Foreign Business License (FBL) in Thailand

Common Challenges

The BOI application process can be complex and highly competitive. Here’s how I simplify it for you:

• Eligibility Assessment: Evaluate your business against BOI criteria to determine your eligibility.

• Application Preparation: Prepare and submit the required documents, including the business plan and feasibility study.

• Liaison with BOI: Act as your representative in meetings and communications with BOI officials.

• Post-Approval Support: Assist with implementing BOI requirements, such as reporting and compliance.

What is a Foreign Business License?

The Foreign Business License permits foreign companies to operate in industries typically reserved for Thai nationals under the Foreign Business Act. This includes sectors such as retail, construction, and consulting services. Without an FBL, operating in these industries is considered illegal and subject to penalties.

Avoid the pitfalls and delays of the FBL application process by working with an expert. I’ll ensure your application is accurate, complete, and fully compliant with Thai laws.

📅 Book a Free Consultation Today and take the first step toward operating your business legally in Thailand.

How I Can Help:

Applying for an FBL involves strict documentation requirements and adherence to Thai laws. Challenges include:

• Understanding the Foreign Business Act and how it applies to your business.

• Preparing a detailed business plan and financial projections.

• Navigating language barriers and bureaucratic processes.

I’ll help you overcome these challenges and ensure your application meets all necessary criteria.

FAQs About Foreign Business Licenses

1. How long does it take to get a Foreign Business License?

The process typically takes 3–6 months, depending on the complexity of your application and industry.

2. Can all foreign businesses apply for an FBL?

Not all business activities are eligible. I’ll assess your business to determine if an FBL is required and feasible.

3. What are the penalties for operating without an FBL?

Operating without an FBL can result in fines up to 1 million THB, business closure, and imprisonment for company directors.

4. Are there any exemptions to the FBL requirement?

Yes, businesses with BOI promotion or under the U.S.-Thailand Treaty of Amity may be exempt from needing an FBL.

5. What documents are required for an FBL application?

Key documents include your company registration, financial statements, a detailed business plan, and evidence of foreign ownership.