COMPANY REGISTRATION THAILAND


SETTING UP A COMPANY IN THAILAND


Our firm specializes in setting up safe and secure company structures for foreigners. Our legal and consulting staff have set-up thousands of companies in Thailand and have decades of combined experience in company registration and all facets of Thai law for foreigners. Contact us for a free consultation, we are ready to help.

Anyone planning to register a business in Thailand will have heard that it is rarely as straightforward as they would like it to be. This is particularly true for those unfamiliar with Thai laws and legal practices. The good news is that with our expertise and extensive knowledge behind you, setting up a company in Thailand has never been easier. Thanks to a range of new government incentives, from tax allowances to easier access to work permits for non-Thai nationals, a great deal is now possible that would have been unthinkable not long ago. Thailand offers a wide variety of business structures, many of which are also available to foreigners (as long as they do not violate the conditions of the Foreign Business Act). The legal form of a business can be a sole proprietorship, an ordinary or limited partnership, a representative, regional or a branch office, a joint venture, a limited company or even a foreign company.
Moreover, each entity is either trading or non-trading and different rules apply towards its ownership (majority Thai vs. foreign).

We make your 
Thailand 
business 
registration fast, easy and affordable

THAI LIMITED COMPANY


In most cases, the preferred first step to setting up a new business in Thailand is the establishment of a Thai limited company – a Thai equivalent of the Limited Liability Company (LLC). Unlike in the West, its creation does not happen immediately but instead a more formalised incorporation process takes place. To begin the process, there are two essential documents: the Articles of Association and the Memorandum of Association, both of which must be registered with the Thai Ministry of Commerce. Articles of Association can be tailored to suit the specific needs of a company, as long as the original shareholders and promoters (if different) agree to the terms in writing.

 

LIMITED LIABILITY

COMPLETE CONTROL

FLEXIBLE OPTIONS




The liability of the shareholders is limited to the registered capitalization of the company. This provides high level security and protection for shareholders and investors.

 

By utilizing a tiered corporate share structure (preferred shares), control of the company can be maintained by adjusting share voting rights and dividend allocations.

 

A Limited company may engage in all business types business with the relative business licenses. Company shareholders, directors, objectives, name, address are all flexible.

 

LIMITED LIABILITY

COMPLETE CONTROL

FLEXIBLE OPTIONS




It is possible for foreigners to own 100% of the shares of a company in Thailand if their activates fall under certain relaxed or unrestricted criteria. See foreign ownership options.

 

A registered Thai company is eligible to apply for a corporate savings account, checking account and/or foreign currency account. Online banking functionality is available.

 

According the registered capital and other labor department criteria, a company may apply for multiple work permits to accommodate foreigner executives and staff members.


THAI LIMITED COMPANY


We create company registration packages that offer a flexible, customized and complete solution for all corporate requirements. All our packages include:

 

  • CUSTOMIZED AND FLEXIBLE SOLUTIONS
  • TRANSPARENT AND COST EFFECTIVE PRICING
  • CLEAR COMMUNICATION IN ENGLISH
  • LICENSED AND EXPERIENCED LAWYERS
  • SAFE & SECURE CORPORATE STRUCTURES
  • FAST PROCESSING TIMES
  • INTERNATIONAL STANDARDS

 

Liaise with native English-speaking consultants while licensed Thai lawyers execute professional work at sensible pricing.

CORPORATE STRUCTURES:

 

  • LIMITED COMPANY (LLC)
  • BOI COMPANY
  • EXPORT / MANUFACTURING
  • AMITY TREATY (USA)
  • TAT TOURISM
  • PROPERTY / HOLDING
  • REGISTERED PARTNERSHIP
  • SOLE PROPRIETOR
  • REPRESENTATIVE OFFICE
  • ROH REGIONAL HQ

 

PACKAGE OPTIONS:

 

  • CORPORATE REGISTRATION
  • BOI APPLICATION
  • FOREIGN BUSINESS LICENSE
  • CORPORATE BANK ACCOUNT
  • WORK PERMIT & VISA
  • TAX & VAT REGISTRATION
  • SOCIAL FUND REGISTRATION
  • BUSINESS LICENSES
  • REGISTERED ADDRESS
  • ACCOUNTING & AUDIT
  • DIRECTOR SERVICES
  • SHAREHOLDER SERVICES
  • CORPORATE SECRETARIAL
  • DOMAIN REGISTRATION
  • TRADEMARK & IP

the partner you can trust

Providing timely, creative, cost-effective legal solutions. 

100% FOREIGN OWNERSHIP OPTIONS FOR REGISTERING A THAI COMPANY


BOI – BOARD OF INVESTMENT COMPANY

A BOI promoted Thailand company can enjoy the benefits of 100% ownership, tax incentives and other government concessions.

 

FOREIGN BUSINESS LICENSE

A company may make an application for 100% foreign ownership by demonstrating a benefit to the country through technical and knowledge transfer, investment and employment factors.


 

THAILAND MANUFACTURING COMPANY

A company registered to MANUFACTURE FOR EXPORT ONLY with all revenues generated from outside Thailand is eligible for 100% foreign ownership.


 

US TREATY OF AMITY COMPANY REGISTRATION

American citizens can exercise 100% foreign ownership of a Thailand company by utilizing the Treaty of Amity agreement.


 

 THAILAND EXPORT COMPANY

A company registered to EXPORT ONLY with 100% of the revenues realized from outside Thailand is eligible for 100% foreign ownership.


 

 THAILAND HOTEL MANAGEMENT COMPANY

A company registered as HOTEL MANAGEMENT ONLY is eligible for 100% foreign ownership.

REPRESENTATIVE OFFICE, REGIONAL OPERATING HEADQUARTERS & BRANCH OFFICE

Other corporate registrations for foreign registered companies are possible with each carrying specific restrictions on operations and profit/revenue generations.


 

PROS & CONS OF A THAI LIMITED COMPANY


Thai limited companies are the preferred route for setting up a business in Thailand, largely because they are so similar to co-operations in other developed nations. The process will, therefore, feel familiar to businesspeople, even if they have little or no experience of business in Thailand. All limited companies have directors, shareholders (both Thai and foreign in many cases), promoters, and limited liability. In this case, limited liability means that the shareholder in a Thai company can only ever lose what capital they invested. Aside from familiarity, Thai limited companies are a popular way of doing business because they offer any number ways of generating profit. Although there are double taxation issues (on both the earnings of the company and dividends), many of these issues can be easily resolved by rolling profits into the salaries of directors and other shareholders. Another benefit of the Thai limited company is that the rights and obligations of all parties are set down in writing, ensuring everyone has a clear understanding of their legal standing within a company, unlike some joint ventures where a number of duties and privileges can drift into a complex grey area. With a Thai limited company, all legal entitlements and responsibilities are clearly stated and available for reference when required.

SETTING UP A THAI LIMITED COMPANY


Setting up a Thai limited company has never been easier. Before July 1, 2008, it would take approximately six weeks. Now the process can take as little as one day. What is more, only three mandatory shareholders are required to incorporate and register a new Thai limited company (as opposed to seven prior to 2008). These improvements come with an unprecedented government drive to encourage foreign business in Thailand. The door is now wide open for foreign investors, even more so following government policy changes which have streamlined the process of registering a new Thai company. If a Thai Company is majority owned by a foreigner, the foreigner must obtain a foreign business license before engaging in business activities. However, it is worth noting that a Thai limited company that is majority owned by a Thai will not encounter such restrictions. Consequently for many, it is beneficial to form a business partnership with a Thai national, in order to meet the legal definition of a “Thai company.”

COMPANY START-UP COSTS & FEES


The costs and legal fees for setting up a Thailand company will vary based on the type of corporate structure and the overall scope of legal work. We believe in transparent, upfront and Affordable pricing. Our corporate legal fees are almost entirely based on an itemized basis with the complete costs being presented in a quotation breakdown prior to commencing the legal work. We compile our costs to be fully inclusive of the associated government fees to offer a complete and comprehensive breakdown and cost analysis. We do not believe in adding fees after the fact. The government fees which are associated with the formation will include: costs for the registration of the company capitalization (per 1m baht), certification of documents, registration of memorandum, application for social fund, corporate licensing, work permit and Thai visa. Our legal and accounting Professionals are ready to discuss your business needs, and answer any questions you may have.

SUPPORTING SERVICES TO COMPANY SETUP


Sooner or later, every company has to undergo some changes in its structure and these need to be properly communicated to the relevant authorities. Therefore, in addition to company registration Thailand setup services (that roughly consists of six steps – registering the company name, filing the memorandum of association, statutory meeting, registering the company, registering for income tax and VAT and opening a corporate bank account), we can also assist you with corporate secretarial services and even accounting.

 

LICENSING AND COMPLIANCE

 

  • Alcohol License
  • Construction License
  • E-Commerce License
  • Factory License
  • FDA License
  • Food Licence
  • Hotel License
  • Health & Spa License
  • Import/Export License
  • Publishing License
  • Recruitment License
  • School License
  • TAT Tourism License

ACCOUNTING & AUDIT

 

  • General Accounting
  • Bookkeeping & Payroll
  • Personal Income Tax
  • Annual Audit
  • WORK PERMIT & VISA
  • Work Permit
  • Non-Immigrant Business Visa
  • Business Visa Extension

 

INTELLECTUAL PROPERTY

 

  • Trademark Registration
  • Patent Registration

REGISTERED ADDRESS


  • Virtual Office
  • Deskspace and Offices
  • CORPORATE SECRETARIAL
  • Annual Corporate Secretary
  • Change Company Shareholders
  • Change Company Director
  • Change Capital
  • Change Company Address
  • Change Company Name
  • Change Company Objectives
  • Register a .co.th Domain Name
  • Close a Company