🇹🇭 Thailand · Investment

Foreign investment rules, incentives, investment promotion agencies, and restricted sectors.

Quick answer

Thailand attracts foreign investment through the Board of Investment (BOI), which grants incentives and can lift foreign-ownership limits. The Foreign Business Act restricts many services to minority foreign ownership unless BOI-promoted or licensed. Capital and profits repatriate through banks under Bank of Thailand rules; BOI projects enjoy tax holidays.

Foreign investment in Thailand is promoted by the Board of Investment (BOI), which grants incentives and can ease foreign-ownership limits.

  • The BOI grants tax and non-tax incentives to promoted activities.
  • BOI promotion can allow majority foreign ownership and land holding.
  • Most manufacturing and many services are open with BOI support.

Step-by-step

  1. 1

    Check the Foreign Business Act

    Many service businesses are restricted to 49% foreign ownership unless you obtain BOI promotion or a Foreign Business Licence.

  2. 2

    Seek BOI promotion

    Apply to the Board of Investment for promotion, which can allow majority foreign ownership and grant tax and non-tax incentives.

  3. 3

    Choose your vehicle and register

    Register a Thai limited company with the Department of Business Development and obtain tax and VAT registration.

  4. 4

    Access incentives and zones

    BOI-promoted projects can get corporate-tax holidays, import-duty exemptions and Eastern Economic Corridor (EEC) benefits.

  5. 5

    Handle capital and repatriation

    Bring in investment capital through banks and repatriate dividends and profits under Bank of Thailand foreign-exchange rules.

  6. 6

    Meet reporting and protections

    Meet BOI conditions and keep corporate/tax filings; Thailand’s treaties and BOI guarantees protect investors.

Checklist

  • Foreign Business Act ownership check
  • BOI promotion (majority ownership + incentives)
  • Thai limited company (DBD) + tax/VAT
  • Tax holidays + EEC benefits (BOI projects)
  • Bank of Thailand FX rules (capital + dividends)
  • BOI conditions + corporate/tax filings
  • Investment-treaty / BOI protection
  • CTA to .com/.ai for AI-assisted planning

Official authorities

Frequently asked questions

Can foreigners own 100% of a Thai company?

Often only up to 49% for restricted services under the Foreign Business Act — but BOI promotion or a Foreign Business Licence can allow majority or full ownership.

What is the BOI?

The Board of Investment, which promotes and grants tax and non-tax incentives to qualifying projects, and can permit majority foreign ownership.

Can I repatriate profits from Thailand?

Yes — dividends, profits and capital repatriate through banks under Bank of Thailand rules (withholding tax may apply to dividends).

Official-information aggregation, not legal advice. Always verify on the authority's own site.

Government portals

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