Process of registering a Thai company

1. Determine the name of the registered company:

2. Determine the registered address of the company:

3. Draft the company's business scope:

4. Company shareholder registration:

Generally, a limited company has 3 shareholders, of which at least 2 are Thai shareholders, and the name and address of each shareholder must be listed (the English address of foreign shareholders in their home country). In addition, each shareholder must sign the "Company Promoter" application form.

5. Determine the legal representative of the company:

According to the situation of the board members, the investor shall elect a director (1-3) with a valid signature as the legal signature representative, and explain the authority and scope of his signing documents.

6. Register a Thai company

It takes about 15 working days from the date of application to complete the company registration procedures (receive all registration documents). After the company registration documents are issued, you are eligible to apply for a work residence permit and a long-term residence visa from the Thai Labor Department and Immigration Bureau.

Conditions for registering a Thai company

1. You can apply for registration in the name of any natural person or legal person;

2. There must be at least 3 sponsors, at least 1 director and 1 auditor;

3. Registered capital of a Thai company: The minimum registered capital of a limited company is 1 million baht, and there is no upper limit. According to the requirements of the Thai Labor Department for foreign companies, one foreigner can be hired for every additional 2 million baht of capital.

II. Documents required for registering a Thai company

1. Provide the name of the Thai company (English/Thai, 3 options for selection);

2. Company development goals and business scope;

3. List of directors and passport scans;

4. Shareholder allotment ratio and shareholder registration;

5. Signature and seal of the company's legal signatory;

6. Design the company seal.

III. Introduction to the types of Thai companies

1. Unlimited company (Registered Ordinary Partnership)

Partners are jointly responsible for all debts, and unlimited companies can also be registered.

2. Limited partnership

It is composed of partners with liability and partners with unlimited liability. Each type of partner can be one or more people. Limited partnerships must be registered in accordance with the law.

3. Company limited or Corporation Limited or Limited

That is, the share value is equal, and the shareholders are only responsible for their own unpaid shares to the company. Limited companies must be registered in accordance with the law and in accordance with the steps.