Finding Thai Business Partners for a Joint Venture - BRW

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Finding Thai Business Partners for a Joint Venture: A Guide for Foreign Investors

How to Find Thai Partners or Local Shareholders for a Joint Venture?

If you are a foreign investor looking to start a business in Thailand, you may need to find reliable Thai partners or local shareholders, especially for business sectors restricted under the Foreign Business Act (FBA). Having the right partner is not only crucial for legal compliance, but also for long-term business success and growth in the Thai market.

Here’s a step-by-step guide on how to find Thai partners and how BRW can help you in this process.

✅ 1. Why Do Foreigners Need Thai Partners?

Under Thai law, foreigners are often limited to holding a maximum of 49% of shares in many business sectors, unless special licenses (like BOI or FBL) are obtained.

Having a trusted Thai partner can help:

Meet legal requirements for business ownership.
Facilitate market entry through local connections.
Build credibility and trust with customers, suppliers, and authorities.
Access government support and networks more effectively.

✅ 2. What Should You Look for in a Thai Partner?

Finding the right Thai partner is essential. Here are key qualities to look for:

✅ Trustworthiness and good reputation.
✅ Experience and knowledge in your business sector.
✅ Strong local network and connections with authorities and industry players.
✅ Financial stability and ability to invest, if needed.
✅ Shared business vision and long-term commitment.

✅ 3. Where to Find Thai Partners or Shareholders?

There are several ways to connect with potential Thai partners:

🔹 Chambers of Commerce and Business Networks

Thai Chamber of Commerce and Foreign Chambers of Commerce (e.g., American Chamber, British Chamber, European Chamber) offer networking opportunities.

🔹 Industry Associations and Professional Groups

Join business associations related to your industry to meet active Thai entrepreneurs.

🔹 Legal and Business Consultants

Professional consulting firms like BRW can introduce you to pre-screened and reliable Thai partners.

🔹 Business Matchmaking Services

Specific joint venture and business matching programs can help connect you to vetted partners.

🔹 Personal and Professional Networks

Leverage connections through existing business partners, clients, and Thai contacts.

✅ 4. How BRW Can Help You Find the Right Thai Partner?

At BRW – Boonrawee Co., Ltd., we specialize in connecting foreign investors with reputable Thai partners and shareholders, thanks to our extensive network and active involvement in key Thai business organizations.

Why BRW is Your Trusted Partner Finder?

✅ Member of the Thai Chamber of Commerce — Access to a broad network of well-established Thai businesses.
✅ Executive Committee Member of MOC BizClub (Ministry of Commerce Business Club) — Direct connection with Thailand’s business community under the Ministry of Commerce, including SMEs and regional business leaders.
✅ Executive Committee of the Federation of SMEs — Strong relationships with SME owners, manufacturers, and service providers throughout Thailand.

💡 With these connections, BRW can help you find partners that match your business needs — whether you seek active partners, co-investors, or shareholders.

✅ 5. BRW’s Thai Partner Matching Services Include:

Understanding your business model and needs to identify ideal partners.
Pre-screening Thai partners to ensure they are credible, capable, and aligned with your goals.
Arranging introductions and facilitating negotiations.
Advising on joint venture structure and shareholding agreements.
Ensuring compliance with Thai laws, including avoiding illegal nominee arrangements.

🎯 Summary: Finding Thai Partners for Joint Ventures

Step	Details
Why need partners?	Legal compliance, local market access, credibility.
What to look for?	Trust, experience, network, investment capacity.
Where to find partners?	Chambers, associations, consultants like BRW.
BRW support	Matching, negotiation, legal compliance.

💼 Contact BRW for Thai Partner Matchmaking

If you are looking for the right Thai partner to ensure your success in Thailand, BRW is here to help you every step of the way — from finding partners to establishing legal agreements.

📞 Contact BRW today for personalized partner matching services and professional business setup solutions.