With the ministerial regulation by the Ministry of Commerce of
June 25th, 2019, the following services provided by foreign-owned
companies, to affiliated companies, are excluded from the
obligation to obtain a Foreign Business License according to
Schedule Three (21) of the Foreign Business Act.
- Lending money to affiliated companies
in Thailand;
- Renting out office space
- Providing consultation and
recommendations in the following sectors:
- Management;
- Marketing;
- Human resources;
- Information technology.
It needs to be mentioned that it is possible to provide
consultation and recommendations to affiliated companies that are
located outside of Thailand.
Before the new regulation came into effect, foreign companies
providing these services had to obtain a Foreign Business License
to act in accordance with the law. This required them to fulfill
additional conditions which were hard to meet for small companies
or Start-Ups. This new regulation
