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Thailand law firm BSA Law and Government Helping Investors Arrive at Their Destination with New Center

Top Quote Foreign and national investment is an enormous part of the Thai economy. Thai law firms have traditionally helped businesses navigate the maze of investment regulations and approvals; BSA Law, a leading Thai corporate legal service, believes that the introduction of the One Start One Stop Investment Center will work collaboratively with a company's lawers to help investors achieve their goals. End Quote
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  • (1888PressRelease) December 28, 2009 - BSA Law, one of Thailand's leading corporate legal services, is applauding the introduction of the One Start One Stop Investment Center as an invaluable addition to the investor's administrative toolkit in Thailand.

    The One Start One Stop Investment Center (OSOS) opened for business on November 23rd 2009. The following investment-related agencies are some of those represented at OSOS:
    • Department of Business Development
    • Customs, Revenue and Excise Departments
    • Department of Labor Protection and Welfare
    • Office of the Board of Investment
    • Department of Industrial Works
    • Department of Lands
    • Food and Drug Administration

    In total, 21 Thai government departments are housed at the OSOS. The services provided at the OSOS will include registering a company, obtaining investment promotion privileges, arranging for the newly-broadened Environmental Impact Assessments to be completed, obtaining licenses for foreign business, and obtaining utilities to a new business site. While investors can complete some activities themselves, technicalities mean that Thai legal advice is recommended for each service.

    Apisakdi Kongkangwanchoke, a lawyer with the Thailand legal service, says that "We don't believe it will replace legal counsel for investors. Thai lawyers still provide a big-picture view and a legal perspective that individual government departments don't necessarily make obvious".

    "However, it will make the process much easier to fathom for investors, allow them to be more involved and more knowledgeable about the legalities of their project, and ultimately more independent", Mr Kongkangwanchoke continued.

    About BSA Law:
    For nearly 30 years, Bamrung Suvicha Apisakdi Law Associates (BSA Law) has focused on providing reliable legal advice and services to the Thai and foreign business community in Thailand. BSA Law seeks to provide international standards of legal services while retaining the customs of the Thai business culture.

    For more information please contact:

    Jim Byrne
    Business Advisor, BSA Law.
    Email: jim ( @ ) bsalaw dot co dot th
    Website:www.bsalaw.co.th

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