Cabinet approved the principle of a Startup Promotion Bill, now sent to the Council of State for review; it is not yet law. It is an optional framework for companies under 10 years old, average 3-year revenue up to 300 million baht, that have never paid dividends and are not controlled by another company. Eligible firms could get 5 years of benefits (public share offerings, bonds, debt-to-equity conversion, ESOP), with NIA as a one-stop contact for visas, IP, tax and procurement. Most SMEs need no action now; watch it only if you are a young, fast-growing company seeking outside equity.
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