Company Registration in Thailand
Setting up a company in Thailand requires careful planning around ownership structure, capital requirements, and regulatory compliance. B-accounting guides foreign investors and entrepreneurs through every step - from entity selection to full incorporation and post-registration compliance.
Key Requirements to Register a Company
Setting up a company in Thailand means meeting a specific set of legal requirements:
Understanding these requirements upfront avoids delays once your application is with the Department of Business Development.
How We Register Your Company in Thailand
We take you through company formation in six clear steps:
Free Consultation
We assess your business activity and ownership plans to determine the right structure - Thai-majority, Foreign Business License, or BOI promotion.
Name Reservation
We reserve your company name with the DBD and prepare your Memorandum and Articles of Association.
Statutory Meeting
Shareholders approve the MOA, appoint directors, and authorize share allocation at the statutory meeting.
DBD Registration
We submit your full registration dossier to the Department of Business Development and obtain your Company Affidavit.
Tax & VAT Setup
We register your company for corporate income tax, VAT, withholding tax, and Social Security as applicable.
Ready to Trade
Once registered, we transition you to ongoing compliance - bookkeeping, filing, and annual obligations.
Why Choose B-accounting for Company Registration
Company Registration FAQ
Can a foreigner own 100% of a Thai company?
Yes, via BOI promotion, a Foreign Business License for List 2/3 activities, or the US Treaty of Amity; otherwise foreign ownership is capped at 49% under the Foreign Business Act.
What's the difference between BOI and a Foreign Business License?
BOI promotion grants tax incentives plus 100% ownership in eligible sectors; a Foreign Business License is a DBD-issued authorization for a restricted activity, without the extra tax benefits.
How long does registration take?
5-10 business days with the DBD, plus 1-3 days for name reservation and 5-10 days for tax/VAT registration - most companies are trading within 2-3 weeks.
What's the minimum capital required?
None for a Thai-majority company; around THB 2 million for a foreign-majority company, an FBL holder, or work permit holders; BOI promotion may require more.
Can a foreign director manage a Thai company?
Yes, there's no restriction, but they need a work permit if performing work in Thailand.
Do I need to be physically present?
Not for registration itself (a power of attorney is possible), but opening a bank account typically requires in-person presence.
What are the ongoing obligations after registration?
Bookkeeping, monthly VAT/WHT filing, audited annual financial statements, an annual corporate income tax return, and an annual DBD balance sheet filing.
Ready to Register Your Company in Thailand?
Our specialists will assess your structure, advise on ownership options, and manage the full incorporation process - so you can focus on building your business.