Types of Business Licenses Available to Foreigners in Thailand

Indeed, Thailand offers several business licenses for foreigners wishing to establish or operate businesses in the country. These licenses depend on the business's nature and the foreign ownership level. Here are some common types of foreign business license Thailand:

Foreign Business License (FBL):

1. It is required for businesses with more than 50% foreign ownership.
2. Applicable to a wide range of business activities.
3. The application process involves scrutiny by the Ministry of Commerce.

Board of Investment (BOI) Promotion:

1. Provides incentives and privileges to foreign investors.
2. Encourages foreign investment in specific industries deemed beneficial to Thailand's economic development.
3. Benefits may include tax exemptions, work permits, and other incentives.

Amity Treaty Privileges (for U.S. citizens):

1. U.S. citizens can enjoy certain privileges under the Treaty of Amity and Economic Relations between Thailand and the United States.
2. These privileges allow U.S. citizens to own and operate specific types of businesses without majority Thai ownership.

Regional Operating Headquarters (ROH):

1. Allows foreign companies to set up regional offices in Thailand for managing operations in Asia.
2. Provides tax benefits and streamlined administrative procedures.

Representative Office:

1. Suitable for foreign businesses looking to conduct market research, promotion, or liaising activities in Thailand.
2. We are limited in terms of income-generating activities.

Branch Office:

1. A foreign company can establish a branch office in Thailand.
2. The branch office can conduct business activities in Thailand but remains an extension of the foreign parent company.