Company Registration

You can establish a business in Thailand as Sole Proprietorship, Limited and Unlimited Partnership, Private Limited Company, and Public Limited Company.  The owner of Sole Proprietorship has unlimited responsibility for all the liabilities of the business. Limited Company limits all the liabilities of the shareholders to the unpaid amount of the shares subscribed by them.  In most cases, Thai Limited Company is the most popular structure and ideally the first step in setting up a new business in Thailand.

 

You can set up a limited company in Thailand with only a few thousand Baht; however, the average declared capital is 1 Million Baht.

The structure of a Thai company has to consist of 1 or more directors and a minimum of 3 shareholders which can either be Thai or foreigner.  In Thai Limited Company, Thai nationals must hold the majority shareholdings.  This means that foreign ownership of the company cannot be more than 49%.

 

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