Foreign Business Act
The Foreign Business Act B.E. 2542 (1999) (“FBA”) is Thailand’s central legal instrument governing the participation of foreign nationals and foreign-owned entities in business activities within the Kingdom. The Act identifies certain types of businesses that are either prohibited or restricted to foreigners, unless special permission is obtained. Though aimed at protecting national interests and […]
Thai Limited Company Registration
A registered limited company is the preferred business structure for most foreign investors in Thailand. It offers the benefits of a legal entity, with financial liability restricted to the amount invested by shareholders. Registration requires the submission of several documents and compliance with local regulations. The process can be complex and time consuming. Company name […]
Mergers and Acquisitions in Thailand
Mergers and acquisitions in Thailand play a vital role in economic growth, providing opportunities for foreign investors and local companies to expand, restructure, or consolidate operations. The process is influenced by local laws, cultural dynamics, and economic considerations, making a comprehensive understanding of the framework crucial for success. 1. Legal Framework for M&A in Thailand […]
Thai Business Partnership
Thai Business Partnership. Thailand, with its strategic location, burgeoning economy, and a welcoming business environment, has become an attractive destination for foreign investors. Forming a partnership with a local Thai company can offer numerous advantages, such as market access, cultural insights, and regulatory compliance. However, it is essential to approach these partnerships with careful consideration […]
US-Thailand Treaty of Amity
The US-Thailand Treaty of Amity is a historic treaty between the United States of America and the Kingdom of Thailand designed to foster economic cooperation and commercial ties between the two countries. Signed on May 29, 1966, this treaty was a watershed moment in diplomatic ties and continues to have an effect on bilateral relationships […]
Thailand Board of Investment
The Thailand Board of Investment (BOI) stands as a pivotal agency in Thailand’s economic landscape, driving foreign direct investment and spearheading economic growth. Established with a mission to attract and facilitate investments, the BOI plays a crucial role in propelling Thailand’s industrial and technological advancements. This article delves into the significance, functions, incentives, and application […]
Representative Office in Thailand
Representative Office in Thailand. Thailand’s strategic location in the heart of Southeast Asia, coupled with its dynamic economy and business-friendly policies, has made it an attractive destination for companies seeking to expand their global footprint. One avenue for international companies to explore opportunities in Thailand is through the establishment of a Representative Office. This article […]
Registering Your Company in Thailand With Foreign-Owned Majority
There are several benefits to Registering your Company in Thailand with Foreign-Owned Majority (FBL) status. As long as you have the minimum capital required, you can do business in Thailand. FBL companies are also more likely to offer you better work permit ratios than Thai companies. But it is important to remember that these benefits […]
