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Company formation in Thailand

Comprehensive assistance in company formation, including banking services

How to form a company in Thailand

1
Document submission
You submit to us necessary documents of the future founders and directors for the purposes of company formation in Thailand and opening a bank account in Thailand
2
Payment of services
Payment of our services for company formation in Thailand and/or bank account assistance in Thailand
3
Company formation
We register a new company in Thailand for you. Upon completion of the registraion corporate documents are either delivered to you or submitted to a bank for the subsequent opening of a bank account
4
Bank account opening
In case you request an assistance with a bank account, we arrange an interview at the bank for you, inform you about the date of the visit and accompany you on your way to the bank. After the bank account is opened and active you receive corporate documents of the formed company as well as the access to the bank account
Key aspects to consider prior to incorporating a company in Thailand
Register a company in Thailand
Minimum share capital of a บริษัทจำกัด (private limited company) in Thailand amounts to just 15 TBH in case Thai residents maintain a total share of at least 51%.
1. Founders that would like to register a company in Thailand can either be resident or non-resident in Thailand. Founders can be either individuals or legal entities. However, it is highly recommended to have a 1 or more residents of Thailand as the company's major shareholders with a total share of 51% due to the Foreign Business Act of Thailand that limits a large number of business operations.

2. A resident or a non-resident individual can be a company director in Thailand. It is not required to register a company in Thailand with a Thai citizen as one of its directors.

3. One individual can register a company in Thailand and simultaneously be a shareholder and a director in this company if such company is registered as a private limited company.

4. There is no requirement for creating substance in Thailand - no need to hire local employees or rent an office in order to register a company in Thailand or to conduct business in this jurisdiction.

5. Minimum share capital that is required to register a company in Thailand as a private limited company with Thai residents having at minimum a 51% share in the company is THB 15.

If foreign ownership, on the other hand, exceeds 51% in the newly registered company in Thailand and was established under a treaty or trade agreements and is not required to obtain a foreign business licence, the minimum share capital amounts to THB 2 million.

If a foreign-owned company was registered in Thailand under a treaty or trade agreements and is required to obtain a foreign business licence, the minimum share capital amounts to THB 3 million.

6. Information about company founders, shareholders and directors after company registration in Thailand is complete is not publicly available in the state corporate register.

7. We can help you register a company in Thailand remotely, on the basis of a power of attorney.
Cost of services
Formation of a บริษัทจำกัด
Timeframe - 15 business days
EUR 7800
Standard
  • Company formation
  • State fees
  • Legal address for 1 year
  • Notary services
  • Company seal
Select
EUR 8900
Extended
  • Company formation
  • State fees
  • Legal address for 1 year
  • Notary services
  • Company seal
  • Bank account in Thailand
Select
From EUR 9500
Extended
  • Company formation
  • State fees
  • Legal address for 1 year
  • Notary services
  • Company seal
  • Bank account in Thailand
  • Accounting services for 1 year
Select

Advantages of incorporating a company in Thailand

Attractive business-environment
  • Location near China and India
  • Multiple active free trade agreements with the ASEAN member states
  • Large logistics center for making shipments to Asia and India
  • Diversified manufacturing sector
  • Efficient work force
  • Low inflation rate
Stability and security

  • Political stability
  • Secure legal and justice systems
  • Comprehensive protection of property rights
  • Comprehensive personal security
  • Investment protection
Tax benefits

  • Tax incentives for investing in agriculture, manufacturing industry, digital and creative industries, as well as R&D
  • Tax incentives for IBC companies registered in Thailand
  • Multiple double tax treaties
No strict foreign exchange controls
  • Although foreign exchange controls are established in Thailand, individuals and business entities, either resident or non-resident in Thailand may open bank accounts in local banks in any currency
Ease of establishing and doing business
  • Minimum share capital of a บริษัทจำกัด (private limied company) in Thailand amounts to just 15 TBH in case Thai residents maintain a total share of at least 51%
  • Remote company formation in Thailand is available for any foreign individuals
More about Thailand
Send a request for company formation in Thailand
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