Open A Company
- Requesting permission to open a restaurant.
- Requesting permission to open a cannabis store.
- Requesting permission for a factory.
- Requesting permission for labor.
- Requesting permission for construction.
The Foreign Business Act (FBA) regulates the formation, registration, and operations of foreign businesses in Thailand.
Foreigners have various business structure options, with the Thai Limited Company being the most popular. The registration process depends on the chosen structure and can range from 3-5 business days for a simple Thai Limited Liability Company to up to 90 days for a more complex BOI Company. (Refer to the menu on the right for all available options.)
Navigating the processes of obtaining a foreign business license, registering a business, and understanding the civil and commercial codes can be challenging for those unfamiliar with Thai laws. However, with our extensive experience and broad practice in handling complex corporate matters for international clients, setting up a company in Thailand can be smooth and seamless.
The Thai Limited Company
One of the most common foreign-owned business structures in Thailand is the Thai Limited Company. This structure is straightforward and allows the business to engage in a wide range of activities. It is formed with registered capital divided into equal shares, with each shareholder’s liability limited to the amount unpaid on their shares.
Advantages of a Thai Limited Company
Reliability
Registering a Thai Limited Company requires investors and third parties to provide a clear picture of the business to the government. This transparency allows third parties to examine the company’s corporate profile, financial state, shareholder list, directors, and more. Consequently, partners, investors, banks, and private lenders find the company reliable.
Security
A company is a separate legal entity established for the long term. It typically operates until the owners decide to dissolve it. A Thai Limited Company cannot be easily dissolved, making it a preferred option for investing in a solid, long-lasting business. The day-to-day management of its branch offices is typically handled by directors appointed by the shareholders.
