Open a Diving School in Thailand
Updated on Saturday 03rd June 2017
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More than 349 dive sites, warm water all year round, some of the best marine life in the world and beautiful coral reefs are the main incentives for those looking to open a diving school in Thailand. Tourism is one of the most attractive sectors for business investment, offering one of the best diving opportunities in the world. Company formation in Thailand is a rather simple process, due to a great taxation system provided by the local authorities. Our Thai company incorporation specialists can help foreign investors open a diving school in any location of the country.
How to open a diving school in Thailand?
Certain aspects must be taken into consideration before starting a diving school in Thailand. Here is a checklist for this type of business:
• Choose a location for your diving school – Koh Chang, Khao Lak, Bangkok or Koh Samui are all available options to choose from;
• Look for a property to rent or purchase – commonly, foreign citizens are not allowed to buy land in Thailand. You can overcome this aspect by opening a company in Thailand and owing the land on its behalf. You can rely on Thai company formation professionals to direct you to a reputed real estate agent in the country. Most diving schools in Thailand offer diving lessons in both pools or open waters, so make sure to look for a property which provides a pool;
• Contact the PADI (Professional Association of Diving Instructors) – you will need to hire professional diving instructors in order to start the business in Thailand. If they are not Thai citizens, they will need a work permit in order to be legally employed. Note that PADI provides fully certified and licensed diving instructors.
Professional assistance in setting up a diving school in Thailand can be offered to you by our local team of company incorporation experts.
Necessary steps for opening a diving school in Thailand
These are the steps to be taken in order to start a diving school in Thailand:
• Choose and reserve a company name online with the Department of Business Development;
• Decide on the type of company you want to establish – partnerships, limited companies or joint ventures are available options;
• Set up a bank account in Thailand and deposit the paid-in capital of the company;
• Register your company with the Partnerships and Companies Registration office and obtain the Tax Identification Number (TIN). This is a rather complex process and is advisable to rely on the help of a Thai company formation firm;
• Register for Value Added Tax – this is compulsory for all Thai companies.
Get in touch with our Thai company formation advisers if you need guidance in setting your company in the diving industry of the country.