For the Building Construction business in Thailand is prohibited for foreign company, except the foreign company engages the business of construction of structures for delivery of infrastructure public services in the sphere of public utilities or transportation requiring the use of special apparatuses, machines, technology or expertise, with the minimum capital of 500 MM (five hundred million Baht) or upwards from foreigners.
Requirements
What are the requirements for Building Construction?
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Required Licenses and Certificates
- Established company in Thailand with at least 51% Thai shareholding
- Registration of VAT, TAX ID and Social Security
- Construction Permit
- Harmful to health business license: Business related to rocks, soil, sand or similar objects etc.