Introduction of Foreign Business License (FBL) and How to Apply
November 23, 2022
What is Foreign Business License (FBL) A Foreign Business License (FBL) in Thailand can be awarded to a foreign company (majority of the company’s shares are owned by non-Thais) or foreign investors that wish to operate a business that is normally restricted to foreign nationals under Thai Law. If a Foreign company would like to apply for a foreign business license, they must first check the “Foreign Business Act” to verify if the business type that they wish to operate
