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Browse our 2 legal questions about Investment in Thailand and the lawyer answers, or ask your own questions for free.
Investment in Bangkok, Thailand is an area of interest for many global investors, given the country’s robust economy, strategic location, and government incentives to attract foreign investments. Bangkok, the capital city of Thailand, offers a variety of investment opportunities in sectors such as real estate, infrastructure, start-ups, hospitality, and manufacturing. However, navigational complexity due to certain rules and regulations makes it essential for investors to understand the local laws and the landscape.
An experienced investment lawyer can offer crucial guidance on market overview, strategic advice, risk assessments, and more. Contract issues, due diligence processes, compliance with local and international investment laws and regulations, or potential disputes make the presence of a lawyer important. They can also help navigate through regulatory landscape and ensure you're aligned with the law while maximizing your returns.
In Bangkok, foreign investors need to adhere to several laws such as the Foreign Business Act (FBA), which provides a list of business categories where foreign investment is restricted or requires approval. The Land Code Act regulates land ownership rules, limiting direct land ownership by foreigners, but with certain exceptions. The investment laws also fall under the regulations made by the Board of Investment (BOI), offering incentives for particular sectors
Can foreigners fully own a company in Bangkok, Thailand?
According to the Thai Foreign Business Act (FBA), foreigners are generally prohibited from owing 100% of a business in most sectors unless granted a Foreign Business License.
Can foreigners buy property in Bangkok, Thailand?
Foreigners cannot own land in Thailand, but they can own buildings or apartments. A common practice is leasing land and building on it.
What investment benefits does the Board of Investment (BOI) offer in Bangkok, Thailand?
BOI policies provide benefits such as tax holidays, tariff exemptions, and 100% foreign ownership in promoted sectors.
Besides professional legal consultations, the Office of the Board of Investment (BOI) and the Department of Business Development (DBD) are key organizations that provide essential information on investment procedures and regulations in Bangkok, Thailand. Local trade associations, the Bangkok Chamber of Commerce and the Federation of Thai Industries (FTI) can also provide valuable insights and resources.
If you require legal assistance, start by reaching out to a Thailand-licensed lawyer who specializes in investment law. To prepare, gather as much information about your intended investment as possible, including details of your business plan, partners, financial capacity and other pertinent details necessary for legal advice.
