Doing Business in Thailand

The Thai Government has long maintained an open market-oriented economy and encouraged foreign direct investment. The Foreign Business Act of 1999 governs most investment activities by non-Thai nationals. It opened additional business sectors to foreign investment and increased maximum ownership stakes permitted in some sectors above the standard 49% limitation. It continues to restrict majority foreign participation in certain types of business but this restriction excludes the majority of manufacturing ventures.

Table of Contents

• General information,
• Regulations on foreign investment,
• Government incentives,
• Business organisations available to foreigners,
• Setting up and running business organisations,
• Corporate taxes,
• Personal taxation,
• Double Taxation Agreements,
• Sales, VAT and other taxes,
• Portfolio investment for foreigners,
• Trusts, and
• Practical information.