Thailand Included in Top Ten Countries in the World for Investment

Updated on Thursday 05th April 2018

According to a recent U.S. News ranking, Thailand occupied eighth place out of the twenty best jurisdictions in the world for doing business. The report seems to confirm that the country is indeed a preferred jurisdiction for business, as it was previously ranked in a similar top by the World Bank, the Ease of Doing Business, where it took the 26th place out of 46. Company formation in Thailand has been liberalized for foreign investors who now have different business opportunities in the country. 

Ease of doing business and company formation in Thailand

The report presented by U.S. News was more than welcomed by Thai officials who expressed their gratitude towards the fact that their country was included in top the countries in the world for easy investment. Officials highlighted the fact that this is a positive sign that their country has received a high degree of acceptance in the international community.

Thai officials believe that the latest ranking was possible because of the country’s successful cooperation between the Government and the private sector as well as the overall consumer satisfaction. Moreover, what increased Thailand’s attractiveness as an international destination with facile business policies were the policies that expressly encouraged foreign investors to the country.

The ranking was based on a number of factors, among which entrepreneurship, favorable tax environment, economic stability, skilled workforce, innovation, technological advancement, dynamism and the level of corruption. 

Best Countries is a ranking developed by U.S. News

The Best Countries to Invest In report was based on eight attributes out of the total 65 used in the global country ranking survey. Apart from Thailand, the top ten countries also included the Philippines, Indonesia, Poland, Malaysia, Singapore, Australia, Spain, and India.

The U.S. News report for the Best Countries Ranking 2018 was based on a survey of over 21,000 people at a global level about the various 65 attributes for 80 different countries. Apart from the attributes related to ease of doing business and entrepreneurship, others were related to cultural influence and quality of life.

Foreign investors who wish to know more about the conditions for foreign investments or how to open a company in Thailand can contact us for further details.

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