Company registration in Thailand

Many people try to expand their business opportunities by opening it outside the country. Experts recommend that you definitely consider Thailand. With a competent approach to planning future activities, it is possible to realize your plans in full in this country. The reason for this is that this country has an actively developed economy and tangible support for small and medium-sized businesses. If you are interested in registering a company in Thailand, please contact our specialists. They will help you do everything quickly and efficiently.

Company registration in Thailand: the benefits of the procedure

Deciding to open a company in Thailand, each person receives many different benefits:

• Possibility of 100% foreign ownership;
• Strategic location of the country;
• Full control of the company without involving local partners;
• Easy obtaining of resident visas for employees;
• Access to the country's developed infrastructure;
• Support for innovation and new technologies.

Open a company in Thailand and choose the form of ownership

Before registering a company in Thailand, you need to choose the legal form of the institution. In this regard, there is a choice of:

• Limited Liability Company;
• Joint Stock Company;
• Partnership;
• Branch/Representative Office.

Each of the legal forms has its own characteristics. They are worth studying before opening a company in Thailand. If necessary, consult with specialists.

Open a company in Thailand: studying the taxation system

The country has a classical taxation system, which is carried out in accordance with the Tax Act, which regulates 3 main categories of taxes: corporate income tax, value added tax (VAT) and personal income tax.

If you are interested in setting up a company in Thailand, be sure to familiarize yourself with the types of taxes. There are several of them:

1. On corporate income. The income of a legal entity engaged in business registered in the country is subject to taxation. The rate is 15-20%. It all depends on the size of the company and the amount of profit. It is paid not only by legal entities but also by individuals. The VAT rate is 7%. This tax is calculated on a special scale from 0% to 35%. The country has a tax on the ownership and rental of a building. It is charged on dividends, interest, royalties, bonuses. To do this, you need to enter the country on a type B visa, i.e. own a company or officially get a job. And, of course, invest in any of the following ways:
   • transfer 10 million baht to a savings account in a state bank;
   • buy from a Thai developer in a new condominium for 3 million baht and above;
   • invest 10 million in government bonds.

   Professional opening a company in Thailand: benefits

   If you decide to register a business in Thailand with the help of our specialists, you are guaranteed to receive:

   • Operational execution of the order;
   • Individual solution;
   • Professional approach;
   • Quality guarantees.

   Trust the professionals.