The Foreign Business Act and Other Foreign Business Restrictions
Group
3: The businesses affecting natural resources or environment:
(1)
Manufacturing
sugar from sugarcane;
(2)
Salt
farming, including underground salt;
(3)
Rock
salt mining;
(4)
Mining,
including rock blasting or crushing;
(5)
Wood
fabrication for furniture and utensil production.
List
Three
Businesses
which Thai nationals are not yet ready to compete with foreigners:
(1)
Rice
milling and flour production from rice and farm produce.
(2)
Fishery,
specifically marine animal culture.
(3)
Forestry
from forestation.
(4)
Production
of plywood, veneer board, chip board or hardboard.
(5)
Production
of lime.
(6)
Accounting
or service business.
(7)
Legal
service business.
(8)
Architecture
service business.
(9)
Engineering
service business.
(10)
Construction,
except for:
(a)
Construction
rendering basic services to the public in public utilities
or transport requiring special tools, machinery, technology
or construction expertise having the foreigner’s
minimum capital of 500 million baht or more.
(b)
Other
categories of construction as prescribed by the ministerial
regulations.
(11)
Broker
or agent business, except:
(a)
Being
a broker or agent for underwriting securities or services
connected with future trading of commodities or financing
instruments or securities.
(b)
Being
broker or agent for trading or procuring goods or services
necessary for production or rendering services amongst
affiliated enterprises.
(c)
Being
a broker or agent for trading, purchasing or distributing
or seeking both domestic and foreign markets for selling
domestically manufactured or imported goods in the manner
of international business operations having the foreigners
minimum capital 100 million baht or more.
(d)
Being
broker or agent of other category as prescribed by the
ministerial regulations.
(12)
Auction,
except:
(a)
Auction
in the manner of international bidding not being the auction
of antiques, historical artifacts or art objects which
are Thai works of art, handicraft or antiques having the
historical value.
(b)
Other
categories of auction as prescribed by the ministerial regulations.
(13)
Internal
trade connected with native products or produce not yet
prohibited by law.
(14)
Retailing
all categories of goods having the total minimum capital
less than 100 million Baht or having the minimum capital
of each shop less than 20 million Baht.
(15)
Wholesaling all categories of goods having minimum capital
of each shop less than 100 million Baht.
(16)
Advertising
business.
(17)
Hotel
business, except for hotel management service.
(18)
Guided
Tour.
(19)
Selling
food or beverages.
(20)
Plant
cultivation and propagation business.
(21)
Other categories of service business except that prescribed
in the ministerial regulations.
Disclaimer:
The information provided on this site is for informational
purposes only. No warranty is expressed or implied. Before
taking any legal action, persons are advised to seek the advice
of an attorney qualified in the area of law concerned.
