The Thai Foreign Business Act ("FBA"), A.D. 1999,
prohibits foreigners from engaging in certain business sectors,
including most of service businesses, without a Foreign Business
License ("FBL") or Foreign Business Certificate
("FBC"). However, the FBC will be granted swiftly for
Americans, in most business areas, because of the US-Thai Amity
Treaty of 1966, which gives exclusive rights and benefits to
citizens of the USA who wish to establish a business in
Thailand.
The treaty aims to provide significant advantages for U.S.
investors to run businesses in Thailand for both corporations and
individuals. In particular, the treaty grants the USA nationals two
significant trade advantages:
