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Foreign Business Act

Foreign Business Act in Thailand

Foreigners will normally invest in following business entities:

A foreigner may engage in certain types of business according to the Foreign Business Act B.E. 2542 (1999) with various types of activities located in the list of activities provided by the Foreign Business Act comprised in Lists one (1) to three (3).


The law separates foreigners in terms of juristic persons into two different kinds as follows:

According to the Foreign Business Act, a foreign business license is required for every kind of juristic person not registered in Thailand and every kind of juristic person, whereby over 50% of the shares are invested by foreigners which have the activity under list 2 or 3.

The foreign majority company can be exercised without having to apply for foreign business license if an activity is promoted by the BOI or the U.S.-Thai Amity-Treaty. So the BOI or the U.S.-Thai Amity-Treaty promotion will override the FBA.

The minimum capital for businesses not listed in an Annex shall comply with the Ministerial Regulations but it shall not be less than 2 million THB

The minimum capital for businesses listed in an Annex shall comply with the Ministerial Regulations but it shall not be less than 3 million THB.



Corporate Law Firm in Thailand

On behalf of international clients, a corporate lawyer in Thailand with a depth of experience can assist in setting up and registering Thai and Amity treaty companies. Our legal counsel and business consultants are strong in business and conflict resolution experience. That depth of experience, coupled with a contemporary perspective, means our corporate lawyers and business consultants tend to be forward- thinking and innovative in satisfying client needs.

Let M & S Law Office 2006 help you by calling us at (+66)2 693-2036 or send email via or send us enquiry.



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