Foreign Business License for Foreign Companies
Operating a restricted business activity in Thailand as a foreign-owned company requires a Foreign Business License. B-accounting guides foreign investors through the application process, legal structuring, and ongoing compliance under the Foreign Business Act B.E. 2542.
Book a Free AssessmentOur Foreign Business License Services
Operating a restricted business activity in Thailand as a foreign-owned company requires authorization under the Foreign Business Act. We support you across:
Operating without the right authorization carries real legal risk - we help you get, and keep, the right one.
Our Foreign Business License Process
We guide your FBL application through five stages:
Free Assessment
We determine whether your activity requires an FBL and which List it falls under.
Document Collection
We gather the corporate and supporting documents your application needs.
Application Filing
We file your application with the Department of Business Development.
DBD Review
We respond to DBD queries and represent you through any required hearings.
License & Compliance
Once issued, we brief you on your license conditions and monitor ongoing compliance.
Why Choose B-accounting for Your FBL
Foreign Business License FAQ
Who needs a Foreign Business License?
Any company more than 49% foreign-owned carrying out a List 2 or List 3 restricted activity.
How long does the FBL process take?
A List 3 application typically takes around 60 business days from acceptance; List 2 applications, which require Cabinet approval, take longer.
What's the minimum capital required?
Generally THB 2 million per restricted activity, sometimes higher - the paid-up timing depends on the activity and structure.
Can BOI promotion avoid the FBL requirement?
Yes, BOI promotion substitutes for a Foreign Business License.
What's the penalty for operating without an FBL?
It's a criminal offense - fines of up to THB 1 million, up to 3 years imprisonment, and forced closure of the business.
Does the US Treaty of Amity replace the FBL requirement?
Yes, for US-majority companies in most sectors, with exceptions including communications, transport, and natural resources.
Can B-accounting assist with FBL amendments?
Yes, including capital increases and changes to licensed conditions.
Ready to Operate Legally in Thailand?
Our specialists can assess your business activities, determine the right authorization path, and manage your Foreign Business License application from start to finish.
Book a Free Assessment