{"id":10887,"date":"2023-06-19T15:54:31","date_gmt":"2023-06-19T08:54:31","guid":{"rendered":"https:\/\/belaws.com\/thailand\/?p=10887"},"modified":"2025-09-18T12:36:11","modified_gmt":"2025-09-18T05:36:11","slug":"foreign-business-ownership","status":"publish","type":"post","link":"https:\/\/belaws.com\/thailand\/fr\/entreprise-detenue-par-un-etranger\/","title":{"rendered":"La propri\u00e9t\u00e9 \u00e9trang\u00e8re \u00e0 100 % d'une entreprise en Tha\u00eflande"},"content":{"rendered":"<section  class='av_textblock_section av-ks8kyyfa-e516bae24dd4ed4f78e7dedb0aea1067'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock breadcrumb'  itemprop=\"text\" >\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-18myty-919e5cb9f68131fb6240d9c12261edb4\">\n.av_font_icon.av-18myty-919e5cb9f68131fb6240d9c12261edb4 .av-icon-char{\nfont-size:11px;\nline-height:11px;\n}\n<\/style>\n<span  class='av_font_icon av-18myty-919e5cb9f68131fb6240d9c12261edb4 avia_animate_when_visible av-icon-style- avia-icon-pos-left av-no-color avia-icon-animate'><span class='av-icon-char' aria-hidden='true' data-av_icon='\ue874' data-av_iconfont='entypo-fontello' ><\/span><\/span>\n<div style=\"padding-left: 15px;\"><span class=\"\"><a href=\"https:\/\/belaws.com\">Belaws Home<\/a> \u203a\u203a <a href=\"https:\/\/belaws.com\/thailand\/\">Thailand<\/a> \u203a\u203a <a href=\"https:\/\/belaws.com\/thailand\/blog\/\">Blog<\/a>\u00a0\u203a\u203a <\/span>Exploring 100% Foreign Business Ownership in Thailand<\/div>\n<\/div><\/section>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='av_section_1'  class='avia-section av-re718-f933e9e3a470259eecd4d4692aaacea2 main_color avia-section-no-padding avia-no-border-styling  avia-builder-el-2  el_after_av_textblock  el_before_av_section  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-10887'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksd27few-1f8c384e085c379baccb5abbe326157c\">\n#top .hr.hr-invisible.av-ksd27few-1f8c384e085c379baccb5abbe326157c{\nheight:100px;\n}\n<\/style>\n<div  class='hr av-ksd27few-1f8c384e085c379baccb5abbe326157c hr-invisible  avia-builder-el-3  el_before_av_one_half  avia-builder-el-first  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div class='flex_column av-gmj0k-ac56bb06b98c278ca7684f46c4d7723e av_one_half  avia-builder-el-4  el_after_av_hr  el_before_av_one_half  first av-break-at-tablet flex_column_div '   ><p><section  class='av_textblock_section av-kscys0p5-d0fe1da2549b5d38fb08e5d3e4dbc794'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock sur-titre_bleu'  itemprop=\"text\" ><p>boi<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lra90-9ab3f8d48a81ed396ae07bbaafa596f6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h1_bleu_post'  itemprop=\"text\" ><h1>Exploring 100% Foreign Business Ownership in Thailand<\/h1>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-b3jfo-03f63b84c9a76d84e1713c05a87923fd\">\n#top .hr.hr-invisible.av-b3jfo-03f63b84c9a76d84e1713c05a87923fd{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-b3jfo-03f63b84c9a76d84e1713c05a87923fd hr-invisible  avia-builder-el-7  el_after_av_textblock  el_before_av_post_metadata '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_post_metadata-3f1880b9956aa5116055829522854aeb\">\n#top .av-post-metadata-container.av-av_post_metadata-3f1880b9956aa5116055829522854aeb{\ncolor:#1a4367;\n}\n<\/style>\n<div  class='av-post-metadata-container av-av_post_metadata-3f1880b9956aa5116055829522854aeb av-metadata-container-align-left  avia-builder-el-8  el_after_av_hr  el_before_av_textblock  av-metadata-container-1'><div class='av-post-metadata-container-inner'><span class=\"av-post-metadata-content av-post-metadata-meta-content\"><span class=\"av-post-metadata-content av-post-metadata-modified\"><span class=\"av-metadata-before av-metadata-before-modified\">Latest Update : <\/span><span class=\"av-post-metadata-modified-date\" >septembre 18, 2025<\/span><\/span><span class=\"av-post-metadata-content av-post-metadata-separator\">- <\/span><span class=\"av-post-metadata-content av-post-metadata-published\"><span class=\"av-metadata-before av-metadata-before-published\">Published date : <\/span><span class=\"av-post-metadata-published-date\" >juin 19, 2023<\/span><\/span><\/span><\/div><\/div><br \/>\n<section  class='av_textblock_section av-2mj4cc-546fb3795883e77cb448506a33b339b7'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_18'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">As an investor looking to enter the Thai market, one of your first considerations may be whether you can own 100% of your business in Thailand. While Thai partners who own over 50% of the shares will typically be required, some potential avenues offer 100% foreign ownership.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this blog post, we&#8217;ll explore the options for foreign entrepreneurs looking to establish their ventures in Thailand while taking advantage of 100% foreign ownership.\u00a0<\/span><\/p>\n<\/div><\/section><\/p><\/div><div class='flex_column av-bmm5w-737f28be9bb008277e27311ae0eaf479 av_one_half  avia-builder-el-10  el_after_av_one_half  avia-builder-el-last  av-break-at-tablet flex_column_div '   ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kscy8en7-d63ab3a3edd448ec74596e1ffa835978\">\n.avia-image-container.av-kscy8en7-d63ab3a3edd448ec74596e1ffa835978 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-kscy8en7-d63ab3a3edd448ec74596e1ffa835978 av-styling- avia-align-center  avia-builder-el-11  avia-builder-el-no-sibling  radius_10 img'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-10888 avia-img-lazy-loading-not-10888 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/06\/Exploring-100-Foreign-Business-Ownership-in-Thailand.png\" alt='Investment opportunities in Thailand' title='Investment opportunities in Thailand'  height=\"800\" width=\"990\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/06\/Exploring-100-Foreign-Business-Ownership-in-Thailand.png 990w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/06\/Exploring-100-Foreign-Business-Ownership-in-Thailand-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/06\/Exploring-100-Foreign-Business-Ownership-in-Thailand-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/06\/Exploring-100-Foreign-Business-Ownership-in-Thailand-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/06\/Exploring-100-Foreign-Business-Ownership-in-Thailand-15x12.png 15w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/06\/Exploring-100-Foreign-Business-Ownership-in-Thailand-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/06\/Exploring-100-Foreign-Business-Ownership-in-Thailand-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/06\/Exploring-100-Foreign-Business-Ownership-in-Thailand-705x570.png 705w\" sizes=\"(max-width: 990px) 100vw, 990px\" \/><\/div><\/div><\/div><\/div><\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4\">\n.avia-section.av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4{\nbackground-color:#fafafa;\n}\n<\/style>\n<div id='av_section_2'  class='avia-section av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4 main_color avia-section-default avia-no-border-styling  avia-builder-el-12  el_after_av_section  el_before_av_section  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-10887'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksd2ivxm-023071e5c33e5c283329416739e1beb3\">\n#top .hr.hr-invisible.av-ksd2ivxm-023071e5c33e5c283329416739e1beb3{\nheight:60px;\n}\n<\/style>\n<div  class='hr av-ksd2ivxm-023071e5c33e5c283329416739e1beb3 hr-invisible  avia-builder-el-13  el_before_av_two_third  avia-builder-el-first  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div class='flex_column av-fpevw-aab8acce1826d370629f645f34d6bd3b av_two_third  avia-builder-el-14  el_after_av_hr  el_before_av_one_third  first av-break-at-tablet flex_column_div '   ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-lb329d7d-3f950f02b294bfa39eeb1b805d8d23d3\">\n#top .av_textblock_section.av-lb329d7d-3f950f02b294bfa39eeb1b805d8d23d3 .avia_textblock{\ncolor:#ffffff;\n}\n<\/style>\n<section  class='av_textblock_section av-lb329d7d-3f950f02b294bfa39eeb1b805d8d23d3'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock post_text_highlighting av_inherit_color'  itemprop=\"text\" ><p style=\"text-align: left;\">Key points<\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">If foreigners own more than 49 percent of the shares in a company, they must obtain a Foreign Business License (FBL) to undertake restricted activities as per the Foreign Business Act.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">The Foreign Business Act restricts foreigners from undertaking about 50 types of businesses, including most service activities.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Companies eligible for a BOI promotion can obtain a Foreign Business Certificate (FBC) to undertake activities restricted as per the Foreign Business Act as 100% foreign-owned companies.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Some activities are not restricted to Foreigners, such as Export activities.\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\">The Treaty of Amity allows companies majority-owned by US citizens to operate in Thailand and do not need an FBL. They are restricted from specific sectors.<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-kscytnto-6f8bd4ca8aa4b5f4311495ee3b7802c6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>The Foreign Business Act<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-8ohy4-ba2bc652f51fc02aca7b4faa3ec86cd2'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">The Foreign Business Act (FBA) splits business activities in Thailand into three distinct lists, each subject to specific restrictions. These regulations primarily revolve around the level of foreign ownership and operation allowed for these businesses.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These 3 lists restrict foreigners from undertaking about 50 types of business, including:<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-litxel28-419436079f0e5c8aa918bbe1717d1f2c'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">List one includes newspaper businesses, animal farming, land trading and other activities. Foreigners are prohibited from operating businesses in list one for \u201cspecial reasons,\u201d and no approval is available for a foreigner or foreign entity to obtain.<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">List two has three groups and includes businesses related to national security and domestic land, waterway, or air transportation (including the domestic airline business).\u00a0 Foreigners or foreign entities can operate a business engaged in list two activities if approval has been given by the Minister of Commerce and the Cabinet. However, it is difficult to obtain such approval.<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">List three Foreigners and foreign entities are prohibited from engaging in list three activities because \u201cThai nationals are not ready to compete\u201d with foreigners. Foreigners and foreign entities can receive approval from the Director-General of the Commercial Registration of the Department of Business Development and the Foreign Business Committee for these activities. List three consists of \u201cother service business categories except those prescribed by ministerial regulations\u201d.<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-893pgz-417cf0891102d15fa8bff673921feb47\">\n#top .hr.hr-invisible.av-893pgz-417cf0891102d15fa8bff673921feb47{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-893pgz-417cf0891102d15fa8bff673921feb47 hr-invisible  avia-builder-el-19  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-gfh9xy-e0bde1d55d8468f28ed18b9996433e48'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Are there any options for 100% Foreign Business Ownership in Thailand?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-dksn8m-8a3788d84dfb83d2abe7e575458a98c8'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">While these restricted activities may prohibit 100% foreign ownership, there are 3 potential options open to foreigners.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The three methods are:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Obtaining a Foreign Business License<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Board of Investment (BOI) promotion<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Registration through the Treaty of Amity (for the US citizens only)<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">For more information about the Foreign Business Act, please check out our blog post: <\/span><\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/foreign-business-act-in-thailand\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Understanding the Foreign Business Act<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-bxixyu-13a47cec5e18968dc4f6c3e10a93cecf\">\n#top .hr.hr-invisible.av-bxixyu-13a47cec5e18968dc4f6c3e10a93cecf{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-bxixyu-13a47cec5e18968dc4f6c3e10a93cecf hr-invisible  avia-builder-el-22  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-2uxm2u-5026684a4ada939707226fca38a07231'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Foreign Business Licences<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lahyf3ht-068db732d71cb564f73f65a8f0d62588'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Foreign companies interested in undertaking in business activities restricted by the Foreign Business Act must apply for a Foreign Business License (FBL) before commencing operations. To get an FBL, companies must submit the necessary documents to the Foreign Business Committee and await their decision.\u00a0<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lik1rllh-54f458ff18bec400be199f1e0a116d43'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">It is worth noting that this procedure can be time-consuming, and rejections are not uncommon. However, if the proposed business is unique, non-competitive with Thai enterprises, or involves transactions among affiliated companies, the likelihood of obtaining the license increases significantly.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lj2m581b-84f1fd9f0f51cf0167fdbad60c3b597e'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">This system allows the Thai government to regulate the entry of foreign businesses into the failure to obtain an FBL before commencing operations can result in penalties ranging from 100,000 THB to 1M THB and a potential prison sentence of up to three years.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lj2m5dzu-703727f8029445d124408b74b9a76c7c'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><b>What business activities do not require a Foreign Business Licence?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Typically, foreigners in Thailand are interested in starting a business in the following sectors: manufacturing, trading, export, and services. While the FBA does not restrict most manufacturing and export activities (specifically those targeting the export market), allowing foreigners to have full ownership, the opportunities in the service sector are significantly limited. The service industry is viewed as an area where Thai businesses are not yet ready to compete.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-4bsh7i-1853d6b6c18558b15dfd3e19aca78a67\">\n#top .hr.hr-invisible.av-4bsh7i-1853d6b6c18558b15dfd3e19aca78a67{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-4bsh7i-1853d6b6c18558b15dfd3e19aca78a67 hr-invisible  avia-builder-el-28  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-325lrq-a077d4333f6464d2332988083945a430'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>BOI Promotions<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lbewpat3-6463b720631d5bc566551ec404ead2e7'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Thailand\u2019s Board of Investment is a special government agency that focuses on promoting foreign investment within Thailand.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, the BOI also provides the following incentives for qualifying projects:<\/span><\/p>\n<p>Read also <a href=\"https:\/\/belaws.com\/thailand\/boi-or-eec\/\">BOI or EEC, Which is Best for your Business in Thailand?<\/a><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-litxgv84-e2643435762a319ac26c846f69b4afd1'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">100% foreign ownership of a company.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reduced requirements for supporting work permits, i.e., no quotas for hiring foreigners.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The ability to own land.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tax benefits such as income tax exemptions for a fixed period. Please note that tax incentives depend on specific promotions and are unavailable to all.<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lj2m6hx7-90704c08c807865e36362ea38b284542'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">A BOI promotion removes many barriers to doing business in Thailand, such as the restrictions of the Foreign Business Act. Business activities eligible for a BOI promotion include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Agriculture and agricultural products<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Mineral, ceramics, and basic metals<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Light industry<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Metal products, machinery, and transport equipment<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Electronics and electrical appliances industry<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Chemicals, paper, and plastics<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Services and public utilities<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Technology and innovation development<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">To learn more about BOI companies in Thailand, please click <\/span><a href=\"https:\/\/belaws.com\/thailand\/incorporation\/boi-company-in-thailand\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">here.<\/span><\/a><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-9fbcj9-7e164ec74215c58051c357066ce05f0c\">\n#top .hr.hr-invisible.av-9fbcj9-7e164ec74215c58051c357066ce05f0c{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-9fbcj9-7e164ec74215c58051c357066ce05f0c hr-invisible  avia-builder-el-33  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-16lt4ry-b2e4e9f2bb80aa09cf890012358a6052'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Treaty of Amity Companies<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-limlr157-fa6ce913990b044e16d4ccf174729537'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">As mentioned above, typically, a 100% foreign-owned company cannot operate in Thailand unless:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">the Ministry of Commerce has granted a Foreign Business License (FBL) or;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">an investment promotion from the BOI and a Foreign Business Certificate from the Ministry of Commerce has been obtained.<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lisf7uhp-64c00335869a161e85b8bd9b8f9cb139'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">However, if one of the shareholders in the company is a US citizen and this shareholder holds the majority of the shares, this company will be considered a US-majority-owned company. US-majority-owned companies are eligible to apply for protection under the Treaty of Amity. A Treaty of Amity company can operate as a 100% foreign-owned company in Thailand without applying for an FBL or a BOI promotion.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lj2m79d3-797f6aabd25c36412653c83041fecbd5'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">However, several restrictions must be considered. The Treaty of Amity prohibits American investors from operating in the following reserved activities:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Communications<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Transportation<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fiduciary functions<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Banking involving depository functions<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Land Ownership, Exploitation of land or other natural resources<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Domestic trade in indigenous agricultural products<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lj2m7ifm-b0d8416800d008762c255c3ac09f3697'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">The following requirements also apply:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">American citizens must hold a minimum of 51% of shares<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A minimum of 50% of directors must be American citizen(s)<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1l9o1t4-e8f8de888fc15c4e5370b45c8f947f15\">\n#top .hr.hr-invisible.av-1l9o1t4-e8f8de888fc15c4e5370b45c8f947f15{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-1l9o1t4-e8f8de888fc15c4e5370b45c8f947f15 hr-invisible  avia-builder-el-39  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-limlrghw-bd7d11acee3562c5b01ec12eb584e399'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What happens if a company is not eligible for 100% foreign ownership?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-limltbs0-7d81af9c02a831a1bd128191d979daa2'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Should a company not be eligible for any of the above options, one final solution would be to establish a Thai company with majority ownership (over 50% of the shares) held by Thai individuals. Companies such as these are not subject to the restrictions of the FBA and can undertake any kind of business activity.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lisfavum-5fa79bdd4fda79c074300acc431d844b'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Under the existing regulations of the FBA, foreigners are permitted to possess majority voting rights and control a Thai limited company by utilising preference shares and weighted voting rights, provided that the Thai shareholders are not nominees.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-wwuz88-5b0bde0d5fe6e44c5616d1fe473ca97f\">\n#top .hr.hr-invisible.av-wwuz88-5b0bde0d5fe6e44c5616d1fe473ca97f{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-wwuz88-5b0bde0d5fe6e44c5616d1fe473ca97f hr-invisible  avia-builder-el-43  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-nezvns-0a38283e543d69061143fab36feefe51'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>How can Belaws help?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-piq7pq-352ad1978fbef97bedc9d4eca64dbbcb'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>For more information about 100% foreign ownership for companies in Thailand, why not talk to one of our experts now?<\/p>\n<\/div><\/section><br \/>\n<div  class='avia-button-wrap avia-button-left  avia-builder-el-46  el_after_av_textblock  el_before_av_textblock  bouton-cta' ><a href=\"https:\/\/wa.me\/+66636955945\" class=\"avia-button av-2rocsm-ad93c683973fd17f09fcd73d6f5e78e0 avia-icon_select-yes-right-icon avia-size-large avia-position-left avia-color-theme-color\" target=\"_blank\" rel=\"noopener noreferrer\"><span class='avia_iconbox_title' >Talk to an expert<\/span><span class='avia_button_icon avia_button_icon_right' aria-hidden='true' data-av_icon='\uf232' data-av_iconfont='entypo-fontello'><\/span><\/a><\/div><br \/>\n<section  class='av_textblock_section av-202agu-c2abc468d489a64dbd7aa9abcb6a5ea1'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>If you want to learn more about how our experts can help with your accounting and secretary needs, please click\u00a0<a href=\"https:\/\/belaws.com\/thailand\/accounting-secretary\/\" target=\"_blank\" rel=\"noopener\">here<\/a>. For more details about our incorporation services, please click<a href=\"https:\/\/belaws.com\/thailand\/incorporation\/\" target=\"_blank\" rel=\"noopener\">\u00a0here.<\/a><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-q93pwe-6d5bb40d417741c03ce1e2231424ffaa'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><em>Please note that this article is for information purposes only and <strong>does not constitute legal advice<\/strong>.<\/em><\/p>\n<\/div><\/section><br \/>\n<div  class='av-social-sharing-box av-l4rstf25-09aa8edfee9bfff0c66b62d8ea68b23c av-social-sharing-box-default  avia-builder-el-49  el_after_av_textblock  el_before_av_hr  av-social-sharing-box-fullwidth'><div class=\"av-share-box\"><h5 class='av-share-link-description av-no-toc '>Share this post<\/h5><ul class=\"av-share-box-list noLightbox\"><li class='av-share-link av-social-link-facebook' 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https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation.png 990w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-705x570.png 705w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/div><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksll297i-ac8feca4576cdd5bdd6e22d214756788\">\n#top .hr.hr-invisible.av-ksll297i-ac8feca4576cdd5bdd6e22d214756788{\nheight:25px;\n}\n<\/style>\n<div  class='hr av-ksll297i-ac8feca4576cdd5bdd6e22d214756788 hr-invisible  avia-builder-el-55  el_after_av_image  el_before_av_button '><span class='hr-inner '><span 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el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-p84k-4017eaf9b1649a60b0ff810854b78620'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_14'  itemprop=\"text\" ><p>Our consultations last for a period of up to 1 hour and are conducted by expert Lawyers who are fluent in English, French and Thai.<\/p>\n<p>Consultations can be hosted via WhatsApp or Video Conferencing software for your convenience. A consultation with one of our legal experts is undoubtedly the best way to get all the information you need and answer any questions you may have about your new business or project.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kslm1kpi-e6d522183c5eda06f320ce62b63c40c6\">\n#top .hr.hr-invisible.av-kslm1kpi-e6d522183c5eda06f320ce62b63c40c6{\nheight:15px;\n}\n<\/style>\n<div  class='hr av-kslm1kpi-e6d522183c5eda06f320ce62b63c40c6 hr-invisible  avia-builder-el-59  el_after_av_textblock  el_before_av_codeblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<br \/>\n<br \/>\n<br \/>\n<br \/>\n<\/p><\/div><\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-l8ctxpd9-095dc0c75aa2de5329ec8b624b867e69\">\n.avia-section.av-l8ctxpd9-095dc0c75aa2de5329ec8b624b867e69{\nbackground-color:#dfeef6;\n}\n<\/style>\n<div id='av_section_3'  class='avia-section av-l8ctxpd9-095dc0c75aa2de5329ec8b624b867e69 main_color avia-section-default avia-no-border-styling  avia-builder-el-65  el_after_av_section  el_before_av_one_full  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-10887'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-fyhro1-0cf30a10ffa966a21c55aed6dcf53641\">\n#top .hr.hr-invisible.av-fyhro1-0cf30a10ffa966a21c55aed6dcf53641{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-fyhro1-0cf30a10ffa966a21c55aed6dcf53641 hr-invisible  avia-builder-el-66  el_before_av_textblock  avia-builder-el-first  av-desktop-hide av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<section  class='av_textblock_section av-e8bwe9-42a5aa99fe46b76eb6bea8fd40de44ad'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h3_bleu'  itemprop=\"text\" ><h3 style=\"text-align: left;\">Frequently asked questions<\/h3>\n<\/div><\/section>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-37pzrl-0e2130f093209067c90d3f6b04c2d251\">\n#top .hr.hr-invisible.av-37pzrl-0e2130f093209067c90d3f6b04c2d251{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-37pzrl-0e2130f093209067c90d3f6b04c2d251 hr-invisible  avia-builder-el-68  el_after_av_textblock  el_before_av_toggle_container  av-desktop-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div  class='togglecontainer av-lj6fsnv4-0eef35b0f07e11452b3381924baeba80  avia-builder-el-69  el_after_av_hr  avia-builder-el-last  av-accordion-style-2 toggle_close_all'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/FAQPage\" >\n<section class='av_toggle_section av-lj6frqu5-89c7aa1cf1447eaf7d2d7d6fc5dff257'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-1' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-1'>Can foreigners own 100% of a business in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-1' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Yes, foreigners can own 100% of a business in Thailand under certain circumstances. Foreigners who own more than 49% of the shares in a company must obtain a Foreign Business License (FBL) to undertake restricted activities as per the Foreign Business Act. However, there are three potential options for 100% foreign ownership: obtaining a Foreign Business License, getting Board of Investment (BOI) promotion, or registering through the Treaty of Amity (for US citizens only).<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lj6fs25n-4eea255bf230fe6a9dcde82554f50e68'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-2' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-2'>Can foreigners own a company in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-2' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Yes, foreigners can own a company in Thailand. However, the extent of foreign ownership depends on the type of business and the restrictions imposed by the Foreign Business Act. Foreigners can own a company in Thailand with less than 50% ownership without the need for special permission. To own more than 49% of the shares and engage in restricted activities, foreigners must obtain a Foreign Business License, qualify for BOI promotion, or meet the requirements under the Treaty of Amity.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lj6fsbss-e1d02347070f598ca672e636f7602d80'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-3' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-3'>What is the foreign ownership limit in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-3' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>The foreign ownership limit in Thailand varies depending on the business activities and the regulations of the Foreign Business Act. Generally, foreigners can own less than 50% of a company without any special permission. However, for activities restricted by the Foreign Business Act, such as certain service industries, foreigners must obtain a Foreign Business License, qualify for BOI promotion, or meet the requirements under the Treaty of Amity to achieve 100% foreign ownership.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lj6fsmqv-97078b84943086bb5fa4d69a7de64e47'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-4' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-4'>Can a foreigner be a sole proprietor in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-4' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>The concept of a sole proprietorship in Thailand is different from that in some other countries. In Thailand, a sole proprietorship is registered as a &#8220;sole proprietorship business&#8221; or &#8220;personal business&#8221; under Thai law, and it is primarily intended for Thai nationals. The regulations regarding sole proprietorships and foreign ownership in Thailand can be complex. It is generally recommended for foreigners to establish a company with majority ownership held by Thai individuals or explore other options such as obtaining a Foreign Business License, BOI promotion, or registering through the Treaty of Amity for 100% foreign ownership.<\/p>\n<\/div><\/div><\/div><\/section>\n<\/div>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='after_section_3'  class='main_color av_default_container_wrap container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-10887'><div class='entry-content-wrapper clearfix'><\/p>\n<div class='flex_column av-qqtyiz-0d401a2ec3b1be9fe8b6b4ff052340e0 av_one_full  avia-builder-el-70  el_after_av_section  el_before_av_section  avia-builder-el-no-sibling  first flex_column_div '   ><section  class='av_textblock_section av-2jjczv-f8cba9213d57d135389f2377189c4f87'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Related articles<\/h2>\n<\/div><\/section><br \/>\n<div id='av-masonry-1' class='av-masonry av-2fkee3-133dd75036f55971520b4b95c617589e noHover av-flex-size av-large-gap av-hover-overlay-active av-masonry-animation-active av-masonry-col-3 av-caption-always av-caption-style- av-masonry-entries '><div class=\"av-masonry-container isotope av-js-disabled\"><div class='av-masonry-entry isotope-item av-masonry-item-no-image '><\/div><a href=\"https:\/\/belaws.com\/thailand\/fr\/sponsored-work-permit-in-thailand\/\" id=\"av-masonry-1-item-7458\" data-av-masonry-item=\"7458\" class=\"av-masonry-entry isotope-item post-7458 post type-post status-publish format-standard has-post-thumbnail hentry category-visa category-news category-thailand tag-visa-thailand  av-masonry-item-with-image\" title=\"Sponsored Work Permits in Thailand\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\"><div class='av-inner-masonry-sizer'><\/div><figure class='av-inner-masonry main_color'><div class=\"av-masonry-outerimage-container\"><div class='av-masonry-image-container'   ><img decoding=\"async\" width=\"705\" height=\"570\" class=\"wp-image-7462 avia-img-lazy-loading-not-7462\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/PEO-Article-705x570.png\" title=\"Sponsored Work Permits in Thailand\" alt=\"Sponsored Work Permit in Thailand\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/PEO-Article-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/PEO-Article-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/PEO-Article-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/PEO-Article-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/PEO-Article-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/PEO-Article-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/PEO-Article.png 990w\" sizes=\"(max-width: 705px) 100vw, 705px\" \/><\/div><\/div><figcaption class='av-inner-masonry-content site-background'><div class='av-inner-masonry-content-pos'><div class='av-inner-masonry-content-pos-content'><div class='avia-arrow'><\/div><h3 class='av-masonry-entry-title entry-title '  itemprop=\"headline\" >Sponsored Work Permit in Thailand<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >15\/06\/2022<br \/>\r\nSponsored Work Permits in Thailand provide employee management services and administrative assistance.<\/div><span class='av-masonry-date meta-color updated'>juin 15, 2022<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>par jonathan<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><!--end av-masonry entry--><a href=\"https:\/\/belaws.com\/thailand\/fr\/boi-thailand-approves-new-investment-schemes\/\" id=\"av-masonry-1-item-7528\" data-av-masonry-item=\"7528\" class=\"av-masonry-entry isotope-item post-7528 post type-post status-publish format-standard has-post-thumbnail hentry category-blockchain tag-boi tag-boi-thailand  av-masonry-item-with-image\" title=\"boi visa &#038; work permit thailand BOI approves new investment schemes in Thailand\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\"><div class='av-inner-masonry-sizer'><\/div><figure class='av-inner-masonry main_color'><div class=\"av-masonry-outerimage-container\"><div class='av-masonry-image-container'   ><img decoding=\"async\" width=\"705\" height=\"570\" class=\"wp-image-7531 avia-img-lazy-loading-not-7531\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-705x570.png\" title=\"boi visa &#038; work permit thailand BOI approves new investment schemes in Thailand\" alt=\"boi visa &amp; work permit thailand BOI approves new investment schemes in Thailand\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment.png 990w\" sizes=\"(max-width: 705px) 100vw, 705px\" \/><\/div><\/div><figcaption class='av-inner-masonry-content site-background'><div class='av-inner-masonry-content-pos'><div class='av-inner-masonry-content-pos-content'><div class='avia-arrow'><\/div><h3 class='av-masonry-entry-title entry-title '  itemprop=\"headline\" >BOI approves new investment schemes in Thailand<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >21\/06\/2022<br \/>\r\nBOI Thailand approves new investment schemes and incentives worth 209.5 billion baht (US 6.2 billion).<\/div><span class='av-masonry-date meta-color updated'>juin 21, 2022<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>par jonathan<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><!--end av-masonry entry--><a href=\"https:\/\/belaws.com\/thailand\/fr\/work-from-home-amendment\/\" id=\"av-masonry-1-item-8310\" data-av-masonry-item=\"8310\" class=\"av-masonry-entry isotope-item post-8310 post type-post status-publish format-standard has-post-thumbnail hentry category-legal tag-thailand  av-masonry-item-with-image\" title=\"Thailand is considering a new Labor law for Work-from-Home arrangements\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\"><div class='av-inner-masonry-sizer'><\/div><figure class='av-inner-masonry main_color'><div class=\"av-masonry-outerimage-container\"><div class='av-masonry-image-container'   ><img decoding=\"async\" width=\"705\" height=\"570\" class=\"wp-image-8311 avia-img-lazy-loading-not-8311\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/08\/Thailand-is-considering-a-new-Labor-law-for-Work-from-Home-arrangements-705x570.png\" title=\"Thailand is considering a new Labor law for Work-from-Home arrangements\" alt=\"Thailand is considering a new Labor law for Work-from-Home arrangements\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/08\/Thailand-is-considering-a-new-Labor-law-for-Work-from-Home-arrangements-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/08\/Thailand-is-considering-a-new-Labor-law-for-Work-from-Home-arrangements-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/08\/Thailand-is-considering-a-new-Labor-law-for-Work-from-Home-arrangements-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/08\/Thailand-is-considering-a-new-Labor-law-for-Work-from-Home-arrangements-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/08\/Thailand-is-considering-a-new-Labor-law-for-Work-from-Home-arrangements-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/08\/Thailand-is-considering-a-new-Labor-law-for-Work-from-Home-arrangements-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/08\/Thailand-is-considering-a-new-Labor-law-for-Work-from-Home-arrangements.png 990w\" sizes=\"(max-width: 705px) 100vw, 705px\" \/><\/div><\/div><figcaption class='av-inner-masonry-content site-background'><div class='av-inner-masonry-content-pos'><div class='av-inner-masonry-content-pos-content'><div class='avia-arrow'><\/div><h3 class='av-masonry-entry-title entry-title '  itemprop=\"headline\" >Thailand is considering a new Labor law for Work-from-Home arrangements<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >23\/08\/2022<br \/>\r\nThe Thai parliament has recently passed the first reading of the so-called Work-from-home Bill, which seeks to amend the country\u2019s Labour Protection Act (LPA).<\/div><span class='av-masonry-date meta-color updated'>ao\u00fbt 23, 2022<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>par jonathan<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><!--end av-masonry entry--><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-mw4lq3-4d1f7b909685b16735a77d3969f438e4\">\n#top .hr.hr-invisible.av-mw4lq3-4d1f7b909685b16735a77d3969f438e4{\nheight:160px;\n}\n<\/style>\n<div  class='hr av-mw4lq3-4d1f7b909685b16735a77d3969f438e4 hr-invisible  avia-builder-el-73  el_after_av_masonry_entries  el_before_av_hr  avia-builder-el-first '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-2t7ggu-2a4c1573616b55e3f23896ce5c09b120\">\n#top .hr.hr-invisible.av-2t7ggu-2a4c1573616b55e3f23896ce5c09b120{\nheight:160px;\n}\n<\/style>\n<div  class='hr av-2t7ggu-2a4c1573616b55e3f23896ce5c09b120 hr-invisible  avia-builder-el-74  el_after_av_hr  avia-builder-el-last '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><\/p><\/div>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-l94jsj-fece82020c76855b981a9880bf2eccd9\">\n.avia-section.av-l94jsj-fece82020c76855b981a9880bf2eccd9{\nbackground-color:#dfeef6;\n}\n<\/style>\n<div id='av_section_4'  class='avia-section av-l94jsj-fece82020c76855b981a9880bf2eccd9 main_color avia-section-default avia-no-border-styling  avia-builder-el-75  el_after_av_one_full  el_before_av_postcontent  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-10887'><div class='entry-content-wrapper clearfix'>\n\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-h7ba0z-9b6555d734cf94ef55ca0c69cce7df54\">\n#top 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Services<\/a>\r\n[\/av_textblock]\r\n\r\n[av_textblock textblock_styling_align='' textblock_styling='' textblock_styling_gap='' textblock_styling_mobile='' size='' av-medium-font-size='' av-small-font-size='' av-mini-font-size='' font_color='' color='' id='' custom_class='text_footer' template_class='' element_template='' one_element_template='' av_uid='av-ktlg2syb' sc_version='1.0' admin_preview_bg='']\r\n<a href=\"https:\/\/belaws.com\/thailand\/privacy-policy\/\">Privacy Policy<\/a>\r\n[\/av_textblock]\r\n\r\n[av_textblock textblock_styling_align='' textblock_styling='' textblock_styling_gap='' textblock_styling_mobile='' size='' av-medium-font-size='' av-small-font-size='' av-mini-font-size='' font_color='' color='' id='' custom_class='text_footer' template_class='' element_template='' one_element_template='' av_uid='av-l4qg5rqo' sc_version='1.0' admin_preview_bg='']\r\n<a href=\"https:\/\/belaws.com\/thailand\/sitemap\/\" target=\"_blank\" 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href=\"https:\/\/belaws.com\/thailand\/\">Thailand<\/a>\r\n[\/av_textblock]\r\n\r\n[av_textblock textblock_styling_align='' textblock_styling='' textblock_styling_gap='' textblock_styling_mobile='' size='' av-medium-font-size='' av-small-font-size='' av-mini-font-size='' font_color='' color='' id='' custom_class='text_footer' template_class='' element_template='' one_element_template='' av_uid='av-lhr29uj7' sc_version='1.0' admin_preview_bg='']\r\n<a title=\"Singapore\" href=\"https:\/\/belaws.com\/singapore\/\">Singapore<\/a>\r\n[\/av_textblock]\r\n\r\n[av_textblock textblock_styling_align='' textblock_styling='' textblock_styling_gap='' textblock_styling_mobile='' size='' av-medium-font-size='' av-small-font-size='' av-mini-font-size='' font_color='' color='' id='' custom_class='text_footer' template_class='' element_template='' one_element_template='' av_uid='av-lhr2ac1f' sc_version='1.0' admin_preview_bg='']\r\n<a title=\"Hong Kong\" href=\"https:\/\/belaws.com\/hong-kong\/\">Hong 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column_boxshadow_width='10' background='bg_color' background_color='' background_gradient_direction='vertical' background_gradient_color1='#000000' background_gradient_color2='#ffffff' background_gradient_color3='' src='' attachment='' attachment_size='' background_position='top left' background_repeat='no-repeat' highlight_size='1.1' animation='' link='' linktarget='' link_hover='' title_attr='' alt_attr='' mobile_display='' id='' custom_class='' template_class='' aria_label='' element_template='' one_element_template='' av_uid='av-2l05h5' sc_version='1.0']\r\n\r\n[av_codeblock wrapper_element='' wrapper_element_attributes='' codeblock_type='' alb_description='' id='' custom_class='text_footer2' template_class='' av_uid='av-kto21ugo' sc_version='1.0']\r\n<img decoding=\"async\" src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/copyright.svg\" alt=\"Legal Services Thailand\" class=\"svg_copyright\" title=\"Legal Services Thailand\"><span style =\"color:white;font-size:12px\">Belaws 2017 - 2025. \r\n<br>Belaws provides information and software only. Belaws is not a \"lawyer referral service\" and does not provide legal service or participate in any legal representation.\r\n<br>Belaws is not a law firm or a substitute for an attorney or a law firm. 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