A Thailand foreign company is a business entity which shares are majority-owned by non-Thai nationals or foreigners. Certain types of businesses are prohibited to be owned by non-Thai persons or activities if they are listed in the prohibited categories of Foreign Business Act. If the foreign company or entity seeks to conduct business in one of the prohibited categories of business, it must obtain a business license according to the provisions of the Foreign Business Act B.E. 2542 (A.D. 1999). … [Read more...]
Applying for Thailand Board Of Investment (BOI) Promotion
October 30, 2012 By
The Thailand Board of Investments (BOI) is responsible for implementing Thai government policy for promoting certain business deemed beneficial to the Thai economy. Thai BOI assists Thais and foreign investors to start and conduct businesses in desirable areas of economic activities by offering a system of incentives. Thailand BOI Incentives The Thailand BOI incentives are classified into the following types: Tax Incentives A BOI promoted company in Thailand may be eligible to … [Read more...]
