Thai Limited Company Setup

How I Can Help:

I specialize in guiding entrepreneurs like you through every step of setting up a Thai Limited Company. My services include:

• Company Name Reservation: Ensuring your chosen company name is unique and approved by the Department of Business Development (DBD).

• Document Preparation: Drafting the Memorandum of Association, Articles of Association, and other required documents.

• Registration with the DBD: Handling the official registration process for your company.

• Tax and VAT Registration: Registering your company with the Revenue Department to ensure compliance with Thai tax laws.

• Bank Account Opening: Assisting you in setting up a corporate bank account.

With my experience and personalized approach, I’ll make the process seamless and stress-free.

What is a Thai Limited Company?

A Thai Limited Company is one of the most popular business structures for foreigners looking to start a business in Thailand. It offers limited liability to shareholders and is governed by Thai law. To establish one, you’ll need at least three shareholders and comply with certain ownership and capitalization requirements.

Key Features:

• Requires a minimum of three shareholders.

• Foreign ownership is generally capped at 49%, but certain conditions allow for higher foreign ownership.

• Must register with the Department of Business Development (DBD).

Ready to set up your Thai Limited Company? Let me take care of the legal and administrative work so you can focus on your vision.

📅 Book a Free Consultation Today and take the first step toward your entrepreneurial journey in Thailand.

Key Steps in Setting Up a Thai Limited Company

1. Choose a Company Name:

   • Select a name that adheres to Thai Ministry of Commerce regulations.

2. Prepare Shareholder Structure:

   • At least two shareholders are required, with foreign ownership typically capped at 49%.

   • Exceptions exist for BOI-promoted businesses or Treaty of Amity privileges.

3. Register the Company:

   • Submit the Memorandum of Association and Articles of Incorporation.

   • Appoint directors and outline their authority.

4. Obtain a Tax ID and VAT Registration:

   • Register your company with the Revenue Department.

5. Apply for Necessary Licenses:

   • Depending on your business, additional permits or licenses may be required.

FAQs About Thai Limited Company Setup

1. Can a foreigner fully own a Thai Limited Company?

Yes, but only in certain industries. Most require a Thai partner to hold 51% of the shares. Exceptions apply under the BOI or U.S.-Thailand Treaty of Amity.

2. How long does it take to register a Thai Limited Company?

Typically, the process takes 7-14 business days, depending on the complexity of your business.

3. What is the minimum capital requirement?

Typically, 2 million THB, but it may vary based on business activities and ownership structure.

4. How much does it cost to set up a Thai Limited Company?

The cost depends on the type of business and the services required. Contact me for a detailed consultation.

5. Does it entitle me to a work permit?

Yes, however you need to meet the minimum Thai/Foreign national hiring ratio to be eligible.