Setting up a Business in Thailand
Company registration in Thailand can be a little confusing and complicated, it is important to protect the foreign interest when setting up the company, to insure this it is advised to consult with a knowledgeable and experienced law firm to assist you and make sure you are protected and have control of your company.
Before discussing with a lawyer you should think about and have the answer to the following questions:
- What are the main business activities and objectives of the company?
- What is the company name you what?
- Is there a foreign parent company with shareholding requirements?
- Will you need need to sponsor visas and work permits for foreign personnel?
- What kind of premises does the company require?
Things to keep in mind
- You will need 3 shareholders to open a company.
- You will need 2 million Baht Capitalization for 1 work permit (unless married then the requirement is 1 million)
- You will need 4 Thai employees for 1 foreigner work permit (again unless married then only 2 is required)
“Registering under a Treaty of Amity or Foreign Business license is also an alternative wise option for foreign investor who would like the company to be owned 100% by foreign or foreigner holding a majority of share. There will be no headache finding Thai partner –shareholder or any future trustworthy issue. You will have a fully power to control your business!”
If all the above sounds good then feel free to contact us and we can assist you in your needs for starting and running your business here in Thailand.