Nov. 12, 2020
Thailand Law Firm Library produced Questions and Answers for certain number of questions related Thailand Foreign Business Law. The questions are as follow:
Q: Is it necessary for a company registered in Thailand to have a majority Thai shareholder (i.e. 51% Thai, 49% foreign)?
Q: What is the definition of a “foreigner”?
Q: Is a company or partnership with a foreign director or managing partner considered to be a “foreigner”?
Q: How many categories of businesses are restricted under the Foreign Business Act of 1999 and who has authority to grant permission to foreigners to operate business in a restricted category?
To find answers to these questions, visit the link below
https://library.siam-legal.com/thailand-foreign-business-law-q-and-a/
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