I have some question about company ownership. Currently, our company has a capital of 2 mil THB and 51% local ownership. Is there any way to change company to be 100% foreign ownership?

Panwa: Kindly note that in case you would like to change company to be 100% foreign owned, you can do with options as below;

  1. You can apply under BOI
  2. Doing the business export 100% and no sale in local with 2 million capital
  3. Retail of all types of products by capital not lower than 100 million
  4. And wholesale of all types of products with capital not lower than 100 million
  5. Doing the business under Treaty of Amity (can hold the ownership 100% by US citizen)
  6. Register for trading of whole sale or retail business with capital of Baht 100 million for each kind.