Foreign Direct Investment.

Thailand and the wider region of South-East Asia are on track to remain as drivers of global economic growth for decades to come. The country’s recent transition to a middle-income economy has and will continue to create new opportunities. Foreign corporations continue to invest heavily in Thailand and South-East Asia, with a marked increase over the last decade.

Our Foreign Direct Investment practice is ideally placed to advise on your investments in Thailand. We provide in-depth legal advice and assist in practical execution on your behalf. Our practice is distinctly business-minded, and our advice reaches beyond the strictly legal, with due consideration to your broader objectives and strategy.

We advise both private and foreign institutional clients, including state owned enterprises, on matters covering incorporation of companies and other types of entities, financial structures, including issuance of shares and bonds, dividends, capital increase and reduction, approval of financial statements and external audits, as well as all aspects of corporate governance.

International Outlook.

International in both outlook and experience, our practice has become the preferred local partner for many foreign businesses in Thailand.

Trusted Experts.

Entering a foreign market can be fraught with unexpected complications yet need not be. Our team will help you navigate any obstacles you may encounter.

Wealth of Experience.

The breadth of our experience allows us to advise our clients at every stage, and identify and resolve issues early on.

Advanced Solutions.

Depth and scope of expertise through regular involvement in some of the most significant and innovative transactions in the Thai market.

Experience.

Recent practitioner and practice Foreign Direct Investment highlights.

Foreign Business License (cash pooling)

Advised the Thai subsidiaries of one of the world’s leading Chinese and Japanese home appliance manufacturers in obtaining a Foreign Business License (FBL) to implement cross-border cash pooling arrangements with affiliated companies in Thailand and overseas. Scope of work included advising on the regulatory framework and legal requirements under the Foreign Business Act B.E. 2542 (1999) in relation to the provision of treasury and cash pooling services in Thailand and structuring the proposed cash pooling arrangement to ensure compliance with applicable Thai foreign ownership and regulatory restrictions. The engagement also covered the preparation and submission of the Foreign Business License (FBL) application to the Department of Business Development (DBD), Ministry of Commerce, as well as liaising and negotiating with relevant government authorities, including attending meetings with DBD officers to address regulatory queries and fulfil application requirements. In addition, the work included drafting and reviewing cash pooling agreements and a loan agreement with a credit facility of THB 18 million to support the implementation of the structure.

Foreign Business License for AI-powered screening and health assessment

Advised a Japanese conglomerate on its complex and pioneering AI-powered cancer screening and general health assessment business, successfully obtaining a landmark Foreign Business Licence (“FBL”) for a project valued at approximately USD 1 million.

Global energy company ASEAN investment advice

Advised global energy company on the investment structure in Indonesia and other ASEAN countries.

Experts.

Latest News.

  • ALB recognizes Pathorn Towongchuen as a 2026 ALB Asia Super 50 Disputes Lawyer

  • On 14 July 2026, Thailand’s Department of Business Development (DBD) issued Order No. 2/2569, introducing enhanced documentary requirements aimed at preventing the use of nominee shareholders to circumvent the foreign ownership restrictions under the Foreign Business Act B.E. 2542 (1999) (FBA). Effective from 1 August 2026, the Order consolidates and replaces two earlier DBD orders, while expanding the evidence required to verify that Thai shareholders are genuine investors and beneficial owners of their interests. In this Insight Krittiya Wuddhihiranpreeda, Thanchanok Engsrisawang, Kanatat Damrongchaitham, Nutcha Maneein, and William Wollmann examine the key changes introduced by Order No. 2/2569, including the new requirements for incorporations and corporate amendments involving foreign participation, and consider the practical implications for businesses and investors operating in Thailand.

  • On 1 July 2026, Thailand’s Securities and Exchange Commission (SEC) introduced a fundamentally revised regulatory framework for Related Party Transactions (RPTs) and Material Transactions (MTs) applicable to companies listed on the Stock Exchange of Thailand (SET) and the Market for Alternative Investment (mai). While attention has largely focused on specific rule changes, the reform represents a broader shift in the SEC’s approach to transaction oversight, corporate governance, and investor protection. In this Insight Arnut Pongprueksa, Maythawi Boonyapinyo, Thananya Chaikamonsuk, and Parithat Chamnongsilp outline the key themes underpinning the new framework, highlighting the most significant regulatory developments, and outline the practical implications for listed companies.

  • TTT+Partners awarded Deal of Year 2026 for landmark GULF-INTUCH merger

Other Practices.

Mergers & Acquisitions

Innovative solutions that span the full deal lifecycle.

Corporate Governance

A pro-active and integral part of your team.

Capital Markets

Expert advice on debt and equity instruments in Thailand.

Our Solutions.

Trusted.

Our team has an outstanding reputation for providing solutions to even the most complex issues. Yet, it is our consistency that sets us apart, and has earned the trust of many of Thailand’s leading executives.

Thorough.

We pride ourselves on the depth and quality of our analysis, which allows us to confidently formulate solutions that are optimised and provide tangible benefits to our clients.

Transformative.

Beyond completion, we strive for transformation. Our advice is always based on a full understanding of client needs, resulting in solutions that deliver a lasting positive impact.

Contact Us.

Call us on +66 (0)20 805 699