{"id":16943,"date":"2025-10-09T06:42:54","date_gmt":"2025-10-08T23:42:54","guid":{"rendered":"https:\/\/belaws.com\/thailand\/?p=16943"},"modified":"2025-11-10T09:54:34","modified_gmt":"2025-11-10T02:54:34","slug":"how-to-start-a-business","status":"publish","type":"post","link":"https:\/\/belaws.com\/thailand\/fr\/comment-creer-une-entreprise\/","title":{"rendered":"Comment cr\u00e9er une entreprise avec une propri\u00e9t\u00e9 \u00e0 100 %"},"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\" ><nav aria-label=\"breadcrumbs\" class=\"rank-math-breadcrumb\"><p><span class=\"last\">Home<\/span><\/p><\/nav>\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-1  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-16943'><div class='entry-content-wrapper clearfix'>\n<div class='flex_column av-gmj0k-ac56bb06b98c278ca7684f46c4d7723e av_one_half  avia-builder-el-2  avia-builder-el-no-sibling  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>Legal<\/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><b>How to Start a Business with 100% Ownership <\/b><b>in Thailand<\/b><\/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-5  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-1fxfaa0-c49fa684a6192235599f3a9c6aa1ca4f\">\n#top .av-post-metadata-container.av-1fxfaa0-c49fa684a6192235599f3a9c6aa1ca4f{\ncolor:#1a4367;\n}\n<\/style>\n<div  class='av-post-metadata-container av-1fxfaa0-c49fa684a6192235599f3a9c6aa1ca4f av-metadata-container-align-left  avia-builder-el-6  el_after_av_hr  el_before_av_hr  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\" >novembre 10, 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\" >octobre 9, 2025<\/span><\/span><\/span><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-l1i61b-b638cf78cf2defb439fa7b43920ddd8e\">\n#top .hr.hr-invisible.av-l1i61b-b638cf78cf2defb439fa7b43920ddd8e{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-l1i61b-b638cf78cf2defb439fa7b43920ddd8e hr-invisible  avia-builder-el-7  el_after_av_post_metadata  avia-builder-el-last '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><\/p><\/div>\n\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='av_section_2'  class='avia-section av-2sy44gf-b85efb8a63a5ca1cffa5f51f315b8ae9 main_color avia-section-no-padding avia-no-border-styling  avia-builder-el-8  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-16943'><div class='entry-content-wrapper clearfix'>\n<div class='flex_column av-26c250v-2498f3325c476c824236a14a4246c355 av_one_half  avia-builder-el-9  el_before_av_one_half  avia-builder-el-first  first av-break-at-tablet flex_column_div '   ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1nn86a7-d8665865f6de631cfe13c489486f9f9a\">\n#top .av_textblock_section.av-1nn86a7-d8665865f6de631cfe13c489486f9f9a .avia_textblock{\ncolor:#ffffff;\n}\n<\/style>\n<section  class='av_textblock_section av-1nn86a7-d8665865f6de631cfe13c489486f9f9a'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock post_text_highlighting av_inherit_color'  itemprop=\"text\" ><p>TL;DR: <span style=\"font-weight: 400;\">How to start a business in Thailand as a foreigner largely depends on your chosen structure and activities. While the Foreign Business Act (FBA) restricts foreign participation in over 50 industries, there are several legitimate ways to achieve 100% ownership. Foreign investors can register export or manufacturing businesses without restrictions, or apply for a BOI promotion from the Board of Investment Thailand. BOI benefits for foreign investors include access tax incentives, land ownership rights, and visa flexibility.\u00a0<\/span><\/p>\n<\/div><\/section><\/div><div class='flex_column av-18h9ojz-6f4d6618a8333e3016d6ea158b9a1bcd av_one_half  avia-builder-el-11  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-lca433-867288c206776eb1a16b2e57ed0db0ab\">\n.avia-image-container.av-lca433-867288c206776eb1a16b2e57ed0db0ab .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-lca433-867288c206776eb1a16b2e57ed0db0ab av-styling- avia-align-center  avia-builder-el-12  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-16946 avia-img-lazy-loading-not-16946 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2025\/10\/How-to-Start-a-Busin._imresizer-_1_-1030x832.webp\" alt='Investment opportunities in Thailand' title='Investment opportunities in Thailand'  height=\"832\" width=\"1030\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2025\/10\/How-to-Start-a-Busin._imresizer-_1_-1030x832.webp 1030w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2025\/10\/How-to-Start-a-Busin._imresizer-_1_-300x242.webp 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2025\/10\/How-to-Start-a-Busin._imresizer-_1_-768x621.webp 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2025\/10\/How-to-Start-a-Busin._imresizer-_1_-1536x1241.webp 1536w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2025\/10\/How-to-Start-a-Busin._imresizer-_1_-15x12.webp 15w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2025\/10\/How-to-Start-a-Busin._imresizer-_1_-1500x1212.webp 1500w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2025\/10\/How-to-Start-a-Busin._imresizer-_1_-495x400.webp 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2025\/10\/How-to-Start-a-Busin._imresizer-_1_-845x684.webp 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2025\/10\/How-to-Start-a-Busin._imresizer-_1_-705x570.webp 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2025\/10\/How-to-Start-a-Busin._imresizer-_1_.webp 1761w\" sizes=\"(max-width: 1030px) 100vw, 1030px\" \/><\/div><\/div><\/div><\/div>\n\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='av_section_3'  class='avia-section av-3a8r8sf-104b63d9b06a901b648116e87f5a56ad main_color avia-section-no-padding avia-no-border-styling  avia-builder-el-13  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-16943'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-2yq2ty7-7b3d54cce20097145b0ebe290f1c0b27\">\n#top .hr.hr-invisible.av-2yq2ty7-7b3d54cce20097145b0ebe290f1c0b27{\nheight:100px;\n}\n<\/style>\n<div  class='hr av-2yq2ty7-7b3d54cce20097145b0ebe290f1c0b27 hr-invisible  avia-builder-el-14  el_before_av_one_full  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-2p3t4in-0fc14347ffb7c82350dd11278869d44f av_one_full  avia-builder-el-15  el_after_av_hr  avia-builder-el-last  first av-break-at-tablet flex_column_div '   ><p><section  class='av_textblock_section av-2254r27-2e2131946130608a954793d197b72f11'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_18'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">If you\u2019re planning to start a business in Thailand, one of the first questions you\u2019ll likely ask is whether full foreign ownership is possible. For most business activities commonly chosen by foreign investors, Thai law requires that Thai nationals hold at least 51% of the company\u2019s shares. <\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-1flin7j-7d8530e519f84d22de8d94e6e904dd5b'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_18'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">However, there are several legal pathways that allow foreign entrepreneurs to maintain 100% ownership, depending on the nature of the business and the structure chosen. In this blog, we will explore these options and the requirements for obtaining them.<\/span><\/p>\n<\/div><\/section><br \/>\n<div  class='avia-button-wrap avia-button-left  avia-builder-el-18  el_after_av_textblock  avia-builder-el-last  bouton-cta' ><a href=\"https:\/\/wa.me\/+66636955945\" class=\"avia-button av-rpwzzz-94c0d87d5691cb861d543a82706772cd 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><\/p><\/div>\n\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-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4\">\n.avia-section.av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4{\nbackground-color:#fafafa;\n}\n<\/style>\n<div id='av_section_4'  class='avia-section av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4 main_color avia-section-default avia-no-border-styling  avia-builder-el-19  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-16943'><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-20  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-21  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-2aclui-2fabfe8b613831a5c849b3ef4e2a1686\">\n#top .av_textblock_section.av-2aclui-2fabfe8b613831a5c849b3ef4e2a1686 .avia_textblock{\ncolor:#ffffff;\n}\n<\/style>\n<section  class='av_textblock_section av-2aclui-2fabfe8b613831a5c849b3ef4e2a1686'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock post_text_highlighting av_inherit_color'  itemprop=\"text\" ><h2 style=\"text-align: left;\">Key Points<\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Foreign Business Act Thailand prohibits or restricts foreigners from engaging in over 50 categories of business activities, categorised into three lists.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A Foreign Business License (FBL) allows foreigners to operate restricted activities if their business provides significant benefit to Thailand, though approval is difficult.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Export and manufacturing businesses can be fully foreign-owned without FBLs or Thai partners.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A BOI Promotion in Thailand provides 100% foreign ownership. Other BOI benefits for foreign investors include tax exemptions, land ownership rights, and visa\/work permit flexibility.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Treaty of Amity Thailand grants US-majority-owned companies the right to operate with full foreign ownership, subject to sectoral restrictions.<\/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-23  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-mde7exf4-5f62bc650f73ca7d9877967c9f984417'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2><b>How does The Foreign Business Act (FBA) Affect Foreign Investors?<\/b><\/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;\">Although Thailand continues to encourage foreign investment, certain business activities remain restricted exclusively for Thai nationals. These restrictions are established by the Foreign Business Act (FBA), which was introduced to regulate the activities of foreign individuals and entities in Thailand.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mdo73n7v-8d3dcfcd2f42ab734517bc39dd90c4e2'  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 FBA, there are more than 50 categories of restricted business activities in Thailand. For companies engaged in these activities, foreign ownership is limited to a maximum of 49.99%, unless the company obtains a Foreign Business License (FBL) or has obtained a promotion from the Board of Investment Thailand (BOI).<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfdp5lk5-a5ce7876f5269c7072927ece9226a5c1'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">If foreign nationals hold 50% or more of the company&#8217;s shares, the company will be considered as a foreign company.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is also important to point out that the use of nominee shareholders is strictly prohibited in Thailand. A nominee shareholder refers to a Thai individual who holds shares on behalf of a foreigner without having any genuine rights, responsibilities, or control over the company.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1t2khoa-fab8689ad358047e7c82a6868a60650c\">\n#top .hr.hr-invisible.av-1t2khoa-fab8689ad358047e7c82a6868a60650c{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-1t2khoa-fab8689ad358047e7c82a6868a60650c 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-mfz3qqgr-8a65c7841614a679b5db043119e19d40'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3><strong>Who does the Foreign Business Act Consider a Foreigner?<\/strong><\/h3>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-7aiz9rx-ff3470cc407633a1d5ff7c70fe31a2d3\">\n#top .hr.hr-invisible.av-7aiz9rx-ff3470cc407633a1d5ff7c70fe31a2d3{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-7aiz9rx-ff3470cc407633a1d5ff7c70fe31a2d3 hr-invisible  avia-builder-el-30  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-mfdp5zpl-e5ee349523ded17c2c7074b46e387101'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Section 4 of the Foreign Business Act provides the definition for what is considered a foreigner:<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnu3w2p-d0fbcda9031347475c422a5afe7b0c19'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A natural person who is not a Thai national.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A juristic person not registered in Thailand.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A juristic person registered in Thailand where:<\/span>&nbsp;\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">At least half of the capital shares are held by persons described in (1) or (2), or<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Foreign persons under (1) or (2) hold an investment equivalent to at least half of the company\u2019s total capital.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">A limited partnership or registered ordinary partnership in which the managing partner or manager is a person under (1).<\/span>&nbsp;<\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A juristic person registered in Thailand where at least half of the capital shares are held by persons described in (1), (2), or (3), or where foreign investment in the company is equivalent to at least half of the total capital.<\/span><\/li>\n<\/ol>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-6l9hi2l-6b44bc8a9ac26a53c9e7610dea7b6648\">\n#top .hr.hr-invisible.av-6l9hi2l-6b44bc8a9ac26a53c9e7610dea7b6648{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-6l9hi2l-6b44bc8a9ac26a53c9e7610dea7b6648 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-mghp2bqa-42a9ebaa45f96d077ddbb52a68ae78f8'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3><strong>What are Considered Restricted Activities Under the Foreign Business Act?<\/strong><\/h3>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-2f99hvz-31e206ad8501592b610ba6ff53e1bbc6\">\n#top .hr.hr-invisible.av-2f99hvz-31e206ad8501592b610ba6ff53e1bbc6{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-2f99hvz-31e206ad8501592b610ba6ff53e1bbc6 hr-invisible  avia-builder-el-35  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-mde7frcf-aa453b5718489446185c7d4354c833ff'  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 <a href=\"https:\/\/belaws.com\/thailand\/foreign-business-act-thailand\/\">Foreign Business Act<\/a> Thailand (FBA), foreign business restrictions apply to approximately 50 business sectors. These restricted activities are organised into three separate lists.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghp33uv-aa52b5b25aca8a3b22fedd0546e7865d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><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 there is no approval available for a foreigner or foreign entity to obtain.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghp3cv7-5defd5fbd8c75ef6d9f11dac0b8c663b'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><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 very difficult to obtain such approval.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghp3n0z-f0d7932909c07a51882f9621b33f5f3f'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">List three Foreigners and foreign entities are prohibited from engaging in list three activities on the grounds that \u201cThai nationals are not ready to compete\u201d with foreigners. It is possible for foreigners and foreign entities to 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 categories of service business except those prescribed by ministerial regulations\u201d.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-24kpm9b-4ca7d407da71443241e51d53f1e10a70\">\n#top .hr.hr-invisible.av-24kpm9b-4ca7d407da71443241e51d53f1e10a70{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-24kpm9b-4ca7d407da71443241e51d53f1e10a70 hr-invisible  avia-builder-el-40  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-mfnu5jfp-1ecd721722316dc444de9f62276fbf6d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Foreign Business Licenses (FBL)<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghp4xfj-624aeba5929281de135ed19c845ae74f'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Foreign businesses that wish to engage in activities listed under List 2 or List 3 of the Foreign Business Act (FBA) as a fully or majority foreign owned business must first obtain a Foreign Business License (FBL). <\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfz3sd5a-0212265891dac649c7d8a6197133f3da'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">By obtaining a FBL, foreign or majority foreign owned companies will be granted permission to engage in restricted activities without the need to have a Thai partner.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The application for an FBL is submitted to the Department of Business Development (DBD) and then reviewed by either the Cabinet or the Foreign Business Committee, depending on the business activity involved.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfz3sn4b-a6d497e90356f211586fc2bdc254db3e'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">When assessing applications, authorities consider a range of factors, such as:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The impact on national security, safety, and stability<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Contribution to economic and social development<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The scale of the enterprise<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Opportunities for local employment and skill transfer<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfz3sugf-87564d743e9888f8071423298b6b2e86'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">When applying for a <a href=\"https:\/\/belaws.com\/thailand\/obtaining-a-foreign-business-license\/\">Foreign Business License<\/a> in Thailand, approval is more likely when the business can clearly demonstrate that it will deliver meaningful benefits to the country. This includes contributing to Thailand\u2019s economic growth, creating jobs for local employees, or introducing advanced technology and expertise that may not otherwise be available domestically.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghp5r7i-ab7f8e756a26511b79689d4eda667c29'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Authorities also prioritise projects that help protect and promote national interests through either knowledge transfer, sustainable practices, or supporting the government\u2019s broader development goals.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, the applicants should not be in direct competition with Thai-owned businesses and should complement or strengthen existing industries.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-500h98f-e3757a8bb9d8bccb8362fb85cbca97d7\">\n#top .hr.hr-invisible.av-500h98f-e3757a8bb9d8bccb8362fb85cbca97d7{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-500h98f-e3757a8bb9d8bccb8362fb85cbca97d7 hr-invisible  avia-builder-el-47  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-mfdpokkn-fc5cb916c61f0168342a1aba1a0aeeca'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Activities Allowing 100% Foreign Ownership in Thailand Without Special Permissions<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mde7j11w-e375dbdf26dd2b3530f0ee09bcb24afa'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Thai law allows companies to be 100% foreign owned, however, depending on the business activities undertaken by the company, there may be limits and foreign business restrictions applied, for example, on foreign ownership.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unrestricted business activities in Thailand that allow <a href=\"https:\/\/belaws.com\/thailand\/foreign-business-ownership\/\">100% ownership<\/a> as foreigner without having to obtain a FBL or other form of permission include:<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfz3tzp4-91ac538c8fef359d14da943d88192c29'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><strong>Export Companies<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">One of the most straightforward paths to 100% ownership is by starting an export company in Thailand. Thai law encourages exports, and companies exclusively exporting products outside Thailand are eligible for full foreign ownership.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfz3u8gw-cf4a89bb0e7475862c04f4b394f038a1'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">However, only an export business in Thailand, whose income and operations are strictly international, may be fully foreign-owned. It is important to note that these companies are prohibited from selling directly within the Thai domestic market.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Read more:<\/span><\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/import-export-companies\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Starting an export company in Thailand<\/span><\/a><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfz3uhqs-3c2f2acaba61fbff4535fb4f41b132c4'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><strong>Manufacturing Companies<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Operating a manufacturing business in Thailand can generally be 100% foreign-owned in Thailand. Unlike many other business activities, manufacturing is not on Thailand\u2019s \u201crestricted\u201d list for foreign ownership under the Foreign Business Act (FBA). This allows foreign investors to own and operate manufacturing businesses without needing a Thai partner.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfz3urzg-b7e74171062c5025f3c566c607029eac'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Another advantage for manufacturing companies is their eligibility for a BOI promotion. BOI promotions offer many advantages including different types of tax exemptions including Corporate Income Tax exemptions and tax exemptions on import of machinery. BOI promotions can also allow full foreign ownership and the ability to own land which can be used for their factory etc.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfz3v0sa-860aa2ac84cdce6eb8fde51dd1e406ba'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><strong>Representative Offices<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">A <\/span><a href=\"https:\/\/belaws.com\/thailand\/incorporation\/representative-office\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Representative Office<\/span><\/a><span style=\"font-weight: 400;\"> in Thailand can serve as an alternative for companies wanting a local presence without commercial activities. Representative Offices in Thailand are limited to specific activities, such as market research, product sourcing, and customer support on behalf of a parent company abroad.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghp7r0m-4efb671245429a6c034f45d5a43509bc'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">While Representative Offices can be wholly foreign-owned, they cannot generate revenue in Thailand. This setup is ideal for companies needing a base in Thailand to support regional activities, maintain brand visibility, or gain market insights without engaging in direct sales.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Learn more about Representative Offices <\/span><a href=\"https:\/\/belaws.com\/thailand\/representative-office-branch-office-thailand\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">here<\/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-hl6ura-f9d5be1d3df2b104c0d62cdf5ae4477f\">\n#top .hr.hr-invisible.av-hl6ura-f9d5be1d3df2b104c0d62cdf5ae4477f{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-hl6ura-f9d5be1d3df2b104c0d62cdf5ae4477f hr-invisible  avia-builder-el-56  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-m8foyfeu-71947efd2d6eb09c93152cb9ca5dcba5'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>How can a Board of Investment (BOI) Promotion Help Foreign Companies?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mdo7b063-be08e5efdc07b6faae707ff90b460b0e'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">For foreign entrepreneurs, applying for a Board of Investment (BOI) promotion in Thailand can be a major advantage. A BOI promotion in Thailand gives businesses access to valuable incentives and benefits that make it easier to operate and grow in the Thai market.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfamcqka-add983c47e61e773f8f5dc75fe3b4987'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">A common misconception is that the BOI will only support projects which are technologically advanced or with a heavy emphasis on technology, however, this is not the case and the BOI offers promotions for many different business activities.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfdpz847-b8179e8365e7c3d15b1c9bce077b6645'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">The BOI offers promotions across a wide variety of different business activities including digital and software activities, manufacturing, real estate, and business process outsourcing (BPO), including back-office support services. The <a href=\"https:\/\/belaws.com\/thailand\/new-boi-thailand-rules\/\">BOI<\/a> also offers a promotion which covers various service-oriented businesses, called the <a href=\"https:\/\/belaws.com\/thailand\/tiso-promotion-boi\/\">TISO<\/a> (Thailand Investment Support Office).<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghpa0wm-6774f0cf85a0a870e76764a239e4048d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Another important fact is that most BOI-promoted projects in Thailand have relatively low minimum capital requirements, which vary depending on the type of business activity and the promotion category. In many cases, projects can qualify with an investment of as little as 1 million THB, making BOI promotion accessible even to smaller ventures. <\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghpaaep-b6d09be543d6347722c656b572d01234'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">This is significantly less than the capital typically required by non-BOI companies to support foreign work permits, normally 2 million THB per work permit. As a result, BOI promotion provides a more affordable and flexible route for foreign investors looking to establish and operate a fully foreign-owned business in Thailand.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghpahbt-b93eb47f89ae20f5bdf10aae88bdf0c0'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">This wide scope of eligible activities means that a BOI promotion in Thailand is likely to have a promotional package that could cover your business activities. We always recommend the first step for a foreign investor in Thailand is check whether your company is eligible for a BOI promotion.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghpard1-a8a8240cf565203c43f4bde7936f1464'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">BOI promoted companies have access to great benefits that are not available to other business structures in Thailand such as:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">100% foreign ownership in Thailand,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Possibility for land ownership<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">tax exemptions and\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">relaxed rules for work permits and visas.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">For more information about the BOI, including eligibility, benefits, and the obligations of running a BOI-promoted company, download our<a href=\"https:\/\/belaws.com\/thailand\/boi-free-handbook\/\"> free BOI eBook<\/a>.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfamcwum-b64b550784e05e2ce616dd4b3bf704b0'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Read more:<\/span><\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/why-a-boi-promotion-can-help\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Why a BOI Promotion in Thailand Can Help Your Business<\/span><\/a><\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/thailand-tax-incentives-from-the-boi\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Thailand Tax Incentives for Foreign Investors from the BOI<\/span><\/a><\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/boi-business-activities\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Discover the Qualifying Business Activities for a BOI Promotion in Thailand<\/span><\/a><\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/boi-company-formation\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">BOI Company Formation in Thailand<\/span><\/a><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-2fnm19s-7c7d5f8ce606295d6593227988bef52e\">\n#top .hr.hr-invisible.av-2fnm19s-7c7d5f8ce606295d6593227988bef52e{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-2fnm19s-7c7d5f8ce606295d6593227988bef52e hr-invisible  avia-builder-el-66  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-28g0qe-ff5fae316dae0cd5cc84c22695f41bc6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Industrial Estate Authority of Thailand (IEAT)<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mdo86slm-4197b4c238b5353833d41d260566f79b'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">The Industrial Estate Authority of Thailand (IEAT) is operated by the Ministry of Industry and has been designed to develop and manage industrial estates and ports in Thailand and provides eligible businesses with a wide range of benefits. These include the ability to hold 100% foreign ownership, as well as access to a one-stop service centre (OSS) that supports companies through every stage of the process.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnuk08q-42e800fc0f781a032ada5955fc14df44'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">In addition to administrative support, the IEAT Thailand also offers a combination of tax incentives (such as exemptions on import duties for raw materials and machinery) and non-tax benefits (including permission to own land within industrial estates and simplified visa and work permit processes for foreign staff).<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfz4228z-ae84111b2e0234bb7f8c9235d7f06e35'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">However, companies operating within the IEAT Thailand are also subject to certain requirements, including:<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghpk9yi-81a917bb9b5a06a9114054108c759ca8'  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;\">Locating Operations in IEAT Zones: Businesses must set up within an approved industrial estate or free zone to qualify.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Environmental and Safety Standards: Companies must comply with strict environmental, safety, and waste management regulations.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reporting Requirements: Regular compliance reports, including details of operations, employment, and environmental impact, must be submitted to the IEAT.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Activity Limitations: Businesses must operate within the approved activity scope defined in their IEAT license.<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghpkh9p-5a899fcfc69278b10a954458ee1591ac'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">The IEAT also promotes the hiring of foreign skilled workers within the industrial zones who possess talent with specialised knowledge and expertise. This allows businesses to hire professionals who can contribute to the growth and development of their operations.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The IEAT will approve the hiring of the following positions:<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghpkrw3-c482d85f5e42c9f5ac9475120ceb6944'  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;\">directors,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">presidents,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">finance and administration personnel,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">executive assistants,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">factory assistants,\u00a0\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">marketing,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">export, and\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">sales professionals.<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-z2x1dp-fc9b5fc687ef08e9ab26e78096a0796d\">\n#top .hr.hr-invisible.av-z2x1dp-fc9b5fc687ef08e9ab26e78096a0796d{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-z2x1dp-fc9b5fc687ef08e9ab26e78096a0796d hr-invisible  avia-builder-el-74  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-k6q1z1-3e71def6c3fe9e2244dcaf495ae5f699'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Eastern Economic Corridor (EEC)<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnuu6wb-9c75b906cfe4cdbb9adc9661baf0bcda'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">The Eastern Economic Corridor (EEC) is a special economic zone that operates in the following Thai provinces, Chachoengsao, Chonburi, and Rayong. The EEC in Thailand was designed to help push the \u201cThailand 4.0\u2033 economic model\u201d, which looks to move the Thai economy into a high-tech, value-based economy.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghpmdah-e48007d8d269baa1870db4133932a54e'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><strong>What Business Activities are Eligible for a Promotion from the EEC in Thailand?<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">While the BOI offers a broad range of promotions spanning across many different industries, the EEC is much more limited in scope. Eligibility for the EEC is only available to Thailand 4.0 policy\u2019s vision of fostering advanced industries. The EEC is available for companies within the following sectors: <\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghpmq8c-d58ba6d02428a7596b741c12eabbe822'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">The new next-generation sectors:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">next-generation automotive,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">intelligent electronics,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">advanced agriculture and biotechnology,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">food for the future,<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">high-value and medical tourism, and digital technologies,<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Automation and robotics,<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Aviation and logistics<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Biofuel and biochemical<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Defence<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Education &amp; HR <\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghpnagw-55672bc6e3bdbaabbca5b84986df567e'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><strong>What Benefits are Offered by the EEC?<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Eligible projects within the EEC are eligible for the following attractive incentives:<\/span><\/p>\n<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;\">corporate tax exemptions of up to 15 years,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">exemption from import duties,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">matching grants.<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghpo42m-d2462e54b012ba2184837f41ad5ceb50'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Foreign employees who work for companies that have been granted a promotion from the EEC are also eligible for the EEC visa which has the following benefits:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">All EEC visa holders will be granted a work permit<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A flat Personal Income Tax Rate of 17% (instead of the progressive rate up to 35%).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">10 Year validity<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Multiple entry visa<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Use of the Fast-Track Channel at selected airports.<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghpoq2w-f54a55e6acd88fc80a384aa41fa6d0ee'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Read more:<\/span><\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/boi-or-eec\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">BOI or EEC, Which is Best for your Business in Thailand?<\/span><\/a><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1qfjppr-a691cd54a4fd03010d0b7b938c1c7afa\">\n#top .hr.hr-invisible.av-1qfjppr-a691cd54a4fd03010d0b7b938c1c7afa{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-1qfjppr-a691cd54a4fd03010d0b7b938c1c7afa hr-invisible  avia-builder-el-82  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-mghpp89r-b414f4e137957384cd46925f69d2a597'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Treaty of Amity: For US Investors<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghppl0u-ce2ae2bcf2c238122880db02041ad881'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">The Treaty of Amity, originally signed in 1833 and amended in 1966, allows U.S. citizens and businesses incorporated in the U.S., or those majority-owned by U.S. citizens, to enjoy certain privileges when operating in Thailand.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghppukn-4b8cd35ac1fc56e779b95cff022527c0'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">The Treaty of Amity grants national treatment, enabling American companies to engage in business activities on similar terms as Thai companies and exempting them from most restrictions on foreign investment imposed by the Foreign Business Act of 1999.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghpq5nc-55ff9da018d3b918daea7b7f6f2c6617'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><strong>What is considered a US Company?<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">The Ministry Of Commerce in Thailand has established the qualifications for a U.S. company to be eligible for the protections offered by the Treaty of Amity are as follows:<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghpqdtr-a2d99790b56d51511b8dd15796352925'  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;\">The applicant must be Juristic person incorporated under the laws of Thailand or the United States of America;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">At least 51% of the shares must be held by American nationality;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">More than half of the directors must be American and\/or Thai persons;<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">If one director is authorized to sign on behalf of the company, such director must not be of a third-country nationality;\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">If more than one director is jointly authorized to sign on behalf of the company, the majority of such directors must not be of a third-country nationality; and<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">If there is any non-US authorized director, he or she must always co-sign with a US authorized director to bind the company).<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghpr2a6-84f7125192fba9306f8c148598303211'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><strong>What are the benefits of the Treaty of Amity for American companies in Thailand?<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Under the Treaty of Amity, U.S. companies enjoy two major benefits:<\/span><\/p>\n<h4><span style=\"font-weight: 400;\">Ownership Rights<\/span><\/h4>\n<p><span style=\"font-weight: 400;\">American companies can maintain a majority shareholding or wholly own their company, branch office, or representative office in Thailand. This allows for greater control and flexibility in managing business operations.<\/span><\/p>\n<h4><span style=\"font-weight: 400;\">National Treatment<\/span><\/h4>\n<p><span style=\"font-weight: 400;\">American companies receive national treatment, which means they can engage in business activities on the same basis as Thai companies. This exemption from restrictions on foreign investment provides a competitive edge and opens doors to a wide range of opportunities in various industries.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghprmei-04cbf7eacc783c90e41761c90a6832d5'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><strong>Are there any limitations and\/or restrictions for Treaty of Amity companies?<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">While the Treaty of Amity offers numerous advantages, there are certain limitations and restrictions that American investors should be aware of. For example, Treaty of Amity promoted companies are restricted for engaging in the business activities relating to:<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mghpruca-440d90412fbc1207ff219cd882a2ee5f'  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;\">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;\">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; and<\/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\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-11z1r67-a3ebad6c93b6cc2dfe1364dc352c288c\">\n#top .hr.hr-invisible.av-11z1r67-a3ebad6c93b6cc2dfe1364dc352c288c{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-11z1r67-a3ebad6c93b6cc2dfe1364dc352c288c hr-invisible  avia-builder-el-91  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-ugt3ov-0e73f2563c116087b489cae78390c46c'  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-mghps835-8e9da67c42068d05f742a6522bf86d79'  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 of a business 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-94  el_after_av_textblock  el_before_av_textblock  bouton-cta' ><a href=\"https:\/\/wa.me\/+66636955945\" class=\"avia-button av-2jecc0-9f69b555aea8f785c4fda44efe1a4647 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-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-96  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' ><a target=\"_blank\" aria-label=\"Partager sur Facebook\" 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data-created_by=\"avia_inline_auto\" id=\"style-css-av-azojo-579066a9c00326fe6e27750dab5941cf\">\n.flex_column.av-azojo-579066a9c00326fe6e27750dab5941cf{\nborder-width:1px;\nborder-color:#dddddd;\nborder-style:solid;\nborder-radius:20px 20px 20px 20px;\n-webkit-border-radius:20px 20px 20px 20px;\n-moz-border-radius:20px 20px 20px 20px;\npadding:45px 45px 45px 45px;\nbackground-color:#ffffff;\n}\n<\/style>\n<div class='flex_column av-azojo-579066a9c00326fe6e27750dab5941cf av_one_third  avia-builder-el-98  el_after_av_two_third  avia-builder-el-last  Sticky_CTA av-break-at-tablet flex_column_div '   ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-mhcq78hg-8590da183d32c6a99dcc0df2a550f5e3\">\n#top .av_textblock_section.av-mhcq78hg-8590da183d32c6a99dcc0df2a550f5e3 .avia_textblock{\ncolor:#1a4367;\n}\n<\/style>\n<section  class='av_textblock_section av-mhcq78hg-8590da183d32c6a99dcc0df2a550f5e3'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock titleebook av_inherit_color'  itemprop=\"text\" ><h2 style=\"text-align: center;\"><strong>Receive <\/strong><strong>our<br \/>\nBOI Handbook<\/strong><\/h2>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksln7w2o-0134baf1cb7e03e415e0a9e1a2577174\">\n#top .hr.hr-invisible.av-ksln7w2o-0134baf1cb7e03e415e0a9e1a2577174{\nheight:80px;\n}\n<\/style>\n<div  class='hr av-ksln7w2o-0134baf1cb7e03e415e0a9e1a2577174 hr-invisible  avia-builder-el-100  el_after_av_textblock  el_before_av_image  av-desktop-hide'><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-kslkhjve-1108e6cd0fb9769b85ac23d39de7da34\">\n.avia-image-container.av-kslkhjve-1108e6cd0fb9769b85ac23d39de7da34 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class='avia-button-wrap avia-button-center  avia-builder-el-103  el_after_av_hr  el_before_av_hr  bouton-cta' ><a href=\"https:\/\/belaws.com\/thailand\/boi-free-handbook\/\" class=\"avia-button av-j4oxcr-284a91e7acd7feea2f4f96fcd6fc4de6 avia-icon_select-yes-right-icon avia-size-large avia-position-center avia-color-theme-color\" target=\"_blank\" rel=\"noopener noreferrer\"><span class='avia_iconbox_title' >REQUEST A FREE COPY<\/span><span class='avia_button_icon avia_button_icon_right' aria-hidden='true' data-av_icon='\ue871' data-av_iconfont='entypo-fontello'><\/span><\/a><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1xgc7i-1f7cbfe8fdc424141cc6b6f218a09d50\">\n#top .hr.hr-invisible.av-1xgc7i-1f7cbfe8fdc424141cc6b6f218a09d50{\nheight:25px;\n}\n<\/style>\n<div  class='hr av-1xgc7i-1f7cbfe8fdc424141cc6b6f218a09d50 hr-invisible  avia-builder-el-104  el_after_av_button  el_before_av_textblock '><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-p84k-5bb6c30c8241ef33ed2a24614b97b5db\">\n#top .av_textblock_section.av-p84k-5bb6c30c8241ef33ed2a24614b97b5db .avia_textblock{\nfont-size:18px;\n}\n<\/style>\n<section  id=\"freecopybanner\"  class='av_textblock_section av-p84k-5bb6c30c8241ef33ed2a24614b97b5db'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_14'  itemprop=\"text\" ><section class=\"av_textblock_section av-mgo8b1yt-6f595a92f46961cd2a4967c3a907b6a1\">\n<div class=\"avia_textblock h1_bleu freebanner av_inherit_color\">\n<p style=\"text-align: center;\"><span style=\"color: #ffffff;\"><strong>FREE 30-mins consultation <\/strong><\/span><br \/>\n<span style=\"color: #ffffff;\"> <strong>with a BOI expert<\/strong><\/span><\/p>\n<\/div>\n<\/section>\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-106  el_after_av_textblock  avia-builder-el-last  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><\/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_5'  class='avia-section av-l8ctxpd9-095dc0c75aa2de5329ec8b624b867e69 main_color avia-section-default avia-no-border-styling  avia-builder-el-107  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-16943'><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-108  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;\">FAQ<\/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-110  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-mgimvab0-7395db531f090b6d7b3b31dc5ac8d496  avia-builder-el-111  el_after_av_hr  avia-builder-el-last  av-accordion-style-2 toggle_close_all' >\n<section class='av_toggle_section av-mgimnpve-c8b95a41b4dc610c2dbf18029fc2cb76'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-1' class='toggler   '  itemprop=\"headline\"  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  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Yes, foreigners can own 100% of a business in Thailand, depending on the type of business and its structure. Activities such as export and manufacturing can be fully foreign-owned without restrictions, while other sectors may require a Foreign Business License (FBL) or Board of Investment (BOI) promotion.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mgimnz76-3ab007e8af1decd0847a5e987084d19e'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-2' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-2'>What is the Foreign Business Act (FBA) 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  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>The Foreign Business Act (FBA) is a law that regulates foreign participation in business activities in Thailand. It limits foreign ownership to 49.99% in more than 50 business categories unless an exemption applies, such as through a BOI promotion or an FBL.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mgimo9ie-e18e130b150aefa1c3f37372226e65ad'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-3' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-3'>Who is considered a foreigner under Thailand\u2019s Foreign Business Act?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-3' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Under <a href=\"https:\/\/investmentpolicy.unctad.org\/investment-laws\/laws\/40\/thailand-foreign-business-act\" target=\"_blank\" rel=\"noopener\">Section 4 of the FBA<\/a>, a foreigner includes any natural person who is not a Thai national, companies registered abroad, and Thai-registered companies where at least half of the shares or control belong to foreign nationals.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mgimohs4-8c622992fddc2057cc5c948a2f316f86'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-4' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-4'>What are restricted business activities under the Foreign Business Act?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-4' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Restricted business activities are grouped into three lists under the FBA. List 1 prohibits certain activities entirely, such as farming and land trading. Lists 2 and 3 restrict foreign participation but allow exceptions through special approvals or licenses.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mgimoqkr-c29be09fee67b7561fc70b14833713f9'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-5' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-5'>What is a Foreign Business License (FBL) in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-5' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>A Foreign Business License (FBL) allows a foreign-owned company to operate in restricted business sectors. It must be obtained from the Department of Business Development (DBD), and approval depends on factors such as the company\u2019s economic benefit to Thailand and local job creation.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mgimoznk-5f71587efc1686fec58b4a691787b39e'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-6' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-6'>How difficult is it to get a Foreign Business License in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-6' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Obtaining a Foreign Business License in Thailand can be challenging. Approval is granted only when a business can demonstrate significant benefits to Thailand, such as technology transfer, employment creation, or contribution to economic development.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mgimp8g6-f17d0063ad479668fe2c8a6cd67519e6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-7' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-7'>What types of businesses can be 100% foreign-owned in Thailand without special permission?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-7' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Export and manufacturing businesses in Thailand can be 100% foreign-owned without needing a Foreign Business License. Representative Offices can also be fully foreign-owned but are prohibited from engaging in commercial transactions.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mgimpglz-2ccbb8dfacb550b656516f6eaac98a72'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-8' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-8'>Can a foreigner own an export company in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-8' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Yes. Export businesses that sell exclusively to international markets are allowed 100% foreign ownership. However, they cannot sell directly within Thailand\u2019s domestic market.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mgimpojt-d21a7f09d30f6ed162e1feb63681a165'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-9' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-9'>Can a foreigner own a manufacturing company in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-9' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Yes. Manufacturing is not restricted under the Foreign Business Act, allowing foreigners to own 100% of a manufacturing business in Thailand. These companies can also qualify for BOI promotions that provide tax incentives and land ownership rights.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mgimpvpc-d676433f10dd8126833adc58f0122ee3'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-10' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-10'>What is a Representative Office in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-10' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>A Representative Office in Thailand is a non-trading entity that can be fully foreign-owned. It is limited to activities such as market research, sourcing, and customer support and cannot generate revenue within Thailand.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mgimq4ac-b4165ba76574311cd5c865b4fb517db8'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-11' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-11'>What is a BOI promotion in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-11' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>A BOI promotion is a government incentive program managed by the Board of Investment of Thailand. It allows 100% foreign ownership and provides benefits such as tax exemptions, land ownership rights, and relaxed visa and work permit rules.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mgimqclc-60405198288cfddc0e55d55e815f692f'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-12' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-12'>What business activities qualify for a BOI promotion in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-12' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>BOI promotions are available across various sectors, including digital technology, manufacturing, real estate, logistics, and business process outsourcing. The Thailand Investment Support Office (TISO) covers service-based industries.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mgimqkld-c05c5366856c569c606ba6bf40ea6609'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-13' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-13'>How much investment is required for a BOI-promoted company in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-13' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Most BOI-promoted projects have relatively low minimum investment requirements, starting at around 1 million THB, depending on the business activity. This is lower than the 2 million THB capital typically required for non-BOI companies per foreign work permit.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mgimqu0u-d284979ac959f87d4730bec69508843c'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-14' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-14'>What benefits does a BOI promotion offer foreign investors in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-14' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>BOI-promoted companies enjoy benefits such as 100% foreign ownership, corporate income tax exemptions, import duty exemptions, land ownership rights, and flexible visa and work permit conditions for foreign employees.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mgimr35k-ad87f4f101e54e9232d514a9e4669628'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-15' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-15'>What is the Industrial Estate Authority of Thailand (IEAT)?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-15' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>The Industrial Estate Authority of Thailand (IEAT) develops and manages industrial estates and ports. Companies operating within IEAT zones can enjoy 100% foreign ownership, land rights, and both tax and non-tax incentives.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mgimrcn6-abe3023ce4156e19b2491f68993ea7b4'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-16' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-16'>What are the requirements for operating under the IEAT in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-16' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>To qualify for IEAT benefits, companies must locate their operations in designated industrial zones, meet environmental and safety standards, submit regular compliance reports, and operate within approved activity scopes.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mgimrpf1-79fa9b57cc4d92bba6a0503367b6f5c6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-17' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-17'>. What is the Eastern Economic Corridor (EEC) in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-17' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>The Eastern Economic Corridor (<a href=\"https:\/\/belaws.com\/thailand\/boi-or-eec\/\">EEC<\/a>) is a special economic zone covering Chachoengsao, Chonburi, and Rayong provinces. It supports the \u201cThailand 4.0\u201d vision by attracting investment in high-tech and next-generation industries.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mgimrxua-c5ed81fe6cd6a93fe7b4b5b3ee0064bb'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-18' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-18'>What industries qualify for promotion under the EEC?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-18' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>EEC eligibility focuses on advanced industries such as next-generation automotive, intelligent electronics, biotechnology, food innovation, medical tourism, aviation, logistics, biofuels, defence, and education.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mgims6qp-f75cefe454cb3e7e585bdfcde9661735'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-19' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-19'>What benefits do companies receive under the EEC in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-19' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>EEC-promoted companies can receive up to 15 years of corporate tax exemption, 100% foreign ownership, import duty exemptions, and access to EEC visas offering a 17% flat personal income tax rate and 10-year validity.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mgimssd0-f723ca4ea86e98691d52a6b64761c445'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-20' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-20'>What is the Treaty of Amity between Thailand and the United States?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-20' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>The <a href=\"https:\/\/belaws.com\/thailand\/thai-us-treaty-of-amity\/\">Treaty of Amity<\/a> is an agreement that allows U.S. citizens and companies to own and operate businesses in Thailand with national treatment, exempting them from most restrictions under the Foreign Business Act.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mgimt13f-108eadcd91e63b28c464ea6bc8789445'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-21' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-21'>How can a U.S. company qualify for the Treaty of Amity in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-21' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>To qualify, a company must be incorporated in Thailand or the U.S., have at least 51% American ownership, and have a majority of its directors as U.S. or Thai nationals. Authorized signatories must not be from third-country nationalities.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mgimtah2-931ef96cb87d785451ef9b67f2945a2d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-22' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-22'>What benefits do American companies receive under the Treaty of Amity?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-22' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>American companies can hold a majority or full ownership in their Thai entities and enjoy national treatment, allowing them to conduct business on the same terms as Thai companies.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mgimtier-20dcbb237fea597661a7c48ccf00eddb'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-23' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-23'>Are there restrictions for U.S. companies under the Treaty of Amity?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-23' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Yes. Even under the Treaty of Amity, U.S. companies cannot engage in activities related to communications, transportation, land ownership, natural resource exploitation, or domestic trade in agricultural products.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mgimtu2c-9957b7b942f9c45a4ec6aa32a071fe9d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-24' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-24'>Is using nominee shareholders legal in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-24' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>No. The use of nominee shareholders\u2014Thai nationals holding shares on behalf of foreigners without actual control or responsibility\u2014is strictly prohibited under Thai law.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mgimu23a-68d38dd172605f387904ec595e819101'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-25' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-25'>What is the best option for foreigners who want 100% ownership in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-25' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>The best option depends on your business type. Export and manufacturing businesses allow 100% ownership directly, while other sectors may achieve full ownership through BOI promotion, IEAT privileges, EEC incentives, or the Treaty of Amity (for U.S. investors).<\/p>\n<\/div><\/div><\/div><\/section>\n<\/div>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='after_section_5'  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-16943'><div class='entry-content-wrapper clearfix'><\/p>\n<div class='flex_column av-qqtyiz-0d401a2ec3b1be9fe8b6b4ff052340e0 av_one_full  avia-builder-el-112  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-b62bdb658cee0ea53234de2b00e9e841 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\/prix-enregistrement-societe-en-thailande\/\" id=\"av-masonry-1-item-5194\" data-av-masonry-item=\"5194\" class=\"av-masonry-entry isotope-item post-5194 post type-post status-publish format-standard has-post-thumbnail hentry category-incorporation category-corporate tag-francais tag-limited-company tag-registering-a-company-in-thailand  av-masonry-item-with-image\" title=\"What is the cost of registering a company 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-5196 avia-img-lazy-loading-not-5196\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/087-705x570.png\" title=\"What is the cost of registering a company in Thailand?\" alt=\"What is the cost of registering a company in Thailand?\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/087-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/087-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/087-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/087-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/087-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/087-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/087.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\" >What is the cost of registering a company in Thailand in 2025?<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >21\/10\/2021<br \/>\r\nAll you need to know about the cost of creating and registering a company in Thailand.<\/div><span class='av-masonry-date meta-color updated'>octobre 21, 2021<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>par bertrand_admin_belaws<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><!--end av-masonry entry--><a href=\"https:\/\/belaws.com\/thailand\/fr\/raising-funds-thailand-safe\/\" id=\"av-masonry-1-item-5217\" data-av-masonry-item=\"5217\" class=\"av-masonry-entry isotope-item post-5217 post type-post status-publish format-standard has-post-thumbnail hentry category-raising-funds category-corporate category-incorporation  av-masonry-item-with-image\" title=\"Raising funds in Thailand with a SAFE\" 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-5222 avia-img-lazy-loading-not-5222\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/091-705x570.png\" title=\"Raising funds in Thailand with a SAFE\" alt=\"Raising funds in Thailand with a SAFE\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/091-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/091-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/091-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/091-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/091-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/091-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/091.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\" >Raising funds in Thailand with a SAFE<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >21\/10\/2021<br \/>\r\nAs an entrepreneur seeking funding in Thailand, there are a variety of term sheet options available, including the SAFE (Simple Agreement for Future Equity).<\/div><span class='av-masonry-date meta-color updated'>octobre 21, 2021<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>par bertrand_admin_belaws<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><!--end av-masonry entry--><a href=\"https:\/\/belaws.com\/thailand\/fr\/thai-company-shareholder-death\/\" id=\"av-masonry-1-item-5301\" data-av-masonry-item=\"5301\" class=\"av-masonry-entry isotope-item post-5301 post type-post status-publish format-standard has-post-thumbnail hentry category-incorporation category-corporate  av-masonry-item-with-image\" title=\"What happens to my Thai company if a shareholder passes away \/ dies?\" 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-1011 avia-img-lazy-loading-not-1011\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/08\/029-705x570.png\" title=\"What happens to my Thai company if a shareholder passes away \/ dies?\" alt=\"What happens to my Thai company if a shareholder passes away \/ dies?\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/08\/029-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/08\/029-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/08\/029-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/08\/029-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/08\/029-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/08\/029-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/08\/029.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\" >What happens to my Thai company if a shareholder passes away \/ dies?<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >26\/10\/2021<br \/>\r\nTaking the time to plan for things such as the unexpected death or sickness to shareholders<\/div><span class='av-masonry-date meta-color updated'>octobre 26, 2021<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>par bertrand_admin_belaws<\/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-115  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 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