Foreign Investment in Thailand: FBL Statistics Update (January–November 2024)
As of November 2024, the Ministry of Commerce has granted FBL approvals for foreign investment under the Foreign Business Act B.E. 2542 (1999) to a total of 884 businesses. This includes 202 businesses through direct foreign business licenses and 682 businesses through certificates of foreign business operations (through the BOI, IEAT, or the Treaty of […]
Software Business Eligible for Thailand BOI Promotion
The latest BOI regulations have set forth several key requirements for software businesses to be eligible for promotion, with a focus on local development, hiring Thai IT professionals, and using advanced technologies. These regulations also provide clarity on how companies can include software developed before applying for BOI promotion, provided they continue to innovate and […]
Businesses in Thailand That Do Not Require a Foreign Business License (FBL)
Businesses in Thailand That Do Not Require a Foreign Business License (FBL) The Foreign Business Act (FBA) in Thailand requires foreign nationals to obtain a Foreign Business License (FBL) to engage in certain activities deemed sensitive or critical to the national interest. However, the approval process can be time-consuming, and there is no guarantee that […]
Santana Saksudhayakom
Nuntaporn Lumlertchatvan
Sorrawis Wimonkulwanich
David Bartlett
Michael Ayling
Apinun Ittivarapornkul
Kanjanawan Thongyib
