Foreign
Business Act
B.E. 2542 (1999)
B.E. 2542 (1999)
(continued)
Section 5. In permitting the foreigners
to operate the businesses under this Act, the advantages and disadvantages to
the nation's safety and security, economic and social development, public order
or good moral, art, culture and tradition of the country, natural resource
conservation, energy and environment, consumer protection, size of the
enterprises, employment, technology transfer, and research and development
shall be taken into account.
Section
6. The following foreigners shall be prohibited from operating any
business in Thailand:
(1) Foreigners deported or pending deportation.
(2) Foreigners staying in Thailand without permission under the law governing immigrants or other laws.
(1) Foreigners deported or pending deportation.
(2) Foreigners staying in Thailand without permission under the law governing immigrants or other laws.
Section
7. The following foreigners may operate businesses upon obtaining a
License from the Director-General and may operate only certain businesses and
in the locality announced with the approval of the Cabinet by the Minister in
the Government Gazette. The Minister may prescribe any condition deemed
expedient in the notification.
(1) Foreigners born in Thailand but not granted Thai nationality under the law governing nationality or other laws.
(2) A person who becomes a foreigner as a consequence of his nationality being revoked under the law governing nationality or other laws.
The application for a License, the issuance of the license and the period of permission shall be in accordance with the rules and procedures prescribed in the ministerial regulations.
In the case where the Director-General does not permit a foreigner under paragraph one to operate the business, the foreigner shall be entitled to lodge an appeal with the Minister and the provisions of paragraphs one and three of section 20 shall be applicable mutatis mutandis.
(1) Foreigners born in Thailand but not granted Thai nationality under the law governing nationality or other laws.
(2) A person who becomes a foreigner as a consequence of his nationality being revoked under the law governing nationality or other laws.
The application for a License, the issuance of the license and the period of permission shall be in accordance with the rules and procedures prescribed in the ministerial regulations.
In the case where the Director-General does not permit a foreigner under paragraph one to operate the business, the foreigner shall be entitled to lodge an appeal with the Minister and the provisions of paragraphs one and three of section 20 shall be applicable mutatis mutandis.
.............................................
For more details in practical, kindly contact us, LawBOI, the law and business consulting professional team.
