Thai Company Registration

Doing busi­ness in Thai­land, you have the choice over what type of busi­ness orga­ni­za­tion to estab­lish — a Thai part­ner­ship, a Thai rep­re­sen­ta­tive office, or a Thai lim­ited com­pany. Inter­est­ingly, a pri­vate lim­ited com­pany is the most appeal­ing form of busi­ness orga­ni­za­tion among for­eign­ers that doing busi­ness in Thailand.

Doing busi­ness in Thai­land can be very com­pli­cated and may take you sev­eral weeks to com­plete the process. This is mainly due to the reg­is­tra­tion pro­ce­dures and the required doc­u­ments and forms being in Thai. It fol­lows that you need some­one you can trust and who is able to com­mu­ni­cate in Thai on your behalf to be able to suc­cess­fully review your com­pany registration.

We, our pro­fes­sional teams can assist you in set­ting up your com­pany in King­dom of Thai­land. Our reg­is­tra­tion ser­vice cov­ers all aspects of reg­is­ter­ing & oper­at­ing a busi­ness in Thai­land for an afford­able cost.

Thai Pri­vate Lim­ited Com­pany

This is the pre­ferred form of a juris­tic entity for for­eign indi­vid­u­als or com­pa­nies that new to Thai­land and who are inter­ested in estab­lish­ing a full juris­tic pres­ence here. It is the most pop­u­lar form of busi­ness struc­tures in Thai­land, and it also the most com­mon form of busi­ness reg­is­tra­tion in Thai­land. Due to the fact that not only are the Share­hold­ers’ lia­bil­i­ties lim­ited to the amount of the shares they pos­sess, but a Thai pri­vate lim­ited com­pany also allows sep­a­ra­tion between investor’s body and man­age­r­ial body.

Pri­vate Lim­ited Com­pany must also fol­low account­ing pro­ce­dures spec­i­fied in the Civil and Com­mer­cial code, the Rev­enue Code and the Accounts Act. A bal­ance sheet must be pre­pared once a year and filed with the Depart­ment of Rev­enue and Com­mer­cial Reg­is­tra­tion. In addi­tion, com­pa­nies are required to with­hold income tax from the salary of all reg­u­lar employees.

There are three main steps involved in the Com­pany Reg­is­tra­tion process, they are:

1. Com­pany Name Reservation

The first step is to reserve the desired com­pany name with the Depart­ment of Busi­ness Devel­op­ment (DBD), Min­istry of Com­merce, your company’s name needs to get approved from them. This reg­is­tra­tion is valid for an ini­tial 30 days. You have to give us three alter­na­tive com­pany name sug­ges­tion, we will apply it in per­son on your behalf.

2. Fil­ing of Mem­o­ran­dum of Association

This doc­u­ment must con­tain the objec­tives of your com­pany, the approved com­pany name, the autho­rized cap­i­tal, the desired loca­tion of the com­pany, the extent of lia­bil­ity of the direc­tors, as well as the names, nation­al­i­ties, addresses, occu­pa­tions, and ages of at least three pro­mot­ers. These three pro­mot­ers have to be nat­ural per­sons, and will have to sign the orig­i­nal appli­ca­tion form. Each must sub­scribe to a min­i­mum of one share of the com­pany each.

3. Sub­mis­sion of the Arti­cles of Association

Finally, the Arti­cles of Asso­ci­a­tion have to be sub­mit­ted defin­ing the specifics of the com­pany, i.e. share struc­ture and dis­tri­b­u­tion, types of shares, vot­ing rights, quo­rum, direc­tors, div­i­dends, audi­tors, and any other essen­tial reg­u­la­tions and char­ac­ter­is­tics of the com­pany. In prin­ci­ple, the fil­ing of these doc­u­ments com­pletes the reg­is­tra­tion process, and the company’s Cer­tifi­cate of Reg­is­tra­tion with sup­port­ing doc­u­ments will then be issued.

Our ser­vice includes:

• Com­pany name selec­tion
• Prepa­ra­tion of Mem­o­ran­dum of Asso­ci­a­tion
• Prepa­ra­tion of reg­is­tra­tion appli­ca­tion
• Draft­ing arti­cles of incor­po­ra­tion / com­pany by-laws
• For­ma­tion of share­holder struc­ture, and coor­di­na­tion of Thai share­hold­ers
• Selec­tion of ini­tial cap­i­tal­iza­tion level
• Cre­ation of com­pany seal/stamp
• Selec­tion and des­ig­na­tion of accountant/auditor
• Des­ig­na­tion of com­pany direc­tors
• Selec­tion of reg­is­tered office loca­tion, and cer­ti­fi­ca­tion of ten­ancy
• Sat­is­fy­ing require­ments for com­pany signs, office loca­tion maps
• Cor­po­rate Tax Reg­is­tra­tion
• VAT reg­is­tra­tion
• Social Fund reg­is­tra­tion
• Open­ing of Thai bank account
• Obtain­ing Alien Busi­ness License

Con­tact Us for your sup­port need.

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