A short guide on franchising as a business model, including the advantages for the franchisee. For more information about how to open a franchise or open a company in Thailand, please contact us at: https://www.thaicompanyformation.com.
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Start a Franchise Business in Thailand
1. Start a Franchise Business in Thailand
A presentation brought to you by
ThaiCompanyFormation.com
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2. The Franchise Business Model
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• The franchise business model is one that is
advantageous both for the party selling the
business license and for the party buying it.
• Compared to starting a new company, this
option offers a higher degree of security for
the business owner as he will rely on an
already tested business model.
3. The Franchisor and the Franchisee
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• When opening a franchise in Thailand, the
franchisee (the one acquiring the business
license) is not doing business by himself but
rather he has the support of an already tested
business model and, depending on the
franchisor, he will also have access to training
and support.
• The franchisor is able to expand on a different
market and perpetuate its business model.
4. Franchise Opportunities
in Thailand
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• Thailand is a country that offers a number of
business opportunities for those who wish
to start a franchise. Popular choices include:
fast food restaurants;
fashion or cosmetic stores;
cafes;
beauty spas;
cleaning agencies;
real estate agencies;
educational services and many others.
5. Buying Into a Franchise
in Thailand
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• The relationship between the franchisor and
the franchisee is outlined in a special
franchising agreement.
• This contract will include the terms for
company formation, the benefits for the
franchisee and his liabilities and
responsibilities towards the franchisor,
including paying any needed fees that derive
from the profits of the Thai business.
6. Company Formation in Thailand >>
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• The franchisee will be the one
responsible for handling the company
registration in Thailand.
• This means choosing a business form and
handling all of the requirements for
preparing and submitting the company’s
constitutive documents.
7. >> Company Formation
in Thailand
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• The Foreign Business Act is the legislative
document governing the manner in which
foreign investors are allowed to open and own
a company in the country.
• Our Thai company formation agents can
answer all of your questions regarding these
permissions.
8. Franchise Taxation in Thailand
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• Franchises in Thailand will be taxed on the
profits they derive from the country.
• The corporate income tax, as well as other
taxes like the value added tax, real estate tax
and local development taxation will apply.
9. Special Considerations
for Franchises
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• Special permits and licenses may be
needed, according to the business sector in
which investors open the franchise.
• Investments in the Special Economic
Zones can also be advantageous. We
recommend that investors explore these
options.
10. Assistance for Franchise
Incorporation in Thailand
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• Our team of Thai company formation agents
can help you open a franchise or set up any
other type of company in the country.
• Contact us for more information on how to
start a business, the special requirements for
selected business sectors and the conditions
for foreign investments.
11. Thank You
for Your Attention!
For more information please contact us at:
office@attorneysinthailand.com
https://www.thaicompanyformation.com
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