Thailand’s Foreign Business Act (FBA) has been criticized by foreign investors for 50 years already. It allows trade and services for foreigners and foreign-controlled companies only to a very limited extent. However, especially now in times of U.S.-China economic war and military turmoil in Europe, entering the market in Thailand, the hub of emerging Southeast Asia, is actually a “must do” for Western and even Chinese companies.
Basic Regulations for Trade and Service in Thailand. Thailand protects its Businesses.
Thai industry is well developed. Western or Japanese machines and equipment as well as highly qualified services are in high demand.
A European machine manufacturer entered the Thai market through the establishment of a Representative Office. The illegal sales activities quickly attracted the attention of competitors. Therefore, the company needed to find an appropriate legal structure for their successful, albeit illegal sales operations.
Sanet Group, The Leading Legal Services Provider In Thailand. legal services Thailand team is the most prominent and can play a critical factor in the advancement of contemporary companies.