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Thailand, which covers a land area of 513, 115sqkm (about the same size as France), receives more than 12 million tourists a year, including business travelers and visitors to MICE (meetings, incentives, conventions, exhibitions) events. Foreign investment continues to increase, and in 2006 Thailand’s GDP grew by nearly six percent. Time difference is GMT + 7 hours. Head of State is His Majesty King Bhuimibol Adulyadej (Rama 9) and Prime Minister is Abhisit Vejjajiva. GENERAL INFORMATION CURRENCY – Thai Baht, with an approximate exchange rate of Bt32 to the US$1 (Feb 2010) comes in denominations of 1,000 (grey); 500 (purple); 100 (red); 50 (blue); 20 (green); 10 (brown). Coins are minted in values of Bt10, 5, I, 50 satang, and 25 satang. TELEPHONES – International Direct Dialing (IDD) is available in most areas. MEDIA – There are currently two major English language broadsheets in Thailand, The Bangkok Post and The Nation. Several radio stations broadcast in English. National TV Channels 3, 5, 7, 9, and 11, plus independent cable operators with English programming. POSTAL SERVICES – The Head Post Office (on Charoen Krung Road, near the Oriental and Royal Orchid Sheraton hotels) is open from 8 a.m. to 4:30 p.m. Monday to Friday, and from 8 a.m. to midnight on Saturdays. GOVERNMENT OFFICES – Open from 8 a.m.-noon and again from 1- 4:30 p.m., Monday to Friday. DEPARTMENT STORES – Are found in all urban areas, and are open seven days a week from 10 a.m. to 9 p.m. USEFUL TELEPHONE NUMBERS BUSINESS/INVESTOR INFORMATION CREDIT CARDS – All recognized major credit cards are generally accepted in outlets and hotels all over the country. Board of Investment Dept. of Export Promotion Industrial Estates Authority Stock Exchange of Thailand (SET) TAXATION Corporate Income Tax Value Added Tax (VAT) VISA REQUIREMENTS
Work Permit A foreign citizen is legally able to work in Thailand if he or she has a proper passport visa, a valid work permit, and the individual performs no work which violates the Alien Employment Act BE 2521 (AD 1978). Established governmental procedures exist which allow a non-Thai national or alien to obtain all of the requisite approvals for legally performing work in Thailand. Before applying the person must hold a non-immigrant B class visa. The department considers six factors, which it believes constitute an economic benefit to the country. These areas are the promotion of foreign currency importation, exportation of goods, skilled personnel, employment of local labor, new technology, and tourism. This list is not conclusive, and an applicant can attempt to demonstrate that his or her employment will benefit the kingdom in other ways. |
private and public limited companies 
registered ordinary and limited partnerships 
joint ventures 
foundations and associations. 
Transit visa – single entry Bt800 – 30 days
Tourist visa – single entry Bt1,000 – 30-60 days
Non-Immigrant visa – single entry Bt 2,000 – 90 days 
Non-Immigrant visa – multiple entry for use with in one year Bt5,000
Diplomatic visa and Official visa – 90 days
Courtesy visa - 90 days
Visa on Arrival – 15 days
Visa Exemption
Application for visa extension Bt1,900
Application for a single Re-entry Permit Bt 1,000
Application for a multiple Re-entry Permit Bt3,800
Application for a Residence Permit Bt7,600
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ABN-Amro Bank NV American Express Bank Ltd Australia & New Zealand Banking Group Ltd. Bangkok Bank Public Co., Ltd. Bangkok Metropolitan Bank Public Co.,Ltd. Bank for Agriculture and Agricultural Coperatives (BAAC) Bank of America, N.A Bank of Ayudhya Public Co.,Ltd. Bank of China,The Bank of New York,The Bank of Nova Scotia,The Bank of Thailand Bank of Tokyo-Mitsubishi. Ltd,The BNP Paribas Calyon Cathay United Bank Chinatrust Commercial Bank CIMB Thai Citibank, N.A. Commerze Bank AG. Credit Suisse First Boston |
Deutsche Bank AG Dresdner Bank AG Export-Import Bank of Thailand (EXIM) First Commercial Bank Government Housing Bank (GHB) Government Saving Bank (GSB),The Hongkong and Shanghai Banking Corp.,Ltd.,The Indian Overseas Bank International Commercial Bank of China,The Istituto Bancario San Paolo Di Terino S.P.A JP Morgan Chase Bank Krung Thai Bank Public Co.,Ltd. Krung Thai Card Public Co.,Ltd Krung Thai Thanakit Finance Public Co.,Ltd Merrill Lynch International Bank Mizuho Corporate Bank, Ltd Natexis Banue-B F C E National Australia Bank Ltd. National Bank of Kuwait S.A.K Oversea Chinese Banking Corp.,Ltd |
Overseas Union Bank,Ltd RHB Bank Berhad Regent Gold Property Fund Resona Bank,Ltd Robobank Nederland Siam City Bank Public Co.,Ltd Siam Commercial Bank Public Co.,Ltd,The Societe Generale Standard Chartered Bank (Thai) pcl Sumitomo Mitsui Banking Corporation (SMBC),The Sumitomo Trust & Banking Co.,Ltd Thai Farmer Bank Public Co.,Ltd. Thai Military Bank Public Co., Ltd,The UFJ Bank Ltd. (BIBF) United Overseas Bank United Overseas Bank. Ltd UOB Radhanasin Bank Public Co., Ltd Wachovia Bank Westdeutsche Landesbank Girozentrale World Bank,The |
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