Company Formation Thailand
Other Jurisdictions
Thailand
Cost of registration
Number of Directors
Corporate tax rates
Payment of Charter Capital
Financial statements
€ 1,600
1
0%-30%
1.00
Yes
FEW WORDS ABOUT COMPANY in Thailand
BENEFITS
TAXES
ACCOUNTING
- Fastest rising economies
- The government encourages foreign investment through periodical incentives
- There are tax benefits
- Electronic Signature
- A 2-3-year Non-B Visa
- Permission to own a small piece of land
- Corporate tax is 0%-30%. There are several levels of gradation for investors, from 0% for earnings less than 150.000 Baht, up to 30% for revenues over 4 million Baht
- VAT - 7%
- Annual returns filing - Yes
- Statutory audit - Yes
- Report requirements - Yes
REQUIREMENTS
TYPES OF COMPANIES
- Registered office
- Registration agent
- The minimum number of directors is 1 person. Some business licensing, for example Tourism Authority of Thailand, requires a Thai director
- The minimum number of shareholders is 3 person
- A minimum authorized capital is 1 million baht. At least 25% of the total shares must be paid by the shareholders
- Limited liability company
- International Company
- US-Thai Treaty of Amity
- Representative offices
- Branch Offices of Foreign Companies
- Limited Partnership
- Regional Office
Generally 51% of the shares must be Thai owned, but there are exceptions. Even if 51% of the shares are Thai owned, we can structure the company for you so that the foreign 49% maintains complete control of the company, its dividends and share transfers.
Companies liable for income tax must obtain a tax I.D. card and number for the company from the Revenue Department within 60 days of incorporation or the start of operations.
Companies earning more than 600,000 baht per annum must register for VAT within 30 days of the date they reach 600,000 baht in sales.
Company registration takes 3 weeks
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HOW TO REGISTER A COMPANY IN Thailand
Step 1. Check your company name in the Company Registry
Step 2. Enter your company details
Step 3. We prepares and files the necessary incorporation documents to the relevant authorities for approval
Step 4. Then we works with the client to open a corporate bank account in Thailand
Step 5. We deliver the certificate of incorporation personally to the client or via courier service
Step 6. Checkout – that’s it
MORE INFORMATION
CORPORATE INFORMATION
SHARES AND SHARE CAPITAL
Opportunity to purchase ready-made companies
Local registered office
Local registered agent
Yes
Yes
Yes
National currency
The minimum amount of paid-in capital, nat. currency
The minimum amount of the issued capital
Bearer shares
The usual size of the authorized capital
Possibility to issue shares without par value
Baht
1,000,000
1,000,000
No
1,000,000
No
DIRECTOR AND SECRETARY
SHAREHOLDER AND BENEFICIARY
Minimum number of directors
The requirement for residency directors
Director of legal entities are allowed
The data reveals to the local agent
Data field to the public registry
The requirement for the presence of the Secretary
Requirement to the residense of the Secretary
Requirements to qualification of the Secretary
Legal entity as the Secretary
1
No
No
Yes
No
No
No
No
No
Minimum number of shareholders
Data is entered in the public register
Shareholders residency requirement
Information about the beneficiary is disclosed
Information may be disclosed to the local agent
Shareholders-legal entities are acceptable
3
No
No
No
No
No
TAXATION
REPORTING
VAT
Basic corporate tax rate
Capital gains tax
Currency control
Stamp duty
7%
0%
No
Yes
No
The requirement for filing reports
Open access to reports
Statutory audit
The requirement for filing Annual Return
Open access to the Annual Return
The requirement for reports
Treaty on avoidance of double taxation (States which signed)
Membership in the OECD
Yes
No
Yes
Yes
No
Yes
61
No
The tax year is generally the calendar year (ending on December 31st) but it can be any 12-month period. A tax year shorter than 12 months is only allowed in the company’s first year after incorporation, in the year of its dissolution or when a change in the accounting method applies.
Companies are required to file self-assessed annual corporate income tax returns no later than 150 days after the end of the accounting period. the sale filing requirement also applies to foreign companies. Fines apply for late filing as well as inaccurate filing.
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Why Customers Choose Us
Our lawyers have already registered hundreds of companies in different parts of the world, and they know all the subtleties and underlying potential problems when registering companies in the necessary jurisdiction. You will save your time and money by applying for us.
We offer an individual solution
We implement a personal plan in line with your objectives. We'll offer all our services includes full legal support of the company registration procedure, obtaining a legal address, interaction with the official government authorities of the jurisdiction, state fees, legal address of the company, etc
We provide full legal support
We'll provide the client with the best company incorporation services. Professionals and expertise of Law: Worldwide registration and legal maintenance of companies, accounting services, and audit, tax planning and optimization, trademark and patent registration
We ensure a positive result
Strategically providing up to date personalized services to help your business succeed. We makes use of modern technological features to keep the records and details of every client safe