Thailand Company Registration
Business Overview
Thailand is one of Southeast Asia’s most established business hubs, offering a strategic location, strong infrastructure, and access to ASEAN markets. With a mature legal framework and a diversified economy, Thailand is an ideal destination for manufacturing, trading, service, and regional operation companies.
The Thai government continues to encourage foreign investment through clear corporate regulations, investment incentives, and BOI programs, making company incorporation efficient and transparent.
Why Register a Company in Thailand
Strategic gateway to ASEAN markets
Well-developed infrastructure and logistics network
Competitive operating and labor costs
Access to BOI investment incentives
Stable legal and regulatory environment
Suitable for manufacturing, trading, and service businesses
Common Company Structures
Domestic Company
Thai majority ownership
Suitable for local operations and trading activities
Joint Venture Company
Combination of foreign and Thai shareholders
Thai shareholder must hold at least 51% of shares
Common structure for market entry with local partners
Wholly Foreign-Owned Company
100% foreign ownership permitted in specific sectors
Typically established under BOI promotion or with a Foreign Business License
Basic Incorporation Requirements
Minimum 2 individual shareholders
Registered capital starting from THB 1,000,000
Registered office address in Thailand
Local compliance with tax and corporate regulations
For companies employing foreign staff:
Minimum THB 2,000,000 registered capital per work permit is required
Company Registration Process
Company name reservation
Preparation of Articles of Association
Company registration with the Department of Business Development (DBD)
Corporate seal and signage setup
Tax registration and VAT application (if applicable)
Corporate bank account opening
Estimated timeline: 15–25 working days, subject to government approval.
Taxation & Compliance
Monthly tax filings (for active companies)
Semi-annual and annual corporate filings
VAT registration required for qualifying businesses
Annual audit and statutory reporting
Failure to comply with tax and filing requirements may result in penalties and business restrictions.
Our Services
We provide end-to-end company incorporation and compliance services in Thailand, including:
Company registration and licensing
Registered office address
Nominee shareholder solutions
BOI application and advisory
Foreign Business License application
Accounting, tax filing, and annual compliance
Suitable For
Manufacturing and export-oriented businesses
Trading and distribution companies
Regional headquarters
Service and consulting firms
Thailand Company Incorporation
Company Setup Overview
Company Types
Domestic Company
Joint Venture Company
Wholly Foreign-Owned Company
Capital Requirements
Minimum registered capital:
THB 1,000,000 (no capital verification required)
Work Permit & Visa Requirement:
If work permits or visas are required for foreign directors or foreign employees,
minimum registered capital must be THB 2,000,000Each additional work permit requires an additional THB 2,000,000 in registered capital
Paid-up Capital Rules:
Registered capital below THB 5,000,000: no mandatory paid-up capital
Registered capital THB 5,000,000 or above: at least 25% must be paid up after company registration
Shareholder Requirements
Minimum 2 individual shareholders
Joint Venture Company:
At least 1 Thai shareholder
Thai shareholder must hold 51% or more of total shares
Tax Filing & Annual Compliance
After incorporation, all companies must comply with Thai tax filing and annual review requirements:
No business activity:
Semi-annual review
Annual audit and filing
With business activity or bank transactions:
Monthly tax filings
Semi-annual review
Annual audit and filing
VAT-registered companies:
Monthly tax filing is mandatory, regardless of revenue or activity
Late or non-filing will result in government penalties and fines
Company Registration Packages
Thailand Business Registration Price List
Service Scope Overview
| Item | Service Description | Deliverables | Domestic | Joint Venture | Wholly Foreign-Owned |
|---|---|---|---|---|---|
| Company Registration | Articles drafting, registration, seal & signage | Articles of Association, Registration Certificate, Company Seal, Legal Representative Seal, Business License, Company Signboard, DBD login | ✓ | ✓ | ✓ |
| Thailand VAT | VAT registration | Temporary Tax Certificate (PP01), Official VAT Certificate (PP20), RD login | ✓ | ||
| Bank Account Opening | Corporate bank account (KASIKORN Bank) | Corporate bank passbook | ✓ | ✓ | ✓ |
| Nominee Shareholder | Thai nominee shareholder (annual) | Anonymous Thai nominee (Joint Venture: 1 / Domestic: 2) | ✓ | ✓ | |
| Registered Address | Registered office address service | One-year registered office address | ✓ | ✓ | ✓ |
| BOI Application | BOI investment advisory & application | BOI Certificate | ✓ | ||
| Foreign Business License | Foreign Business License application | Foreign Business License | ✓ | ||
| Monthly Tax + Annual Filing (No Operation) | Monthly tax filing, semi-annual & annual review | Tax office confirmation, tax statements | ✓ | ||
| Semi-Annual + Annual Review (No Operation) | Compliance filing service | Tax office confirmation, tax statements | ✓ | ✓ | ✓ |
Pricing & Service Terms
Package prices are bundled discounted rates.
If clients provide certain items independently, RMB 1,000 will be deducted per excluded item from the package price.Standalone services (single services outside of packages) are not eligible for discounts.
Regardless of company type, if clients use nominee shareholders or registered address services provided by our firm, they must also engage our accounting and tax filing services.
Estimated processing time:
Company registration: 15–25 working days (Thailand working days)
Bank account opening: 20–35 working days
Actual timelines are subject to government approval and certificate issuance.Renewal of registered address and nominee shareholder services must be completed at least one month in advance.
Late renewal may result in:Company being listed as non-compliant
High government penalties
Restrictions on normal business operations
