Register Company in Thailand with Block3 Finance
Registering a company in Thailand is a smooth process when you have the right guidance. With Block3 Finance handling the incorporation, you can focus your time and resources on more critical areas of your business.
Our expert team ensures a hassle-free experience from start to finish, and our goal is to have your Thailand-based company operational within the agreed timeline.
Our Service Package Includes
Register your company with the Department of Business Development (DBD)
Local company secretary and registered address
Corporate bank account opening
Annual accounting and tax services
How Long Does It Take to Register a Company in Thailand?
At Block3 Finance, we aim for a streamlined company registration process in Thailand. After receiving the necessary documents from directors and shareholders, we conduct a name search to check the availability of your preferred company name.
This process can be handled remotely, so you won’t need to travel to Thailand. Once registered, you’ll receive your Certificate of Incorporation, Articles of Association, and Memorandum of Association within 4-6 weeks. Following that, we'll assist in opening a corporate bank account, and you can expect to issue invoices and start operations within 5 months of engaging Block3 Finance.
Can a Foreigner Register a Company in Thailand?
Yes, foreigners can register a company in Thailand. Most foreign investors can own up to 49% of a Thai company. However, the Board of Investment (BOI) program allows foreign ownership of up to 100%, provided the business falls within specific sectors. The eligible sectors for BOI promotion include agriculture, electronics, technology, and manufacturing, among others.
If the company is not eligible for the BOI program, foreign ownership will be restricted, and at least 51% of shares must be held by Thai nationals.
Types of Business Entities in Thailand
1. Private Limited Company:
Most common entity for foreigners.
Requires at least 3 shareholders and 1 director.
Shareholders are not personally liable for company debts.
Foreigners can own up to 49% of shares unless applying for a BOI promotion.
2. Limited Partnership:
Composed of general and limited partners.
The general partner holds unlimited liability, while limited partners have liability only up to their investment.
Foreign ownership is restricted to 49%, unless a Foreign Business License (FBL) is obtained.
3. Branch Office:
An extension of the parent company.
100% foreign ownership is allowed.
The branch is not a separate legal entity, and the parent company is fully liable for all debts.
4. Representative Office:
Ideal for foreign companies interested in conducting market research or promoting their parent company's business.
Not allowed to engage in direct revenue-generating activities.
How to Register a Company in Thailand?
Business Strategy & Planning: Block3 Finance will help you choose the most suitable business structure based on your goals.
Pre-registration Requirements: We’ll assist you in gathering all necessary documents and ensuring everything is in order.
Name Reservation: We will check the availability of your preferred name and reserve it.
Document Preparation & Filing: Block3 Finance will prepare and file your incorporation documents with the Department of Business Development.
Post-registration: After registration, you’ll receive your company documents and we’ll help with opening a corporate bank account.
Ongoing Compliance: Block3 Finance will assist in maintaining compliance with local tax and reporting requirements.
Post-Incorporation Obligations
Tax Registration: Apply for a corporate tax ID and VAT registration if applicable.
Annual Filing: File annual financial statements and tax returns with the Thailand Revenue Department.
AGM Requirement: Hold an annual general meeting to review financial statements and operations.
Social Security: Register employees with the social security office.
Why Register a Company in Thailand?
Thailand offers a business-friendly environment, with a strategic location in Southeast Asia, favorable corporate tax rates, and tax incentives for certain industries. The government actively encourages foreign investment, and you can take advantage of Free Trade Zones for additional benefits.
Thailand's economy has shown consistent growth, and its well-developed infrastructure and high-skilled workforce provide a solid foundation for business growth.
Contact Block3 Finance for Your Thailand Company Formation
If you're ready to start your business in Thailand, Block3 Finance is here to help. Our team of experts will guide you through every step of the company registration process and ensure your business meets all legal and regulatory requirements.
Contact us today to learn more about how to register your business in Thailand. Our team will respond within 24 hours to address all your queries.
