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).
Though there are both Thai and foreign investors in Thai stock market in the form of institutional investors and individual investors, according to the laws, many SET-listed companies have limitation of foreign ownership (Foreign Limit).
Under the Foreign Business Act B.E. 2542 (1999), which controls investments made by foreigners, a company is deemed foreign or alien if 50% of the registered capital is held by foreigners.