Registering a company should take up to a week if all requirements are in order
100% Foreign-owned
The Treaty of Amity allows US-owned sole proprietors, branches, representative offices, or limited companies registered in Thailand or the US to be fully or majority-owned by US citizens. They must hold no less than 50% of the company’s shares.
Reduced restrictions
The treaty also entitles American entities and individuals to venture into most businesses that may otherwise be prohibited to foreigners of other nationalities.
Prohibited activities
US businesses are prohibited from engaging and investing in the following activities:
Directors
US-owned companies under the Treaty can only appoint Thai or US citizens as directors. If there are multiple directors, the US director must hold greater influence over the Thai director.
Registered Capital
Companies seeking to avail the Treaty of Amity are required to have a minimum registered capital of 3 million Baht.