Business Development Department The number of business registrations opened in February 2023 with a total of 8,537, an increase of 18%, the highest in 10 years, in response to the economic recovery and busy tourism.
Mr revealed Thosapon Thangsubutr, Director General of the Business Development Department, that the registration of a new business organization in February 2023 There were 8,537 entrepreneurs applying to register a business across the country in February 2023, an increase of 18% since the same period last year. With a registered capital of 19,139.78 million baht, it is the highest registration for the establishment of a new business in the past 10 years in February (February 2014-23) as in January. Causing new statistics to be established in the first two months of 2023, an increase of 11.99% from the same period last year
With a registered capital of 19,139.78 million baht, the top 3 types of newly established businesses are general construction business, 715 people, representing 8%, followed by real estate business, 619 people, representing 7%, and the third place is the restaurant / food shop business, 409 cases, which is 5% respectively
For start-ups divided by the capital range The capital stage with the highest number of start-ups nationwide is The capital range is not more than 1 million baht, there are 5,879 of cases, representing 68.87%, followed by the capital range of more than 1-5 million baht, 2,564 cases, representing 30.03%. The capital range of more than 5-100 million baht totaled 86 cases, representing 1.01%, and the capital range of more than 100 million baht, 8 cases, representing 0.09%, respectively .
In terms of the number of businesses that have ceased to operate For February 2023, there were 869 cases with a value of 2,939.46 million baht in the liquidation of the registered capital. The top 3 types of business liquidation were general construction business, number 89, accounting for 10%, followed by business real estate, number 45. accounting for 5% and other retail products In general stores, 25 people, representing 3% respectively
However, the business liquidation is divided according to the capital period. The capital range with the highest number of business operators closing nationwide was the capital range of no more than 1 million baht, 639 people, representing 73.53%, followed by the capital range of more than 1-5 million baht, 188 people, representing 21.64%, respectively There are 38 investors in the range of more than 5-100 million baht, representing 4.37%, and in the range of capital over 100 million baht, there 4 people, representing 0.46%, respectively.
For all businesses currently operating (as of February 28, 2023), there are 857,964 businesses operating nationwide with a capital value of 21.09 trillion baht, divided into limited partnerships/jurisprudence partnerships, 201,123 people, which is 23.44%, limited companies 655,457 people representing. 76.40% and 1,384 public limited companies representing 0.16% respectively
where the business operates is divided according to the capital range The majority of businesses have a capital range of no more than 1 million baht, 503,689 people, representing 58.71%, a total capital value of 0.44 trillion baht , representing 2.10%, followed by a capital range of more than 1-5 million baht, 260,335 people , representing 30.34% of the total capital value 0.89 trillion baht, representing 4.21%, the next range is capital over 5-100 million baht, 76,479 people, representing 8.91%, total capital value 2.10 trillion baht, representing 9.96% and capital over 100 million baht, 17,461 people to 2.04%, total capital value 17.66 trillion baht, representing 83.73% respectively
When investing in business in Thailand under the Foreign Law, in February 2023, a total of 61 foreigners were allowed to do business, divided into 15 business licenses and 46 business certificates. Total investment was 21,627 million baht , a 322% increase compared to the previous month (January 2023) and a 274% increase compared to the same period last year (February 2022). The nationality that invests the most in Thailand is Singaporean. where foreign investors come to invest It is a business that is in line with the government’s investment promotion policy. and support business related to new target industries (New S-Curve), especially businesses related to the country’s infrastructure
