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Issara Hanchana

Business Coordinator

The information provided here is for information purposes only and is not intended to constitute legal advice. Legal advice should be obtained from qualified legal counsel for all specific situations.

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Investment Feasibility

Majority foreign-owned companies (when 50% or more of the share capital is held by foreigners) are subject to restrictions in a number of business activities, including most services. Exceptions apply and depending on the type of activity such as, (1) a promotion from the Board of Investment (BOI) with a Foreign Business Certificate from the Ministry of Commerce or a (2) Foreign Business License from the Ministry of Commerce may be obtained, among others.

Companies hiring foreign employees are subject to a minimum capital and a number of local employees per foreign employee (usually THB 2 million of paid-up capital and 4 local employees), exception applies for a BOI promoted company.

The investment feasibility check service is a short and broad memorandum based on the feasibility of the intended business activities that you would specify in the company registration questionnaire (maximum of 3 activities). It includes: