permits and licenses for your company in thailand
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Permits and Licenses for Your Company in ThailandA presentation brought to you by AttorneysInThailand.com
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Licenses for Your Company in Thailand >>
Depending on the industry in which the company activates, there are different types of permits and licenses required for your business in Thailand.
Our law firm in Thailand can provide you with legal assistance and information if you want to apply for a license for your company.
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>> Licenses for Your Company in Thailand In Thailand, certain types of
businesses like pharmaceutical companies, businesses importing, producing or selling agricultural products or alcoholic beverages have to obtain special permits.
The permits for your business in Thailand are to be granted by the relevant ministries.
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The Foreign Business License in Thailand >>
Certain categories of businesses in Thailand are not allowed to be owned in majority by foreign nationals or non-Thai persons if they are listed in the prohibited classes of the Foreign Business Act.
If the foreign entity wants to do business in one of the prohibited classes of business, it has to obtain a foreign business license.
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>> The Foreign Business License in Thailand
A foreign business license in Thailand enables aliens (foreign entrepreneurs) to manage foreign companies with activities which normally are restricted to aliens according to the Thai legislation.
Our Thai law firm can provide you with legal help in this matter.
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Getting the Foreign Business License >>
Thai companies which are owned in majority by foreign citizens have to acquire a foreign business license from the Director of the Department of Commercial Registration with the approval of the Foreign Business Committee.
The process can be simplified if you obtain the approval of the Thailand Board of Investment (BOI).
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>> Getting the Foreign Business License
A foreign business license could grant foreign investors 100% ownership for the categories of businesses under certain classes of businesses which are normally prohibited to aliens.
The approval and issuance of a Thai foreign business license may be influenced by various factors like the impact on employment in the country.
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Processing Time for Permits in Thailand
Usually, the application process for a foreign business license can be quite complex.
It could take at least four months to receive such a license for your business in Thailand.
Our law firm in Thailand can provide guidance for this type of application process.
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Choose Our Thai Lawyers for Assistance
For a better understanding of the regulations related to the permits and licenses for foreign companies, it is best to seek our advice.
Our Thai lawyers can assist you throughout the entire process, so please feel free to contact us.
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