FBL company
Foreign Business license-holding companies in Thailand
What is an FBL company in Thailand?
✅ Benefits:
- Allows foreign investors to operate businesses in sectors that are normally restricted.
- Up to 100% foreign ownership.
- Grants the legal right to conduct business in Thailand.
❌ Limitations:
- No tax incentives.
- More restrictions than private companies.
- Must be deemed of strategic interest for Thailand by FBL.
Certain business categories in Thailand are restricted to foreigners under the Foreign Business Act, as they are considered crucial for Thai interests. By obtaining a Foreign Business License (FBL), companies and investors can bypass some of these restrictions and legally conduct business activities in these industries.
To be eligible for an FBL, the Thai authorities need to evaluate your company and approve it as beneficial to improving the Thai market. Any foreigner seeking this license will also individually be vetted in terms of criminal history, financial security, and legal competency to conduct business.
Restricted activities that are permitted through a Foreign Business License (FBL)
Category 1: Businesses concerning national security or safety
Category 4: Thai businesses that are not yet ready to compete with foreign competition
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Arrissra Limpisthein
Arrissra Limpisthein serves as Branch Manager in Thailand.
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