Professional Accounting Services in Thailand

Professional Accounting Services in Thailand

Immediate Consultation
Immediate Consultation

Starting a Business

Limited Company (LLC)

Effortlessly establish your private Limited Company in Thailand or LLC through our streamlined company registration services.

Designed to serve both foreign entrepreneurs and established businesses, our services allow you to establish a joint venture with Thai nationals or form a wholly foreign-owned entity.
  • 100% Foreign Ownership
  • Full control
  • Hiring Foreign employees

Cost

70,000THB

Investment

50,000 Baht registered capital

Process Time

5 Business Days

Limited Company

Limited Company at a glance

  • 100% foreign ownership is permissible for specific business activities. For others, forming a joint venture with a local partner might be necessary.
  • A preference share structure, combined with a meticulously drafted shareholders' agreement, serves to safeguard the interests of foreign investors.
  • A minimum capital of 2 million THB and a ratio of four Thai employees for every foreign employee are typically necessary to support each work permit.
In addition to the aforementioned package, additional options are available on the product page.

Why trust VB & Partners for your Limited Company in Thailand?

Embarking in a business venture in Thailand can be tricky. That’s why VB & Partners is here to help. Our comprehensive range of services covers every step, from initial business feasibility assessments to complete incorporation and running your business operations.

Navigating local laws and regulations is an essential concern for foreign enterprises. Our tailored packages are designed to ensure adherence to legal and local practices. Backed by a team of experts who are familiar with the Thai market and regulations, resulting in the smooth operation of your business.

What does this package include

  • Company Registration
  • Company name registration
  • Application filing
  • Company stamps
  • Document translations
  • Company share registration
  • Share certificates prepartion

Open your
limited company now

Min 50K Baht capital required. Approval in 5 business days.
Apply Now

Request a Quotation

Receive your free quotation regarding accounting and tax services in Thailand within 24 hours.

Whether you are getting started in Thailand or are looking for a new accounting service, our experts are ready to help. 

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Frequently Asked Question

What is a Limited Company?

A limited company in Thailand is similar to a Limited Liability Company (LLC) in Western countries. It is a distinct legal entity that separates the personal assets of its shareholders from the company's liabilities. This structure offers several advantages, including limited liability protection, ease of transferability of shares, and clear governance through defined roles for directors and shareholders.

What are the Benefits of Setting Up a Limited Company in Thailand

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Establishing a limited company in Thailand offers numerous advantages:

  1. Legal Protection: The limited liability structure protects shareholders' personal assets from business liabilities.
  2. Foreign Ownership Options: Depending on the business activity, foreign investors can own up to 100% of the company, especially if they obtain promotion from the Board of Investment (BOI) or register under specific treaties like the Treaty of Amity.
  3. Credibility and Trust: Operating as a registered limited company enhances credibility with customers, suppliers, and financial institutions.
  4. Tax Benefits: Companies may benefit from various tax incentives and lower rates under certain conditions, especially if promoted by the BOI.
  5. Easier Access to Financing: A limited company can more easily secure loans and financing compared to sole proprietorships or partnerships.

What are the Steps to Establish a Limited Company in Thailand?

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The process of setting up a limited company in Thailand involves several key steps:

1. Name Reservation

The first step is to reserve your proposed company name with the Department of Business Development (DBD). You must provide at least three name options that comply with naming regulations.

2. Prepare Required Documents

Prepare essential documents such as:

  • Memorandum of Association (MOA)
  • Articles of Association
  • Details of shareholders and directors
  • Registered office address

3. Register Your Company

Submit your registration application along with all required documents to the DBD. This can typically be completed within one business day if all paperwork is in order.

4. Hold a Statutory Meeting

After registration, convene a statutory meeting to adopt the Articles of Association, appoint directors and auditors, and ratify business activities.

5. Obtain Tax Registration

Register for a Tax ID card with the Revenue Department within 60 days of incorporation. If your annual turnover exceeds 1.8 million THB, you must also register for VAT within 30 days.

Do I need to be physically present in Thailand during registration?

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While it is not mandatory to be physically present during registration, having local representatives or authorized agents can facilitate the process.

Can foreigners own 100% of a limited company?

Yes, foreigners can own up to 100% of a limited company if they obtain BOI promotion or register under specific treaties like the Treaty of Amity.

What documents are needed to register a limited company?

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Required documents typically include the Memorandum of Association, Articles of Association, identification documents for shareholders and directors, proof of registered office address, and other supporting materials as specified by the DBD. This text is structured for clarity and engagement while incorporating relevant keywords naturally throughout the content. It provides comprehensive coverage of "Limited company in Thailand," enhancing its potential for ranking well on search engines.

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