It costs anywhere from THB 24,000 to THB 180,000 to open a company governed by Thai business law. The level of investment that your company plans to make will play a massive part in determining the cost, along with the type of company you want to set up, what your company intends to do, what benefits you are looking to get, and if there’s foreign involvement in the ownership as well as operations. With the tedious Thai company registration process and the different costs associated with setting up a business in Thailand, company formation can be a challenge for those eager to start doing business.
Without a company registration lawyer by your side, you could end up prolonging the Thai company registry process or, worse, unintentionally breaking the law by failing to correctly choose from the legal entity types, especially when you have one of those complex forms of business ownership. ViZe is your cost-effective solution to all of that. With our comprehensive Thailand business registration service and experience in successfully helping different types of companies getting established, all you have to do is relax and watch the process unfold for your company.
The startup scene in Thailand is thriving with opportunities. The low cost of living makes it easier for different types of companies to start their business with little initial investment. Apart from excellent infrastructure, stable power grid and high-speed internet availability, the government focuses on shifting its economic dependence from the old agriculture-based way of business to sustainable technology-based efforts, creating many ancillary opportunities for every startup company in Thailand.
With policies favouring start-up Thailand company formation, tax exemptions, and visas for foreigners, many venture capitalists and private investors are considering starting a business in Thailand. A local or a foreign company in Thailand that meets the country’s investment opportunities requirements simply gets a lot in return. If you’re planning to start up a business in Thailand for foreigners, ViZe is the Thai company registration consultant to call.
Foreigners can register a Thai business, and there are already different types of international business ventures existing in the country. This means that registration in Thailand for foreign investors can be seamless and fast when you decide to open a company but comes with strict limitations. When setting up a business in Thailand, foreigners cannot own more than 49% of the company. The Thai government tightly regulates a start-up business in Thailand for foreigners, so foreign investors need to be aware of their limitations. One common mistake of a foreign company in Thailand is getting Thai nominee shareholders to hold a 51% share on the foreigner’s behalf. This violates the Foreign Business Act and would be avoided if you hire a business registration company in Thailand.
ViZe is the top Thai company registration consultant that will guide you on how to register company in Thailand and even exceed the 49% ownership limit legally. To do this, ViZe will assist you in obtaining a Foreign Business License, which can be granted if your type of company does not compete with Thai businesses or if you’re setting up a company Thailand could greatly benefit from, such as a company offering unique products/services. Other methods include promotion through the Board of Investment and the Treaty of Amity, which is for US citizens only. When you plan to establish a company, register in accordance with Thai corporate laws, it may sound complicated, but with the help of ViZe, the process of the Thailand company registry will be smooth sailing.
Thai business law has different requirements for company registration in Thailand for foreigners and locals, but they all start with the proper documents to prepare and where to submit them. Those starting a business in Thailand must register their company at the Department of Business Development of the Ministry of Commerce, with offices spread out and located centrally in Bangkok. For a private limited company outside of Bangkok, the required documents must be filed with the Office of Provincial Business Development in the province where the company’s business will be located. For a public limited company, all documents associated with the company’s registration must be submitted to the Department of Business Development of the MOC at the Central Registration Office, Bangkok only, regardless of the company’s location.
Setting up a company in Thailand means you will be faced with ‘how to register a company in Thailand’. It’s essential that you approach a company registration lawyer before you begin the Thai company registration process. Thai company registration consultants will ensure that the information you submit for the Thailand company registry is accurate and meets all requirements. ViZe is a business registration company in Thailand that’s built on trust. We have been a top choice among companies in Thailand for years when it comes to handling the entire company registration process and at the same time helping clients understand how to register a company in Thailand.
Setting up a company in Thailand can require lots of work, starting from registering the company. Still, you can choose the easy, fast and convenient way by going to a business registration company in Thailand like ViZe. Thailand business registration offers many options: BOI Company, Private Limited Company, Regional Office, Regional Office HQ, Non-profit foundation, US Treaty of Amity, Representative Office, and Branch Office. You can handle the registration of the company yourself, or you can seek the help of Thai company registration consultants. We will explain to you all your options so that you don’t have to worry about which one your company belongs to and the benefits you get from the different company legal structure types.
ViZe determines the best legal structure of a business and helps companies sort out the forms of business ownership and the types of business models. Whether you want to start up business in Thailand for foreigners or establish a sole proprietorship, Thailand business registration will be hassle-free with ViZe. The perfect partner to help you navigate through the complicated Thai company registration process, we have all the top-notch lawyers that can provide excellent advice to get you started with setting up a company in Thailand right away. By keeping communication lines open, company formation in Thailand will be easier for you to understand. Trust us to take care of all the compliance requirements that typically take entrepreneurs time away from their actual work. Contact ViZe now, and let’s start building your dream startup company in Thailand.
When setting up a company in Thailand, company formation starts with choosing the type of business organisation to establish. BOI Company, Private Limited Company, Regional Office, Regional Office HQ, Non-profit foundation, US Treaty of Amity, Representative Office, and Branch Office are all types of companies you can register as. If you are to have foreign participation in your start-up business, Thailand requires that the foreigners apply for Visa and work permit. You will then go to the Department of Business Development for your company name reservation, which kick-starts the process of registering a company. Depending on the type and nature of your business, you will need to prepare all necessary documents for the company register. Submit them to the business registration office where your company’s head office is located.
To legally do business in Thailand, you will need to have a minimum of THB2 million, which qualifies you for one work permit. Remember to pay taxes when your start-up Thailand company is already operational. Business owners often shorten this process by going to Thai company registration consultants. Once registered, open a company bank account and pay your capital. You don’t have to do this alone as well. ViZe is a trusted Thai company registration consultant that fully understands how to start a business in Thailand.