Types of Companies in Thailand

A presentation brought to youby ThaiCompanyFormation.com

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Open a Company in Thailand

• Entrepreneurs interested in opening a company in Thailand need to make the necessary preparations to register the business with the Thai Trade Register.

• In accordance with the Company Law in Thailand, investors need to register the company before starting their activities.

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Company Types in Thailand• Investors who want to register a

company in Thailand are allowed to establish the business under the following legal entities: 

limited company- established by at least three shareholders;

partnership – managed by minimum two persons;

joint venture – formed by a group of natural persons and/or legal entities;

sole proprietorship. 

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Register an LLC in Thailand >>

• If you have decided a limited liability company is the proper business form for your further activities in Thailand, it is recommended to register it right away.

• The limited liability company in Thailand is usually formed by minimum three shareholders and ruled by one director.

• Our Thai company formation experts can help you in this matter.

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>> Register an LLC in Thailand

• The minimum share capital necessary for an LLC in Thailand is 2 million THB.

• You must choose a name for your company, prepare the articles of association and sign the memorandum of incorporation.

• Submit the documents with the Thai Ministry of Commerce for approval, and wait for about 4 weeks.

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Register a Joint Venture in Thailand >>

• A joint venture can be registered as a legal company, under the form of a limited company in which the joint venture partners own shares in an agreed percentage.

• The registration procedure and fees for setting up a joint venture in Thailand are the same as those for the formation of an ordinary limited business.

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>> Register a Joint Venture in Thailand

• Even if not registered as a legal entity, an “unincorporated joint venture” is considered as a juristic business by the Revenue Department for tax liability purposes.

• We remind that our company formation agents in Thailand can provide you with info and guidance when registering a joint venture with the authorities in charge.

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Open Sole Proprietorship in Thailand >>

• A sole proprietorship in Thailand is a recommended option to all entrepreneurs who wish to start a small business.

• In order to properly function, the commercial activities of a sole proprietorship in Thailand need to be registered at the local District Office.

• You can receive complete guidance in this matter from our company formation experts in Thailand.

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>> Open Sole Proprietorship in Thailand

• The needed documents for opening a sole proprietorship in Thailand are the following: a signed copy of the house

registration book of the business address;

the map of the business address;

the taxpayer number;

the VAT certificate;

the registration application form.

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Open a Partnership in Thailand• When you open a

partnership in Thailand as unregistered ordinary partnership, it is a non-juristic entity treated as an individual for tax purposes. 

• The registered partnerships are listed with the Commercial Registrar, therefore constituting juristic persons.

• We have experience in this matter, so contact us for details.

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Assistance in Opening a Company in Thailand

• If you want details about the available company types, it is best to ask for advice from our Thai company formation experts.

• It is good to know that our consultants can support you throughout the entire company incorporation process in Thailand.

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Thank you for your attention!

• For more information please contact us at:

(+44)203-287 0408 (for international clients)

office@attorneysinthailand.com

www.thaicompanyformation.com12