Practical Notes
Practical questions about investing, building and operating in Thailand.
4 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…
02How 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…
03Can 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…
04When should you get written confirmation that a product is subject to Thailand’s mandatory industrial standards?
If it is genuinely unclear whether a product falls within a mandatory Thai industrial standard, do not rely only on a supplier’s view or an informal phone call. The Thai…
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