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Thailand

Thailand

At a glance

  • Capital

    Bangkok

  • Currency

    Thai Baht (฿, THB)

  • Official Languages

    Thai (official and national language)

  • Population Size

    69,648,117 (2022)

  • Ease of doing business

    Moderate

  • VAT

    0.07

About

Thailand, one of Southeast Asia’s largest economies, has experienced alternating periods of military and democratic rule since 1947. Despite its political shifts, Thailand continues to attract global business interest due to its strategic location, developing infrastructure, and vibrant labor market. With strong regional trade connections to Vietnam, Laos, and Cambodia, it also serves as a vital hub for cross-border business and travel.

In addition to its status as a top tourist destination, Thailand is becoming increasingly attractive for companies pursuing global expansion. Mauve Group operates through its own local entity and provides a full suite of in-country services, including Employer of Record in Thailand, payroll outsourcing, and global HR support. As one of the leading payroll outsourcing companies, we simplify workforce management while ensuring full compliance with Thai employment and tax regulations.