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Can foreigners own 100% of a business in Thailand?

Can foreigners own 100% of a business in Thailand?

Can a foreigner be a sole proprietor in Thailand? Sole Proprietorship in Thailand: Although foreigners are generally prohibited from doing business in Thailand as sole proprietors, U.S. citizens who register with the Thai Ministry of Business Development under the US-Thailand Friendship Treaty can operate a sole proprietorship in most industries. Can a foreigner be a CEO in the...

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