You have probably fallen in love with the Royal Kingdom of Thailand and as you are experienced in the tourism industry, you naturally wish to set up a business to fund your life in Thailand. One thing is for sure; there are no shortages of tourists coming to the tropical paradise now that the pandemic restrictions have ended and if you have done your homework and crunched all the numbers, you are ready to set the business plan in motion.

Business Plan

Spend time putting a business plan together, as this will be your guidebook to success. You should know how you are going to reach potential clients and a solid marketing plan is an integral part of a good business plan. Any issues need to be resolved with further research and when the plan is complete, hand it to a business guru.

Registering The Business

Prior to being able to apply for a TAT tourism license in Thailand, you first need to register the business. The best option is a private limited company (PLC), which is a trading entity. This limits your liability and you can incorporate a partner(s), or make it a business 100% owned by you. Search online for an established law firm in Bangkok and they can guide you through the business registration process.

TAT License Application

Once this is complete, you can prepare what is required for the TAT license. The application process is extensive, the government wants to be sure that your business meets their standards before they will allow you to present Thailand to foreign tourists.

The license requirements include:

• Tourist & Guide insurance
• Domestic or inbound license application – depends on the business activities
• Security bond – from 50,000bt to 200,000bt must be deposited with the TAT

With an English-speaking lawyer, the process is smooth and the law firm can assist you in other ways. If, for example, you need bookkeeping or accounting, the law firm can put you in touch with local providers.

Partner With A Thai

This is recommended if you are planning to open offices in Thailand. The law firm might be able to connect you with Thai investors. If your partner is Thai, you could form a business partnership, with you holding 49% of the company shares.

The Importance Of Compliance

As you are a foreigner, it is paramount that your business is fully compliant with government guidelines, another good reason to forge an alliance with an English-speaking lawyer with experience in commerce. Even after the business registration and you have your TAT license, your business could be inspected at any given time, so you need to be sure that you comply with the complex set of rules and regulations.

Build An Excellent Reputation

If you make it your goal to facilitate a great holiday experience for your clients, this will create a good business reputation, which is the key to longevity in a very competitive industry. Be customer focused, and you should enjoy steady growth. As your business grows, so can your infrastructure.

If you’re still undecided about whether or not working in the travel business is suited for you. We’ve prepared a list of reasons why we believe you should pursue a career in this field.

Good source of earning

There are no limits to how much money you can make when you build an online travel agency. You will recoup every penny you invested in the start-up of your company. If someone plans a vacation and books it via your agency, you will likely receive a substantial commission. Selling flights, excursions, and other types of tickets, on the other hand, might help you earn a good amount of money for your services.

Highly flexible

Starting your travel agency will allow you to work whenever and however you want. You can operate part-time and continue doing what you’ve been doing, or you can take it up as a full-time job. Because your agency will be online and technology has advanced so much, you will be able to work from anywhere as long as you have an electronic device and a decent internet connection.

Increased travelling opportunity

You will have the opportunity to tour the world if you own a travel company. This is because, to advertise your agency, you must have sufficient knowledge and experience to offer to your clients. Remember to create a social media account in your agency’s name where you may post images of the places and activities you’ve visited to attract new customers.

Great benefits

It doesn’t mean that if you wish to begin a travel business, you’ll do so solely to enhance your income. In reality, becoming a travel agent will provide you with numerous benefits. As a travel agent, you will typically receive discounts on any travel activity because you are now a business member. You will also be able to obtain tickets at a reduced price for your private bookings. So take advantage of this opportunity to see the world on a small budget.

Ideal selling product

Who doesn’t enjoy going on vacation? Everyone loves it! Targeting a specific type of travel or a particular place is essential in this challenging sector. To sell to your clients, make a list of the most popular destinations. Specialize in all types of tours that are affordable to people from all walks of life. This will present clients with a choice of selections in one location, resulting in a nice profit for you.

Minimum qualification required

Being a part of a travel agency does not necessitate a lot of educational experience. All you need is the desire to travel and share your thoughts with your customers. You can enroll in training classes before launching your agency to learn the ins and outs of the industry and work accordingly.

At the end of the day, all that matters is to feel good when you are trying to make others happy by selling vacations. When you see your customers smiling, you will feel relieved and good.