{"id":11887,"date":"2023-11-06T10:20:42","date_gmt":"2023-11-06T03:20:42","guid":{"rendered":"https:\/\/belaws.com\/thailand\/?p=11887"},"modified":"2025-10-30T08:04:47","modified_gmt":"2025-10-30T01:04:47","slug":"starting-a-small-business-in-thailand","status":"publish","type":"post","link":"https:\/\/belaws.com\/thailand\/starting-a-small-business-in-thailand\/","title":{"rendered":"Starting a Small Business in Thailand as a Foreigner in 2025"},"content":{"rendered":"<section  class='av_textblock_section av-ks8kyyfa-e516bae24dd4ed4f78e7dedb0aea1067'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock breadcrumb'  itemprop=\"text\" >\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-18myty-919e5cb9f68131fb6240d9c12261edb4\">\n.av_font_icon.av-18myty-919e5cb9f68131fb6240d9c12261edb4 .av-icon-char{\nfont-size:11px;\nline-height:11px;\n}\n<\/style>\n<span  class='av_font_icon av-18myty-919e5cb9f68131fb6240d9c12261edb4 avia_animate_when_visible av-icon-style- avia-icon-pos-left av-no-color avia-icon-animate'><span class='av-icon-char' aria-hidden='true' data-av_icon='\ue874' data-av_iconfont='entypo-fontello' ><\/span><\/span>\n<div style=\"padding-left: 15px;\"><span class=\"\"><a href=\"https:\/\/belaws.net\/thailand\/\" target=\"_blank\" rel=\"noopener\">Belaws Home<\/a> \u203a\u203a <a href=\"https:\/\/belaws.net\/thailand\/\" target=\"_blank\" rel=\"noopener\">Thailand<\/a> \u203a\u203a <a href=\"https:\/\/belaws.net\/thailand\/blog\" target=\"_blank\" rel=\"noopener\">Blog<\/a>\u00a0\u203a\u203a <\/span>Starting a Small Business in Thailand as a Foreigner in 2024<\/div>\n<\/div><\/section>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='av_section_1'  class='avia-section av-re718-f933e9e3a470259eecd4d4692aaacea2 main_color avia-section-no-padding avia-no-border-styling  avia-builder-el-2  el_after_av_textblock  el_before_av_section  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-11887'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksd27few-1f8c384e085c379baccb5abbe326157c\">\n#top .hr.hr-invisible.av-ksd27few-1f8c384e085c379baccb5abbe326157c{\nheight:100px;\n}\n<\/style>\n<div  class='hr av-ksd27few-1f8c384e085c379baccb5abbe326157c hr-invisible  avia-builder-el-3  el_before_av_one_half  avia-builder-el-first  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div class='flex_column av-gmj0k-ac56bb06b98c278ca7684f46c4d7723e av_one_half  avia-builder-el-4  el_after_av_hr  el_before_av_one_half  first av-break-at-tablet flex_column_div '   ><p><section  class='av_textblock_section av-kscys0p5-d0fe1da2549b5d38fb08e5d3e4dbc794'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock sur-titre_bleu'  itemprop=\"text\" ><p>incorporation<\/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>Starting a Small Business in Thailand as a Foreigner in 2025<\/h1>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-b3jfo-03f63b84c9a76d84e1713c05a87923fd\">\n#top .hr.hr-invisible.av-b3jfo-03f63b84c9a76d84e1713c05a87923fd{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-b3jfo-03f63b84c9a76d84e1713c05a87923fd hr-invisible  avia-builder-el-7  el_after_av_textblock  el_before_av_post_metadata '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-m6ajtll2-810fca05eaa94db18dbb7a3fe7d93dd8\">\n#top .av-post-metadata-container.av-m6ajtll2-810fca05eaa94db18dbb7a3fe7d93dd8{\ncolor:#1a4367;\n}\n<\/style>\n<div  class='av-post-metadata-container av-m6ajtll2-810fca05eaa94db18dbb7a3fe7d93dd8 av-metadata-container-align-left  avia-builder-el-8  el_after_av_hr  el_before_av_textblock  av-metadata-container-1'><div class='av-post-metadata-container-inner'><span class=\"av-post-metadata-content av-post-metadata-meta-content\"><span class=\"av-post-metadata-content av-post-metadata-modified\"><span class=\"av-metadata-before av-metadata-before-modified\">Latest Update : <\/span><span class=\"av-post-metadata-modified-date\" >October 30, 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\" >November 6, 2023<\/span><\/span><\/span><\/div><\/div><br \/>\n<section  class='av_textblock_section av-2mj4cc-546fb3795883e77cb448506a33b339b7'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_18'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Starting a small business in Thailand for foreigners presents unique challenges. The Foreign Business Act governs foreign participation in various business sectors and categories within Thailand. Despite these complexities, Thailand&#8217;s thriving economy and favorable business environment make it an attractive hub for entrepreneurs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When starting a small business in Thailand as a foreigner, it is important to consider the following important points.<\/span><\/p>\n<\/div><\/section><br \/>\n<div  class='avia-button-wrap avia-button-left  avia-builder-el-10  el_after_av_textblock  avia-builder-el-last  bouton-cta' ><a href=\"https:\/\/belaws.com\/thailand\/immediate-consultation-calendly-link\/\" class=\"avia-button av-2rocsm-023a1373ea9154dc1174cff49831be03 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' >Immediate Consultation<\/span><span class='avia_button_icon avia_button_icon_right' aria-hidden='true' data-av_icon='\ue88d' data-av_iconfont='entypo-fontello'><\/span><\/a><\/div><\/p><\/div><div class='flex_column av-bmm5w-737f28be9bb008277e27311ae0eaf479 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-kscy8en7-835dfc13e83ae4fac230d618cbf58182\">\n.avia-image-container.av-kscy8en7-835dfc13e83ae4fac230d618cbf58182 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-kscy8en7-835dfc13e83ae4fac230d618cbf58182 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-11888 avia-img-lazy-loading-not-11888 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/11\/Starting-a-Small-Business-in-Thailand-as-a-Foreigner-in-2024.png\" alt='Investment opportunities in Thailand' title='Investment opportunities in Thailand'  height=\"800\" width=\"990\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/11\/Starting-a-Small-Business-in-Thailand-as-a-Foreigner-in-2024.png 990w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/11\/Starting-a-Small-Business-in-Thailand-as-a-Foreigner-in-2024-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/11\/Starting-a-Small-Business-in-Thailand-as-a-Foreigner-in-2024-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/11\/Starting-a-Small-Business-in-Thailand-as-a-Foreigner-in-2024-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/11\/Starting-a-Small-Business-in-Thailand-as-a-Foreigner-in-2024-15x12.png 15w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/11\/Starting-a-Small-Business-in-Thailand-as-a-Foreigner-in-2024-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/11\/Starting-a-Small-Business-in-Thailand-as-a-Foreigner-in-2024-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/11\/Starting-a-Small-Business-in-Thailand-as-a-Foreigner-in-2024-705x570.png 705w\" sizes=\"(max-width: 990px) 100vw, 990px\" \/><\/div><\/div><\/div><\/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_2'  class='avia-section av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4 main_color avia-section-default 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-11887'><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-14  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-15  el_after_av_hr  el_before_av_one_third  first av-break-at-tablet flex_column_div '   ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-lb329d7d-3f950f02b294bfa39eeb1b805d8d23d3\">\n#top .av_textblock_section.av-lb329d7d-3f950f02b294bfa39eeb1b805d8d23d3 .avia_textblock{\ncolor:#ffffff;\n}\n<\/style>\n<section  class='av_textblock_section av-lb329d7d-3f950f02b294bfa39eeb1b805d8d23d3'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock post_text_highlighting av_inherit_color'  itemprop=\"text\" ><p style=\"text-align: left;\">Key points<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Small businesses can set up a company in Thailand for as little as 50,000 THB without a work permit and visa.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A BOI promotion removes many barriers to doing business in Thailand, such as the necessity of a Thai partner and the restrictions of the Foreign Business Act.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Companies approved for a BOI promotion are eligible for special incentives such as 100% foreign ownership, tax incentives, and reduced requirements to support work permits.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">All foreigners require a proper visa to stay in Thailand. If they plan to work they must get a Work Permit.<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-kscytnto-6f8bd4ca8aa4b5f4311495ee3b7802c6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Do you need a Thai Partner when starting a Small Business in Thailand?<\/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;\">Under the Thai Civil and Commercial Code, companies can be 100% foreign-owned and are not required to have a Thai Partner. However, the ability to operate a company like this is entirely dependent on the business activities of the company.\u00a0<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-loi4531f-2f6b2294bf723e199eac54cb83e3d8fa'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">The Foreign Business Act of 1999 (FBA) regulates foreign investment in Thailand and restricts foreign companies from undertaking about 50 types of businesses, including service activities, consulting, restaurants etc.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-loi45m80-f62203261405e7d826d6735cd664a9f6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">In relation to the 50 restricted business activities established under the FBA, foreign ownership of a limited company is capped at a maximum of 49.99% (unless a Foreign Business Licence or a BOI promotion has been obtained). Therefore, a Thai partner may be required to hold the majority share<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p>Read more:<\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/foreign-business-act-in-thailand\/\" target=\"_blank\" rel=\"noopener\">Understanding the Foreign Business Act in Thailand<\/a><\/p>\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-21  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-gfh9xy-e0bde1d55d8468f28ed18b9996433e48'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>How can 100% foreign-owned small businesses in Thailand perform restricted activities?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-dksn8m-8a3788d84dfb83d2abe7e575458a98c8'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">The Foreign Business License (FBL) is a permit issued by the Department of Business Development under the Ministry of Commerce in Thailand, which allows foreign businesses to engage in restricted business activities under the Foreign Business Act as a 100% foreign-owned entity.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lodoxqvz-6a45f69df973eb89afb9398d18b23e8a'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">However, businesses should be aware that it is very difficult to receive approval for an FBL, and the<\/span><span style=\"font-weight: 400;\"> application criteria<\/span><span style=\"font-weight: 400;\"> are very strict.<\/span><\/p>\n<p>Read more:<\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/obtaining-a-foreign-business-license\/\" target=\"_blank\" rel=\"noopener\">Foreign Business License in Thailand \u2013 Ultimate Guide\u00a0<\/a><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ruqhxl-37f2068f109565f2308f771d43284f79\">\n#top .hr.hr-invisible.av-ruqhxl-37f2068f109565f2308f771d43284f79{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-ruqhxl-37f2068f109565f2308f771d43284f79 hr-invisible  avia-builder-el-25  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-lmkd94wa-c97c7a0cd20267f7197997eccdbdabbe'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What are the requirements to start a small business?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-llowelp0-a7d476250dad7b209cc0bc356a60499c'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">To <\/span><span style=\"font-weight: 400;\">start a limited company<\/span><span style=\"font-weight: 400;\"> in Thailand, you will need to satisfy the following criteria:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">2 shareholders<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">One or more directors (individuals, not corporate)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">50,000 THB minimum capital (2M THB if you want to hire a foreign employee)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A registered corporate address in Thailand<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The shareholders must be individuals to register the company. Once registered, the shares can be transferred to corporate shareholders.<\/span><\/p>\n<p>Read more:<\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/benefits-limited-company\/\" target=\"_blank\" rel=\"noopener\">Benefits of Setting up a Limited Company in Thailand<\/a><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-bxixyu-13a47cec5e18968dc4f6c3e10a93cecf\">\n#top .hr.hr-invisible.av-bxixyu-13a47cec5e18968dc4f6c3e10a93cecf{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-bxixyu-13a47cec5e18968dc4f6c3e10a93cecf hr-invisible  avia-builder-el-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-uf99d6-dd84361e27d9dcdfe1aed0c48ad107db'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Is your business in Thailand eligible for a BOI promotion?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lmzqozuk-3e6927be8724c6602996a58469bb10b7'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">When starting a business in Thailand, the Board of Investment (BOI) should always be the first consideration. Companies approved for a BOI promotion are eligible for special incentives. These BOI incentives could significantly benefit foreign companies looking to establish a presence in Thailand. However, it is important to note that the BOI only offers promotions for specific business activities in <\/span><span style=\"font-weight: 400;\">specific target industries<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p>Read more:<\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/boi-business-activities\/\" target=\"_blank\" rel=\"noopener\">Discover the Qualifying Business Activities for a BOI Promotion in Thailand<\/a><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-loi48qwh-fac5926f70645f527a854e793d28abac'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">It is also important to note that the minimum capital requirement for a BOI company is 1 million THB. However, small businesses that work in software areas may be eligible for promotions under category 8.1, which is much more accessible for small businesses.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Incentives available include:<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-loi499vi-ee1caad35ee4e01980c552c8e2fbd6e9'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><b>100% foreign ownership<\/b><\/p>\n<p><span style=\"font-weight: 400;\">BOI-promoted companies can be 100% foreign-owned.<\/span><\/p>\n<p><b>BOI companies and the Foreign Business Act<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Companies that receive a BOI promotion will be granted a <\/span><a href=\"https:\/\/osos.boi.go.th\/EN\/how-to\/147\/%E0%B9%84%E0%B8%94%E0%B9%89%E0%B8%A3%E0%B8%B1%E0%B8%9A%E0%B9%83%E0%B8%9A%E0%B8%AD%E0%B8%99%E0%B8%B8%E0%B8%8D%E0%B8%B2%E0%B8%95%E0%B8%9B%E0%B8%A3%E0%B8%B0%E0%B8%81%E0%B8%AD%E0%B8%9A%E0%B8%98%E0%B8%B8%E0%B8%A3%E0%B8%81%E0%B8%B4%E0%B8%88%E0%B8%95%E0%B9%88%E0%B8%B2%E0%B8%87%E0%B8%9B%E0%B8%A3%E0%B8%B0%E0%B9%80%E0%B8%97%E0%B8%A8--%E0%B9%83%E0%B8%9A%E0%B8%A3%E0%B8%B1%E0%B8%9A%E0%B8%A3%E0%B8%AD%E0%B8%87\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Foreign Business Certificate<\/span><\/a><span style=\"font-weight: 400;\">, allowing them to undertake restricted business activities.<\/span><\/p>\n<p><strong>Read Also: <a href=\"https:\/\/belaws.com\/thailand\/how-to-start-a-business\/\">How to Start a Business with 100% Ownership in Thailand<\/a><\/strong><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-loi49ns7-2f3c7705906e8c193faf6cb782e4b499'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><b>The reduced quota for hiring foreign employees<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Unlike other company structures, BOI-promoted companies are not subject to any quotas when hiring foreign skilled employees. Thai Limited Companies cannot hire a foreign employee unless the following quotas are satisfied:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A ratio of 4:1 Thai to foreign employees.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">2 Million THB is registered capital<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">3 months of Social Security Registration payments<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Be registered for VAT<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Removing this quota removes a massive barrier to employing foreign staff and is a huge advantage to a BOI promotion.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-loi4a4o0-a74cff5f3190e42067e1e1df8dcfc647'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><b>Other incentives:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Permit to <\/span><span style=\"font-weight: 400;\">own land<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Streamlined visa and work permit processes\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Permit to remit money abroad in foreign currency<\/span><\/li>\n<\/ul>\n<p><b>Tax Incentives:<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Depending on the promotion offered to the company by the BOI, companies may be eligible for certain tax incentives.<\/span><\/p>\n<p>Read more:<\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/land-ownership-rights\/\" target=\"_blank\" rel=\"noopener\">Unlocking Land Ownership Rights for BOI Promoted Companies<\/a><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-5pndap-1aea7130fb43cf54534d541c2f095076\">\n#top .hr.hr-invisible.av-5pndap-1aea7130fb43cf54534d541c2f095076{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-5pndap-1aea7130fb43cf54534d541c2f095076 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-lny3ghrl-28f3e50c74fd924f2997194047a5c514'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Do you need a Work Permit and Visa when starting a small business in Thailand?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lny3gnng-c9e562f74f08dcfebe04229ca0069ea5'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Work permits<\/span><span style=\"font-weight: 400;\"> and the correct visa type are required for any foreigner working or who intends to work in Thailand.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Please note Thailand has a broad definition of work and employment, which isn\u2019t linked to revenue or income. For example, a foreigner can be a shareholder and\/or a company director and <\/span><b>not <\/b><span style=\"font-weight: 400;\">require a work permit. However, should they do something such as sign a document on behalf of the company, this will be considered work and will be required to possess a work permit.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lny3gxx1-cdf8764b4b590ff001b8760f5b51bdb0'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Failure to obtain a valid visa and work permit could result in punishments for the offending foreigner and their company.<\/span><\/p>\n<p>Read more:<\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/work-permits-ultimate-guide\/\" target=\"_blank\" rel=\"noopener\">Work permits in Thailand<\/a><\/p>\n<p><span style=\"font-weight: 400;\">To obtain a work permit, the applicant must:<\/span><\/p>\n<p><b>Get a Non-Immigrant B visa: <\/b><span style=\"font-weight: 400;\">The applicant should obtain a Non-Immigrant B visa (90 days). This visa can be obtained from your home country&#8217;s Thai embassy or consulate.\u00a0<\/span><\/p>\n<p>Read more:<\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/can-i-change-tourist-visa-to-business-visa\/\" target=\"_blank\" rel=\"noopener\">Can I change tourist visa to business visa in Thailand? A Step-by-Step Guide<\/a><\/p>\n<p><b>Obtaining the work permit:<\/b><span style=\"font-weight: 400;\"> After obtaining the Non-Imm B visa and arriving in Thailand, the applicant must apply for a work permit.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lnykw51y-af91c3049113049a1c645cdaa6de61ad'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><b>Extending the visa:<\/b><span style=\"font-weight: 400;\"> a 1-year extension of the Non-Immigrant B can be obtained after the work permit has been issued.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Please note that holders of a Non-Immigrant O (based on marriage to a Thai Spouse) can also apply for a work permit using this visa type.\u00a0<\/span><\/p>\n<p>Read more:<\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/work-permits-for-foreigners-thai-spouse\/\" target=\"_blank\" rel=\"noopener\">Work Permits for Foreigners Married to Thai Nationals<\/a><\/p>\n<p><span style=\"font-weight: 400;\">Please see <\/span><span style=\"font-weight: 400;\">here<\/span><span style=\"font-weight: 400;\"> for more information about how to apply and what documents are needed.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1808kj5-1f0f79fd98cb9436dc6dc460747ad636\">\n#top .hr.hr-invisible.av-1808kj5-1f0f79fd98cb9436dc6dc460747ad636{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-1808kj5-1f0f79fd98cb9436dc6dc460747ad636 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-r71g41-dc1f27c15c69fd28606332172cdfec87'  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-lny3ha1i-4cdc59738ad6baf72123e54b03813577'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>For more information about how to start a small business in Thailand for foreigners, 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-43  el_after_av_textblock  el_before_av_textblock  bouton-cta' ><a href=\"https:\/\/wa.me\/+66636955945\" class=\"avia-button av-j6a7xr-4f2bab10bf85e15ad44e492085e69b5f avia-icon_select-yes-right-icon avia-size-large avia-position-left avia-color-theme-color\" target=\"_blank\" rel=\"noopener noreferrer\"><span class='avia_iconbox_title' >Talk to an expert<\/span><span class='avia_button_icon avia_button_icon_right' aria-hidden='true' data-av_icon='\uf232' data-av_iconfont='entypo-fontello'><\/span><\/a><\/div><br \/>\n<section  class='av_textblock_section av-202agu-c2abc468d489a64dbd7aa9abcb6a5ea1'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>If you want to learn more about how our experts can help with your accounting and secretary needs, please click\u00a0<a href=\"https:\/\/belaws.net\/thailand\/legal-corporate-accounting\/accounting-secretary\/\" target=\"_blank\" rel=\"noopener\">here<\/a>. For more details about our incorporation services, please click<a href=\"https:\/\/belaws.net\/thailand\/incorporation\/\" target=\"_blank\" rel=\"noopener\">\u00a0here.<\/a><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-q93pwe-6d5bb40d417741c03ce1e2231424ffaa'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><em>Please note that this article is for information purposes only and <strong>does not constitute legal advice<\/strong>.<\/em><\/p>\n<\/div><\/section><br \/>\n<div  class='av-social-sharing-box av-l4rstf25-09aa8edfee9bfff0c66b62d8ea68b23c av-social-sharing-box-default  avia-builder-el-46  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=\"Share on Facebook\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/belaws.com\/thailand\/starting-a-small-business-in-thailand\/&#038;t=Starting%20a%20Small%20Business%20in%20Thailand%20as%20a%20Foreigner%20in%202025\" aria-hidden=\"false\" data-av_icon=\"\ue8f3\" data-av_iconfont=\"entypo-fontello\" title=\"\" data-avia-related-tooltip=\"Share on Facebook\" rel=\"noopener\"><span class='avia_hidden_link_text'>Share on Facebook<\/span><\/a><\/li><li class='av-share-link av-social-link-twitter' ><a target=\"_blank\" aria-label=\"Share on Twitter\" href=\"https:\/\/twitter.com\/share?text=Starting%20a%20Small%20Business%20in%20Thailand%20as%20a%20Foreigner%20in%202025&#038;url=https:\/\/belaws.com\/thailand\/?p=11887\" aria-hidden=\"false\" data-av_icon=\"\ue8f1\" data-av_iconfont=\"entypo-fontello\" title=\"\" data-avia-related-tooltip=\"Share on Twitter\" rel=\"noopener\"><span class='avia_hidden_link_text'>Share on 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class=\"hr-inner-style\"><\/span><\/span><\/div><\/p><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-azojo-ab74349465102e916317d4bfa71e488a\">\n.flex_column.av-azojo-ab74349465102e916317d4bfa71e488a{\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:0px 30px 30px 30px;\nbox-shadow:0 0 5px 0 #f2f2f2;\n-webkit-box-shadow:0 0 5px 0 #f2f2f2;\n-moz-box-shadow:0 0 5px 0 #f2f2f2;\nbackground-color:#ffffff;\n}\n<\/style>\n<div class='flex_column av-azojo-ab74349465102e916317d4bfa71e488a av_one_third  avia-builder-el-48  el_after_av_two_third  avia-builder-el-last  Sticky_CTA av-break-at-tablet flex_column_div '   ><p>\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-49  el_before_av_textblock  avia-builder-el-first '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-m0g6mjpe-cf133f11be5f2c451144d3b6c940e832'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2 style=\"text-align: center;\">Receive a free copy\u00a0of\u00a0our<br \/>\nForeign Entrepreneur&#8217;s<br \/>\nHandbook for 2025<\/h2>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-14544\" src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/11\/Starting-a-Business-in-Thailand-Ebook-Cover-221x300.webp\" alt=\"Legal Services Thailand\" width=\"221\" 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id=\"gtx-trans\" style=\"position: absolute; left: 217px; top: 1.24768px;\">\n<div class=\"gtx-trans-icon\"><\/div>\n<\/div>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-oh1i5r-7b0c1356f42da94a7dac762a0c89f040\">\n#top .hr.hr-invisible.av-oh1i5r-7b0c1356f42da94a7dac762a0c89f040{\nheight:80px;\n}\n<\/style>\n<div  class='hr av-oh1i5r-7b0c1356f42da94a7dac762a0c89f040 hr-invisible  avia-builder-el-51  el_after_av_textblock  el_before_av_codeblock  av-desktop-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kytlwv-085b5ef829f041b678dfd1e4dfc4351c\">\n#top .hr.hr-invisible.av-kytlwv-085b5ef829f041b678dfd1e4dfc4351c{\nheight:25px;\n}\n<\/style>\n<div  class='hr av-kytlwv-085b5ef829f041b678dfd1e4dfc4351c hr-invisible  avia-builder-el-53  el_after_av_codeblock  avia-builder-el-last '><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_3'  class='avia-section av-l8ctxpd9-095dc0c75aa2de5329ec8b624b867e69 main_color avia-section-default avia-no-border-styling  avia-builder-el-54  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-11887'><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-55  el_before_av_textblock  avia-builder-el-first  av-desktop-hide av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<section  class='av_textblock_section av-e8bwe9-42a5aa99fe46b76eb6bea8fd40de44ad'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h3_bleu'  itemprop=\"text\" ><h3 style=\"text-align: left;\">Frequently asked questions<\/h3>\n<\/div><\/section>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-37pzrl-0e2130f093209067c90d3f6b04c2d251\">\n#top .hr.hr-invisible.av-37pzrl-0e2130f093209067c90d3f6b04c2d251{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-37pzrl-0e2130f093209067c90d3f6b04c2d251 hr-invisible  avia-builder-el-57  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-lom5xlas-60deef9a383ac7b4b820deba7afa7e68  avia-builder-el-58  el_after_av_hr  avia-builder-el-last  av-accordion-style-2 toggle_close_all'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/FAQPage\" >\n<section class='av_toggle_section av-lom5v2q7-464d66d59fc386c474c944b1cfc09ae3'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-1' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-1'>Can a foreigner start a business in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-1' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Yes, foreigners can start a business in Thailand. However, there are some restrictions, depending on the type of business. For example, foreigners cannot own more than 49% of a company that operates in certain industries, such as retail and tourism.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lom5vb8z-bca436d74030fc5a94527bb051d37f25'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-2' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-2'>How much does it cost to start a business in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-2' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p data-sourcepos=\"9:1-9:74\">The minimum capital requirement to start a limited company in Thailand is 50,000 THB. However, if you want to hire a foreign employee, the minimum capital requirement is 2 million THB.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lom5vicr-81ef412f810e481bde19cc1db99b7498'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-3' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-3'>Can Americans start a business in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-3' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p data-sourcepos=\"13:1-13:109\">Yes, Americans can start a business in Thailand. The same rules apply to Americans as to any other foreigner.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lom5vq1k-4e0c55793390d1a8e1b01f4c3340931a'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-4' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-4'>Can Americans 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-4' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p data-sourcepos=\"17:1-17:177\">American citizens can own 100% of a business in Thailand, but only if they have a Foreign Business License (FBL) or if the business is promoted by the Board of Investment (BOI).<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lom5vzhd-fc435da5fe1a222bb37f820bbd609c87'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-5' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-5'>Can a US citizen buy a business 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  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p data-sourcepos=\"21:1-21:87\">Yes, a US citizen can buy a business in Thailand. However, they must comply with all of the same rules and regulations that apply to foreign business owners.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lom5wtz9-bbd8e106948ef25c7de6cb4869ebfab3'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-6' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-6'>Why is it hard to do business 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  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p data-sourcepos=\"25:1-25:393\">There are a few reasons why it can be difficult to do business in Thailand. One reason is the bureaucracy. It can be time-consuming and expensive to get the necessary permits and licenses. Another reason is the language barrier. Thai is the official language of Thailand, and many Thais do not speak English fluently. Finally, the Thai culture can be difficult for some foreigners to adapt to.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lom5xa0e-f8a7bef7c122b62c042d0c18396cafa3'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-7' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-7'>What is BOI promotion Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-7' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>A BOI promotion can remove many of the barriers to doing business in Thailand,\u00a0such as the necessity of a Thai partner and the restrictions of the Foreign Business Act.<span class=\"animating\">Companies approved for a BOI promotion are eligible for special incentives such as 100% foreign ownership,<\/span><span class=\"animating\">\u00a0tax incentives,<\/span><span class=\"animating\">\u00a0and reduced requirements to support work permits.<\/span><\/p>\n<\/div><\/div><\/div><\/section>\n<\/div>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='after_section_3'  class='main_color av_default_container_wrap container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-11887'><div class='entry-content-wrapper clearfix'><\/p>\n<div class='flex_column av-qqtyiz-0d401a2ec3b1be9fe8b6b4ff052340e0 av_one_full  avia-builder-el-59  el_after_av_section  el_before_av_section  avia-builder-el-no-sibling  first flex_column_div '   ><section  class='av_textblock_section av-2jjczv-f8cba9213d57d135389f2377189c4f87'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Related articles<\/h2>\n<\/div><\/section><br \/>\n<div id='av-masonry-1' class='av-masonry av-2fkee3-133dd75036f55971520b4b95c617589e noHover av-flex-size av-large-gap av-hover-overlay-active av-masonry-animation-active av-masonry-col-3 av-caption-always av-caption-style- av-masonry-entries '><div class=\"av-masonry-container isotope av-js-disabled\"><div class='av-masonry-entry isotope-item av-masonry-item-no-image '><\/div><a href=\"https:\/\/belaws.com\/thailand\/sponsored-work-permit-in-thailand\/\" id=\"av-masonry-1-item-7458\" data-av-masonry-item=\"7458\" class=\"av-masonry-entry isotope-item post-7458 post type-post status-publish format-standard has-post-thumbnail hentry category-visa category-news category-thailand tag-visa-thailand  av-masonry-item-with-image\" title=\"Sponsored Work Permits in Thailand\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\"><div class='av-inner-masonry-sizer'><\/div><figure class='av-inner-masonry main_color'><div class=\"av-masonry-outerimage-container\"><div class='av-masonry-image-container'   ><img decoding=\"async\" width=\"705\" height=\"570\" class=\"wp-image-7462 avia-img-lazy-loading-not-7462\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/PEO-Article-705x570.png\" title=\"Sponsored Work Permits in Thailand\" alt=\"Sponsored Work Permit in Thailand\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/PEO-Article-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/PEO-Article-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/PEO-Article-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/PEO-Article-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/PEO-Article-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/PEO-Article-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/PEO-Article.png 990w\" sizes=\"(max-width: 705px) 100vw, 705px\" \/><\/div><\/div><figcaption class='av-inner-masonry-content site-background'><div class='av-inner-masonry-content-pos'><div class='av-inner-masonry-content-pos-content'><div class='avia-arrow'><\/div><h3 class='av-masonry-entry-title entry-title '  itemprop=\"headline\" >Sponsored Work Permit in Thailand<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >15\/06\/2022<br \/>\r\nSponsored Work Permits in Thailand provide employee management services and administrative assistance.<\/div><span class='av-masonry-date meta-color updated'>June 15, 2022<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>by jonathan<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><!--end av-masonry entry--><a href=\"https:\/\/belaws.com\/thailand\/boi-thailand-approves-new-investment-schemes\/\" id=\"av-masonry-1-item-7528\" data-av-masonry-item=\"7528\" class=\"av-masonry-entry isotope-item post-7528 post type-post status-publish format-standard has-post-thumbnail hentry category-blockchain tag-boi tag-boi-thailand  av-masonry-item-with-image\" title=\"boi visa &#038; work permit thailand BOI approves new investment schemes in Thailand\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\"><div class='av-inner-masonry-sizer'><\/div><figure class='av-inner-masonry main_color'><div class=\"av-masonry-outerimage-container\"><div class='av-masonry-image-container'   ><img decoding=\"async\" width=\"705\" height=\"570\" class=\"wp-image-7531 avia-img-lazy-loading-not-7531\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-705x570.png\" title=\"boi visa &#038; work permit thailand BOI approves new investment schemes in Thailand\" alt=\"boi visa &amp; work permit thailand BOI approves new investment schemes in Thailand\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment.png 990w\" sizes=\"(max-width: 705px) 100vw, 705px\" \/><\/div><\/div><figcaption class='av-inner-masonry-content site-background'><div class='av-inner-masonry-content-pos'><div class='av-inner-masonry-content-pos-content'><div class='avia-arrow'><\/div><h3 class='av-masonry-entry-title entry-title '  itemprop=\"headline\" >BOI approves new investment schemes in Thailand<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >21\/06\/2022<br \/>\r\nBOI Thailand approves new investment schemes and incentives worth 209.5 billion baht (US 6.2 billion).<\/div><span class='av-masonry-date meta-color updated'>June 21, 2022<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>by jonathan<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><!--end av-masonry entry--><a href=\"https:\/\/belaws.com\/thailand\/work-from-home-amendment\/\" id=\"av-masonry-1-item-8310\" data-av-masonry-item=\"8310\" class=\"av-masonry-entry isotope-item post-8310 post type-post status-publish format-standard has-post-thumbnail hentry category-legal tag-thailand  av-masonry-item-with-image\" title=\"Thailand is considering a new Labor law for Work-from-Home arrangements\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\"><div class='av-inner-masonry-sizer'><\/div><figure class='av-inner-masonry main_color'><div class=\"av-masonry-outerimage-container\"><div class='av-masonry-image-container'   ><img decoding=\"async\" width=\"705\" height=\"570\" class=\"wp-image-8311 avia-img-lazy-loading-not-8311\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/08\/Thailand-is-considering-a-new-Labor-law-for-Work-from-Home-arrangements-705x570.png\" title=\"Thailand is considering a new Labor law for Work-from-Home arrangements\" alt=\"Thailand is considering a new Labor law for Work-from-Home arrangements\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/08\/Thailand-is-considering-a-new-Labor-law-for-Work-from-Home-arrangements-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/08\/Thailand-is-considering-a-new-Labor-law-for-Work-from-Home-arrangements-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/08\/Thailand-is-considering-a-new-Labor-law-for-Work-from-Home-arrangements-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/08\/Thailand-is-considering-a-new-Labor-law-for-Work-from-Home-arrangements-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/08\/Thailand-is-considering-a-new-Labor-law-for-Work-from-Home-arrangements-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/08\/Thailand-is-considering-a-new-Labor-law-for-Work-from-Home-arrangements-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/08\/Thailand-is-considering-a-new-Labor-law-for-Work-from-Home-arrangements.png 990w\" sizes=\"(max-width: 705px) 100vw, 705px\" \/><\/div><\/div><figcaption class='av-inner-masonry-content site-background'><div class='av-inner-masonry-content-pos'><div class='av-inner-masonry-content-pos-content'><div class='avia-arrow'><\/div><h3 class='av-masonry-entry-title entry-title '  itemprop=\"headline\" >Thailand is considering a new Labor law for Work-from-Home arrangements<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >23\/08\/2022<br \/>\r\nThe Thai parliament has recently passed the first reading of the so-called Work-from-home Bill, which seeks to amend the country\u2019s Labour Protection Act (LPA).<\/div><span class='av-masonry-date meta-color updated'>August 23, 2022<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>by jonathan<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><!--end av-masonry entry--><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-mw4lq3-4d1f7b909685b16735a77d3969f438e4\">\n#top .hr.hr-invisible.av-mw4lq3-4d1f7b909685b16735a77d3969f438e4{\nheight:160px;\n}\n<\/style>\n<div  class='hr av-mw4lq3-4d1f7b909685b16735a77d3969f438e4 hr-invisible  avia-builder-el-62  el_after_av_masonry_entries  el_before_av_hr  avia-builder-el-first '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-2t7ggu-2a4c1573616b55e3f23896ce5c09b120\">\n#top .hr.hr-invisible.av-2t7ggu-2a4c1573616b55e3f23896ce5c09b120{\nheight:160px;\n}\n<\/style>\n<div  class='hr av-2t7ggu-2a4c1573616b55e3f23896ce5c09b120 hr-invisible  avia-builder-el-63  el_after_av_hr  avia-builder-el-last '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><\/p><\/div>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-l94jsj-fece82020c76855b981a9880bf2eccd9\">\n.avia-section.av-l94jsj-fece82020c76855b981a9880bf2eccd9{\nbackground-color:#dfeef6;\n}\n<\/style>\n<div id='av_section_4'  class='avia-section av-l94jsj-fece82020c76855b981a9880bf2eccd9 main_color avia-section-default avia-no-border-styling  avia-builder-el-64  el_after_av_one_full  el_before_av_postcontent  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-11887'><div class='entry-content-wrapper clearfix'>\n\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-h7ba0z-9b6555d734cf94ef55ca0c69cce7df54\">\n#top 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=\"color:white;font-size:12px\">Belaws 2017 - 2025. \r\n<br>Belaws provides information and software only. Belaws is not a \"lawyer referral service\" and does not provide legal service or participate in any legal representation.\r\n<br>Belaws is not a law firm or a substitute for an attorney or a law firm. The use of Belaws is subject to our Terms of Use.<\/span>\r\n[\/av_codeblock]\r\n\r\n[\/av_one_full]\r\n[\/av_section]\r\n\r\n\n","protected":false},"excerpt":{"rendered":"<p>03\/11\/2023<br \/>\nWhen starting a Small Business in Thailand, it is important to consider the following important 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