Thailand BOI has a measure o relax the limitation of foreign shareholding in manufacturing activities and to facilitate investors on their investment. The following criteria are used by the Board of Investment:
1.1 For a project in agriculture, animal husbandry, fishery, mineral exploration and mining and service business under Schedule One of the Foreign Business Act B.E. 2542, Thai nationals must hold shares totaling not less than 51 percent of the registered capital;
1.2 For manufacturing projects, in all zones, foreign investors may hold a majority or all shares in promoted projects;
1.3 The Board may specifically fix the shareholding of foreign investors on some promoted projects when it is deemed appropriate.
Contact Thailawyers for Thailand BOI promotion application, Thai company registration, and visa and work permit application.