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Thailand relaxes foreign business rules for seven service sectors

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Thailand relaxes foreign business rules for seven service sectors

Thailand has eased regulations governing foreign business operations by removing the requirement to seek approval for seven categories of service businesses under a new ministerial regulation issued by the Ministry of Commerce.

Key facts

Summary

The Ministerial Regulation Prescribing Service Businesses Not Requiring Permission for Foreigners to Operate Businesses (No. 5), B.E. 2569 (2026) was published in the Royal Gazette, with Commerce Minister Suphajee Suthumpun signing the regulation under powers granted by the Foreign Business Act B.E. 2542 (1999).

The amendment aims to update the regulatory framework and facilitate foreign investment by expanding the list of service businesses that do not require permission under the Foreign Business Act.