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Thailand × Government & Regulatory Affairs

Government & Regulatory Affairs in Thailand

Licences, approvals and dealing with regulators. In Thailand, that means local law, local regulators and local practice, handled by a qualified professional who practises there.

Who handles this work

On request

WONE Global can find the right Government & Regulatory Affairs professional in Thailand for you.

No WONE Global Partner holds this yet. Send us your requirement: WONE Global confirms whether a vetted Associate firm can act, tells you who it is and checks for conflicts before any work begins.

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Thailand at a glanceSoutheast Asia

Bangkok · Wednesday 4 November

03:02

Local time

Currency
THB
Working week
Monday – Friday
Dialling code
+66
Region
Southeast Asia
Doing business in Thailand →

What the rules say in Thailand

Government & Regulatory Affairs, the essentials

From the Thailand market guide: the points that matter most for government & regulatory affairs, each with the source it was checked against.

Essentials guide · Source-checked research71% of statements checked against a source36 checked against an official source0 checked against a secondary sourceChecked 2026-10-193 held back until checked against an official source8 topics include AI-written statements, not source-checkedNot yet professionally reviewed

  • Under the Foreign Business Act B.E. 2542 (1999), a company in which foreigners hold half or more of the shares is treated as a foreigner and may not carry on activities in the Act's three restricted lists without a Foreign Business Licence or certificate.

    List 1 activities are closed to foreigners; Lists 2 and 3 need permission. Many service activities fall under List 3.Thailand Board of Investment (BOI), unofficial translation · checked 2026-10-19
  • A foreigner whose List Two or List Three business is promoted by the Board of Investment can obtain a Foreign Business Certificate for that business, which is one route to more than 49 percent foreign ownership.

    Applies only to the promoted activity and subject to BOI conditions; industrial estate and export permissions follow the same certificate route.Thailand Board of Investment (BOI), unofficial translation · checked 2026-10-19
  • US investors can use the Treaty of Amity between Thailand and the United States as one of the routes to more than 49 percent foreign ownership.

    US investors only; the activities excluded from treaty protection were not confirmed.Thailand Board of Investment (BOI) · checked 2026-10-19
  • A Thai private limited company can be formed by a minimum of two founders, who sign the memorandum of association before the company is registered.

    The memorandum is filed within 30 days of name approval and registration applied for within three months of the statutory meeting. Public limited companies follow separate legislation.Thailand Board of Investment (BOI) · checked 2026-10-19
  • Under the Foreign Business Act, a foreign company's minimum capital may not be less than THB 2 million, or THB 3 million for businesses that need permission under the Act's lists.

    Ministerial regulations can set higher amounts; BOI-promoted companies and some activities follow different rules.Thailand Board of Investment (BOI), unofficial translation · checked 2026-10-19
  • A foreign company can operate a representative office in Thailand with the permission of the Director-General of the Department of Business Development, and receipts from the head office are not treated as revenue for income tax.

    Representative offices do not earn income in Thailand; they still need a tax ID and must file returns.Thailand Board of Investment (BOI) · checked 2026-10-19
  • Foreigners are generally not permitted to own land in Thailand, with exceptions including land in industrial estates under the IEAT Act and BOI permission under Section 27 of the Investment Promotion Act.

    Exceptions apply only for the approved purpose.Thailand Board of Investment (BOI) · checked 2026-10-19
  • Foreign ownership in a condominium building must not exceed 49 percent of the total floor area of all units in that building.

    Foreign ownership quota per condominium building.Thailand Board of Investment (BOI) · checked 2026-10-19

Read the full guide: Entry, investment and company formation · Licensing, incentives and sector rules

Scope

What the service covers here

  1. 01Identify licences, registrations and approvals
  2. 02Map the relevant regulators and filing sequence
  3. 03Prepare the regulatory work
  4. 04Support ongoing regulatory engagement and compliance

Key questions

What we will work through with you

  • What needs to be decided before government & regulatory affairs work starts?
  • Who is professionally responsible in each country?
  • Which other work, such as tax or employment, must happen at the same time?
  • What information and decisions are needed from the business?

If your work involves another country or another area of expertise, WONE Global brings in the right professional and keeps all advisers informed.

WONE Global Intelligence

Ask about government & regulatory affairs in Thailand

Ask in your own words. Answers come from WONE Global's checked records, with every source shown, and end with the named Partner who can act. Go deeper on any point, or build a decision file.

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Discuss Government & Regulatory Affairs in Thailand.