The Foreign Business Certificate (FBC) is the business certificate of foreign company who can obtain the privilege under the Treaty of Amity or the Investment Promotion Law in Thailand.
Basically, the foreign company who is established in Thailand with 100% foreign ownership is required to apply for the Foreign Business License (FBL) before operating business according to the Foreign Business Act B.E. 2542 (1999). However, the foreign company who operates the business under the criteria of Treaty of Amity or Investment Promotion Law is required to obtain the Foreign Business Certificate (FBC) only.
Who can obtain the privilege of Treaty or Investment Promotion?
The foreign company who can obtain the privilege under the Treaty of Amity or the Investment Promotion Law as follows:
- Foreigners operating businesses specified in the Lists annexed of Foreign Business Act by virtue of a treaty to which Thailand becomes a party such as US-TH Treaty of Amity, TH-AUS Free Trade Agreement and JP-TH Economic Partnership Agreement etc.
- The business of the foreigner who is promoted under the law on investment promotion (BOI) or granted written permission for the operation of the industry or the operation of trade for export under the law on the Industrial Estate of Thailand.
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Requirements
- Certificate grantees under the Treaty or Investment Promotion
- Minimum capital not less than 25% of the average per year of three year estimated expenditure., or 25% of capital has to be remitted into Thailand, except certificate grantees under the Investment Promotion Certificate.
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Procedures
- Provide the company establishment’s documents, translations and Financial Statement (if any).
- Prepare and complete application forms together with supporting documents
- Submit application and supporting documents to the DBD and
- the Director-General will issue the certificate within 30 days of the application submission date.
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Government Fee
22,000 THB
Our Services
- Providing Certificate grantees under the Treaty or Investment Promotion application and supporting documents
- Providing FBC application and supporting documents
- Translation
- Legalization by Ministry of Foreign Affair
- Legalization by Embassy
- Power of Attorney
- Notary Public
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