The First Steps


“A journey of 10,000 miles begins with a single step,” as the old Chinese proverb says. Thailand offers tremendous opportunities for foreign investors. Yet its unique legal and business environment can be confusing and difficult for foreigners to understand and operate in, unless they have the guidance of someone with an in-depth understanding of its idiosyncrasies, as well as the country’s broader social and cultural context.

Moreover, Thailand has a number of laws and regulations that specifically restrict the involvement of foreigners in various categories of business and investment activities. It is therefore important for you to obtain reliable support to ensure you do not put a foot wrong at the outset.

The members of ICR’s multidisciplinary team of expatriate and Thai professionals are experienced in working with public and private companies, investors and management teams during all the stages of the business cycle, from establishing a new business or acquiring an existing one, to mergers, management buy-ins and buy-outs, funding transactions and exits.

In particular, we can advise you on and structure the most suitable corporate vehicle for your commercial needs, taking into account any pertinent legal and regulatory provisions concerning issues of foreign ownership and control. Choosing the right corporate vehicle – whether it be a Thai limited company, a representative office, a Thai partnership, a regional operating headquarters, Treaty of Amity company, etc. – will be crucial to your success.

Our work will often involve dealing with Thai government departments and agencies. We are fully conversant with the distinctive way in which these operate, and this will enable us to anticipate potential pitfalls and hurdles that may be encountered.

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The members of ICR’s multidisciplinary
team of expatriate and Thai professionals
are experienced in working with public
and private companies, investors and
management teams.