Business & Investor

Laws

What is the maximum percentage of registered capital foreigners are able to hold for a business in Thailand?
What is the maximum percentage of registered capital foreigners are able to hold for a business in Thailand?
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.
The use of Thais as nominee shareholders by foreigners is strictly prohibited
The use of Thais as nominee shareholders by foreigners is strictly prohibited
The Foreign Business Act B.E. 2542 (1999), Section 36, prescribes that a Thai national or a juristic person, not being a foreigner under this Act,
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