We are top specialists in company formation in Thailand; we have incorporated hundreds of companies with foreign shareholding structures.
| Quick Facts | |
|---|---|
| What are the types of companies available for registration in Thailand? | – private limited liability company, – public limited liability company, – unregistered ordinary partnership, – registered ordinary partnership, – limited partnership, – Board of Investment Promoted company |
Business forms available for foreign companies | – branch office, – subsidiary, – representative office |
Full foreign availability (YES/NO) | Subject to Board of Investment approval |
| What are the company formation steps in Thailand | – trading name reservation, – Articles of Association drafting and submission, – bank account opening, – tax registration, – licensing |
| Documents | – ID/passport copies of the shareholder and director, – Articles of Association, – company seal, – proof of registered address, – business activity description |
| Government registration fee | TBH 6,500 – 7,000 Commercial Register fee |
| Bank account opening support | Yes |
| Virtual office service availability | Yes |
| VAT registration assistance | Yes |
| Minimum number of shareholders | Two |
| Minimum number of directors | One |
| Resident director required | No |
| Minimum share capital for LTD | THB 100,000 (approx. USD 3,000) |
| How long does it take to register a company in Thailand? | 3 to 5 days for the procedure to be completed with the Companies Register through our services |
| Remote registration availability (YES/NO) | Yes, through our Thai specialists |
We invite you to watch a video on how our team can help you open a company in Thailand:
Foreign investors doing business in Thailand have different choices of entering the market. We offer in-depth consulting on the Thai Foreign Business License (FBL), US–Thailand Treaty of Amity, Thailand Board of Investment (BOI) Promotion as well as Joint Ventures, Corporate Restructuring, and Business Acquisitions in Thailand.– Jose Herrera, Managing Partner and Founder of Herrera and Partners (H&P)
Can I start a company in Thailand even if I’m not a local resident?
Regardless of your nationality or residence, you are welcome to open a company in Thailand. Thailand’s policy provides equal rights to foreign investors and local ones.
What info do you need in order to open a company in Thailand?
We will need the following from you:
- at least 3 company name proposals;
- the names of the shareholders and their contributions in the company;
- passport copies, proof of residential address, email addresses, and phone numbers for each shareholder;
- passport copy, residential address, email address, and contact number for the director;
- a description of the activities to be completed by the future Thai company.
Here is what to expect:
- you must first send the information mentioned above;
- based on them, we will draft the incorporation papers;
- we will then proceed to the incorporation of the company with the Commercial Register;
- once we enter into possession of the Certificate of Registration, we will have it translated into English and sent to the client.
IMPORTANT! The client is not required to travel to Thailand at any point of the company registration procedure, as it will be completed remotely through our professionals, who will also pay all required government fees.
Please read our infographic below about setting up a company in Thailand:
What are the company formation steps in Thailand?
- trading name reservation;
- document drafting and filing with the Department of Economic Development;
- bank account opening;
- company seal creation;
- tax and VAT registration.
What are the fees for company registration in Thailand?
The Government Fees are THB 6,500 – 7,000, depending on the documents issued by the Commercial Register. All receipts will be sent to the client.
Note: The fees above do not include our professional fees, which depend on the exact type of structure you will be opening in Thailand. You can contact us to receive a quick quotation.
Do you offer other services associated with starting a business in Thailand?
Yes, you can rely on us for:
- virtual office services, which can be used to obtain a registered address for the Thai company;
- VAT registration support, which can be completed remotely through a power of attorney;
- social security registration upon hiring employees, which can also be completed remotely;
- bank account opening for which the client must come to Thailand; however, one of our agents will accompany them to the bank to ensure effective communication.
What are the types of companies available for registration in Thailand?
The following:
- sole proprietorship: this is a good option for entrepreneurs carrying out a trade or profession;
- unregistered ordinary partnership: it requires at least 2 members who are jointly liable for the debts and obligations of the business;
- registered ordinary partnership: it is a distinct business from its members, who must be at least 2;
- the limited partnership: it must be set up by 2 members whose liability is limited to their contribution;
- the private limited liability company: it requires at least 2 shareholders;
- the public limited liability company: it is suitable for large-scale operations.
NOTE: Foreign companies can operate through branches, subsidiaries, and representative offices.
What is the minimum capital to open a company in Thailand?
An initial capital of THB 100,000 is required; however, we recommend a minimum of THB 2 million (approx. USD 60,000).
How long does it take to register a company in Thailand?
About 3-5 days once we file with the Thai Trade Registry. From experience, it takes about 1-2 weeks for the clients to prepare and sign the necessary documentation.
Contact our team for personalized assistance when opening a company in Thailand.