- We works with knowledgeable, globally-oriented and committed lawyers offering legal solutions to clients.
- Our expertise lies in giving end-to-end business solutions to investors, willing to start a company in Thailand.
- We also provide legal solutions for family and property related problems and immigration. Similarly, our legal experts safeguard your intellectual property.
Company Registration in Thailand
- The Fastest-Growing Economy.
- Heavily Industrialized Country.
- 3.5+ Million Companies
Be a Part of It
Setting up a company is easy, fast and hassle-free with us
- 100% foreign ownership
- Opening A Bank Account
- Company Name Reservation
- Globally Connected Business
- Good Relationships with Thai Government
- Multilingual Professionals
- Seamless Client Experience
6 Business Entities In Thailand
- To start a Thai limited liability company there should be minimum 3 shareholders and 1 promoter.
- A Thai Public Limited Company must have minimum 15 shareholders and 5 directors and half of them must be Thais.
- Multinationals can set-up a branch office in Thailand to accomplish a project, lasting for 5 years. Income derived from its activities is subjected to corporate income tax in Thailand.
- A representative office in Thailand can be 100% foreign owned. However, it cannot get involved into direct sales in the country.
- To have a control over subsidiaries in Asia a foreign company can establish a regional office in Thailand.
- Thailand Limited Partnership needs one limited partner and one general partner for registration.
5 Simple Steps For Company Registration In Thailand
1. Reservation of the Name
The company’s name should not be similar to any other Thai companies. The Business Development Office’s guidelines assist in deciding a name for your company. However, the approved name will be valid for thirty days without any extension.
2. Memorandum of Association
The document should include reserved name of the company, its business objectives, name of the promoter, the province where the company will be situated and the capital for registration. The Memorandum of Association is typically filed with the Business Development Office. The capital should include the par value alongside the number of shares. Nevertheless, the authorized capital is partly paid, but it must be issued fully. Even though, there isn’t any minimum capital requirement, it should be at least sufficient for the business operation.
3. The Statutory Meet
Upon elaborating the share structure, a statutory meeting is convened, wherein the articles of incorporation are approved. Also, the Board of Directors is decided. Further, it is confirmed that 25% of the par value of the subscribed share is paid.
4. Company Registration
The directors should submit their company’s establishment application within the three months of the Statutory Meeting. As for the fees, the amount for company registration is 50 baht each 100,000 baht of the registered capital. However, the minimum fee is 500 baht, where the maximum is up to 25,000 baht.
5. Tax Registration
Businesses should obtain their tax I.D. card as well as the number for the company within sixty days of the incorporation from the Thai Revenue Department. Companies earning 600,000 baht or more per annum should register for VAT.