• Thailand to Relax Rules on Foreign Business Ownership.

    Thailand is looking to revise its foreign investment laws to attract foreign investors into the country. The reform aims to improve transparency and position Thailand as a hub for innovation-driven enterprises.

    A key aspect of the reform is the expected increase in the foreign ownership cap, potentially allowing majority foreign control in previously restricted sectors. This move aims to reduce the use of nominee arrangements, improve transparency, and attract long-term, innovation-driven investment to Thailand.

    Read: Can Expats Incorporate and Own a Company in Thailand?

    Thailand wants to create a more open economic environment. On April 22, 2025, the Cabinet approved urgent revisions to the Foreign Business Act of 1999, directing the Ministry of Commerce to draft amendments. The Act restricts foreign ownership to 49% in key sectors like media, agriculture, and services unless granted a difficult-to-obtain license. The reform aims to streamline these rules and attract more foreign investment.

    #Thailand #Expatbusiness #Smallbusiness
    Thailand to Relax Rules on Foreign Business Ownership. Thailand is looking to revise its foreign investment laws to attract foreign investors into the country. The reform aims to improve transparency and position Thailand as a hub for innovation-driven enterprises. A key aspect of the reform is the expected increase in the foreign ownership cap, potentially allowing majority foreign control in previously restricted sectors. This move aims to reduce the use of nominee arrangements, improve transparency, and attract long-term, innovation-driven investment to Thailand. Read: Can Expats Incorporate and Own a Company in Thailand? Thailand wants to create a more open economic environment. On April 22, 2025, the Cabinet approved urgent revisions to the Foreign Business Act of 1999, directing the Ministry of Commerce to draft amendments. The Act restricts foreign ownership to 49% in key sectors like media, agriculture, and services unless granted a difficult-to-obtain license. The reform aims to streamline these rules and attract more foreign investment. #Thailand #Expatbusiness #Smallbusiness
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    #Business #Forums #SmallBusiness #Trade #Finance #ExpatBusiness #Funding #Startups #Grants
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