A foreigner who is applying for the FBL must meet the requirements as stated in section 16 of the Foreign Business Act(FBA): 1. Being of not less than 20 years of age 2. Having a residence in the Kingdom or having been permitted to enter the Kingdom temporarily under the law on immigration 3. Not … See more Under the FBA, there are three types of business activities: 1. List 1 – Businesses not permitted to foreigners 2. List 2 – Businesses permitted to foreigners under certain conditions 3. List 3 – Businesses not yet permitted to … See more As specific business activities are only permitted to foreign companies with a Foreign Business License, it is important that you obtain the license before engaging in the restricted activities. Contact Acclimeto … See more According to section 5 of the FBA, when granting permission for foreigners to operate in businesses in List 1, 2 and 3, the following criteria must be considered: 1. Advantageous and … See more WebBusiness Registration Certificate About DBD About DBD History Vision Mission Strategy Annual Report Law and Regulation Law and Regulation Law and Rules Ministerial …
DBD : กรมพัฒนาธุรกิจการค้า
WebSep 6, 2024 · Please provide a short summary of the Foreign Investment Restrictions adopted by your jurisdiction. The main legislation that governs and imposes restrictions on foreign investment in Thailand is the Foreign Business Act B.E. 2542 (1999) ("FBA"). The FBA provides a list of business activities that are reserved for Thai nationals and thus ... WebOct 4, 2024 · The provisions of the regulation are summarized accordingly: Section 2 clarifies that foreign-owned companies that are not required to obtain a foreign business license must have a minimum capital of THB 2 million which must be fully paid up prior to commencing operations. [1] On the other hand, Section 3 requires foreign-owned … netgear poe switch with sfp
A general review of the key regulation in 2024 for foreign …
WebDec 2, 2013 · December 2, 2013. The Department of Business Development (the “DBD”) (in Thai: กรมพัฒนาธุรกิจการค้า) is one of the Thai government agencies that most Thais and foreigners doing businesses in Thailand have to deal with most frequently. This article explains, in a nutshell, what the DBD is and what its ... WebAn application for license shall be submitted at the following places: (1) in Bangkok, at the Department of Business Development, the Ministry of Commerce or at such other place as prescribed by the Director-General in a Notification; (2) in other provinces, at the Provincial Office of Business Development or at such other place as prescribed ... it was lame