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Are foreigners allowed to have majority shareholding or 100 percent ownership of a company?

April 26, 2017allowed COMPANY foreigners ownership SHAREHOLDING

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Are foreigners allowed to have majority shareholding or 100 percent ownership of a company?

1 Answer

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10 Posted

A. Yes, if the business of the company is not reserved for Thai nationals. Anyway, if a company’s business is regulated under the Alien Business Act 1999, the company must obtain an Alien Operation License from the Ministry of Commerce of Thailand.