STARTING A BUSINESS IN THAILAND
Last updated: 15 Aug 2023
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Before you start doing business in Thailand, it is important to note that the Thai Foreign Business Act (FBA) prohibits certain foreign business activities, such as newspaper and television businesses, farming, cultivation, and animal husbandry, while some can be carried out with the authority of a government agency. Business entities in Thailand are regulated by the Department of Business Development (DBD). You can choose to register your business entity as any of the structures that is suitable to your business.
* There are three options for foreign investors who want to own more than 49 percent of the company:
1.) Obtaining a Foreign Business License (FBL) from the DBD
2.) Obtaining a Foreign Business Certificate (FBC) after securing BOI certification
3.) Obtaining a Treaty of Amity (US investors only)
3.) Obtaining a Treaty of Amity (US investors only)
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