An Amity Treaty Company is a company with American majority ownership. It can be a Thai limited company or a US registered corporation. The company has to be recognized as a company operating under the Amity Treaty by the Thailand Ministry of Commerce.
Different nationalities can be part of an Amity Treaty Company; however, the majority of shares has to be own by an American.
The Certificate of Business Operation will be issued by the Bureau of Foreign Business Administration, Department of Business Development of the Ministry of Commerce. In general, the process takes about one month. This specific treaty allows Americans to have access to ownership that is usually limited to Thai citizens, regarding the Foreign Business Act.
Our team can help you registering to a Thailand Amity Treaty Company. If you are a US citizen and want to open a company in Thailand, this can be one of the possibilities. Contact us to get more information.