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Update on the FBC’s proposed relaxation of certain foreign business restrictions

Brief: In a positive step for foreign investment in Thailand, we provide a brief update on the progress of the Foreign Business Committee’s proposal to relax the requirements imposed on certain service businesses among affiliated or group companies in Thailand.

Introduction

Further to our earlier article dated 18 October 2018 (available here), we provide a short update on the progress of the Foreign Business Committee’s (“FBC’s”) proposal to the Ministry of Commerce (“MOC”) to relax the requirements imposed on certain service businesses among affiliated or group companies in Thailand.

Download: SPI Newsletter (issue 15/2019)

By Linda Osathaworanan (Partner), Saithip Mansri (Partner), Panjaree Chumuang (Associate) and Petchada Kingwattanakul (Associate) © May 2019