Thailand Business

Setting up a Thai Company has many options with regards to registration. As a foreigner this company will have to be able to obtain a work permit for you so lets look at the most common formations in Thailand.

The most common form of company registration in Thailand with regards to foreigners is the Thai Limited Company registration. The procedures are easy to understand and we give you a brief breakdown of the procedures and rules with regards to registration of a Thai company in Thailand. One of the advantages of a limited company setup in Thailand is that the liability is limited to the amout of shares which each investor holds. Thai law makes it very clear that the shares are equally divided amoungst the capital and that the liabilities are limited in the same way.

These are the requirements for setting up a limited company in Thailand and procedures that follows:

1. There must be at least 3 shareholders in the company;

2. Register the name of the company in Thailand according to the rules setout by the Ministry of Commerce;

3. Once this is done a memorandum of association must be filed;

4. A meeting must be held to make the needed appointments;

5. Register the company with the Thai government;

6. Register the company for corporate tax.

Once you have the business registered and the setup of the company is complete you will thenmake an application for a work permit which will allow you to work legally in Thailand. If you need any advice or assistance, speak to us online, via our tollfree US or our UK tollfree number to see how best to setup your Thai business. Call us today!