the short answer is yes, but there are some issues you should probably
What government restrictions are imposed on the business activities
of foreigners in Thailand?
The foreign business act of
regulates the business activities of foreigners in Thailand. The
act classifies business activity into three categories and places
restrictions of various degrees of severity on foreign ownership
and operation of these businesses.
Q: Can foreigners hold 100% ownership of a business in Thailand?
Foreigners can hold 100% ownership of businesses in non-restricted
categories, such as exporting businesses and certain types of manufacturing
businesses. Other methods to obtain 100% non-Thai control are through
(1) application for an alien business license (2) Board of Investment
(BOI) Promotion which may include assistance with an alien business
license (3) registration through the Treaty of Amity (if you are
an American). Read more about Foreign
Q: Are there other alternatives to a foreign majority company?
The vast majority of foreigners in Thailand register a Thai majority
company. This is a company that has 51% or more of Thai shareholders.
Read more about Thai Companies.
You Can Use: