Why Get Corporate Services Through the Thaiger?
Our goal is to help our clients get their companies incorporated in the most professional manner and in the fastest possible time frame. You can rely on us to help you get your business fully up and running.
What is a Corporate Service?
Corporate services, or company service providers, provide business support services to other companies based on best practices, specialized knowledge, and leveraging the use of technology. The provided support service can range from legal liabilities, tax accounting to company incorporation.
Of course, companies can choose to do these activities themselves, without any external help. However, these activities can be time-consuming and distract companies from other functions of their business.
Besides, some legal obstacles might be challenging for some companies to deal with without any external help, particularly for investors who want to start a company in Thailand. The company registration in Thailand must adhere to Thai Law. While the laws are very encouraging to investors wishing to start a company in the country, it still requires some skills that only Thai lawyers possess.
There are several incorporation options you need to learn before you start the process. The options include limited companies, the board of investment promotions (BOI), sole proprietorships, and partnerships.
This is the most popular registration of choice for non-Thai nationals who want to do business in the Kingdom. Shareholders in limited companies can only own a limited amount of unpaid shares they hold. The Thai law limits foreign ownership to 49% of all shares, while the remaining 51% need to be owned by Thais.
Board of Investment (BOI) Promotion
Board of Investment is the best choice for those who want to own 100% of their company. There are several categories for your company to be promoted by BOI. Applying for a BOI promotion is a challenging process, not to mention time-consuming. However, it might be worth it.
A sole proprietorship is a registered company that is owned by a person who also acts as the operator. A foreigner can do business as a sole proprietorship, but it can be hard f the company does not qualify.
There are three types of partnerships in Thailand, according to the Thai Civil and Commercial Code. These include limited partnerships, unregistered ordinary partnerships, and ordinary registered partnerships.
What are the process of company incorporation in Thailand?
Registering a company in Thailand may seem like a complicated process that takes a lot of time, but with our team of experienced lawyers, we can help make the process quicker and faster. Here’s a brief overview of the process to get you started.
Superb customer support and inventory that comes with a Fair price.
Good information about corpratete service, not sure if they will beable to help with my case but will give it a go anyways.
Really very happy with the advice customer service gave me. They make the process of setting up a company fast and easy for a reasonable price and very supportive
I was new to this. They smoothly guided me through all the process, very supportive team, any legal requirement in Thailand is never simple and going it your self will be a nightmare.
Very good lawyer service will be recommending this to who ever needs it.
Just inquired and got a call back very fast, i have already sent the related documents to get the project moving forwards, thanks the thaiger
Corporate Service We Offer
The Thaiger offers various corporate services to help with your investment in the Kingdom of Thailand, based on the incorporation option of your choice. The main corporate services we offer are company set up and registration for limited companies, Thai holding companies, Thai Majority Company, and BOI Application.
We offer a company registration service concerning the incorporation of a company limited. The service covers registration and/or amendments of company by-laws, change of company address, adding or removing directors, and change of share structure.
- Draft By-Laws
- Pre-incorporation and ongoing consultations
- Obtain incorporation documents and Company Registration Certificate
- Two company stamps/corporate seal
- Translation from Thai to English
- Draft a shareholder or board resolution to open a bank account.
Want to apply for the Board of Investment (BOI) promotion? We can help you. Our BOI application service is available for Thai and foreign investors who want their various business activities to be eligible for promotion under the Board of Investment.
- Initial assessment of the proposed business activity
- Prepare and submit BOI application, along with supporting document
- Review your project presentation with a BOI representative
- Accompany you to project presentation with BOI Committee
- Provide ongoing consultation.
Every foreign corporate entity registered under Thai law is required to apply for the Foreign Business Licence (FBL). We offer FBL service to help your foreign-owned company go through the steps, all the way from the application acceptance by the MOC to the approval of the application.
- Compile and gather required documents for the application.
- Prepare and submit the application with supporting documents.
- Obtain Foreign Business License (FBL).
If you are a US nationals or a corporate entity that establish your business presence through the US-Thai Treaty of Amity, we can assist and provide guidance for you.
- Prepare and draft application for registration under the Thai Ministry of Commerce.
- Submit an application to obtain Foreign Business Certificate from the Ministry of Commerce.
- Obtain certification of business from the US Embassy.
Enjoy the simpler process of company incorporation in Thailand.
I knew the process of setting up a company in Thailand is complicated and time-consuming. There is a lot to prepare and to learn. Thankfully, the Thaiger made the entire process easier and quicker! The team was professional and knowledgeable, and they would always answer my questions kindly. Really helped a lot with my investment.
Top tip: Have all of the required documents ready, learn the law, and respect the country. Then everything else will be easier.
Other Corporate Services the Thaiger Offers
The Thaiger’s extensive knowledge of Thai business law allows us to help you choose the best entity for your business. We will always provide the highest level of quality, with comprehensive support from our experienced team.
We understand how complex business laws are. Therefore, we are ready to help you navigate these laws with our experts to set up the right corporate structure and make sure that you comply. We have various corporate services for you.
1. Tax/ VAT registration
Setting up some businesses in Thailand may require Tax/VAT registration to the Department of Revenue. Your business will receive a Taxpayer Identification. The VAT process must also be registered in form of businesses. Get expert options from our professional consultant to entering markets for your best set-up control.
2. Accounting Services
It could be difficult to understand Thai tax and accounting laws, especially if you are unfamiliar with the Thai language, accounting services will support you through all the processes. Accounting Service to fulfil your demands and support you to the top of the competition in business with professional accountants.
3. Business Investment
Multinational companies may wish to establish a presence in Thailand but do not want to establish a separate legal entity, such as registering a Thai Limited Company. In this case, we can help you open a branch office, representative office, or regional office.
4. BOI Services
Get promotion in business investment in Thailand, which allows getting 100% ownership. Promoting foreign investment in Thailand. BOI providing information about investment processes and rewards to investors in order to raise Thailand’s economy as well. We can help you get this special business license and promotion from BOI.
Our Corporate Services will support your business to be successful in Thailand.
Recommended Insurance and Service for Your Business
Besides Corporate Services, we have a wide range of other services and insurance to support your investment and Business in Thailand.
Once you successfully set up your business in Thailand, it is important to protect it. Have peace of mind running your business and achieving your goals with business insurance.
Thailand Elite Visa
Get the Thai elite visa, which allows you to reside in Thailand for a long-term (5, 10, or 20 years), while also providing you with benefits. It suits investors and business people who would travel to Thailand multiple times a year.
Ensure your business has cash flow and all financial activities are supported. Whether your a sole trader or in a partnership, SME loans are available for you. Get more credit facilities in the form of a loan to drive your business. We’re here to support your business in Thailand.
Thaiger also offers other Legal & Corporate Services related
Thaiger will support you with the operation of essential relevant services for any of your proceedings and provision in Thailand. To provide assistance and advice on all legal and corporate concerns.
Whether you’re looking to invest, purchase, sell or rent, find out everything you need to know about buying and selling properties in Thailand with our professional teams.
There’s no need to be worried if you don’t understand Thai documents. We will provide you with a translation in your native language for your documents.
Get the most convenient and efficient currency exchange rates in any currency. Transfer your funds without charge and in complete security 24 hours a day despite where you are.
Ensure that you have legal support from expert international lawyers. Claim your rights and get advice or answers to any conflicts of law in Thailand.
Get the special legal service and learn more about rights, laws, and legal needs, with Thai and international teams of expert lawyers. Helping you to overcome the difference between languages and culture.
High-quality legal advice is priceless for any business. Whether you are starting a business in Thailand or dealing with specific situations, getting legal advice can reduce the risk of running into potential hazards. Ultimately, getting legal advice can help you reduce unnecessary costs that may result from a mistake.
With our legal advice, you can have the confidence to know that you are conducting your business securely since you have eliminated the chances of stumbling upon legal traps. Remember, legal issues can be crippling for you, both from a financial perspective and on a personal level.
Frequently Asked Questions about Corporate Services
One of the main conditions is that the majority of shares in a Thai company have to be owned by a Thai national, except if the project is part of a special Board of Investment (BOI) program. This condition means that foreigners can only own up to 49% of the shares, while Thai citizens should own the remaining 51%. However, the 49% limit can be exceeded or exempted for certain business activities if a Foreign Business License is granted. Foreign Business Licenses are generally granted to unique foreign-owned businesses that do not compete with Thai companies.
One of the benefits is that a Thai majority company can purchase land. This means that, as a foreign investor, you can buy property in Thailand.
A Thai majority company also requires less capital and paperwork to set up and maintain compared to a registered foreign company.
The minimum capital requirement for a Thai majority shareholder company (limited) is 2 million Baht, and a government set up fee of around 7,00 Baht. If your business needs to obtain a Foreign Business License, the minimum capital requirement would be 2 million Baht for each business activity.
The requirement is reduced to 1 million Baht if you have a Thai spouse.
Yes, it is possible. It is simply not true that foreigners cannot own 100% of a Thai company. There are three ways that this can be done, including obtaining a Foreign Busines License, Board of Investment (BOI) Promotion, and registration through the Treaty of Amity (for US citizens).
You would need a non-immigrant ‘B’ (business visa) to enter Thailand to do business. With this visa, you are eligible to conduct business activities in the country, including prospecting to set up a company.
As long as you complete all the necessary documentation and know the legal procedures and the government agencies responsible for handling company registrations, the incorporation of companies in Thailand is very simple and straightforward. It may be difficult for foreigners to deal with the legalities, especially with the differences in culture, so it is best for foreign nationals to partner with a local professional company with English-speaking Thai employees who know the ins and outs of the business incorporation of Thailand.
Locals and foreigners are allowed to build their own enterprises in Thailand. More and more entrepreneurs are motivated to establish a business in the Land of Smiles because of the abundance of local talent, adequate infrastructure, enticing incentives and strong support from the government. Starting a business in Thailand is very simple, but it requires learning in great detail the laws and regulations regulating the incorporation of businesses to avoid being penalized for mistake or omission.
In most types of businesses in Thailand, a minimum of three shareholders is required in most type of business entity in Thailand which is composed of either Thai nationals or foreigners.
The method depends on the type of company that you are going to file as a business. It usually takes three to six months for a BOI company or Foreign Business License (FBL) to file. The fastest way to register a company in Thailand is to apply as a Thai limited company that usually takes three working days, provided the company is founded with Thai nationals with the majority of its shareholders being also Thai.
An enterprise whose owner is a single entity and the sole partnership or sole proprietor may or may not be licensed. The company owner is entitled to an exemption under the Commercial Registration Act 1956 and may apply for commercial registration within 30 days of the date of the commercialization of the business.
Inquire Now to Recieve your Corporate Services Quotes