Company registration in Thailand
Register your company in Thailand fast & affordably.
growup simplifies company registration in Thailand for established foreign businesses and entrepreneurs. Through our complete registration services, you can set up your Thai business from a single convenient location in as little as seven days.
Growup is recognised and recommended by both local & international authorities
Offical partner of
Fast processing times
We work hard at getting your business up and running. Most new companies can be set up in 7 business days.
Transparent pricing
Get a clear picture of your costs before you start with our upfront and affordable pricing. There are no hidden fees waiting for you around the corner.
Flexible solutions
With our customisable services, we are able to help you find tailored a legal solution built around your specific business objectives and needs.
Complete one-stop solution
All the services you need to successfully start and run your Thai business.
With our comprehensive business, accounting, legal, and immigration services all in one place, we seamlessly guide you through complex regulatory requirements. We help you avoid common pitfalls while finding the flexible solution that best fits your needs.
Essential services.
Foreign entrepreneurs and established companies face the following regulatory requirements when setting up a company in Thailand:
Business address
Use our company's address as your virtual or registered address to satisfy the legal requirements for setting up a company in Thailand.
Director(s)
Every Thai company needs to have at least one director (Thai or foreign depending on business activity). Our team can will advise you on the role and outline the requirements to make sure you make this appointment appropriately.
Shareholders
Two (or more) shareholders are required for each company. Our team will advise on helping you to achieve the shareholding structure you desire and suggest approaches to realise the desired ownership.
Registered capital
Capital requirements vary among different business structures. However, companies employing a foreign staff or directors who reside in Thailand and need a work permit must have 2M THB in registered capital per such employee.
Corporate bank account
A registered Thai company is eligible to apply for a corporate savings, checking and/or foreign currency account with online banking.
Tax & VAT registration
Each business is automatically registered for tax purposes. Those employing foreign staff/director or with turnover higher than 1.8M THB per year need to also register for VAT.
Social fund registration
Registering all employees (Thai or foreign) at the Social Security Office. This is mandatory for all full-time employees and it grants them access to the social security benefits.
Business licenses
Operating in certain industries requires obtaining a business licence. We can help you identify the requirements for your business and secure all relevant licences.
Foreign business license
We can help you acquire a foreign business license – a mandatory license allowing majority-foreign owned businesses to operate in Thailand.
Additional services & obligations.
Accounting & audit
We provide a wide range of monthly and annual services that are mandated by the Revenue Department.
Corporate compliance
Registering changes in your company, such as change in name, capital, shareholders, address and more.
Intellectual property
Protect your company’s assets and mark with trademarks, patents and copyright.
Domain registration (co.th)
Registration of co.th domain for your business (this extension is only available to Thai-registered businesses).
BOI application
If your business activity falls within the scope of promoted industries, we can help you assess your eligibility, apply for and obtain the BOI promotion.
Business structures in Thailand
Select the perfect structure for your business.
Representative office.
Ideal for foreign companies seeking to study Thai market for business development purposes.
- Non-trading entity
- Foreign ownership ≤ 100%
- 3M+ THB required capital
- Restricted to 5 activities
- No shareholders required
Setup time
Request a quoteLearn moreMOST POPULAR
Limited company.
Ideal for most businesses. Takes the shortest time to register and isn't restricted in activities.
- Trading entity
- Foreign ownership ≤ 100%
- 2M+ THB required capital*
- Unrestricted in activities**
- 2 shareholders required
Setup time
Request a quoteLearn moreBranch office.
Ideal for established companies wishing to expand their foreign head office to Thailand.
- Trading entity
- Foreign ownership ≤ 100%
- 3M+ THB required capital
- Activities limited by FBA
- No shareholders required
Setup time
Request a quoteLearn more*If the limited company employs foreign staff or directors, it needs to have 2M THB in registered capital per foreign employee and be also registered for VAT. A majority Thai-owned limited company with no foreign staff or directors doesn‘t have any capital requirements.
**Provided the limited company has majority Thai ownership. If the foreign ownerships exceeds 50%, the business needs to apply for a foreign business license and starts facing FBA restrictions on its activities.
Not sure about how to get started?
Get a free 30-minute consultation on starting your company in Thailand.
We can advise you on anything from the optimal business structure, capital investment, full foreign ownership to shareholder requirements and more.
Nannie, growup business services manager
Schedule a discovery call100% foreign business ownership options
Gain full control of your company as a foreigner in Thailand.
Foreigners can own 100% of a Thai company by either engaging in unrestricted business activities or utilising specific structures and state incentives.
BOI promotionPOPULAR
A limited company operating in an industry promoted by The Board of Investment. Besides full ownership, such a company can enjoy the benefit from tax and non-tax incentives and other concessions.
US Treaty of Amity
US citizens can exercise 100% foreign ownership of a company in Thailand by utilising the bilateral Treaty of Amity agreement between the USA and Thailand.
Majority foreign-owned limited company
A limited company can gain full foreign ownership by making an application for a foreign business license. The activities of such company are however limited by the restrictions of the Foreign Business Act.
Representative, branch and regional offices
Other corporate registrations for foreign-registered companies are possible with each carrying specific restrictions on operations and profit/revenue generations.
Export company
A limited company with the sole objective to export tangible products or materials outside of Thailand.
Manufacturing company
A limited company with the sole objective to manufacture goods and sell them outside of Thailand.
Simple steps
How company registration in Thailand works.
Step 1
Reserve a company name
The company registration process starts with reserving your company name with the Department of Business Development (DBD).
Step 2
Prepare, sign & file documents
We will collect essential information about your new company, prepare the paperwork, collect your signature and submit the documents to the DBD.
Step 3
Company registration
The processing time will depend on the specifics of your business. Once completed, you will receive the registration documents along with a company/tax ID.
Step 4
Open a company bank account
Simply tell us what bank and branch, what type of account you require, and who will sign.
Step 5
VAT registration
The need to register for VAT arises from employing foreigners and exceeding a yearly revenue of 1.8M THB. We will need documents from the owner of your business premises and a copy of the lease agreement.
Step 6
Social fund registration
Your employees (both Thai and foreign) need to be registered with SSF. We will need copies of their ID cards, photos at their workplace, salary and position details. This is required for the visa extension (step 9).
Step 7
Visa application
We can help secure relevant visa for a foreign director and staff so that they can stay and work legally in Thailand.
Step 8
Work permit application
We will need your photos, medical certificate (from a Thai doctor), copies of your education certificates, and details of your salary and position.
Step 9
Visa extension
Your initial visa was for 90 days, but following your work permit application, this can be now extended. This requires various documents from your company, including the details of the VAT and SSF registration.
growup benefits
Why businesses choose to register their company with Growup.
Fast & clear communication
Talk to our responsive team without losing anything in translation. We speak fluent English and make sure you are always up to date with the process and you are getting all the answers you need.
Experienced lawyers
Our legal and consulting Thai staff are fully licensed and have over 15 years of experience in company registration and all facets of Thai business and commercial law for foreigners.
High international standards
We continually help our clients navigate the most complex aspects of starting a business in Thailand while constantly improving the quality of our service and setting the industry benchmark.
Ready to get started?
Join the hundreds of foreign businesses and entrepreneurs who have already set up their companies in Thailand.
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