Foreign business law in Thailand list 1-3

9:18 PM


Foreign Business Act
B.E. 2542 (1999)

 (continued)

LIST ONE
The businesses not permitted for aliens to operate due to special reasons:
(1)
 Newspaper business, radio broadcasting or television station business
(2)
 Rice farming, farming or gardening.
(3)
 Animal farming
(4)
 Forestry and wood fabrication from natural forest
(5)
 Fishery for marine animals in Thai waters and within Thailand specific economic zones.
(6)
 Extraction of Thai herbs.
(7)
 Trading and auctioning Thai antiques or national historical objects.
(8)
 Making or casting Buddha images and monk alms bowls.
(9)
 Land trading
LIST TWO
The businesses related to the national safety or security or affecting arts and culture, tradition, folk handicraft or natural resource and environment.
Group 1: The businesses related to the national safety or security
(1)
 Production, selling, repairing and maintenance of:
(a)
firearms, ammunition, gun powder, explosives.
(b)
Accessories of firearms, ammunition, and explosive
(c)
Armaments, ships, air-crafts or military vehicles.
(d)
Equipment or components, all categories of war materials.
(2)
 Domestic land, waterway or air transportation, including domestic airline business.

Group 2 : The businesses affecting arts and culture, traditional and folk handicraft:
(1)
 Trading antiques or art objects being Thai arts and handicraft.
(2)
 Production of carved wood.
(3)
 Silkworm farming, production of Thai silk yarn, weaving Thai silk or Thai silk pattern printing.
(4)
 Production of Thai musical instruments.
(5)
 Production of goldware, silverware, nielloware, bronzeware or lacquerware.
(6)
 Production of crockery of Thai arts and culture.

Group 3: The businesses affecting natural resources or environment:
(1)
 Manufacturing sugar from sugarcane;
(2)
 Salt farming, including underground salt;
(3)
 Rock salt mining;
(4)
 Mining, including rock blasting or crushing;
(5)
 Wood fabrication for furniture and utensil productio
LIST THREE
The business which Thai national are not yet ready to complete with foreigners:
(1)
 Rice milling and flour production from rice and farm produce
(2)
 Fishery, specifically marine animal culture.
(3)
 Forestry from forestation.
(4)
 Production of plywood, veneer board, chipboard or hardboard.
(5)
 Production of lime.
(6)
 Accounting service business.
(7)
 Legal service business.
(8)
 Architecture service business.
(9)
 Engineering service business.
(10)
 Construction, except for:
(a)
Construction rendering basic services to the public in public utilities or transport requiring special tools, machinery, technology or construction expertise having the foreigners' minimum capital of 500 million Baht or more.
(b)
Other categories of construction as prescribed by the ministerial regulations.
(11)
 Broker or agent business, except:
(a)
Being broken or agent for underwriting securities or services connected with future trading of commodities of financing instruments or securities.
(b)
Being broker or agent for trading or procuring goods or services necessary for production or rendering services amongst affiliated enterprises.
(c)
Being broker or agent for trading, purchasing or distributing or seeking both domestic and foreign markets for selling domestically manufactured or imported goods in the manner of international business operations having the foreigners' minimum capital 100 million Baht or more.
(d)
Being broker or agent of other category as prescribed by the ministerial regulations.
(12)
 Auction, except:
(a)
Auction in the manner of international bidding not being the auction of antiques, historical artifacts or art objects which are Thai works of arts, handicraft or antiques or having the historical value.
(b)
Other categories of auction as prescribed by the ministerial regulations.
(13)
 Internal trade connected with native products or produce not yet prohibited by law.
(14)
 Retailing all categories of goods having the total minimum capital less than 100 million Baht or having the minimum  capital of each shop less than 20 million Baht.
(15)
 Wholesaling all categories of goods having minimum capital of each shop less than million Bath.
(16)
 Advertising business.
(17)
 Hotel business, except for hotel management service
(18)
 Guided tour.
(19)
 Selling food or beverages.
(20)
 Plan cultivation and propagation business.
(21)
 Other categories of service business except that prescribed in the ministerial regulations
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