NO&T Thailand Legal Update
Background
Currently, the Thai government is working on the draft ministerial regulation on prescribing service businesses which do not require a foreign business license No. 5 of … (“Draft”) to exempt three (3) further specific businesses from the ambit of restricted business under the Foreign Business Act of 1999 (“FBA”), i.e.: i) telecommunications services; ii) treasury centers; and iii) software development businesses. The purposes of the exemption are (i) to reduce the redundancy in regulatory requirements between the Department of Business Development (“DBD”), which is the regulator with general oversight in respect of restrictions on foreign-owned businesses, and other regulators exercising specific supervision such businesses, and (ii) to promote an investment-friendly environment for foreign investors in Thailand.
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Yasushi Kudo, Yukiko Konno, Takayuki Inukai (Co-author)
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Yoshinobu Koyama, Masato Kumeuchi, Masanori Tosu (Co-author)
Kenji Tosaki, Takahiro Hatori, Nozomi Kato (Co-author)
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Keiji Tonomura, Minh Thi Cao Koike (Co-author)
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Yasushi Kudo, Tsubasa Watanabe, Hayato Maruta (Co-author)
Anastasia Jessica Maureen
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Anastasia Jessica Maureen
(December 2024)
Hiromi Hattori, Yuichi Miyashita (Co-author)
Yuan Yao Lee
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(January 2025)
Shunsuke Minowa, Yothin Intaraprasong, Ponpun Krataykhwan, Nopparak Yangiam, Salin Kongpakpaisarn, Poonyisa Sornchangwat (Co-author)
Anastasia Jessica Maureen
Rashmi Grover
Poonyisa Sornchangwat, Kwanchanok Jantakram (Co-author)
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Kara Quek, Kennosuke Muro (Co-author)
Rashmi Grover
Poonyisa Sornchangwat, Kwanchanok Jantakram (Co-author)
Yoichi Maekawa
Kara Quek, Kennosuke Muro (Co-author)
Poonyisa Sornchangwat, Kwanchanok Jantakram (Co-author)
Yothin Intaraprasong, Chattong Sunthorn-opas, Thunsinee Sungmongkol (Co-author)
Shunsuke Minowa, Poonyisa Sornchangwat, Niparat Pothong (Co-author)
(January 2025)
Shunsuke Minowa, Yothin Intaraprasong, Ponpun Krataykhwan, Nopparak Yangiam, Salin Kongpakpaisarn, Poonyisa Sornchangwat (Co-author)
