Thailand

Thailand offers strategic location and BOI-promoted incentives, balanced by foreign ownership limits under the Foreign Business Act.

Region

Asia

Capital

Bangkok

Currency

THB

Language

Thai

Setup time

1–3 weeks

Tax

Corporate income tax 20%; BOI incentives available

Company types

How businesses are typically structured in Thailand.

Most common vehicle; foreign ownership generally capped at 49% without BOI promotion.

Best for

SMEs and joint ventures

Liability

Limited

Allows 100% foreign ownership and tax holidays in promoted sectors.

Best for

Tech, manufacturing, R&D

Non-revenue presence for research and sourcing.

Best for

Foreign companies exploring Thailand

The most relevant options for founders, employees, investors, and long-stay residents.

90 days to 1 year

Work and business activities.

Requirements

Employer sponsorship + work permit

Up to 4 years, no work permit needed

Highly-skilled professionals, investors, executives in target industries.

Requirements

Endorsement by relevant Thai agency

10 years

Wealthy globals, retirees, remote workers, skilled experts.

Requirements

Income/asset thresholds per category