Can a foreigner own 100% of a company in Thailand?

Yes, but only under specific conditions: 1) Obtaining BOI Promotion (for tech/manufacturing), 2) Using the US Treaty of Amity (for US citizens), or 3) Getting a Foreign Business License. Otherwise, foreign ownership is generally capped at 49%.

Do I need a Thai partner to open a business?

For a standard Thai Limited Company operating in service sectors (FBA List 3), legal compliance usually requires 51% Thai shareholding. Nominee shareholders are illegal.

How much capital is required for a Work Permit?

A minimum of 2 Million THB registered capital (fully paid-up) is required for each foreign Work Permit, plus a ratio of 4 Thai employees per foreigner.

Company Registration in Thailand (2026) - Structures, BOI, Licenses

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