THAI

COMPANY ESTABLISHMENT

If you are a foreigner looking for reliable and affordable solutions for your business in Thailand, Cloud 7 Legal Services is a complete one-stop solution for setting up a safe and secure business in Thailand. Our expert legal assistance and consultations have successfully set-up over a thousand Thai companies and have years of experience in company registration and all aspects of Thai law for foreigners. Cloud 7 Legal Services offers a free consultation for all your business setup requirements.

Getting your company registered in Thailand is not an easy task, especially for foreigners who have less knowledge or are unaware of the Thai laws and legal regulations. However, for their convenience, there are many government incentives including tax allowances and Thai work permits which have made this task possible. Thailand offers a plethora of business structures, of which most of them are available to foreigners as long as they do not breach the policies of Foreign Business Act. A business can be of different legal forms such as a sole proprietorship, an ordinary or limited partnership, regional or a branch office, a joint venture, a representative, a limited company or even a foreign company. Each entity can be either trading or non-trading and therefore different rules will be applicable to the ownership of majorly Thai than foreign.

ESTABLISHMENT OF

THAI LIMITED COMPANY

In most situations, for setting up a new business in Thailand, the very first step is to establish a Thai limited company – a Thai equivalent of the Limited Liability Company (LLC). However, unlike in the West, the establishment does not take place immediately, a more organized incorporation process is involved.

At the beginning of the process, there are two important documents namely the Articles of Association and the Memorandum of Association that need to be registered with the Thai Ministry of Commerce. As long as the original shareholders and promoters agree and abide by the terms in writing, the Articles of Association can be customized according to the specific requirements of the company.

THAI COMPANY

REGISTRATION PACKAGES

Cloud 7 Legal Services offers a flexible, customized and an all-inclusive solution for all your corporate registration requirements. Our packages include

  • TAILORED AND FLEXIBLE SOLUTIONS
  • CLEAR AND COST-EFFECTIVE PRICING
  • ENGLISH COMMUNICATION
  • EXPERIENCED AND LICENSED LAWYERS
  • HIGHLY-RELIABLE BUSINESS STRUCTURES
  • PREMIUM PROCESSING SERVICE
  • INTERNATIONAL QUALITY & STANDARDS

GUARANTEED FOREIGN OWNERSHIP OPTIONS FOR A THAI COMPANY REGISTRATION

BOI – BOARD OF INVESTMENT COMPANY

A BOI promoted Thai company can leverage the benefits of 100% ownership, tax incentives and other government allowances.

FOREIGN BUSINESS LICENSE

A company can apply for complete foreign ownership by exhibiting how the technical and knowledge transfer, investment and employment factors benefit the country.

THAI MANUFACTURING COMPANY

A company can apply for full foreign ownership if it is registered to 'Manufacture for Export Only' having its revenues generated from outside Thailand.

US TREATY OF AMITY COMPANY REGISTRATION

American citizens can use the Treaty of Amity agreement to take 100% foreign ownership of Thai company.

EXPORT COMPANY IN THAILAND

A company registered to 'Export Only' with complete revenue generation from outside of Thailand can qualify for 100% foreign ownership.

HOTEL MANAGEMENT COMPANY IN THAILAND

A company that is registered as 'Hotel Management Only' can apply for 100% foreign ownership.

REGISTRATION OF REGIONAL OPERATING HEADQUARTERS, REPRESENTATIVE & BRANCH OFFICES

Foreign registered companies can apply for other corporate registrations provided they carry specific restrictions on their operations and profit or revenue generations.

THAI

LIMITED COMPANY

Registering your company as a Thai limited company is the premier step for setting up a business in Thailand. This process is convenient for foreigners who have little or no experience of setting up a business in Thailand. All limited companies including both Thai and foreign, have directors, promoters, shareholders with limited liabilities. The limited liability means that the shareholder can only lose the capital invested by them in a Thai company. Apart from being familiar, Thai limited companies are the best ways of doing business as they offer multiple ways of generating profits or revenue. However, in the case of double taxation issues on both the revenues of the company and dividends, the issues can be resolved by rolling profits into the directors' and shareholders' salaries.

Additionally, unlike joint ventures where several duties and privileges can drift to some ill-defined complexities, all the rights and obligations of all parties involved in a Thai limited company are set down in writing which ensures a clear understanding of their legal standings within the company. All legal entitlements and duties in a Thai limited company are properly stated and available for any future reference if required.

Setting up a company in Thailand involves realistic cost and fees based on the type of business structure and the scope of legal work.Cloud 7 Legal Services provide a transparent, straightforward and affordable pricing plans are based on an itemized basis with the complete costs and fees presented in a quotation breakdown before commencing the legal work. To offer comprehensive and clear breakdown and cost estimation, our pricing plans are inclusive of associated government fees including costs for the registration of the company capitalization (per 1m baht), registration of memorandum, corporate licensing, Thai work permit, document certifications, social fund applications, and Thai visa.

Approach our legal and accounting experts to discuss your corporate requirements and resolve your issues in the best possible way.

Setting up a company in Thailand involves realistic cost and fees based on the type of business structure and the scope of legal work.Cloud 7 Legal Services provide a transparent, straightforward and affordable pricing plans are based on an itemized basis with the complete costs and fees presented in a quotation breakdown before commencing the legal work. To offer comprehensive and clear breakdown and cost estimation, our pricing plans are inclusive of associated government fees including costs for the registration of the company capitalization (per 1m baht), registration of memorandum, corporate licensing, Thai work permit, document certifications, social fund applications, and Thai visa.

Approach our legal and accounting experts to discuss your corporate requirements and resolve your issues in the best possible way.

Eventually, every company has to revise its structure and these changes need to be properly communicated to the associated authorities. Therefore, alongwith Thai company registration setup services that include six steps – registration of company name, registration of the memorandum of association, statutory meeting, company registration, registering for income tax and VAT and opening a corporate bank account, our experienced legal professionals will assist you with corporate secretarial services and legal accounting.