Thailand continues to strengthen its position as a regional investment hub through measures aimed at facilitating high-value and technology-driven investments. Most recently, the Board of Investment (“BOI”) launched the Investment Acceleration Program (Thailand FastPass), a new initiative designed to streamline approvals and permits for strategic investment projects and expedite their implementation.

The program forms part of the government’s broader economic strategy to attract advanced industries, enhance Thailand’s competitiveness, create high-quality employment opportunities, and support the country’s long-term objective of becoming a high-income economy.

What Investors Should Know

• Thailand FastPass is a government initiative designed to accelerate approvals and permits for major investment projects in targeted industries.

• The program seeks to reduce approval timelines by approximately 20% to 50% through enhanced inter-agency coordination.

• Eligible projects must have already applied for BOI investment promotion and involve a minimum investment of THB 1 billion (approx. US$ 30 million), excluding land costs and working capital.

• Projects must operate in targeted industries, utilize advanced technologies, and qualify for at least eight years of corporate income tax exemption under BOI promotion criteria.

• Selected projects receive Thailand FastPass facilitation services for two years.

• Investors must implement at least 20% of the total investment value within six months of receiving the Thailand FastPass certificate, failing which the privilege may be revoked, subject to certain exceptions.

Focus on High-Technology and Strategic Industries

The first group of 23 companies receiving Thailand FastPass privileges and BOI promotion certificates are engaged in advanced technology sectors rather than labor-intensive manufacturing. These include businesses involved in the production of rockets, satellites, LiDAR systems for the automotive industry, and aircraft engine components for Airbus.

According to the BOI, the program is intended to support investments in targeted industries that utilize advanced technologies and contribute to Thailand’s long-term economic development. Examples include:

• biotechnology;
• electric vehicles and key components;
• semiconductors and advanced electronics;
• digital technology and artificial intelligence (AI);
• clean energy and related technologies; and
• other strategic industries qualifying for long-term BOI tax incentives.

The initiative is designed to promote innovation, technological development, and stronger integration with domestic supply chains while enhancing Thailand’s attractiveness as a destination for high-value foreign direct investment.

Eligibility Requirements

The eligibility criteria for participation in Thailand FastPass are set out in the Announcement of the Office of the Board of Investment No. Por. 1/2569, dated 8 January 2026.

Under the announcement, qualifying projects must satisfy the following requirements:

• The project must have already applied for BOI investment promotion.
• The project must involve a capital investment of at least THB 1 billion, excluding land acquisition costs and working capital.
• The project must operate in targeted industries, utilize advanced technologies, and qualify for a corporate income tax exemption period of at least eight years under the BOI promotion framework.
• The project must generate substantial economic benefits, including:
  • employment opportunities for Thai personnel;
  • integration with domestic supply chains; and
  • enhancement of technological capabilities within Thailand.

Projects approved under the program are entitled to Thailand FastPass facilitation services for a period of two years.

In addition, investors must implement at least 20% of the total investment value within six months from the date of receiving the Thailand FastPass certificate. Failure to meet this requirement may result in the revocation of Thailand FastPass privileges, although exceptions may be considered where delays are attributable to government agencies.

Streamlined Government Approvals

A key feature of Thailand FastPass is the coordinated involvement of multiple government agencies to reduce administrative burdens and accelerate project implementation.

The pilot phase currently involves eight government agencies:

• Board of Investment (BOI);
• Department of Industrial Works;
• Customs Department;
• Office of Natural Resources and Environmental Policy and Planning;
• Industrial Estate Authority of Thailand (IEAT);
• Energy Regulatory Commission;
• Metropolitan Electricity Authority; and
• Provincial Electricity Authority.

The program is intended to facilitate the processing of factory permits, environmental approvals, utility connections, customs procedures, and other regulatory requirements that are critical to the timely implementation of large-scale projects.

The government has also indicated that Thailand FastPass represents an important shift towards a more investor-oriented regulatory framework, with public authorities acting as facilitators in addition to their traditional regulatory functions. In the longer term, the authorities envisage a fully digital system through which applications may be submitted online and approved automatically once all statutory requirements have been satisfied.

Strong Investment Momentum

Thailand FastPass has been introduced against the backdrop of strong investment growth in Thailand.

According to official figures, investment promotion applications reached a record THB 1.8 trillion (approx. US$ 54 billion) in 2025, while applications during the first quarter of 2026 totaled THB 1 trillion (approx. US$ 30 billion), representing a 142% increase compared with the corresponding period of the previous year.

The government has set a target of generating approximately THB 700 billion (approx. US$ 21 billion) in actual investment during 2026 through the accelerated initiatives, with more than THB 200 billion in real spending already having entered the economy.

Thailand’s international competitiveness has likewise improved, with the IMD World Competitiveness Center recently raising the country’s overall ranking from 30th to 26th globally and its ranking for international investment from 30th to 24th. International rating agencies have also upgraded Thailand’s outlook to stable, reinforcing investor confidence.

从判决到回款：泰国法院执行程序解析

了解泰国法院的判决执行程序、时间周期与实务挑战有助于将胜诉判决真正转化为债权回收。

获得有利的法院判决无疑是任何案件中的关键步骤。然而，从商业角度来看，这往往仅仅是开始。

即使债权人成功取得胜诉判决，如果债务人拒绝履行付款义务，或缺乏足够资金清偿债务，债权人仍可能面临重大挑战。在实践中，能否真正实现债权回收，很大程度上取决于债权人能否通过泰国的司法执行程序有效执行胜诉判决。

因此，对于企业、投资者以及金融机构而言，了解判决执行机制的重要性，并不亚于赢得诉讼本身。

泰国判决执行的规模

泰国判决执行的规模

泰国法律执行厅（Legal Execution Department，简称“LED”）处理的大量案例，充分反映出主动推进判决执行的重要性。

根据泰国法律执行厅厅长公布的数据，截至2024年10月31日，泰国共有超过417万件民事及破产案件处于执行阶段，涉及债权总额超过19.1万亿泰铢（约合5,850亿美元）。这一金额甚至超过了泰国国内生产总值（GDP），充分凸显了有效债务追偿机制对于整体经济的重要意义。

根据2025年2月公布的进一步统计数据，约84.4万件执行案件已进入查封、扣押或冻结程序，但仍有超过335万份执行令尚未被债权人启动执行程序。这些尚未采取执行措施的案件涉及债权金额约16万亿泰铢（约合4,900亿美元）。

这一现实说明了一个简单而重要的道理：

取得法院判决并不意味着自动获得付款。

如果债权人希望实现实际回款，则必须主动推动执行程序，并严格遵守执行时效等相关法律要求。

法律框架

根据泰国法律，当胜诉判决的债务人未履行法院判决确定的义务时——无论该义务是支付金钱、交付财产、腾退房屋，还是履行其他法定义务——判决债权人均需主动启动执行程序。

对于金钱给付类案件，主要执行方式包括：

• 查封和扣押财产，包括土地、建筑物、车辆、机器设备及股权；
• 冻结债权及应收款项，例如银行账户资金、租金收入、工资收入、股息以及第三方应向债务人支付的其他款项。

在财产被查封后，法律执行厅可依法组织公开拍卖，并按照法定受偿顺位将拍卖所得分配给债权人。

尽管每个案件情况有所不同，但典型的执行程序通常包括以下阶段：

1. 取得法院判决

当书面判决作出且债务人在法定期限内未履行义务时，即可启动执行程序。值得注意的是，在某些情况下，即使判决尚未最终生效，也可以申请采取执行措施。

2. 申请执行令（Writ of Execution）

判决债权人必须向法院申请执行令，以授权法院采取具体的执行措施。

根据泰国法律，执行程序通常须在相关判决最终生效之日起十年内启动。如果债权人在该期限内未采取行动，则可能永久丧失执行权利

财产调查与资产追踪

是否执行成功在很大程度上取决于是否能够发现可供执行的资产。

在实践中，寻找债务人财产的主要责任通常由债权人承担，因为法律执行厅原则上不会主动对债务人的全部财产进行全面调查。虽然执行官员有权向政府机构及其他组织调取相关信息，但债权人仍需积极配合执行工作，并向法律执行厅提供有关债务人财产的有效线索。

常见调查内容包括：

• 土地所有权登记信息；
• 公司股权结构；
• 车辆登记记录；
• 银行账户信息；
• 租金收入；
• 位于泰国境内的其他经营性资产。

特别是当存在债务人转移、处分或设定担保负担的风险时，尽早开展资产调查更显得尤为重要。

4. 查封、冻结及公开拍卖

一旦发现可供执行的资产，法律执行厅即可启动查封或冻结程序。

被查封的财产通常通过公开拍卖的方式进行处置，将非流动性资产转换为现金。随后，拍卖所得将根据法定优先顺位和既有担保权安排向债权人进行分配。

执行程序需要多长时间？

泰国判决执行所需的时间通常因债务人的资产情况以及是否存在争议而不同。

如果债务人拥有容易识别且可迅速处置的资产，例如：

• 银行账户存款；
• 已登记的不动产；

则债权回收可能在数月内完成。

但对于涉及：

• 资产调查；
• 多个债权人竞争受偿；
• 公开拍卖程序；

等复杂案件，执行周期可能显著延长。

根据世界银行《Doing Business 2020》报告的数据，在泰国执行一项商业合同债权平均需要约420天，其中约100天属于判决后的执行阶段。尽管该数据已不再更新，但仍能说明一个重要事实：

暨判决执行是一个独立程序，需要时间、规划以及持续管理。

执行周期可能受到以下因素影响：

• 债务人资产的存在情况及所在地；
• 有担保债权人的优先受偿权；
• 第三方提出的所有权争议；
• 公开拍卖程序安排；
• 债务人采取的拖延策略。

因此，债权人应将执行工作视为整体争议解决战略的重要组成部分，而非胜诉后的例行行政程序。

常见实务挑战

尽管泰国法律提供了较为完善的执行机制，但债权人在实践中仍经常遇到各种障碍。

例如，债务人可能：

• 转移资产；
• 通过公司架构或代持安排持有财产；
• 通过提出异议、协商分期付款或挑战查封和拍卖程序等方式拖延执行。

与此同时，第三方也可能主张：

• 对相关财产享有所有权；
• 对拍卖所得享有优先受偿权。

这些情况都可能导致执行程序进一步延长。

因此，在诉讼和执行过程中持续开展资产调查并密切跟踪案件进展，对于成功回收债权至关重要。

外国债权人的特别注意事项

外国债权人应特别注意的是，外国法院的判决原则上不能直接在泰国执行。

通常情况下，债权人需要重新向泰国法院提起诉讼，并将外国判决作为支持其主张的证据提交给泰国法院。

因此，在涉及泰国资产或业务运营的跨境交易中，企业应在交易架构设计阶段即充分考虑未来执行问题。

重点提示

法院判决固然是一项重要的法律胜利，但并不必然意味着能够实现实际回款。

企业和投资者应从一开始就关注执行问题，包括：

• 债务人在泰国是否拥有可识别资产；
• 相关资产是否已设定担保或存在权利负担；
• 预期回收金额是否足以覆盖执行成本和时间投入。

同时，在获得判决后，债权人应尽快：

• 申请执行令；
• 开展资产调查；
• 持续监督查封和拍卖程序。

只有有效的执行措施，才能最终将纸面上的胜诉判决转化为切实可见的商业成果。

我们如何提供帮助

在博睿思盛（BRS&S），我们长期为国内外客户提供泰国判决执行及债务追偿相关法律服务。

我们的服务范围包括：

• 诉前资产调查；
• 财产保全及临时救济措施；
• 法院诉讼程序；
• 法律执行厅执行程序；
• 财产查封与冻结；
• 公开拍卖程序；
• 跨境债权追偿策略设计。

通过将专业法律知识与商业实践经验相结合，我们帮助客户最大程度提高债权回收成功率，并将胜诉判决真正转化为实际商业成果。

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