Thailand In Focus : Investment Law


Before setting up business in Thailand, foreign investors should be aware that there are certain types of business activities restricted to Thai business operators only. Notwithstanding the foregoing, foreign business operators can still operate some of the restricted business activities if the relevant permission is obtained, or if an exemption applies. Despite the mentioned restriction, the Thai Government also supports and promotes foreign direct investment. There are extensive lists of promoted business activities whereby the promoted business operators may enjoy both tax and non-tax privileges and obtain relaxation from obtaining permission to operate the restricted business activities at the same time. In addition, investors may enjoy more privileges if the business operation is in certain specific zones, e.g. EEC, industrial estate areas, and certain provinces of Thailand.

This workshop will focus on the restricted and promoted business activities, privileges granted to investors, common types of business entities, how to maintain foreign control, and introduction to property law.

Course Outline

  • Foreign Business Act (FBA)
  • Definition of Foreigner
  • Restricted Business Activities/ Negative Lists
  • Capital Requirement
  • FBL Approval
  • General Criteria for FBL approval
  • FBL Exceptions
  • Investment Promotion
  • Major Investment Authorities
  • The Board of Investment of Thailand (BOI)
  • Industrial Estate Authority of Thailand (IEAT)
  • Eastern Economic Corridor (EEC) Committee
  • Key Incentives and Privileges
  • Promoted Activities
  • Types of Business Entities and Scope of Activities
  • Private Limited Company
  • Branch Office
  • Etc.
  • Maintaining Foreign Control under Thai JV company
  • Thai Majority Ownership
  • Protection for Minority Shareholder(s)
  • Shareholding Structure
  • Concerned issues in Shareholders’ agreement and JV Agreement
  • Land Ownership

Who Should Attend 

Any foreign investors planning or are currently doing business in Thailand. Participants will gain basic legal knowledge related to investment laws in Thailand.

Trainer Profile

Threenuch Bunruangthaworn
Partner, Bangkok, ZICOlaw (Thailand) Limited
Threenuch Bunruangthaworn is a partner in ZICOlaw (Thailand) Limited.  Her practice focuses on corporate and commercial matters, competition law and employment.  Threenuch has extensive experience in assisting both Thai and foreign multinational clients in setting up their business operations and advising on relevant laws regarding foreign investment legal compliance in Thailand, Cambodia and Myanmar.  She has been involved in a number of transactions concerning cross border acquisitions.  Threenuch also advises a number of labour legal issues for compliance with Thai labour laws.

Threenuch joined ZICOlaw (Thailand) in October 2007, prior to which she was a Legal Intern in Cohen Stimpert & Ford LLP, Los Angeles, (June 2007) and Legal Officer at the Bureau of Finance and Fiscal, The Comptroller General’s Department in The Ministry of Finance, Bangkok, Thailand (November 2001 - May 2002)

Administrative Details

  • Please logon to with your Username and Password to register. 
  • Please create an account for registration if you do not have an existing account with Singapore Business Federation (SBF)
  • Upon registration, please make payment using Credit Card via online payment platform. Auto e-acknowledgement and invoice will be sent to your registered email.
  • No cancellation will be allowed upon registration but attendance by a replacement delegate from your company due to exigency could be facilitated. Please notify SBF of the change with at least 3 working days’ notice prior to event to enable logistical arrangements for the replacement.
  • Payments are required with registration and must be received prior the event to guarantee your place.
  • Participants will only be admitted if payment/proof of payment has been received prior to the event or on event day.
  • You will still be liable for the payment in the event of no-show on actual day of the event.
  • SBF reserves the right to cancel or make any adjustments to the event.

Other Payment Modes

  1. Electronic Payment (Preferred payment mode. Document reference - Please key in 8-digit invoice number)

    Corporate PayNow (UEN: T02SS0073H),

    Bank Transfer (Bank / Branch Code: 7375 / 018, Account No: 118-313-180-5)

    Billing Organisation via UOB or DBS Website/Mobile app


    Payment can be made via our VISA/MasterCard terminal in our office

  3. Cheque Payment

Please cross your cheque payable to Singapore Business Federation and send it to:

160 Robinson Rd #06-01, SBF Center, Singapore 068914

Please indicate the Invoice number, Company and Participant(s) name(s) at the back of the cheque.

If you have registered less than 5 working days before the event date, please bring along your cheque on the day of event.  

Ref No: SB190420

All information, materials and related graphics contained herein and/or provided in the course of the training session(s) (hereinafter referred to as “Information and Materials”) are intended for informational and/or educational purposes only. The Singapore Business Federation does not claim ownership of any of the Information and Materials provided by the external training vendor(s). The information and Materials may from time to time include technical inaccuracies or typographical errors, and changes may be added periodically as may be necessary. Please note that photography, audio and video recording may occur during these events. All photography, audio and video recording may be used by Singapore Business Federation for education, marketing, promotional and/or publication purposes. If you do not wish to have your image recorded or published, for compelling and legitimate grounds relating to your situation, please inform our staff.

7/31/2019 9:00 AM - 12:30 PM
160 Robinson Road #06-01 SBF Center SINGAPORE 068914 SINGAPORE

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