Is it mandatory to have capital for company registration in Thailand?

Fri, 04/20/2018 - 17:34 -- tilalegaladmin

One of the major questions that a lot of people have when they choose to do company registration in Thailand is whether they need to have capital for creating that business. As you can imagine, creating that business is extremely important, and it can definitely bring in front some major challenges if you don’t know the local law. That’s the thing you have to take into consideration, so using that is extremely important.

As you can imagine, there are some requirements in the case of company registration in Thailand. The minimum capital requirement for a Thai majority shareholder in Thailand is around 2 million baht. There’s also a government setup fee of around 7000 baht.

This may not feel like a major amount at first, but it is mandatory and you do need to take it into account. Yet it does make a lot of sense if you think about it. The right company registration in Thailand will always focus on having capital. Whether the capital amount will change to a smaller or larger sum, that’s bound to happen from time to time. But there will always be a need for a capital.

After all, how are you going to run a business? You can’t do that without having the necessary capital to achieve your goals. So this does make a whole lot of sense, which is why you need to take it into account.

One thing that you have to remember about company registration in Thailand is that you do have a smaller requirement if you have a Thai spouse. Basically, if you have a Thai spouse, the requirement will be reduced to around 1 million Baht. This is half of the regular requirement, but it certainly makes a lot of sense if you think about it. The value that you can get from something like this is astonishing, since you don’t have to worry about accumulating a lot of capital to begin with. So yes, it does make sense to have less capital if your spouse is from the same country.

However, if the company needs to receive a foreign business license, the requirements are way higher. The idea here is that you will need around 3 million Baht, which is almost triple if you compare it to a situation when you have a spouse in Thailand.

So yes, there are capital requirements for the company registration in Thailand. The amount does differ based on a variety of situations, but there is always the need for such a requirement. It’s always important to study all these requirements and make sure that you adhere to them the best way you can. The outcome can actually be quire impressive if you adapt your needs and requirements the right way. It can surely pay off a lot if you have a lot of capital for the company registration in Thailand, as it will make things a lot easier in the long term!

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