Thailand’s Foreign Business Act (FBA) of 1999 is a pivotal piece of legislation governing the participation of foreign nationals and entities in the Thai economy. Designed to regulate and, in some cases, restrict foreign involvement in certain industries, the FBA plays a critical role in shaping the country’s business landscape. For foreign investors and entrepreneurs, […]
Read moreThai Business Partnerships. Thailand’s thriving economy presents exciting opportunities for both domestic and foreign entrepreneurs. One popular business structure is the partnership, offering a way to combine resources and expertise. But understanding the different types of Thai partnerships is crucial for making informed decisions. Thailand’s Partnership Landscape Thailand offers three main partnership structures: Unregistered Ordinary […]
Read moreMergers & Acquisitions in Thailand. Mergers and acquisitions (M&A) activity in Thailand has witnessed significant growth in recent years, reflecting the country’s robust economic landscape and increasing global interest in its business sector. As businesses seek to expand their market presence, diversify their offerings, or achieve operational synergies, M&A transactions have become a strategic tool […]
Read moreThe US-Thai Treaty of Amity allows American citizens and businesses to maintain majority ownership in their Thai companies, without needing a Foreign Business License. It also enables them to engage in activities that would otherwise be restricted by the Foreign Business Act. Companies registered under the treaty can take advantage of Thailand’s regional trade agreements. […]
Read moreA Representative Office is the ideal business entity for a foreign company that’s exploring the market in Thailand. It can be 100 percent foreign-owned and is not taxable under the Foreign Business Act. However, it is only allowed to perform non-revenue-generating activities and cannot accept purchase orders or offer sales, or negotiate for carrying out […]
Read moreThai Limited Company Registration is a key step in establishing your business. This process involves filing a Memorandum of Association, holding a statutory meeting, and registering your company with the government for tax purposes. The MoA contains the company name, its province of registered office, its objectives and the share structure. It must be signed […]
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