The highly debated draft of proposed amendments to the Thailand Foreign Business Law currently under review in the Thai government is available in English for the public to read on ThaiLawForum.
The draft amendments have recently caused an outcry from foreign firms in Thailand because in its present foreign it would severely limit foreign control over both existing and future joint-venture companies in Thailand and would significantly alter the ability of foreign majority owned businesses to register a company in Thailand.
The Thai Ministry of Commerce is discussing and evaluating the proposed amendments and its potential impacts on businesses in Thailand. To date, a finalized version has not been announced and changes could still be made to the latest copy currently available.
Read the English translation of the Thailand Foreign Business Law draft amendments.
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