Thailand Foreign Business Act (FBA) B.E. 2542 (1999) is the single most important statute for anyone planning to operate or invest in business activities in Thailand. It determines which activities are closed to foreigners, which require special approval, and where foreigners can operate only with a license. This guide explains the Act’s structure, the practical…
Read MoreIn Thailand, foreign companies seeking to explore market opportunities or support their overseas operations without engaging in direct commercial activities often choose to establish a representative office. This type of business entity allows a foreign company to maintain a legal presence in Thailand for non-revenue-generating purposes such as market research, sourcing, and liaison activities. While…
Read MoreRegistering a Thai limited company is one of the most popular ways for entrepreneurs, both local and foreign, to establish a business presence in Thailand. A limited company, particularly a Private Limited Company (Co., Ltd.), offers distinct advantages such as limited liability for shareholders, corporate credibility, and the ability to enter into legal contracts. Thailand’s…
Read MoreEstablishing a branch office setup in Thailand is a popular option for foreign companies seeking to expand their presence in Southeast Asia. A branch office allows a foreign entity to conduct business activities in Thailand while remaining under the control of its parent company. However, the process of setting up a branch office involves navigating…
Read MoreMergers and acquisitions (M&A) are vital for business expansion and market consolidation in Thailand, a country with a dynamic economy and strategic importance in Southeast Asia. The M&A process in Thailand involves navigating a mix of local regulations, foreign ownership restrictions, and cultural nuances, requiring thorough due diligence and strategic planning. 1. Legal Framework for…
Read MoreRegistering your company under the Thailand Board of Investment unlocks a number of benefits and advantages. These include tax exemptions, privileges, and support services. These incentives include corporate income tax exemption for a fixed period and reduced requirements for obtaining work permits. Non-tax benefits include a simplified process for acquiring land and a faster procedure…
Read MoreThe US-Thailand Treaty of Amity is a great benefit for American citizens and companies to operate in Thailand. It allows them to own a majority share of their company and receive national treatment in terms of being exempt from the Foreign Business Act restrictions on foreign investment. Many American businesses choose to partner with local…
Read MoreThai Business Partnership. In the dynamic landscape of Thailand’s business environment, partnerships play a vital role in fostering collaboration and driving growth. A Thai business partnership involves two or more individuals or entities coming together to pursue common business objectives, pooling their resources, expertise, and networks to achieve shared success. One of the most common…
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