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Date : 05/02/2013 09:53:26  View: 5240  Reply:

What kind of Business are regulated by the Law in Thailand
What kind of Business are regulated by the Law in Thailand ?We can be able to check Foreign Business Act 1999 categorized regulated business into 3 lists.
1. Business prohibited to foreigners due to special reasons.
Example : Rice Farming, Land Trading.

2. Business need to be permitted by the Minister with the approval of the Cabinet due to.
-National safety or security e.g. selling firearms.
-Effect on arts, cultures, traditional and folk handicrafts.
-Effect on natural resources or environm e.g. mining.


3. Business need to be permitted by the Director – General with the approval of the commission because Thai national are not ready to compete with foreigners.
- Advertising business, legal service business, wholesalling s.

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