Firstly, as compared to the high quality of life, Thailand offers a very minimal cost of living. This makes it easier to establish a start-up. The country also has five Venture Capital funds which are located in Bangkok, while businesses in Thailand are constantly getting investments from foreign firms. In 2014, a global fund of more than US $30 million was acquired for start-ups. Due to this funding, technical and digital start-ups are in an advantageous position and can receive the fund they need. Cloud 7 Legal Services can support you to meet highly potential investors and prepare all the legal agreements that you need.
Thailand delivers tax-free incentives from the Board Of Incentives (BOI) of the country. BOI was founded to enable the country to become one of the top investment locations in the whole of Asia. Also, because of the large population and diversified culture, Thailand became one of the revolutionary places for launching a start-up. Almost the majority of Thailand’s population uses technological devices for their daily, which is why tech start-ups are a profitable business. This situation makes Thailand a digital paradise for creative entrepreneurs.
Since the inception of True Digital Park, Bangkok's business platform has been attracting many business developments. This digital tech park beholds convenient working spaces, office areas, data centers, conference rooms, lawn as well as other extravagant facilities like broadband and a 4G network. There is a plethora of upgraded digital and technological infrastructure which are quality benefits for start-ups as well as entrepreneurs. As an official partner, Cloud 7 Legal services has its location within the True Digital Park to assure legal and accounting guidance that each start-up will require.