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Doubts cast over Thailand’s ability to attract world’s largest IR firms

webfact
webfact
in Thailand News - Discussion

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20 hours ago, lujanit said:

American companies would use the Amity treaty.

 

Background of the Thailand Treaty of Amity

The Thailand Treaty of Amity aims to provide significant advantages for US investors to run businesses in Thailand for both corporations and individuals. In particular, the Thailand Treaty of Amity provided the US two major trade advantages:

  • The Thailand Treaty of Amity permits American companies to hold majority of the shares or the whole company, branch office or representative office located in Thailand.
  • American companies may engage in business on the same basis as Thai companies, and are exempt from most of the restrictions of foreign investment imposed by the Alien Business Law of 1972.

Does this mean Americans can buy land using the company route?

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  • Dogmatix
    Dogmatix

    They did a good job legalizing cannabis.  it is now legal.

  • Jerno
    Jerno

    "The simple answer is no."  Not surprising,  Pray-hoot and his Gov't are a laughingstock over their ineptness implementing cannibis legalization, so how could they possiblity regulate more strict requ

  • zzaa09
    zzaa09

    Such projects wouldn't be allowed to proceed if they didn't have their numerous and filthy hands in the pie.  The manner in which Thai business is done.

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