Thailand Company Incorporation for Foreigners & Thai
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, Joint Venture 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?
Company Incorporation for Thai
Company must have more than 51% Thai Shareholders
|
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 (additional fee applies) |
|
|
Transportation, Notorization and Mailing Fee |
|
|
Documents preparation and Bank queue Reservation for Company Bank Account Opening (BAHT) |
Company Registration for Thais |
||
|---|---|---|
Standard (7 - 14 days)Your company will be ready in 7 - 14 days. |
33,500 Baht |
|
Express (within 5 - 10 days)Your company will be ready in 5 - 10 days. |
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. Talk to our Company Formation Expert now!  
|
||
Company Incorporation for Foreigner
Company can have Up to 100% Foreigner ownership
|
|
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 |
|
|
Registered Office - 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 preparation and Bank queue Reservation for Company Bank Account Opening (Baht & USD) |
Company Registration for Foreigner |
||
|---|---|---|
Export Only or Manufacturing or Management Consultant Only Company (FBL exempt)Foreigner can own up to 100% shares in this type of company |
Start from: 235,500 Baht |
|
Branch / Representative OfficeForeigner can own up to 100% shares in this type of company. You must have an existing foreign company as the parent company |
Start from: 145,000 Baht |
|
US Treaty of Amity CompanyAmerican citizen or entity can have up to 100% ownership of this type of company |
Start from: 225,000 Baht |
|
FBL or BOI Promoted CompanyForeigner can own up to 100% shares. Qualified business may apply for this. Usually require a large investment. |
Start from: 350,000 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. Speak with a Company Formation Expert
|
||
*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 Business Partner
Most companies require to have a Thai partner to hold at least 51%. If you require a Thai National to be part of your Thai Company Shareholders, please read below.
What is a Thai Shareholder Service
A joint venture service is a holding company nominated by you to be part of your Thai Limited Company. The most common reason to have a Thai partner is to comply with gov't requirements.
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.
Matching service fee |
||
|---|---|---|
For (Thai) Joint Venture Service |
Contact our sales representative for more details. |
|
|
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 8,500 Baht/month |
|
| Transfer VAT registration | 8,000 Baht |
|
| Work Permit Document Preparation & Application | 40,000 Baht |
|
| Non-Immigrant "B" Visa Document Preparation & Application | From 45,000 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
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.
-
"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
-
"Thank you so much for your fast and transparent advise on company setup in Thailand. Good english speaking team too."
Emily
-
"On time, on the spot! You guys are my hero. Company Incorporation Made Easy! Thats Real!!!"
Gary & Matthew
-
"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
250 Baht / day
An unassigned work station in open areas.
Learn More -
Serviced Office
Starts from
13,000 Baht / month
Fully furnished, Lockable, Privacy Assured.
Learn More
Other Business Services that we offer
Virtual Office
A fixed-fee shared office that gives your business a legal and formal front that comes with back office support such as mail handling, call handling, guest reception, on-demand meeting facilities and more. Approved by DBD and Revenue Department as the Alternative Office.
Start from THB1,090/month
Virtual Office Approved for VAT
Due to gov't regulation, a business that is registered for VAT must have a permanent office space. This is an upgraded version of Virtual Office. This service comes with a permanent office space for legality purposes as well as the necessary documentation to satisfy gov't requirements to allow your business to register for VAT.
Start from THB50,000/year
Serviced Office
A fully furnished office space for 2 to 6 people for your business. 24/7 Electricity, Air Conditioning and accessible 24/7 all for 1 fixed fee a month. Also include local phone number, receptionist service, access to meeting rooms and more.
Start from THB12,000/month
On-demand Conference Room
Our fully equipped meeting room is available for hourly or whole day rental.
Start from THB350/hour
Photo / Video Studio
Our well equipped photo studio with curved wall and various lighting options is available for hourly or whole day rental.
Start from THB700/hour
Private Event / Training Space
Our versatile cafe can be converted into your own private event space. Great for hosting private functions, company meetings or training, seminars or event parties.
Special Discount Available Now
Incorporate Incorporation Service
Setting up a business in bangkok is easy. We can even help you incorporate your company without you leaving your home.
Start from THB27,500 all-inclusive
Work Permit / Visas
Thailand gov't has made it easy and clear to apply for work permits and visas. Contact us for an effortless work permit or visa service. Our experienced team will give you an honest and straight-forward route to obtain the necessary Permits or Visa.
Straight Forward & Reliable
Accelerator Partners
Government & Associations
International Hub
Corporate Partners
In celebration of Redd Premium Self Storage x UnionSPACE partnership
All UnionSPACE clients / members will automatically enjoy an extra 10% discount for all Redd Premium Self Storage service. Simply quote "unionspace" when enquiring at Redd.