Key Benefits

Absolute Asset Control

Financial & Bank Control

Management Control

Untransferable Share

Tax Optimization through variable management fee agreement

More efficient repatriation of funds.

Fees Breakdown & Overview

Establish a 100% Foreign Owned FBL exempt Management Company in Thailand

Our legal team will draft the necessary Article of Association and supporting documents and justification to enable you to establish a 100% Foreign Owned Administrative Management Company in Thailand.

  • The minimum shareholders for this set up is 2.
  • You’re required to remit at least THB3,000,000 as Paid Up Capital into the Company within the financial year.
  • This company sole operating clearance is as a Administrative Management Company. It cannot conduct other businesses.

Complete Company Set Up Fee:
THB 215,000

All inclusive

Timeline: 7 days
●●

Establish a Thai Limited Company

You will then need to set up a Thai Limited Company as your operating company. The Administrative Management Company will owned 45% of this company and the remaining shares will be owned by a Thai shareholder.

  • This Thai company can conduct all kinds of business in Thailand.

Complete Company Set Up Fee:
THB 135,000

All inclusive

Timeline: 7 days
●●●

Executing a Sole & Absolute Management Contract between both companies

Our legal team will draft a sole and absolute management contract between the Administrative Management company and the operating company. This agreement will be signed by the Director of both companies and it will be attested.


Service Fee:
THB 45,000

One-off — Inclusive of stamp duty

Timeline: 5 days

Optional

Other license applications

Certain businesses may require additional licenses and with this two-pronged set up, you can apply the relevant licenses under the Thai Limited Company.

Sample licenses

  • Food & Beverage License
  • Alcohol License
  • Entertainment License
  • Massage / Wellness License
  • Import / Export License
  • Tourism License
  • FDA Applications and others

Note

The process timeline provided is an estimate and may vary depending on factors such as government processing times, the volume of applications, and potential objections. Delays can occur due to additional examination requirements or opposition filings.

UnionSPACE Service Level Agreement (SLA) for Adminitrative Management Company Formation

This proposal outlines the step-by-step process for Adminitrative Management Company Formation in Thailand.

Scope of Services:

The Service Provider agrees to deliver the following services to the Client:

  • Assisting the Client in Adminitrative Management Company Formation in Thailand.
  • Assisting the Client to Establish a Thai Limited Company in Thailand.
  • Draft and Execute a Sole & Absolute Management Contract between both companies
  • Tax Registration

Service Standards:

The Service Provider commits to:

  • Delivering services in a timely and professional manner.
  • Ensuring accuracy and compliance with all applicable registration requirements.

Exclusions:

The Service Provider is not responsible for disapprovals resulting from regulatory changes, third-party actions, or errors in the information provided by the Client.

Limitation of Liability:

The Service Provider's liability is limited to the total fees paid for the specific service. Indirect, consequential, or incidental damages are not covered.

Amendments:

Any changes to this SLA must be agreed upon in writing by both parties.

Governing Law:

This SLA shall be governed by and construed in accordance with the laws of Thailand.

Think about a Trust. This Structured company setup is like a Trust for your business

Let our legal team assist you to legally do business in Thailand

  • Talk to our Company Formation Expert right now!

    If you have any inquiries, simply reach out to us and one of our Company Formation 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.

Set Up your Administrative Management Company

Maximum Protection for your business, assets and finance

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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.