Tag: Thailand Foreign Business Act
Thailand Postpones Effective Date of Data Privacy Law
By Attorneys Naytiwut Jamallsawat & John Formichella Background The Thai Cabinet, on May 19, 2020, approved a Royal Decree on Organizations and Businesses which shall be exempted from compliance with the Personal Data Protection Act B.E. 2562 (2019) (“Royal Decree“) to delay the enforcement date of the Personal […]
Changes to the Thai Foreign Business Act
According to Thailand Foreign Business Act B.E. 2542 (FBA), there are three types of business activities that govern foreign participation in Thai commerce: List 1: Business Not Permitted to Foreigners List 2: Business Permitted to Foreigners under Conditions List 3: Business Not Yet Permitted to Foreigners […]