Page 43 - Introduction to Investment Laws in Thailand

List One - Businesses Strictly Not Permitted to Foreigners
1) The Press, radio broadcasting station or radio and
television station business
2) Rice farming, plantation or crop growing
3) Livestock farming
4) Forestry and timber processing from a natural forest
5) Fishery, only in respect of the catchment of aquatic animals
in Thai waters and specific economic zones of Thailand
6) Extraction of Thai medicinal herbs
7) Trading and auction sale of antique objects of Thailand or
objects of the historical value of the country
8) Making or casting Buddha Images and monk alms‐bowls
9) Land trading
Source: DBD,2021, Doing business of foreigners According to the Foreign Business
Act, B.E. 2542, <https://www.dbd.go.th/download/foreign_file/pdf/foreing_basic.pdf>
and OSMEP, 2021, Applying for a permission to operate a business under the Foreign
Business Act BE. 2542 (1999), <
https://www.sme.go.th/upload/mod_download/download-20201027142127.pdf>

List 2 Businesses involving with national safety and security
and affecting art and culture, custom and tradition, local crafts or
natural resources and the environment
Group 1 Business involving with the safety and the security of the
nation
are these 2 items
1. Production, distribution and repair of
(a) weapon, cartridge set, gunpowder, explosive
(b) weapons' accessories, cartridge set, explosive
(c) war materials, ship, aircraft, military vehicles
(d) equipment or accessories of all kinds of war materials
2. Transportation by land, by water and by air in the country,
including domestic aviation

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