Practical Notes
Practical questions about investing, building and operating in Thailand.
6 results for your search
01Can you apply for BOI promotion before setting up the Thai company?
Yes. Thailand’s Board of Investment (BOI) allows an individual promoter to file an investment-promotion application before the intended Thai operating company is incorporated. But…
02When should investors remit funds for a Thai capital increase?
Do not choose the remittance date in isolation. For a Thai private company, shareholder approval, the issue of new shares, payment, bank evidence and registration with the…
03How much capital does a foreign-owned Thai company need for a Foreign Business Licence?
Do not assume the answer is simply THB 3 million. For a business requiring a Foreign Business Licence (FBL), the statutory floor is generally THB 3 million per business, but the…
04Can parties sign a Thai operating contract before the intended company exists?
Yes, but the future Thai company cannot sign a contract before it legally exists. Someone else must contract in the interim — for example a promoter, foreign parent or existing…
05What if BOI approval arrives on terms that change the economics of the investment?
Receiving Board of Investment (BOI) approval should not automatically mean that an investor is contractually required to fund. The approval letter may contain a promoted activity,…
06When is a loan really an intra-group loan for Thai regulatory purposes?
Calling two companies “group companies” is not enough. For a company that is a foreigner under Thailand’s Foreign Business Act, lending money is generally treated as a service…
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