Thaland Company Registration

Thailand Company Registration Services by Thai lawyers

Thailand Company Registration, TILALEGAL, with our English speaking lawyers and years of experience working with the expat community can assist you in the formation of your company whatever your requirements, assuring swift completion in as little as 2 weeks.

Thailand Company Registraion Services:
thailand company registration services

Thailand company registrationWhat you need to know! Thailand is a rapidly-developing nation that offers a host of opportunities for businessmen of all kinds. For those wishing to expand their business to Thailand, we would recommend setting up a Thai limited-company rather than operating as an offshore company.

The process to register a Thai company is easy and the benefits are greater than operating offshore. At TILALEGAL, we have a staff of knowledgeable, English-speaking lawyers.

Our firm has extensive experience in Thailand company registration and has been setting up all types of businesses for more than 7 years. So if you wish to set up a limited-company in Thailand, we can help you and ensure that your business is operating in as little as 2 weeks.

The process to register a company in Thailand is mostly straightforward, but there are some difficulties that foreigners often experience. However, with our assistance, the process is relatively simple and easy, and we will ensure that you retain full control and ownership of your company.

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/contact-us 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.

See Our Thailand Company Registration Packages 2014

Note.For Thailand company registration, Thailand work permit, and Thailand visas, please note that TILA Legal can provide any service you need. Even if you do not have all of the documents required by the government, TILA Legal will work with you to ensure that your needs are met.

Note. You can contact our English speaking lawyer for more information or submit your business activities, questions and your contact details in the box below, we guarantee to respond within 24 hours.

The basics of limited-company registration in Thailand:

The most-utilized type of legal entity in Thailand is the limited-company, which is similar in structure to the Limited Liability Company (LLC) in the United States. A limited-company is owned by a minimum of three shareholders and managed by at least one director. One of the biggest advantages of the Thai limited-company is that it is legally a stand-alone company under Thai law.

As for company registration in Thailand, it’s important to be aware that the at least 51 percent of a company’s shares must be held by Thai citizens. The remaining shares may be held by anyone. In spite of this, it is still possible for a foreigner to maintain controlling interest in a company by issuing two separate classes of shares: ordinary and preferred.

Shareholders with ordinary shares have more voting rights in the company. At least one director is chosen by the shareholders. Only the director(s) is authorized to sign anything on behalf of the company, and individual shareholders are only liable to their percentage of shares.

Financially, when registering a Thai company, you must have at least two million THB of capital in order to be eligible for a work permit. However, this does not mean that you need to have this amount of money to start, it is the merely the limited liability of your Thai limited company.

There is an exception if the company is established only to hold property, in which only one million THB is necessary.


Company registration in Thailand
Process for registering a company in Thailand:

The first step of Thai company registration is the name reservation. Naturally all businesses require a name, therefore you must first provide the desired name for your company along with two alternative names. Tila Legal will then submit these to Thailand’s Ministry of Commerce. The Registrar will then verify that no similar company names have been reserved and that the name does not violate any ministerial rules.

If the desired name does not meet these requirements, the registrar will then assess the alternative names. If none of the requested names are available, you will then have to re-submit two more names. This step of Thai company registration is very simple and only requires 2-3 days to be completed.


Second step of Thailand company registration; File a Memorandum of Association (MOA)

Once your company name has been reserved, all shareholders must sign a Memorandum of Association (MOA). The MOA is a document which provides the names and personal information (such as contact details) for all of the company’s shareholders, as well as the company’s address (PO Box is not acceptable), registered capital, and intended scope of business activities.

Once all shareholders have signed the MOA, it may be submitted to the Ministry of Commerce along with all of the documents pertaining to the company’s registration in Thailand. The Ministry of Commerce is located within Bangkok, but if the company’s office is located outside of Bangkok province, these documents may be submitted the filing office of the province where the company is located.

Once this step of Thailand company registration is completed and processed, the Ministry of Commerce will then issue the company affidavit, certification, list of shareholders and company articles of association.


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.

Also, as part of the process of obtaining a VAT Certificate, you must obtain permission from the landowner of your company’s address if your company does not own the land outright.

There is one other thing to be aware of: if you intend to locate your company in a condominium unit, you may unable to do so; some condominium buildings have specific provisions with their sales agreements which prohibit the owner from using that unit as a business. Be sure to check your agreement before registering the location of your company.

If you have some problem to use your address to be a Thai company address TILA Legal can offer our virtual office address services for Thailand company registration and vat registration and range from 2,000THB monthly (minimum 3 months).


Forth step of Thailand company registration; Open a Thailand corporate bank account with internet banking

Once the Thai company registration is completed, most companies will probably want to open a corporate bank account in Thailand. TILA Legal will prepare the required documents and open a corporate bank account on your behalf, but the company directors must be present.

If any of the signatories for the bank account are foreigners, some banks will require each of the foreign signatories to submit a valid work permit prior to opening the account. This can be completed within a day.

Step 1-4 will take approx 2 weeks only.


Fifth step of Thailand company registration; Applying Thailand work permit

In order to obtain a Thailand work permit, you must first have a Non-immigrant visa. (often called a Non-B Visa)

We will assist you in the application of a Thai 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 7 days.

Further, for each foreigner working within your company, your company is required to have a registered capital of 2,000,000 THB, i.e. if you have two non-Thai working in your company, it is required to have a registered capital of at least 4,000,000 THB. 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.

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. You can contact our English speaking lawyer for more information or submit your business activities, questions and your contact details in the box below.

See Our Thailand Company Registration Packages 2014

Note.For Thailand company registration, Thailand work permit, and Thailand visas, please note that TILA Legal can provide any service you need. Even if you do not have all of the documents required by the government, TILA Legal will work with you to ensure that your needs are met.

Please feel free to contact us for a free consultation with our English specking lawyers. Give us a call or complete the form below and press submit, we guarantee to respond within 24 hours.

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Phrom Phong BTS Station
93 D.S. Tower 2, Floor G, Soi Sukhumvit 39
North Klongton, Wattana, Bangkok, Thailand 10110