US Treaty of Amity Company in Thailand — 100% American Ownership, End-to-End Setup from Phuket

Why the Treaty of Amity still matters in 2026

The Foreign Business Act (FBA) B.E. 2542 blocks foreign majority ownership in most service and trading categories. Americans are the only nationality with a bilateral treaty that overrides this restriction — a strategic advantage no other Western passport offers in Thailand.

For a US software consultancy, marketing agency, engineering firm or e-commerce operation in Phuket, Treaty of Amity is faster than BOI (no promotion application, no reporting), cheaper than an FBL (no THB 3M FBL fee and no case-by-case cabinet approval), and permanent (no annual renewal).

Who qualifies

Two eligibility paths under Article IV of the Treaty:

• Individual — a US citizen (natural person) with a valid US passport
• Corporate — a company incorporated in the US, with at least 50% US-citizen ownership traced to the ultimate beneficial owners
• Executives and majority of directors must be US citizens or Thai nationals — no third-country majority

What Treaty companies cannot do

The Treaty carves out six restricted sectors where 100% US ownership is not permitted, even with Amity registration:

• Communications (telecoms, broadcasting)
• Transport (land, sea, air)
• Fiduciary functions (custodial, trust)
• Banking involving depository functions
• Exploitation of land or other natural resources
• Domestic trade in indigenous agricultural products

The full 4–6 week workflow we run for you

Every step below is executed by our team; the US principal signs three sets of documents (POA, MOA, shareholder resolution) once, remotely, notarized at their local US notary and Apostilled.