Foreign Business License
A Foreign Business License (FBL) in Thailand is required for foreign nationals or entities to engage in businesses restricted under the Foreign Business Act (FBA) of 1999. The FBA lists industries that are reserved for Thai nationals or where foreign participation is limited. Foreign companies wishing to operate in these sectors must apply for an […]
Thai Business Partnerships
Thai Business Partnerships. Thailand, a Southeast Asian nation known for its vibrant culture and stunning landscapes, also boasts a thriving business environment. If you’re considering entering this market, understanding Thai business partnerships is crucial for a successful venture. Types of Partnerships: Thai law recognizes two main types of partnerships: Ordinary Partnerships: These are informal agreements […]
US-Thai Treaty of Amity
The US-Thai Treaty of Amity offers significant protections to American companies. It allows them to own a majority of shares and engage in business on the same basis as Thais (national treatment) and is exempt from most restrictions on foreign investment under the Alien Business Act. The company must be certified by the US Commercial […]
Set Up a Representative Office in Thailand
Setting up a Representative Office in Thailand is an ideal option for foreign companies to explore the local market and conduct business research without registering a full-fledged subsidiary in Thailand. Representative offices are strictly non-income-generating entities that can carry out certain business activities on behalf of the head office or affiliated companies. What is a […]
Representative Office in Thailand
Representative Office in Thailand. Thailand, with its strategic location in Southeast Asia, dynamic economy, and vibrant culture, has become a magnet for foreign businesses seeking to establish a presence in the region. One popular entry point for foreign companies is the establishment of a Representative Office. This article explores how a Representative Office in Thailand […]
Thai Limited Company Registration
Thai Limited Company Registration. Thailand, with its dynamic economy and strategic location in Southeast Asia, has become a hotspot for entrepreneurs and businesses seeking to establish a foothold in the region. One of the most popular business structures for both local and foreign investors is the Thai Limited Company. This article provides a comprehensive guide […]
Thailand Board of Investment
Thailand Board of Investment. Thailand, known for its vibrant culture, stunning landscapes, and robust economy, has long been an attractive destination for foreign investors. To facilitate and incentivize foreign investment, Thailand established the Board of Investment (BOI) – a pivotal agency dedicated to promoting economic development and fostering a business-friendly environment. The Genesis of Thailand’s […]