For Thailand company registration, we've been helping expats of all nationalities register companies here in Thailand
for more than 7 years through our registered and licensed Thai law firm. We have a very experienced English speaking Thai Attorneys that can assist you in just about all legal oriented matters here in Thailand. We recommend you to register Thailand company.
The process of
register company in Thailand through our assistance is relatively easy and simple. We can usually have your company setup and under your full control within 3-4 weeks. However when registering a Thailand company for foreign ownership there are a few things to consider to ensure that you can retain control and ownership of your company. A lot of these considerations you may miss and not complete correctly should you register your company alone or with the wrong law firm. You've taken the first step correctly in making contact with us.
If you're currently staying in Bangkok we can give you a free, no-obligations legal consultation to answer any of your questions and let you know more about what's involved in registering a company here in Thailand.
Our firm's office is located near the Phom Prong BTS sky train station, for a map and directions you can find it on www.tilalegal.com/contactus.php Simply let us know what date and time you'd like to meet.
If you're not currently in Bangkok, that is ok we are able to assist you remotely, however should you choose us to setup your Thai company you will just need access to a scanner should we require any documents from you.
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Company Registration in Thailand
Introduction: Company registration in Thailand:
The limited company structure in Thailand is similar to a Limited Liability Company (LLC) structure in the USA and is the most utilized type of legal entity in Thailand. A Thai company limited is treated under Thai law as a stand-alone legal entity.
For company registration in Thailand, A Thai company limited is owned by shareholders (minimum three) and managed by directors (minimum one). Shareholders can be foreigners or Thai, as long as the Thais hold at least 51 percent of the company shares. Foreigner(s) can hold the maximum of 49 percent of the shares of the company.
The way to maintain controlling interest in the company is to issue two classes of shares; ordinary and preferred. Possession of ordinary shares would give the shareholder more voting rights in the company than the preferred shareholder.
The shareholder cannot sign on behalf of the company unless he/she is an authorized director. The liability of each shareholders is generally limited to the total par value of their shares. A Thai limited company must have a registered capital of at least 2 million baht if the company will be applying for a Thailand work permit, If the company is simply established to own property, 1 million baht is sufficient.
Process of company registration in Thailand:
The first step of Thai company registration is the name reservation. This process will takes approx 2-3 days. A promoter is required to supply the requested company name together with two alternative names to us TILA LEGAL and we will submit it to the Thai ministry of commerce. The registrar will then examine the application in order to ensure that:
- No similar company names have previously been reserved; and that
- The names submitted do not violate any ministerial rules.
If the name of Thailand company that you wish to register is in conflict with either of the above that name will be rejected, and the registrar will consider the alternative name submitted. Thai process of name reservation ofThailand company registration process can normally be completed within two to three days. If all three names submitted are rejected the applicant will be required to re-submit news Thai company names to us.
Second step of Thailand company registration; File a Memorandum of Association (MOA)
After the name is reserved, the MOA must be submitted. Each of the three shareholders is required to sign the MOA. The MOA contains, among other things:
The name and various personal information concerning the company promoters (minimum Three), company's registered capital, company address (PO Box cannot be accepted) and company's intended scope of business activities. Third step, Convene a statutory meeting.
After MOA registration, all documents associated with the company's registration must be submitted to the registrar of the Ministry of commerce, or, if the company's office is located outside Bangkok, it can be submitted at the filing office of the province where the office will be.
After this Thai company registration process the Ministry of commerce will issue the company affidavit,company certification, list of shareholders and company articles of association, etc.
Third step of Thai company registration; Tax and Vat registration
All documents associated with the registration of the company's Tax ID Card and Vat Certificate must be submitted to the Central filing office of the Revenue Department.
As a part of the process to obtain a VAT Certificate, the company is required to obtain the written permission of the owner of the premises where the company will be located.(if the company is not the owner of the premises).
Also, if the registered address is a condominium unit, be aware that some condominium buildings include a specific provision, in their standard condominium sales agreements or the condominium juristic office’s rules, prohibiting the condominium owner from using the condominium unit as a business address.
Forth step of Thailand company registration; Open a Thailand corporate bank account with internet banking
After Thai company registration is completed, most company always want to open a corporate bank account. TILA LEGAL will prepare require documents to open a corporate bank account. The company directors have to present themselves to the bank.
If any of the signatories for the bank account are foreigners, some bank will require each of the foreign signatories submit a valid work permit prior to opening the account.
Step 1-4 will take approx 3 weeks only.
Fifth step of Thailand company registration; Applying Thailand work permit
Before applying for a
Thailand work permit, you must have a Non-immigrant visa. (easy to called non-b visa)
We can assist you in the application of a Thailand work permit and will submit all necessary documentation to the Department of labor on your behalf. If submitted correctly an application can be processed in as little as 10 days.
For each foreigner working within your company you would require capitalization of 2,000,000 THB.
1 foreigner = 2,000,000 THB , 2 foreigners = 4,000,000 THB and so on,
However this does not mean that you need to have this amount of money to start, it is the limited liability of your Thai limited
company.
Thailand Work permit application process.
Step 1. Applying for a
Non-immigrant business visa. (non-b visa)
How to obtain for a non-immigrant business visa?
Thailand Non-immigrant visa is required to apply for a Thailand work permit or any type of 1 year visa, Thailand marriage visa or 1 year retirement visa etc. It can be acquired in your home country prior to your arrival inThailand or obtained through us at TILA LEGAL once you are here
Our company can send the necessary documents to obtain a Non-immigrant visa direct to your country by DHL, TNT or FEDEX.
Application in your home country is often simplest with applications often returned the same day when applying in person at the royal Thai embassy or consulate. If you are wishing to apply at a consulate in a neighboring country namely Singapore or Hong Kong please be aware that a 3 month single entry visa will usually be issued and this will need to be extended at the immigration department in Thailand.
Step 2. Applying for a Thailand work permit.
Once you have received your non-immigrant business visa, you may then apply for a Thailand work permit.
We can assist you in the application of a Thailand work permit and will submit all necessary documentation to the Department of labor on your behalf. If submitted correctly an application can be processed in as little as 10 days..
If you are currently not employed by a Thailand company and wish to apply for a Thailand work permit, you will first need to register company in Thailand.
Note. For Thai company registration, Thailand work permit, and Thailand visa.
Please note that our services are one stop services. We can provide all options you required, even you do not have any government requirements we can completely provide all those items for you.
