Question:
If foreigners want to invest in Thailand, are there any promotions for them?
Answer:
Yes. Promotions are offered through responsible government agencies to attract foreign
investment. For example, the Board of Investment was founded in order to attract foreign investment.
Question:
What advantages are granted to foreign investors?
Answer:
Various - a wide range of advantages, which the government grants to qualified foreigners, both of fiscal and non-fiscal incentives.
Question:
Are foreigners allowed to have majority shareholding or 100 percent
ownership of a company?
Answer:
Yes, if the business of the company is not reserved for Thai nationals. Anyway, if a company's business is regulated under the Alien Business Act 1999, the company must obtain an Alien Operation License from the Ministry of Commerce of Thailand.
Question:
Are foreigners allowed to set up a branch office in Thailand?
Answer:
Yes - in case the company's business regulated is under the Alien Business Act 1999, the company must obtain an Alien Operation License from the Ministry of Commerce of Thailand.
Question:
Are there any restrictions on foreigners doing business in Thailand?
Answer:
Yes - in case the company's business regulated is under the Alien Business Act 1999, the company must obtain an Alien Operation License from the Ministry of Commerce of Thailand.