Section 4 of this Act also specifies the meaning of "Capital" concerning the 3 different kinds of a juristic person registered in Thailand as follows:
"Capital" means the registered capital of a limited company or paidup capital of a public limited company or the money invested in a partnership or juristic person by its partner(s) or its member(s).
Relevant Clauses
The relevant clauses are annexed to the Foreign Business Act B.E. 2542 (A.D. 1999).
Annex 1 – Businesses Not Permitted to Foreigners
Foreigners shall be prohibited from operating a business as prescribed in Annex 1 due to special reasons (Sec. 8(1))
For example:
Newspaper publication, radio broadcasting or television station business
Land trading
Trading and auctioning of Thai antiques or national historical objects.
These kinds of businesses are exclusively reserved to Thai companies. It is not possible to obtain the Foreign Business Operating License.
Annex 2 – Businesses Permitted to Foreigners under certain Conditions