đź“Ť Headquartered in Thailand - Assisting International Clients Since 2015
Expand Your Singapore Business into Thailand:
Unlock New Markets & Growth Opportunities
Aster Lion empowers Singapore companies to expand into Thailand efficiently, leveraging local expertise and financial support from government grants to fuel your global growth.
🇹🇠Experts in Thai Visa Application Compliance Work Permit Business Registration Law Regulations Tax
Trusted by 100+ companies operating in Thailand
Market Expansion Opportunities for Singapore Companies
Thailand presents a key growth market for Singapore companies looking to expand regionally. With Aster Lion’s expertise in market entry, compliance, and operations, we make the process of expanding into Thailand seamless. Plus, Singapore businesses can tap into financial support, such as the Market Readiness Assistance (MRA) grant, to cover key costs like market research, legal, and PR activities.
Thailand offers a large consumer base and is a key ASEAN market for Singapore companies looking to scale their presence in the region.
Aster Lion provides market-entry services tailored to Singapore companies, ensuring seamless compliance with Thailand’s regulations and access to essential resources.
We handle the HR, payroll and tax complexities, allowing you to focus on building your business in Thailand.
Take advantage of Enterprise Singapore’s MRA grant, which provides up to 70% funding for overseas market setup, market promotion, and business development costs.
With MRA support, you can offset costs for critical market research and in-market advertising, allowing you to target Thai customers more effectively.
Government Grant for SG Companies
Secure a government supported Grant to reach new international markets
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The Market Readiness Assistance (MRA) Grant is a grant by Enterprise Singapore for established local SMEs to help them to improve their market knowledge, strengthen their capabilities and expand their networks, as well as to connect them to partners and opportunities overseas.
The grant provides up to 70% funding for activities like market setup, market research, business development, and marketing, helping Singapore businesses enter new markets with confidence. With Aster Lion as your trusted partner in Thailand, you can focus on growing your presence while taking full advantage of the support provided through Enterprise Singapore.
Aster Lion: Your Market Entry Experts in Thailand
🇹🇠Experts in Thai Visa Application Compliance Work Permit Business Registration Law Regulations Tax
CEO - GrabJobs Pte Ltd
"Partnering with Aster Lion has been a game-changer for our expansion into Thailand. Their expertise in local employment laws and regulations ensured we remained compliant - and saved us so much time to focus on our core business."
Managing Director - D.E. Consulting
"We have worked with Aster Lion for several years. They are professional, efficient and friendly. Tailor made solutions to our needs is the best part of their services. Their consultants are very experienced and hard working. We are impressed of their focus and dedication in what they do!“
Business Development Manager
"Stress Free Management! Aster Lion have been supporting me in business now for 2 years and had set the bar very high for their service back in 2020. At every step of the way, they have maintained this high level of service, supported by strong local knowledge and experience."
Regional Sales Manager - Asia
"What seemed to be hard and slow, becomes easy and fast. Since the first communication with Aster Lion, it has been great service and easy steps. The team is extremely professional and always there to solve your questions. The whole process of market entry in Thailand might seem like a big deal, but Aster Lion team walk you through it like pros."
Senior Well Test Engineer
“Peace of mind to get on with my work, worry free! When you are a professional working remotely from Thailand you need a reliable and efficient agency for your HR related matters. Aster Lion have done exactly that over the last 2 years. Thoroughly recommendable!”
Offshore Installation Manager
“Professional, Reliable & Timely. We needed a reliable partner to manage our payroll efficiently and compliantly. Aster Lion has been exceptional. Their team handled everything with professionalism and expertise, ensuring timely and accurate payroll processing every month."
Aster Lion helps companies like yours
Assisting International Clients Since 2015
Frequently Asked Questions
The MRA grant is a financial support initiative by Enterprise Singapore, designed to help Singapore companies expand overseas. It provides up to 70% funding for eligible costs related to market entry, such as market research, business development, and marketing.
To qualify for the MRA grant, companies must meet the following criteria:
- Be registered / incorporated in Singapore.
- Have at least 30% local shareholding.
- Have an annual turnover of less than S$100 million or less than 200 employees.
The MRA grant supports three main types of activities:
- Market Setup: Including legal, tax, and HR advisory costs.
- Market Promotion: Costs for in-market advertising, promotional campaigns, and participating in trade shows.
- Business Development: Covering areas like market research, identifying potential customers, and developing business leads.
The MRA grant can cover essential costs for your Thailand expansion, such as market research, identifying business partners, setting up a local office, and running promotional campaigns. It helps reduce the financial burden of entering a new market.
You can apply for the MRA grant through the Business Grants Portal. Make sure to prepare supporting documents like business plans, cost breakdowns for eligible activities, and any necessary legal and financial paperwork.
The processing time for MRA grant applications typically takes about 6-8 weeks from the date of submission. It’s recommended to apply well in advance of your planned market entry activities.
Aster Lion assists Singapore companies by providing market-entry services into Thailand, including HR, and operational support. We help you utilize the government grant effectively by identifying eligible activities and managing the entire market setup process in Thailand.
CONTACT US
Need Help? Contact Us today for a Free Consultation
We’d Love to Hear From You.
Call Us:
+66 (0) 2 1209413
Email Us:
team@asterlion.com
Regional Headquarters 🇹đź‡
Asoke Towers Building,
Sukhumvit 21 Road,
Bangkok
10110 Thailand
Consulting & HR Services for business success. Tailored strategies, expert guidance, and seamless HR solutions to elevate your organization and drive sustainable growth. Your success, our priority.
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