Start and grow your business

in Thailand

Unlock Your Business Potential in Thailand with RBA

Looking to establish your own company? Look no further! With years of experience and a team of expert professionals, RBA Thailand, a part of Rosemont Business Asia group, headquartered in Singapore with entities in Hong Kong and Vietnam, has the solution. Our company registration services are designed to make the process seamless and hassle-free. Whether you're a startup, a small business, or a multinational corporation, we offer tailored solutions to meet your specific needs. From preparing the necessary documentation to navigating legal requirements, we handle it all, ensuring compliance and peace of mind, so you can focus on what truly matters – building your business.
Contact us today and let's get started on your company registration! 

Camille Richetta - Country Manager

OUR SERVICES

The Complete Suite of

Corporate Services You Need

to Start Your Business in Thailand.

Company Registration

Effortless company registration services for hassle-free business establishment. Let us handle the paperwork for you

Accounting Services

Streamline your finances with our expert accounting services. Trustworthy, accurate, and tailored solutions for your business

Employment

Navigate employment processes effortlessly with our reliable services, ensure smooth transitions for your business

COMPANY TYPES

What type of company can you
setup in Thailand?

Thai
limited company


The Thai Limited Company is the prevalent business type in Thailand for locals and foreigners. It offers reliability, security, and ease of operation. Similar to business structures in one's home country, it involves shareholders, directors, and other important considerations. Certain sectors may require licenses for a Thai Limited Company to operate.

Foreign-owned
limited company


A foreign-owned company in Thailand is similar to a Thai limited company but with majority foreign ownership. Prior to trading, a Foreign Business License must be obtained by demonstrating that the company is not engaged in restricted activities and will benefit Thai society and economy. The licensing process can take 3-6 months, and the outcome is uncertain.

Board of Investment
promoted company
(or BOI)

Under the BOI (Board of Investment), Thai limited companies can have foreign ownership if their activities align with the promoted business list. BOI certification offers various benefits, such as tax relief, multiple work permits, and visas. The process involves interviews with company directors and can be somewhat complex.

Amity Company

US individuals or entities can hold majority shares in a Thai limited company. Additional procedures and documentation are necessary, which may slow down the process. However, licensing is granted as long as the business is not restricted under foreign business laws.

Representative Office

Foreign companies can opt for a representative office (RO) in Thailand, eliminating the need for a Thai partner and reducing costs. An RO can sponsor work permits for two foreign staff, but it cannot issue invoices. While it can support head office activities, invoicing and payments must be handled by the head office.

Branch Office

Registered branch offices of foreign companies have the ability to issue invoices, unlike representative offices (ROs), but it requires licensing and approval due to their foreign ownership. As the branch office lacks shareholders, the head office assumes liability for all activities in Thailand.

Ready to start your business in Thailand?

Contact us today.

RBA Thailand is part of Rosemont Business Asia group, which also operates in Singapore, Hong Kong, and Vietnam

Let us help you in starting your business in Thailand. We have the expertise and experience to provide a complete suite of corporate services whether it is incorporation, accounting, or visa.

HOW IT WORKS

Seamless and hassle-free
process with RBA.

Get in touch with us

Get in touch with us to discuss your specific needs and get a quote.

We get the job done

We take care of everything for you so that you can focus on running your business.

Grow your business

Expand and enhance your business to achieve greater success and profitability.

GOOD TO KNOW

Here are 8 pieces of information
you must know.

Director(s)

Every Thai company must have a director, either Thai or foreign, based on the business activity. If a foreign director represents the company, they typically need a work permit and visa.

Shareholders

A minimum of three shareholders is required, with 51% typically being Thai-owned, but exceptions apply. Even if Thai ownership is met, RBA can structure the company to grant foreign shareholders complete control over dividends, share transfers, and overall company management.

Business address

When registering, a commercial address is required. For employees, a physical office must be established, subject to inspection. Certain licensed business activities have additional requirements for the registered office. The landowner's signed ownership documentation is necessary for VAT registration with the Revenue Department.

Corporate bank account

Thai companies can apply for online banking and open corporate accounts for savings, checking, and foreign currency, provided they are registered.

Registered capital

When creating a company, registering capital is required with varying requirements based on business structures. Money doesn't need to be shown as paid up during registration, but it must be reported in the first annual report. However, companies with foreign staff or resident directors needing work permits should have 2M THB per employee in registered capital, fully paid up.

Tax & VAT registration

If your company earns over 1.8 million in revenue during a financial year, registration with the Revenue Department is mandatory. In Thailand, companies can select their financial year, such as September 1st to August 31st if registered in September. A tax payment report must be prepared and submitted at the end of the financial year.

Social Security fund registration

All employees, Thai or foreign, must be registered at the Social Security Office within 15 days of starting employment, granting them access to benefits. Resignations and terminations should be reported within 15 days after the contract ends. Salaries require monthly deductions and reporting to the Social Security Office (SSO), with the company matching employee contributions.

Business licenses

In Thailand, business licenses are legal requirements for operating certain types of businesses. The specific licenses needed vary based on the nature of the business activity. The process of obtaining a business license involves submitting an application to the relevant government authorities and fulfilling specific criteria. The duration and complexity of obtaining a license can vary depending on the type of business and local regulations.

Request your FREE consultation today!

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