Thai Limited Company In a Thai Limited Company, foreign nationals can own up to 49% of shares, while the remaining 51% must be held by Thai citizens. This restriction is intended to protect local businesses and limit foreign control. However, there are legal exceptions that allow foreigners to own more than 49%: Foreign Business License (FBL) — allows majority foreign ownership in approved business sectors BOI promotion — companies approved by the Board of Investment may be fully foreign-owned US–Thailand Treaty of Amity — enables US citizens to own up to 100% of a Thai company These exceptions provide legal pathways for full foreign ownership in Thailand |
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