| <!-- @page { margin: 0.79in } P { margin-bottom: | | | | Thai limited company. Among foreign investors, the |
| 0.08in } --> | | | | Thai limited company is the most commonly chosen |
| One of the promising Asia's most progressive | | | | type of business organisation. |
| countries is Thailand. It is now considered a newly | | | | Steps in Thailand company registration: |
| industrialised country having experienced rapid | | | | 1. |
| economic growth which began in the mid 80's and | | | | Reserve your proposed company name. |
| continued on till the mid 90's. One of the major | | | | When coming up with a name for your business, |
| reasons behind this tremendous economic boost are | | | | make sure it is in accordance with the guidance of |
| the lovely beaches that have attracted thousands of | | | | the Business Development Office in the Ministry of |
| tourists many of whom have even decided to make | | | | Commerce as well as other guidelines. |
| Thailand their home. | | | | 1. |
| The government has also streamlined the business | | | | File a Memorandum of Association |
| registration process by creating One Stop Service | | | | A Thai limited company must file its Memorandum of |
| Centres where people can obtain the information | | | | Association with the proper Thai authorities. |
| they need in incorporating a new business in Thailand. | | | | 1. |
| It only takes one business day after receiving a | | | | Convene a statutory meeting |
| confirmation of the name reservation of a Thai | | | | A Thai limited company must have a shareholders' |
| limited company, to process a business registration. | | | | meeting to make all the appointments and decide on |
| Setting up a Thai Company is easy. With a minimum | | | | all the company policies to be implemented |
| capital of 2 million THB, one can establish and register | | | | 1. |
| a Thai limited company. The Thai Board of | | | | Company registration |
| Investment on the other hand, has a program that | | | | The Thai company has to be registered with the |
| offers several benefits to big businesses belonging to | | | | government of Thailand. |
| certain sectors that have chosen to establish | | | | 1. |
| operations in Thailand. Among the incentives being | | | | Tax registration |
| offered are fast processing of work permits and | | | | The most secure and expedient way to go about |
| visas for foreign staff, tax holidays, and reduced tax | | | | registering your limited company in Thailand is by |
| duties on imported machines among others. | | | | working with legal professionals who are experts in |
| In Thailand there are three different types of | | | | handling such matters. It would be best to choose a |
| businesses that can be registered and these include: a | | | | highly reputable law firm that offers both legal and |
| Thai partnership, a Thai representative office, or a | | | | accounting services. |