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Registering a company in Thailand involves more than submitting a form. The entity structure you choose at the outset determines your exposure to the Foreign Business Act, your eligibility for BOI incentives, your minimum capital requirements, and your long-term ability to operate, employ foreign staff, and repatriate profits. Getting it wrong is expensive — and corrections often require full dissolution.
What’s included
- Entity structure recommendation with written rationale
- Memorandum & Articles of Association preparation
- DBD registration coordination and filing
- Shareholder and director document management
- Capital evidence coordination (bank statement timing)
- VAT and tax ID registration
- Social security registration
- Corporate bank account opening support
Entity structure recommendation with written rationaleWhat the engagement covers
We coordinate every step from structure recommendation through Department of Business Development (DBD) filing and post-registration setup. That includes drafting Memorandum and Articles of Association, gathering and verifying shareholder identity documentation, liaising with the DBD and your nominated auditor, and confirming that registered capital is evidenced correctly at the time of filing. We also coordinate the downstream tasks most advisors leave to you: VAT registration, tax ID issuance, social security registration, and corporate bank account opening.
Structure options we coordinate
Thai Limited Company with minority or majority foreign shareholding, US–Thai Amity Treaty company (available to US nationals and entities), BOI-promoted company for qualifying investment activities, and Representative Office or Branch Office for companies not yet ready to fully incorporate. The right choice depends on your nationality, industry, planned staffing, and growth horizon. We give you a clear recommendation — not a list of options and a disclaimer.
BOI promotion: when it makes sense and when it does not
BOI-promoted status provides significant advantages — foreign majority shareholding without Amity Treaty eligibility, land ownership rights, import duty exemptions, and corporate income tax holidays. But BOI promotion has eligibility requirements, minimum investment thresholds, and ongoing reporting obligations. We assess your activity against current BOI promotion categories and advise honestly on whether promotion is a real option for your business — or whether a simpler structure is the right move.
Timeline and what drives it
DBD registration takes three to five working days once documentation is complete and verified. The preparation stage — the part we control — typically takes seven to ten working days depending on document complexity and shareholder documentation quality. Post-registration steps add two to four weeks. Bank account opening for foreign-majority companies adds a further one to three weeks depending on the bank. Our job is to ensure that delays happen at the bank — not in the preparation or filing stage.
Ongoing obligations after registration
Registration is day one, not the finish line. A properly registered Thai limited company has annual audit requirements, annual shareholder meeting obligations, corporate income tax filings, and — if VAT-registered — monthly VAT returns. We offer ongoing compliance coordination for clients who want a single point of accountability for all of it, rather than managing a separate accountant, auditor, and legal adviser independently.
