Thailand Proposes Targeted Relaxation of Foreign Business Licensing for Eight Service Businesses

Executive summary Thailand has proposed a targeted relaxation of foreign business licensing requirements for eight specified service activities. The proposal is not a general repeal of the Foreign Business Act B.E. 2542, nor does it remove sector-specific regulatory obligations. Its practical effect, once enacted, would be to remove an additional Ministry of Commerce licensing layer … Continue reading Thailand Proposes Targeted Relaxation of Foreign Business Licensing for Eight Service Businesses