American nationals can do business in Thailand as same as Thai nationals under the Treaty of Amity between Thailand and USA. However, there are certain business activities that Americans are not entitled to do under the Treaty of Amity unless the company complies with the Foreign Business Law and obtain a Foreign Business License. Such businesses are as follows:
- Transportation
- Logistics
- The duty to take care of property for the benefit of others
- Banking activities related to deposit-taking duties
- Exploitation of land or other natural resources
- Internal trade in local agricultural products
If you are an American who is looking to set up your business in Thailand, Thai Lawyers can assist you in Treaty of Amity company registration, obtaining a Foreign Business Certificate, opening a bank account and applying for your work permit and visa.