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The process of starting an enterprise in Thailand is easier than ever. The services we offer for Thailand corporate registration services can help local entrepreneurs as well as foreign investors to register the Thai company swiftly.
| Feature | Private Limited Company (Co., Ltd.) | Limited Liability Partnership (LLP) |
|---|---|---|
| Legal Status | Separate Legal Entity | Separate Legal Entity |
| Liability | Limitation to shareholding | Limited to contribution of capital |
| Foreign Ownership | As high as 49 percent (100 percent for BOI-promoted businesses) | Ownership up to 100% permitted |
| Minimum Members | 3 Shareholders, 1 director (can be from a different country) | 2 Partners (can be from outside) |
| Compliance Requirements | Moderate annual submissions to Thailand Business Registry | Lower compliance, annual report only |
| Taxation | 20% tax on corporate income | Taxation through pass-through for partners |
| Fundraising | Easy - Issue shares in order to increase capital | Limited - Primarily financing based on debt |
| Transferability | Shares are transferable (subject according to Thai law) | Transfer of interest is subject to partner's approval |
The most sought-after structure that is used by both locals and foreigners. It has an only limited liability, separate legal status and quicker access to financing. A Thai registration for a company generally requires at least three shareholders (can be a foreign company).
Ideal for service-oriented companies or professional companies. Registration of LLPs in Thailand permits flexible profit sharing, less legal compliance. It is typically preferred by foreign-owned consultants or small-scale companies.
Perfect for companies from outside the country who wish to get a better understanding of the Thai market, without creating local revenue. It is mostly used to conduct market research, source and liaison.
Allows foreign companies to operate directly in Thailand. The registration of foreign companies in Thailand through branches is permissible in certain sectors, but is subject to additional requirements for compliance.
For investors looking for tax breaks and the 100% ownership of foreign companies and benefits from work permits. The registration process with the Thailand Board of Investment (BOI) is the most suitable option for manufacturing, technology, as well as export-driven companies.
Mandatory for foreign companies engaging in restricted businesses in Thailand. The FBL allows majority foreign ownership with approval from the Ministry of Commerce under specific business categories.
If you sign up for a Thai firm, it will become an independent legal entity which protects the personal wealth of your family from the business's liabilities.
100% Certain industries and BOI-approved business permit foreign companies to register in Thailand with complete ownership rights.
Thai company registration provides low corporate tax rates as well as the potential for BOI tax breaks for tech or export firms.
Listing in the Thailand business registry is a sign of credibility and access to markets across Southeast Asia.
Our experienced support, your company establishment in Thailand is easy, completely conforming, and can be completed within 7-10 business day.
Thailand provides simplified company setup by filing online as well as lower compliance for LLPs and post-incorporation assistance to be fully compliant with Thai legal requirements for business.
Meet with us to discuss your objectives to select the best structure to use for Thai corporate incorporation.
Submit three (3) preferred company names to Thailand Business Registry to be approved (takes about 1-2 days).
Make drafts of The Memorandum of Association (MOA) and Articles of Association (AOA) with director/shareholder details.
Submit the documents for Department of Business Development (DBD) to officially create your Thai business.
Request a tax ID or Registration for VAT for annual sales that exceed THB 1.8M.
Full the company's set up in Thailand using an international or local corporate bank account.
The corporate registration in Thailand is open to foreign companies typically, is between 7 and 10 business days following the submission of documents:
Name Reservation: 1-2 days
MOA Filing & DBD Approval: 2-3 days
Tax & VAT Registration: 2-3 days
Bank Account Setup: 1-2 days
Foreign-owned companies operating in restricted areas might need to obtain an FBL (Foreign Business License) or BOI promotion to 100% ownership.
The entire Thailand registration of a company typically takes 7-10 days after the submission of all necessary documents to receipt of the certificate of incorporation issued by (DBD)Department of Business Development.
Fast-Track Registration- In the case of urgent business needs, priority processing can be completed within 7 working days as long as the documents are in order and authenticated.
Our corporate formation packages in Thailand are transparent, and there are no hidden fees. The total cost will depend on:
We provide complete packages which include costs for government, DBD registration charges, and professional costs for service to ensure a stress-free experience for both foreign and local entrepreneurs.
Essential Incorporation
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Note: Government fees vary based on authorized capital (for Pvt Ltd) and number of partners (for LLP). Contact us for exact pricing for your specific requirements.
After your Thai registration for your company is completed after that, certain continuing services are vital:
Obligatory if your revenue surpasses 1.8M per year
For foreign directors and employees
Local and multi-currency options
Annual or monthly services to help you meet the requirements
Submission to the Department of Business Development (DBD)
Each year, it is required by the Revenue Department
Make sure your name is protected within Thailand's business registry
For businesses requiring special approvals
| Feature | Thai Private Limited Company (Co., Ltd.) | Limited Liability Partnership (LLP) | Sole Proprietorship | Single-Shareholder Co., Ltd. | Branch / Representative Office |
|---|---|---|---|---|---|
| Legal Status | Separate legal entity | Separate legal entity | Not a separate entity | Separate legal entity | It is linked to a parent company from a foreign country. |
| Liability | Share capital of a limited company | The contribution limit is limited to contributions from partners. | Unlimited | Capital of a single shareholder | All liability rests with parent company |
| Foreign Ownership | Up to 49.9% (100 percent with BOI/FBL) | Up to 49 (100% for small-service LLPs) | Very little | up to 49 percent (100 percent with BOI/FBL) | 100% foreign ownership possible |
| Compliance & Tax | Moderate; 20% corporate tax Annual audit | Lower; 20% corporate tax, simpler filing | Taxes on personal income are minimal. | Moderate; 20% Corporate tax, annual filing | Moderate tax rate; 20 percent tax on Thai earnings |
| Fundraising Options | Share issuance is simple and easy for investors | Limited to capital of a partner | Very few | Limited and must be converted to fully Co., Ltd. for investors | It is funded by the parent company |
| Best Suited For | Startups, SME BOI ventures, and SMEs | Consulting and professional companies | Micro- and freelancers | Small startups and solo entrepreneurs | Regional expansion or market testing |
Tips: If your goal is expanding internationally or investing abroad, registering a Thai Private Limited Company or BOI-promoted entity is the best option.
Entrepreneurs in Thailand could start with a more basic business structure, and expand as the company expands. Common conversion options are:
Ideal for those looking to establish their presence in Southeast Asia's rapidly growing market.
Recommended: Private Limited Company (Co. Ltd.)
Perfect for leveraging Thailand's free trade agreements as well as a strategically located logistics hub.
Recommended: Private Limited Company (Co. Ltd.)
Ideal for consultants, freelancers and LLP-style companies seeking to operate legally and with less tax compliance.
Recommended: Limited Liability Partnership (LLP)
Perfect for companies establishing factories or larger operations that can benefit from taxes holidays and duty exempts and 100% international ownership through BOI.
Recommended: Private Limited Corporation (BOI promoted)
For foreign investors seeking to set up a legal firm in Thailand.
Recommended: LLP with 100% ownership of small service companies
Ideal for multinational businesses who use Thailand for a means of entry into Southeast Asia with access to beneficial trade agreements.
Recommended: Private Limited Company (Co., Ltd.) or Representative Office based on the operational requirements
From the approval of names up to Thailand the business register and setup of bank accounts.
We specialize in registration of businesses within Thailand specifically for international companies in BOI and compliance.
Reduce time by using seamless documentation and digital file.
Accounting, taxation, work permit and annual compliance
We offer online registration for companies across all provinces and cities in Thailand to ensure the smoothest and most secure process for both foreign and local entrepreneurs.
We aid international clients, foreigners and international companies with registering companies in Thailand with complete DBD compliance with BOI assistance, as well as advice on foreign ownership rules.
Before you create a Thai company make sure you follow these steps:
3-4 choices for DBD approval
At least 1 Thai director for companies that are not BOI-related.
The lease or the ownership document
The minimum amount is THB 2 million to be eligible for a work permit (per foreigner)
Passports of foreign shareholders/directors, Thai ID of local shareholders/directors and Address proof for all directors
Clearly defined for MOA submission
Startup Thailand is an initiative run through the National Innovation Agency (NIA) to promote innovative businesses in addition to foreign investors. The process of registering your business in this program can provide many advantages:
To be considered to be a start-up and gain access to Thailand's benefits for business your business must meet the following criteria:
It must be a private limited Company (Co., Ltd.), Limited Liability Partnership (LLP) or Partnership established in Thailand in the last decade.
Should be no more than THB120 million in the preceding fiscal year, it is considered to be an entrepreneurial or small-scale business.
A company must provide innovative products or services that are likely to have a significant improvements over current solution.
It must constitute an independent venture and not a result of breaking up.
For foreign companies to be registered in Thailand. Our services guarantee a flawless and secure set-up:
Select the best option - wholly Foreign-Owned (BOI), Thai Limited Company or Representative Office.
Assist with notarization translation, notarization, and Embassy approvals.
Support for SMART Visa and foreign director permits.
BOI approval, Foreign Business License (FBL) and tax set-up.
Knowing the complete life cycle of a licensed Thai company will ensure that the operation is smooth:
Choose the appropriate Thai structure for your business (Private LLC, LLP, BOI, or Branch Office)
Find a company registration document as well as identification number for tax purposes.
Create an account with a corporate bank, Register for VAT (if revenue exceeds THB 1.8M)
Staff and expand the operation locally, or even regionally
Tax filings for the quarter and annually for the Revenue Department
The voluntary winding-up process or transfer of shares
We provide all-encompassing support throughout your business venture in Thailand all the way beginning with the registration of your company through annually re-conformance, BOI approvals tax filings and expansion assistance. Our professionals will help you are able to concentrate on expanding your business with no legal hassles.
DBD & BOI Compliance
Startup Thailand Network
Chartered Accountants & Legal Network
Banking & Financial Partners
Our relationships with government bodies as well as financial institutions and professional networks guarantee you receive accurate and current business registration services and complete conformity with Thai business laws as well as international standards.