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Can a foreigner own a business in Thailand?

Can a foreigner own a business in Thailand?

Remember, foreigners are not allowed to own 100\% shares of any business in Thailand, unless you are a US citizen which you can read more about below. The most popular way to start a business in Thailand is to register a business under a Thai person.

Can a foreigner open a restaurant in Thailand?

You might already thought about opening a restaurant in Thailand to contribute your unique taste in the “Kitchen of the World”. That means the majority of shares in this company must be owned by that Thai citizen. And you as a foreigner can only own up to 49\% of that company.

Can you buy property in Thailand if you are not a citizen?

Generally, foreigners are not allowed to directly purchase land in Thailand. Simply put, Thai laws prohibit foreigners from owning land in their own name, although theoretically there is an exception but it is yet to be seen in practice.

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Can you own a bar in Thailand?

In order to open a bar in Thailand, foreign citizens need to have a Thai partner who must own 51\% of the business. On the other hand, opening a bar in Thailand means respecting the rules and the regulations as for opening any kind of business in the country.

Can foreigners buy commercial property in Thailand?

Can foreigners buy commercial property in Thailand? Foreign individuals can generally not own commercial property in Thailand. Instead, it’s far more common to buy condo units as the buying process is straightforward and you can even own the units on a freehold basis.

Can foreigners sell food in Thailand?

There are two types of Food Licenses in Thailand depending on your business. Obtaining a work permit to sell food in Thailand as a foreigner is very difficult to obtain but not impossible. Manufacture: If you are going to import food into Thailand then you will need a license for this process as well.

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How much does it cost to open a cafe in Thailand?

There are cheaper Thai coffee franchises that can get you from ground up to running for around 150,000THB for a small café.

Can a foreigner buy a condo in Bangkok?

According to Thai law, foreigners are allowed to purchase freehold condominiums sans restrictions as long as the foreigner quota ratio does not exceed 49\% of the saleable area in a building.

Is it safe to buy property in Thailand?

There are restrictions in Thai law which prevent foreigners from owning landed property. This includes not only parcels of land, but also landed houses or villas. Foreigners must accept that if they attempt to circumnavigate the law without the proper legal advice there are risks involved.

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