COMPANY FORMATION IN THAILAND

Register your company in Thailand with S K Patodia

Company formation in Thailand

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    REQUIREMENT TO OPEN A COMPANY

    • Minimum 3 Shareholders. There is a mandatory requirement to have a Thai Shareholder who will hold 51% of shares if the company wishes to deal locally.
    • Minimum 1 Director (any nationality)
    • The minimum capital should be THB 2-3 million depending on the business activities of the company
    • Registered local office address

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    OUR SERVICES

    Company Formation Services
    • Checking for name availability and reserving the same
    • Electronic Notice of Incorporation in PDF
    • Electronic Memorandum & Articles of Association in PDF
    • Electronic Business Profile in PDF
    • Common seal, Share certificates, statutory registers/minutes
    • Minutes of first Directors' meeting
    • Directors' resolution for bank account opening
    • Services for local registered address
    • Arranging the appointment with the Local Bank for opening of corporate bank account
    • One set of Certified True Copies for opening of bank account
    • Translation of Incorporation Documents (if Required)

    TIME PERIOD

    It takes approximately 5-7 working days for company registration in Thailand.

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    ADVANTAGES OF COMPANY FORMATION IN THAILAND

    Company formation in Thailand is popular among business people due to its free-enterprise economy, strong export industry, pro-investment policy, cost-effective workforce and excellent infrastructure. Its economy is heavily dependent on export, which makes for two-thirds of its GDP. Two other important sectors are the industrial sector and the service industry. Additionally, it is the second largest economy in South-East Asia. We at S K Patodia & Associates help you with your Thailand company formation in a hassle-free manner by providing guidance at each step.

    • The export sector enjoys exemption from excise duties, customs and VAT

    • Companies in the Thai free zone enjoy a tax exemption of 100 percent for a period of eight years

    • It has a business friendly environment in terms of low-cost workforce and rental places.

    • Companies that have been approved by the Thailand Board of Investment enjoy numerous tax benefits

    • It has a stable political and social environment