Useful Information Pertaining to Foreign Business Application Exemption
A production of food and/or food ingredients from domestic raw materials for exporting to other countries. We have researched and found that in the worst case scenario should BOI does not approve of your BOI application, you still have an option to commence of your business with regardless of applying for any Foreign Business License due to such business conduct/project does not fall into the prohibited business activities under Foreign Business Act. Therefore, you can duly operate such business in said scheme within Thailand; however, a fully paid-up registered capital at least 2 million Baht for
a newly set up company with foreign majority shareholding will be required.
We hope our information will be of use. Should you have any query, please feel free to contact us.