Treaty of Amity (US-Thailand 1966) — Foreign Business License
Department of Business Development (DBD) + 1966 Treaty + Foreign Business Act 1999 · best for US-owned business · Wholesale · Retail
NYC Legal's FDI Bar handles Treaty of Amity (US-Thailand 1966) — Foreign Business License across BOI, EEC, Amity, LTR, Smart Visa, IBC and ICSID.
Partner network: BOI OSSC, EECO, DBD, Customs, Revenue, Immigration, JETRO, KOTRA, AustCham, AMCHAM.
Treaty of Amity (US-Thailand 1966) — Foreign Business License takes 45-120 working days at 285,000-585,000 บาท — includes application, executive interview, certificate, customs registration and ongoing compliance.
We liaise with BOI, EECO, DBD, Customs, Revenue, Immigration, JETRO, KOTRA, AustCham and AMCHAM.
Coverage: BOI Activity-Based 2023, EEC 12 target industries, Amity 1966, FBA 1999, LTR Royal Decree 2022, IBC Act 2018.
BOI/EEC — 285+ projects approved, total investment ฿48,500M (2018-2025).
Coverage
How it works
- 1
Pre-application (7-14 days)
Eligibility screening + business plan + financial model + S-curve mapping.
- 2
Filing + supporting docs
BOI/EEC/Amity application + audited financials + management CVs + corporate docs.
- 3
Executive interview
Presentation to BOI/EECO committee + technology transfer + employment plan.
- 4
Approval + certificate
Promotion certificate / FBL / LTR endorsement + 30-day acceptance.
- 5
Implementation + compliance
Customs registration + work permit + tax filings + annual BOI report.
Frequently asked questions
Who fits Treaty of Amity (US-Thailand 1966) — Foreign Business License?
US-owned business, Wholesale, Retail, Services and any foreign investor seeking FDI incentives.
Total cost?
285,000-585,000 บาท — includes application fee, legal, accountancy, translation and ongoing compliance.
Timeline?
45-120 working days — BOI 60-180d, EEC 90-240d, Amity 45-120d, LTR 30-90d.
BOI vs EEC vs Amity?
BOI = sector-wide privileges. EEC = sector + 99-yr land + extra CIT cut. Amity = US-only 51% ownership + national treatment.
LTR vs Smart Visa?
LTR 10y + 17% flat tax + family / Smart 4y + 90-day waiver + spouse work permit — choose by profile.
Can I use a nominee?
Strictly prohibited — criminal under FBA § 36 + DBD circular 2006. Use Amity, BOI, IBC, or preferred shares instead.
When can I file ICSID?
When the state breaches BIT/FTA — notice + 6-mo cooling-off + ICSID/UNCITRAL panel + enforcement in 165 states.
EEC target industries?
12: NextGen Auto, Smart Electronics, Medical Tourism, Agri/Biotech, Food, Robotics, Aviation, Bio-fuels, Digital, Medical Hub, Defense, Education.