Effective from 28th August 2019, the Ministerial Regulation on Determination of Minimum Capital and Period of Time for Bringing in or Remitting Minimum Capital into Thailand B.E. 2562 issued by the Ministry of Commerce under the Foreign Business Act B.E. 2542 (1999) (“FBA”) requires foreigners who are holders or non-holders of a Foreign Business License (“FBL”) or a Foreign Business Certificate (“FBC”) to remit the minimum capital into Thailand as follows:-
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