Mekong Valley Foods Co. is now a juristic entity in Thailand, a company which makes food for export to countries in the region! With a registered capital of 6 million baht ($180,000), we can provide visa slots for up to three foreigners and are expected to have a minimum of 12 Thai employees. Right now we are researching the pros and cons of becoming a project which qualifies for pro-investment policies under Thailand’s Board of Investment. If we do qualify, we would be eligible for exemption from many taxes during our first eight years; but we would also need to meet ISO 9001 standards of manufacturing and administrative excellence, a time-consuming, bureaucratic process. Please pray that we would have the wisdom to make the right decision.
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