Thailand Company Registration

¥12,000.00

Thailand, bordered by Laos and Cambodia in the east, the Gulf of Siam and Malaysia in the south, and Myanmar and the Andaman Sea in the west, is one of the member states of the Association of Southeast Asian Nations.

With the vigorous promotion of the Tourism and Tourism Administration of Thailand, Thailand’s tourism industry has become Thailand’s main source of economic income. Tourists can enjoy different forms of tourism in different areas of the country. As one of the major exporters of the world’s rice market, rice is Thailand’s most important crop. Other major agricultural products include fish, cassava, rubber, grains and cane sugar. Exports of processed foods such as canned tuna, pineapple and frozen shrimp are also on the rise. The northern part of the country is where Black Ivory coffee (Black Ivory coffee) is produced.

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The advantages of registering a Thai company

Driven by the national “One Belt One Road” initiative, bilateral trade between China and Thailand has become increasingly close, and the number of Chinese investors in Thailand has increased day by day. Thailand has the advantages of good infrastructure construction, low tax rates, and cost-effective labor resources. Coupled with the further introduction of relevant policies in recent years, Chinese companies will have more advantages in investment in Thailand.

Conditions for registering a Thai company

  • Thai company name (3 options)
  • Registered capital: There is no strict restriction on the registered capital of a Thai company, and it can be adapted to the scope and scale of the business. Generally, it is recommended to be at least 2 million baht or more.
    If you want to consider hiring foreigners or applying for your own work residence permit, the registered capital needs to be more than 2 million baht. Non-Thai shareholders who invest 100% in Thai companies are required to apply for BOI investment approval. The registered capital requirements of Thai companies are actually in place. Generally, 25% must be in place within half a year after registration, at least 75% in one year, and all in place within three years.
  • Registered address: If you are using your own property, you need to have the residence book and ID of the property owner; if you are renting someone else’s property, you need the original lease, the property owner’s residence book and ID; where the company is located A copy of the road location map.
  • Shareholders and directors: To establish a limited company in Thailand, foreigners generally need at least three foreign shareholders and at least two Thai shareholders. If there is no Thai shareholder, the registered capital shall be at least 100 million baht and be in place or apply for BOI investment approval before the establishment of the company.
  • Business scope: In principle, the business scope of a Thai company is not too restrictive. Companies registered in Thailand can engage in different industries or different industries.

Method and time required to register a Thai company

  • Self-registration takes about 6 months;
  • Look for Wanqi to help collect all the materials, it will take 15-20 working days to complete the company registration

Information required to register a Thai company

  • Company registration documents
  • A copy of the ID card or passport of the promoters or shareholders, at least 3 natural persons are the promoters, and the promoters must be shareholders. (The company can only be converted into shares one week after the company is registered).
  • Formulate the company’s business scope.
  • Formulate the company registration amount, the amount per share, and the total number of shares.
  • Establish a copy of the company’s executive director (legal representative signatory), company board members, and board members’ passports.
  • The company’s registered address.
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