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Thailand Company Incorporation & Virtual Office

FAST. SIMPLE. PROFESSIONAL.

As one of the leading business solution company in Bangkok, our aim is to make it as easy for business owners to do business here in Thailand. Our affordable pricing, simplified processes, honest and straight-forward advise made us the choice for many so why not contact us for your Company Registration needs in Thailand today.

Thailand Company Incorporation

We help Locals & Foreigners to incorporate their business in Thailand. Our full-suite of services includes VAT Approved Virtual Office, VAT Registration, Shareholder-as-a-Service, Director-as-a-Service, Serviced Office, Accounting & Tax Reporting Service as well as EOY Audit service to help companies operate efficiently here in Thailand. We've local team in Bangkok and Koh Chang. Expanding to Hua Hin, Phuket & Pattaya very soon

Our legal team also specialize in assisting foreigners to obtain Non-B Visa & Work Permit in Thailand through their own Company. If you're a foreigner who are interested to obtain a Non-B Visa & Work Permit as well as starting up your own company, please refer Company Incorporation + Non B Visa + Work Permit

DEPENDABLE. TRANSPARENT. HONEST


How much does it cost to register a company in Thailand?

Thai Company Incorporation

   
Company Name Search and Company Name Reservation
Drafting of Memorandum of Association (MOA)
Submission of MOA to the Ministry of Commerce of Thailand
Collection of Certified Company Affidavit, Certificate, List of shareholders, Company Articles of Association, Company General Objectives.
Register your Company with the Revenue Department of Thailand
Transportation, Notorization and Mailing Fee
Documents for Company Bank Account Opening (BAHT & USD)
Meet & Assist service at the Bank

Company Registration
Using your own Promoters

You must provide 2 Promoters. Both Promoter names will be in BOJ2 & BOJ5. Thai Promoter must provide evidence that he/she has the 25% of the subscribed shares capital in the personal bank account. Company will be ready in 5 days.

27,500 Baht

Using our Promoters

We'll provide the evidence of funds. BOJ2 will be in the promoter's name. BOJ5 will be in your name. Company will be ready in 10 - 15 days.

33,500 Baht

Express

Shelf Company / Company ready in 48 hours. You can open Company Bank Account on Day 3.

76,500 Baht

Fees mentioned here include Gov't Fee, Professional Fee & other Out-of-pocket expenses and valid for Registered Capital up to THB4,000,0000 and exclude VAT. All days mentioned here refer to normal business days.

Submit your company incorporation query now

Thai Company Incorporation, VAT Registration & Virtual Office

   
Company Name Search and Company Name Reservation
Drafting of Memorandum of Association (MOA)
Submission of MOA to the Ministry of Commerce of Thailand
Collection of Certified Company Affidavit, Certificate, List of shareholders and Company Articles of Association.
Register your Company with the Revenue Department of Thailand
VAT Approved Virtual Office & Call Answering for 1 year
Flexi Desk, Signage and Lease Agreement
Letter of Approval to use address for VAT Registration from Land Owner
Register company for VAT with the Revenue Department of Thailand
Collection of VAT Registration Certificate
Transportation, Notorization and Mailing Fee
Documents for Company Bank Account Opening (Baht & USD)
Meet & Assist service at the Bank

Inclusive of Gov't Fees & other Out-of-pocket expenses.

Company Registration & Virtual Office
Using your own Promoters

You must provide 2 Promoters. Both Promoter names will be in BOJ2 & BOJ5. Thai Promoter must provide evidence that he/she has the 25% of the subscribed shares capital in the personal bank account. Company will be ready in 5 days.

77,500 Baht

Using our Promoters

We'll provide the evidence of funds. BOJ2 will be in the promoter's name. BOJ5 will be in your name. Company will be ready in 10 - 15 days.

83,500 Baht

Express

Shelf Company / Company ready in 48 hours. You can open Company Bank Account on Day 3.

126,500 Baht

Fees mentioned here include Gov't Fee, Professional Fee & other Out-of-pocket expenses and valid for Registered Capital up to THB4,000,0000 and exclude VAT. All days mentioned here refer to normal business days.

Submit your company incorporation query now

*According to the Thai law, you're required to have a fixed office for VAT registration. VAT officer conduct random check and it's important that your company has a office with your company signage.

Promo — This month only!

Free 3 months Accounting & Tax Reporting service

when you sign up for a Company Incorporation package (worth THB22,500).


Thai Shareholder Service

If you require a Thai National to represent you as your shareholder, please read below.

What is a Thai Shareholder Service

A Thai shareholder service is a Thai National nominated by you to represent yourself. This person will hold your shares for you. The most common reason to use a Thai shareholder service is to comply with gov't requirements and for this case is mainly to enable a foreigner to set up a Thai Limited Company whereby majority of the Company shares must be held by a Thai. By using a Thai Shareholder Service, you'll maintain full control of your company although your shares are held by this person/entity. Through agreement and other legal instruments, the thai person/entity does not have any control or rights over your company.

Why is it better to 'hire' a Thai Shareholder Service than using a friend, girlfriend or wife as your Thai Shareholder?

One of the most common disputes we see is when the nominated person refuses to hand over your shares or interfere with your business because there is no legal protection in place initially and as we know, Thai Laws require the majority of the shares in a Thai Limited Company to be held by a Thai person and this can cause a major issue when dispute happens between you and the nominated person especially if they are a friend, family members, wife, or employees.

The Fee
For (Thai) Shareholder Service

60,000 Baht /year

Submit your company incorporation query now

Bonus

50 x USPassport Work Pass worth (6,750 Baht)
10 hours Meeting Room Package worth (5,500 Baht)
45 mins FREE Consultation with Certified Accountant and Tax Consultant
10% Discount when purchasing drinks at our cafe
Access to our community board, promote your business
 

Additional Services

Accounting and Tax Reporting
from 2,500 Baht/month
Transfer VAT registration
8,000 Baht
Work Permit Document Preparation & Application
20,000 Baht
Non-Immigrant "B" Visa Document Preparation & Application
From 30,000 Baht
Change Director
10,000 Baht
Change Shareholder
10,000 Baht
Company Stamp Registration
10,000 Baht
English translation of all Company Incorporation Documents
7,500 Baht
 

Since 95% of the company registration cases we have worked on are usually based on majority shareholding (51% or more) are owned by Thai, the following information will be based on that. If you are looking for setup a company where the majority shareholding are owned by Foreigner, please contact us for a personalized consultation.

Submit your company incorporation query now

Download Company Incorporation Brochure


The fundamental of a Thailand Limited-Company

The most common type of legal entity in Thailand is the limited-company, which is similar in structure to the Limited Liability Company (LLC) in the USA. A limited-company in Thailand must be owned by at least two shareholders and managed by at least one Director. A Thailand Limited-Company also means that 51% of the company shares must be held by a Thai citizens and the remaining shares can be held by anyone including foreigner or a foreign registered entity. In spite of this regulation, it is common for foreigner to use a Thai friend or a professional nominee for hold their shares on their behalf and through carefully planned structure (which we will help you with) the foreigner can still have controlling interest in the company and the bank account.

A Thai limited-company is a legally stand-alone entity under the Thai law and this protects you from unlimited liability. Unlike other countries, in Thailand only the Director(s) is authorized to sign on behalf of the company and individual shareholders are only liable to their percentage of shares.

If you would like to setup a Limited Company where the majority of its shares are owned by foreigner, you've 3 options and we can also help you with it.

1. Obtain a Foreign Business License
2. Board of Investment (BOI) Promotion
3. Registration through the Treaty of Amity (for US citizens only)

Capital

There is actually no minimum capital required to setup a company in Thailand but we would recommend at least Two Million Baht as this is the minimum required capital to allows your company to employ foreigner and sponsor a work permit. Having said that, you do not need to have this amount of money in your bank before you can register your company. Minimum paid-up amount capital is 25%, which can be used as working capital. If you are establishing a company to hold properties only, then you only need to have One Million Baht as the capital.


Step by step guide on Registering a Limited Company in Thailand

Setting up a company in Thailand

Step 1

Decide a name for your company and provide 2 other alternative.

UnionSPACE Company Registration team will perform a Company Name Search for you at Thailand's Ministry of Commerce database and if it is approve, we will reserve your Company Name for you.

Step 2

Drafting, Signing and Filing of Memorandum of Association (MOA)

UnionSPACE Company Registration team will prepare a draft MOA based on the best practice and run them by you. At this time, you can request for amendments if any. This document is a legal document that will be submitted to the Ministry of Commerce and should clearly state the names and personal information of all company's shareholders, company business address (PO Box and Residential Address is not permitted here), registered and paid up capital and the primary business activity.

Upon approval of the Thailand Ministry of Commerce, your business is now legitimately register in Thailand and you will be issue with your Company Affidavit, Certificate, List of shareholders and Company Articles of Association.

Step 3

Tax and VAT Registration for your Thai Limited Company

If your company expected revenue for 1 year is below 1,800,000 Baht there is no need to register for VAT however you still need to submit a copy of all your company registration documents to the Central Filling Office of the Revenue Department for the issuance of your Company Tax ID Card.

If you need to register for VAT / obtain a VAT Certificate, you must obtain permission from the landowner where your business is registered in if your company does not own the land outright. Alternatively, you can also use UnionSPACE address for this for a small fee.

Step 4

Opening your Company Bank Account with a reputable Thai Bank

As part of our Company Incorporation package, we will prepare the necessary documents for you and provide you with a letter of recommendation with our partner bank. All company directors and signatories must be present in front of the bank manager before your bank account can be approve and open. Should one of the signatories for the bank account is a foreigner, some banks may require the signatories to have a valid work permit before approving the bank account.

In short, with UnionSPACE Company Incorporation service, we can help you incorporate your business in Thailand even with you stepping foot in Thailand or our office. The usual turn around for company incorporation in Thailand is 2 weeks.

Real Stories, Uncensored

Shared by our guests from all over the world.

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    "It was a breeze dealing with UnionSPACE Company Incorporation team. They really took away all the complex procedure with regards to starting a business in Thailand and made it simple for me and my family."

    Arun

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    "Thank you so much for your fast and transparent advise on company setup in Thailand. Good english speaking team too."

    Emily

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    "On time, on the spot! You guys are my hero. Company Incorporation Made Easy! Thats Real!!!"

    Gary & Matthew

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    "I like the way you guys always think for your customer. Thanks for making company setup so easy for us. Really love the way you guys manage the process and kept me updated through out the company registration, vat registration process."

    Julie

Questions?

Let our Company Incorporation, Work Permit & Visa Expert Assist you


Other UnionSPACE Services

  • USPassport Cowork Pass

    Starts from

    200 Baht / day

    An unassigned work station in open areas.

    Learn More
  • Dedicated Desk

    Starts from

    4,500 Baht / month

    A desk of your own in a shared space.

    Learn More
  • Serviced Office

    Starts from

    13,000 Baht / month

    Fully furnished, Lockable, Privacy Assured.

    Learn More
  • Virtual Office

    Starts from

    1,090 Baht / month

    Instant business address for companies.

    Learn More
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