image

Dependable, Transparent & Honest

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

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

Company Registration

For Thai

Company must have more than 51% Thai Shareholders.


Standard (7-14 days)

Your company will be ready in 7-14 days

THB33,500


Express (within 5-10 days)

Your company will be ready in 5-10 days

THB76,500


We provide professional assistance to Thai entrepreneurs in establishing private limited companies in full compliance with Thai law.

Our services cover every stage of the incorporation process, including company name reservation, preparation and submission of statutory documents, registration with the Department of Business Development, and acquisition of a company tax ID.

With our expertise, clients can be assured of a seamless and legally sound foundation for their business operations.

Company Registration

For Foreigner

Company can have Up to 100% Foreigner ownership.


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

THB235,500


Branch / Representative Office

Foreigner can own up to 100% shares in this type of company. You must have an existing foreign company as the parent company

Start from

THB145,000


US Treaty of Amity Company

American citizen or entity can have up to 100% ownership of this type of company

Start from

THB225,000


FBL or BOI Promoted Company

Foreigner can own up to 100% shares. Qualified business may apply for this. Usually require a large investment.

Start from

THB350,000


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.

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.


What's Included

Detail inclusions of our Company Incorporation Plans

Company Registration

For Thai

As low as

THB33,500

Company Registration

For Foreigners

Starts from

THB145,000

  Company Name Search and Company Name Reservation
Company Name Search and Company Name Reservation
  Drafting of Memorandum of Association (MOA)
Drafting of Memorandum of Association (MOA)
  Submission of MOA to the Ministry of Commerce of Thailand
Submission of MOA to the Ministry of Commerce of Thailand
  Collection of Certified Company Affidavit, Certificate, List of shareholders, Company Articles of Association
Collection of Certified Company Affidavit, Certificate, List of shareholders, Company Articles of Association
  Collection of Company General Objectives
Collection of Company General Objectives
  Collection of VAT Registration Certificate
Collection of VAT Registration Certificate
  Registered Office — 1 year
Registered Office — 1 year
  Flexi Desk, Signage and Lease Agreement
Flexi Desk, Signage and Lease Agreement
  Letter of Approval to use address for VAT Registration from Land Owner
Letter of Approval to use address for VAT Registration from Land Owner
  Register your Company with the Revenue Department of Thailand
Register your Company with the Revenue Department of Thailand Additional fee applies
  Register company for VAT with the Revenue Department of Thailand
Register company for VAT with the Revenue Department of Thailand
  Transportation, Notorization and Mailing Fee
Transportation, Notorization and Mailing Fee
  Documents preparation and Bank queue Reservation for Company Bank Account Opening
Documents preparation and Bank queue Reservation for Company Bank Account Opening Baht Baht & USD
 

Bonus


50x USPassport Work Pass

Worth THB6,750


10 hours Meeting Room Package

Worth THB5,500


45 mins FREE Consultation

With Certified Accountant and Tax Consultant


Access to our community board

Promote your business

Promo — This month only!

Free 3 months Accounting & Tax Reporting service

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

Additional Services

Accounting & Tax Reporting

Monthly Start from

THB8,500


Transfer VAT registration

THB8,000


Work Permit Document Preparation & Application

THB40,000


Non-Immigrant "B" Visa Document Preparation & Application

Start from

THB45,000

Change Director

THB10,000


Change Shareholder

THB10,000


Company Stamp Registration

THB10,000


English translation of all Company Incorporation Documents

THB7,500

Questions? speak to our Company Formation Specialist now

Our team speaks: English, Thai, Chinese, Russian and Burmese

  • Talk to our Company Formation Expert right now!

    If you have any inquiries, simply reach out to us and one of our Visa Expert will assist you.


    Chat with us
    • WhatsApp +6620360600

    • Line @usth

    ...or give us a call
    • Call Us (+662) 036 0600

    We're open from 9am to 6pm Monday to Friday.

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.

image

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.

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.

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.

image

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.

Obtain a Foreign Business License
Board of Investment (BOI) Promotion
Registration through the Treaty of Amity

For US citizens only

image

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.

Setting up a company in Thailand

Step by step guide on Registering a Limited 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

"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

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

Gary & Mathew

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

Emily

Questions? speak to our Company Formation Specialist now

Our team speaks: English, Thai, Chinese, Russian and Burmese

  • Talk to our Company Formation Expert right now!

    If you have any inquiries, simply reach out to us and one of our Visa Expert will assist you.


    Chat with us
    • WhatsApp +6620360600

    • Line @usth

    ...or give us a call
    • Call Us (+662) 036 0600

    We're open from 9am to 6pm Monday to Friday.

Thailand #1 Business Hub

Largest Registered Office Provider in Thailand

Background Image

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.