Register Your Company in Thailand as a Foreigner
Establish your private-limited company within 2-4 days with the help of our local experts.
4.6/5 rating | 1,100+ companies registered
End-to-End Support for Your Company Setup in Thailand
Business License and Permits
Our on-the-ground experts will help you secure a business license and other necessary certifications as per your planned business activities to operate your business successfully.
Virtual Office
Don’t need a physical office? Get a virtual office address for business registration and legal compliance through Emerhub.
Stay Tax Compliant from Day One
Our team will ensure that your taxes and employee payroll are processed accurately and in compliance with Thai laws.
Visas and Work Permits
We will help you secure business visas and work permits for yourself, your team, and your dependents to relocate to Thailand.
Key requirements for company registration in Thailand
General overview of the requirements for setting up a Thai limited company.
Local ownership requirements
Foreigners can own more than 49% of a private limited company in Thailand with special approval, such as through Board of Investment (BOI) promotion or a Foreign Business License (FBL). Our experts can assist with applying for the promotion and license on your behalf.
Secure a registered business address
Every company in Thailand must have a registered address at a commercial building. If you don’t plan to rent an office, Emerhub can provide a virtual office.
Minimum capital requirement
You need to declare a minimum of THB 2 million (~USD 60,000) capital. This may vary depending on your planned business activities or industry.
Workforce employment requirements
If you intend to hire foreign workers, you must meet the hiring quota of at least 4 Thai nationals for every foreign worker employed.
Company Registration Process in Thailand
Setting up your private-limited company in Thailand correctly is essential for a smooth start and long-term success. While the process involves specific legal and administrative steps, Emerhub’s experts will handle it on your behalf.
1
Reserve a company name with the DBD
As the first step to launching your business in Thailand, we will handle the reservation of your company’s name with the Department of Business Development (DBD). Simply share three potential names with us, and we’ll check each one for compliance with local rules and DBD standards, ensuring a smooth start to your registration process.
2
Preparation and submission of incorporation documents to the DBD
We will prepare and submit all the required documents to the Department of Business Development (DBD) on your behalf. These typically include the Memorandum of Association, list of shareholders, and the application to register the company. Once approved, the DBD will issue your Certificate of Company Registration, officially establishing your business in Thailand.
3
Apply for a BOI Promotion
If you wish to take advantage of Board of Investment (BOI) benefits in Thailand, we will handle the application process on your behalf. It is better to be done in tandem with your company registration as this approval can take months. We’ll prepare and submit all required documents, including your business plan and capital investment details.
4
Register a Tax Identification Number (TIN) for your business
After your company is successfully registered with the DBD in Thailand, we’ll handle the process of securing your Tax Identification Number (TIN) from the Revenue Department. We’ll also take care of VAT registration, withholding taxes, and ongoing tax filing requirements, making sure your business stays fully compliant with Thai tax laws from day one.
5
Obtain a business license and relevant permits
To get your business up and running, we’ll assist with securing any additional business licenses required for your operations in Thailand. Depending on your industry, this may include sector-specific permits or specialized licenses like the Foreign Business License (FBL). Our team will guide you through the entire process, ensuring all applications are properly submitted and approved so your business can operate legally and without interruption.
6
Open a corporate bank account in Thailand
After your company is fully registered, tax-compliant, and has secured the required business licenses in Thailand, you’ll be ready to open a corporate bank account. We’ll handle the preparation of all supporting documents and guide you through each step of the banking process to help you set up your account with ease.
7
Ensure post registration compliance
To ensure your company remains in good standing in Thailand, we will take care of all ongoing regulatory requirements on your behalf. This includes timely filing of tax returns, submission of annual financial statements, renewal of business licenses, and other mandatory filings with government agencies, ensuring full compliance at all times
Emerhub portal helps you track all the key compliance deadlines to ensure your business can stay compliant and avoid potential issues.
Have questions or need more information?
Register your company in Thailand with us
Select business activities
Choose your company type and activities. Pay online and get started immediately.
Fill out shareholder and capital details
Conveniently collect all company requirements via our web application.
Get your incorporation documents
All your corporate documents will be accessible via Emerhub’s Entity Management Software
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FAQs About Company Formation in Thailand
Yes, foreigners can register a company in Thailand. The most common structure is a private limited company, which foreigners can establish subject to certain restrictions on ownership and business activities.
Partner: Generally, foreign ownership in a Thai private limited company is limited to 49%. To comply with this, a Thai citizen must hold at least 51% of the shares unless the company obtains a Foreign Business License (FBL) or BOI promotion allowing higher foreign ownership.
Director: There is no legal requirement for a director to be a Thai citizen; foreigners can be directors.
Emerhub will help you meet the necessary citizenship requirements and stay compliant.
To have 100% foreign ownership, the company must either:
- Obtain a Foreign Business License (FBL) if the business is in a restricted sector
- Be promoted by the Board of Investment (BOI), which grants exemptions and incentives including full foreign ownership in targeted industries
- Qualify under specific treaties such as the U.S.-Thai Treaty of Amity for U.S. nationals
You need an FBL if your foreign-owned company operates in sectors restricted under the Foreign Business Act (Lists 2 and 3) and foreign ownership exceeds 49%. If your business is unrestricted or under BOI promotion, an FBL may not be necessary.
Our experts will guide you on specific licenses depending on your planned business activities.
In Thailand, companies must keep proper accounting records, file annual financial statements with the DBD, and submit corporate tax returns. VAT registration and regular filings are required if annual turnover exceeds 1.8 million THB. Businesses must also hold annual meetings, renew necessary licenses, and comply with labor laws, including social security registration for employees.
Key documents required for company registration in Thailand include:
- Company name reservation certificate from the Department of Business Development (DBD).
- Memorandum of Association (MOA)
- Company registration application form signed by shareholders and directors.
- Copies of identification documents of all shareholders and directors.
- List of shareholders and directors.
- Articles of Association/by-laws approved at the statutory meeting.
- Payment of the registration fee based on registered capital.
Schedule a free consultation
Ready to discuss setting up your company in Thailand?
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Schedule a call with an Emerhub consultant in Thailand
Tell us about your plans. We’ll reach out to discuss your needs and how we can help you setup your business in Thailand.
Email Us
info@emerhub.com
Call Us
+66 92 554 5444
Visit Us
20th Floor, United Business Center II Building, 591 Sukhumvit 33 Alley, Khlong Tan Nuea, Watthana, Bangkok 10110