cheesy:

 

I assume that report only considers investors from the U.S., who are protected by an antiquated "friendship law" dating back to the Vietnam war and which allows U.S. citizens to actually own 100% of their business. 

 

As for the rest of us: Yes, it's perhaps easy to start a business with a sackful of money to invest - and lose once your 51% Thai partner smells the profits and saws you off like a dead tree branch; or because your greasy Thai lawyer failed to inform you that as a non-U.S. foreigner you were actually not legally permitted to engage in that sort of business in the first place.

 

I assume that report only considers investors from the U.S. 

 

 

 

 

ECHO ?

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Sure great place to start a business. People in our village start businesses all the time. Often all they got is a wok and a gas burner and a few plastic chairs. Of course they are doing something else in a couple of weeks, but they found it very easy to start a business

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