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AsiaSoutheast AsiaTH

Thailand

AI Agent Legal Status: partial · Autonomy: moderate

partialAI Regulated
5Score /10

Legal Framework

Thailand has a SEC-regulated digital asset framework under the Digital Asset Business Decree B.E. 2561 (2018) and has issued AI Ethics Guidelines. The BOI provides investment incentives for technology businesses. The regulatory approach balances openness to innovation with consumer protection concerns.

Key Laws & Regulations

  • Digital Asset Business Decree B.E. 2561 (2018)
  • AI Ethics Guidelines
  • Personal Data Protection Act (PDPA) B.E. 2562

Business Formation

Thai Limited Company or BOI-promoted company for foreign investors. BOI promotion offers significant benefits including foreign ownership, tax holidays, and work permits.

Tax Implications

Standard CIT rate of 20%. BOI-promoted companies can receive CIT exemptions for up to 13 years depending on the activity and zone.

Opportunities

BOI incentives make Thailand cost-competitive for technology operations. Growing digital asset ecosystem with SEC oversight. Strategic location in ASEAN with strong tourism and services economy.

Highlights

Clear digital asset regulatory framework provides certainty for crypto-related AI ventures. BOI investment incentives are generous for qualified technology projects.

Risks & Challenges

Political instability and periodic government changes can affect policy continuity. Foreign Business Act restricts foreign ownership in many sectors. AI Ethics Guidelines are non-binding.