The BOI gave the green light to nine new measures to attract investment, as part of Thailand’s move to create a new economy, in the fourth quarter of 2022.
For foreign investors, especially new investors, who are looking for investment areas together with investment promotion with both tax-based incentives and non-tax-based incentives.
According to the statistics concerning permission granted to foreigners for the operation of businesses in Thailand under the Foreign Business Act B.E. 2542 (1999).
The investments from multinational companies in Thailand are considered a significant part of the development of the industries and economy of the country.
A foreigner who is a juristic person not registered in Thailand and wishes to operate a business in Thailand must follow the Foreign Business Act B.E. 2542 (1999).
Foreign investors operating businesses in Thailand who wish to terminate their businesses or relocate the business offices must follow Section 22 of the Foreign Business Act B.E. 2542 (1999).
If foreigners wish to invest or operate business in Thailand, the proportion of shareholding between Thai persons and foreigners must be considered, since Thailand’s Foreign Business Act B.E. 2542 (1999).
Copyright 2022, The Government Public Relations Department
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