5 Viable Import & Export Businesses To Start In 2017

As the world is becoming technologically advanced, global trade has become rewarding in terms of revenue and satisfaction. In case you too are thinking about starting a business of import and export, then here are a few business options to consider in 2017:

1. Garments

The scope of expansion in this business is tremendous, especially in Thailand. This is one of the oldest and the largest export industries. Regardless of the economy, the demands of clothing and fashion apparels are high. This is one of the most profitable business in Thailand and is growing continuously. As people have become more style conscious, the demands for garments is high. You can import clothes of latest design and trends from other countries and sell it in Thailand. You can source your materials from countries such as China, India, Hong Kong, Dubai etc. 

2. Smart Phones and Electronic Goods

Smart phones and electronic goods have a great market in Thailand. This country is tech savvy and the market of electronic goods is profitable in Thailand. The smartphone markets are too evolving fast in Thailand. You can export high-ends smartphones from China at a rate much cheaper than other countries. Apart from that, electronic goods such as laptops, LED TVs sell like hot cakes in Thailand. You can purchase many of these items in wholesale and then resell these products in Thailand.

3. Shipping Business

As international trade is expanding, the demand for shipping services is also rising. These are convenient, speedy and are reliable. Thanks to the expansion of online shopping, shipping services are growing by leaps and bounds. However, before you jump into this business, it is essential to do a thorough market study. The shipping service is highly competitive. Apart from that, you also must have a thorough knowledge of the import and export norms. In case you are in Thailand, it is essential to note the items that you can export and import. You must have a thorough knowledge of the legislation involved in operating the vessels in the ports of your country and foreign countries. Once you get an idea of these things, shipping business can be lucrative for you.

4. Importing Used Cars

This is yet another highly profitable business. With the improvement of the transportation system and the improving economic conditions, cars have now turned into a utility. People always need to buy new vehicles replacing the old ones. You can leverage this opportunity by turning this scope into a business. Irrespective of the country you reside in, you can always import and sell used cars. You can target developed countries such as the USA and the UK to import used cars and then selling them in your home country. In case you reside in the first world countries, you can even export these cars to developing nations.

5. Exporting Timber

The construction and furniture industry has a huge demand for raw materials and timber is one of them. Timber is a widely used raw material worldwide. However, you need to find the right market and then connect with the nations that produce timber.

We hope this list will give you ample ideas to start your export and import business. In case you are starting your business in Thailand, you will need an import license. If you are trying to get an import license in Thailand, call us at +66 26260277 and we will help you with the legal processes involved.

10 Important Facts On Multiple Entry Visa of Thailand

The Thai government issues multiple entry visa to foreigners who want to stay in Thailand for a longer period. Under the new regulation of the Visa Exemption Rule, the multiple entry visa holders can now stay in Thailand for a year. Recently, the Thai government changed the visa policy to allow ease of movement to foreigners. Here are a few quick facts about the multiple entry Thailand visa:

1. The Thai Embassy issues multiple entry visa to foreigners who want to visit Thailand for purposes including tourism (can be single or multiple entry), business, education, and retirement or marriage. 

2. The multiple entry visa is valid for 1 year. You are allowed to stay in Thailand for 90 days per entry. This means,after 90 days you have to visit the immigration office in the border and get your visa stamped. 

3. You can apply for this visa in the country of which you are a citizen or hold a legal residency. For instance, if you are a US citizen, you can apply only in US. 

4. You will need a passport with minimum 6 month validity from the date of your travel to Thailand. 

5. Along with your passport, you need to furnish a confirmation letter stating the purpose of your visit. 

6. You have to fill a visa application form. You can either take a print out of the form and submit it or fill it in the embassy itself. 

7. The multiple entry visa fees are different for each country. For instance, if you are an American citizen, you have to pay $200 as visa fee. In case you are a resident of Australia, you have to pay 225 AUD as fee. 

8. While applying, you have to furnish original bank statement showing a minimum balance as mentioned by the embassy. This amount too differs from country to country. 

9. In case you are visiting Thailand for business/employment purpose, get a letter from your employer addressed to the Royal Thai Embassy. In case you are self-employed, submit your company registration documents.

10. Along with all these things, produce the photocopy of confirmed air tickets to Thailand and photocopy of the hotel reservation in Thailand.

These steps will help you understand the intricacies of the multiple entry visa for Thailand. In case you are planning to apply for this visa, get in touch with us. We can help you with the processes and ensure a hassle free experience. Call us at +66 26260277.

5 Simple Ways to Manage Time For Entrepreneurs

“Time is really the only capital that any human being has, and the only thing he can’t afford  to lose.”- Thomas A. Edison

Time is the most valuable asset for entrepreneurs. It is like a resource and thus, cannot be wasted. It is important for entrepreneurs to not waste their time and manage it efficiently as this helps them to accomplish their goals and focus on their future. 

Here are 5 ways for entrepreneurs to effectively manage their time:

1. Maintain a Schedule

Always carry a schedule. Make a plan for your entire day. Note down all your activities, appointments throughout the day. This will help you get a clear picture of how much work you can accomplish during an entire day. Also, it will ensure that your time is not wasted. By noting down things, you can measure the productivity for your entire day.

2. Prioritize your work

Make a to-do list and mark out the most important tasks for your day. Point out the items that need immediate attention or which has an immediate deadline. Prioritizing your tasks will help you in effectively dividing the time you spend in each task.

3. Use Technology

Technology can help you manage time effectively. Use mobile apps such as Evernote, Google Doc and Keynote to manage your tasks. Using these apps ensure that you do not have to waste your times sending e-mails or scan documents. You can simply share it with your team members. This will help boost your productivity and save time.

4. Delegate Tasks

You cannot do everything alone. That is why it is important to delegate necessary tasks to your team members. Distributing the tasks ensure that everything is accomplished within the stipulated time without feeling over burdened.

5. Take out time for Brainstorming

Take out time for planning. This is the time when you brainstorm ideas, plan your day and create a blueprint for the future of your company. The more time you spend in planning your activities, the more you will be able to minimize the wastage of time.

If you are an entrepreneur, then these time-management tips will help you in boosting your productivity throughout the day. In case you are interested in doing business in Thailand, and looking for Thailand business registration agents, then get in touch with us. Our legal experts can guide you through each and every step involved in registering your company and ensure a hassle free transition. Call us today at +66 26260277

10 Must Know Facts On Thailand Multiple Entry Visa

The Thai government issues multiple entry visa to foreigners who want to stay in Thailand for a longer period. Under the new regulation of the Visa Exemption Rule, the multiple entry visa holders can now stay in Thailand for a year. Recently, the Thai government changed the visa policy to allow ease of movement to foreigners.

Here are a few quick facts about the multiple entry Thailand visa:

1. The Thai Embassy issues multiple entry visa to foreigners who want to visit Thailand for purposes including tourism (can be single or multiple entry), business, education, and retirement or marriage.
2. The multiple entry visa is valid for 1 year. You are allowed to stay in Thailand for 90 days per entry. This means,after 90 days you have to visit the immigration office in the border and get your visa stamped.
3. You can apply for this visa in the country of which you are a citizen or hold a legal residency. For instance, if you are a US citizen, you can apply only in US.
4. You will need a passport with minimum 6 month validity from the date of your travel to Thailand.
5. Along with your passport, you need to furnish a confirmation letter stating the purpose of your visit.
6. You have to fill a visa application form. You can either take a print out of the form and submit it or fill it in the embassy itself.
7. The multiple entry visa fees are different for each country. For instance, if you are an American citizen, you have to pay $200 as visa fee. In case you are a resident of Australia, you have to pay 225 AUD as fee.
8. While applying, you have to furnish original bank statement showing a minimum balance as mentioned by the embassy. This amount too differs from country to country.
9. In case you are visiting Thailand for business/employment purpose, get a letter from your employer addressed to the Royal Thai Embassy. In case you are self-employed, submit your company registration documents.
10. Along with all these things, produce the photocopy of confirmed air tickets to Thailand and photocopy of the hotel reservation in Thailand.

These steps will help you understand the intricacies of the multiple entry visa for Thailand. In case you are planning to apply for this visa, get in touch with us. We can help you with the processes and ensure a hassle free experience. Call us at +66 26260277.

Here Are 5 Tips for Expats Living in Thailand

It is a fascinating experience to live and work in Thailand or in any foreign country. You get to know the local culture, meet new people and see new places. However, there are challenges as well. If you do not prepare for your stay abroad, the life might get confusing and tough. It can end you up being disoriented. Being an expat does not only means a change in location and set of people, rather, it is much more emotional.

If you want to be one of the expats living in Thailand or any other country, there are few things to consider before taking any decision. Over here, we have discussed 5 essential tips for expats living in Thailand:

1. Learn the Local Language

If you do not know the local language, surviving in Thailand will be impossible. You will be living in a country where you barely know a soul. From ordering food to carry on daily communication, you must know the language. Knowing the language will open up a whole new world in front of you. So get yourself acquainted with the language.


2. Find a Good Neighborhood

Finding a good location that fits your budget is very important. If you are planning to living off in moderate budget, look for housing in outskirts of Bangkok. There are certain areas such as Sukhumvit, Victoria Monument, Rangnam and Saphan Kwai. These areas offer the best connectivity and you can always find decent housing if you move into the interiors of these places. This will help you to save money.

3. Connect with the Locals

This will help you gain acceptance in the community. They can be your local guide to the city and you can always turn to them in case of any emergency.

4. Understand Thai Culture

Do you know that the Thai national anthem is sang twice a day allover the country? Do you know that you need to stop whatever work you are doing and stand like a statue? Do you know how Thai people greet each other? If no, then make sure you learn it before moving in to Thailand. These are small but important details about the Thai culture that will help you to survive there.

5. Owning Property in Thailand

The rules for owning a property in Thailand is complex. Make sure you have an idea of these aspects before moving in to Thailand.

Hope these information helps you to prepare yourself before you move to Thailand. For more information on expats living in Thailand, visit our website.

Best Productivity Management Tools for Entrepreneurs

Productivity is the key to any business. When you are running a business, you cannot compromise with productivity. From attending meetings to sending business e-mails, each day you will be handling numerous tasks. So, it is important for you to stay organized and utilize your time in the best possible way to increase your productivity.

Are you facing any issues in managing your productivity? There are thousands of tools and softwares to help you stay organized. Going through all of them and selecting one will again take up lot of time. So, here we have prepared a list of best productivity tools to help you save your time and energy:

1. Thrive Day Planner

As an entrepreneur, you are always thinking about how to effectively utilize every second of the day. Here where Thrive Day Planner comes into play. This tool helps you to map your business strategy, set goals for growth and organize your business operations. This software might feel like the traditional day planner but you can access it from anywhere- your computer, phone or tablet.

2. Asana

You are constantly juggling between various tasks that often overwhelms you. Do not worry, Asana is here to organize and structure your tasks. You can divide big projects in this software and create tasks and subtasks for each project. Asana also lets you to assign tasks to your team members. There is still more! It gives you the flexibility to create department-wise tasks and assign work to your team members.

Image Credit: http://core0.staticworld.net/

3. Elan and oDesk

Do you need a website developer immediately? Do not have the time to hire an employee? Try Elan and oDesk. These are freelance marketplaces that identifies freelancers from all over the globe and hires them for you. There are over a million freelancers available via these tools. So, stop worrying.

Image Credit: http://smallbiztrends.com/

4. Hootsuite

Online presence is important for your business to thrive. So, if you are handling several social media accounts and it is becoming difficult for you to keep a track, try Hootsuite. This tool keeps a track of all your social media account. You will find all your accounts in one dashboard. This helps you to make postings easily and stay connected with your clients.

Image Credit: http://lighthouse8.com/

Managing time is the only way to stay productive and these tools are definitely going to help you manage your time and tasks appropriately. If you are searching for business tools for improving productivity in Thailand, visit our website.

Top Five Tech Start-Ups From Thailand

Thailand's entrepreneurial landscape has grown recently. The reason being the rapid introduction of over 2,500 companies. Over here, we are going to discuss the top 5 Thai tech start-ups that made an impact.

 
1. ACommerce

ACommerce is a full-service e-commerce solution provider that was founded in June 2013. The mission of ACommerce is to break the logistics bottleneck of Southeast Asia. The objective of the company is to provide an end-to-end solution to the e-commerce clients that would bring the brands and the retailers in one space. Recently, ACommerce has signed a strategic partnership with DKSH, a Swiss-based market expansion service provider.


2. ClaimDi

This amazing mobile application was developed by Kittinan Anuphan. Any car owner who downloads this app will be able to claim his/her insurance within 15 minutes of the accident scene. The app is well-connected with around 15 insurance companies. One of the striking features of the app is the “shake and go”. With this feature, two parties concerned in the car accident can simultaneously claim for the insurance. The future plan is to provide service nationwide and in overseas market of Malaysia and South Korea.


3. Skootar

If you want to find a cheaper and more reliable messenger services in Thailand, download the Skootar app. This app was created by Suwatt Pathompakawan. The services of the app include delivering and picking up documents, cheques, invoices, food, postal documents and other sorts of billing payment. It easily matches a customer with the messenger in no less than 15 seconds. Each service of the app costs around 200 baht that you will be charged at the end of the month.

4.ZmyHome

This amazing portal is exclusively created for homeowners who want to list their property for sale or rent. The portal does not involve any agent. The portal offers services that include home valuation, market monitoring, mortgage centre, escrow account, etc. The main objective of this portal is to eliminate high commission and liquidity of the real estate market in Thailand.


5. Maker Zoo

This start-up offers 3D printing services to inspire people to create their own products. The user will have access to produce various designs. The focus of Maker Zoo is on providing knowledge, tools and skills for the development of products.

These amazing start-ups have brought a technology transformation in Thailand.

4 Tips To Help You For First Time Travel To Thailand

Thailand can be a welcoming country with plenty of surprises. It is a modern country in many ways having a foot in the past. If you are traveling to Thailand, make sure you have an easygoing but respectful attitude towards the Thai way of life and their culture. You should be open minded and tolerant of Thais without being too cynical. Approaching a law firm in Thailand may be a good idea if you want to know more about the laws of this ancient land.

Moreover, the Thais are a welcoming brood. They easily smile and forgive. If you would like a fair treatment as a tourist in Thailand, then you should follow a few rules. Here are a few tips to get going in Thailand:

1. Never get into an altercation with the locals over money. Thais do not take anger well and displays of anger or aggression can cost you fines and lead to legal problems. If you maintain a cool temperament, you are much likely to get the results. Thais like persuasive and cool minded people. It pays to be clam in Thailand.
2. No matter what, Thai believe that the head is the most sacred part of the human body and touching it may be sacrilegious. Do not ever touch a senior person on the forehead ever. This may be considered a sin.
3. Pointing to show a certain thing or even putting your feet on top of a chair of a table is considered impure. The feet are the dirtiest part of the entire body and should be kept away from monks and strangers. You should also not throw away Buddha statues or even stamp on photographs of the Thai monarch.
4. If you are a woman, try and not touch a monk if you meet them. Do not shake hands and even sit next to them on the train. This marks a show of respect to monks who are Godly souls on Earth.