Thailand's Cabinet approved the Startup Act draft law, removing legal barriers to startup financing and growth. Key measures include enabling convertible debentures, treasury stock mechanisms for employee incentives, and debt-to-equity conversion. The National Innovation Agency (NIA) will serve as a one-stop service center, with certified startups receiving 5-year benefits (extendable to 10 years for deep tech). The law also covers tax incentives, foreign talent support, IP protection, and access to government procurement—addressing structural constraints across the startup lifecycle rather than just capital-raising alone.