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:

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.

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International business, end to end

Corporate structuring, company registration in Ukraine and abroad, tax and reporting, migration, bank accounts, DUNS and NCAGE codes. We run the whole project, from choosing the solution to the finished documents.

Confidentiality under contract

Confidentiality terms are set out in our contract. We do not pass information about a client or their project to third parties, except where the law expressly requires it.

Choosing a jurisdiction

We compare jurisdictions against your business task: tax regime, reporting, substance requirements and access to banking. On the call we go through the upsides and the limits of each option.

Timelines and data

We name the timeline for every step before the work starts — it depends on the jurisdiction, the registrar and the bank. Personal data is used only to deliver the service.

We deal with authorities and banks

We handle the correspondence with registrars, government bodies and banks and answer their requests ourselves. From you we need documents and signatures.

We see every case through

We take each case to the finish: if an authority or registrar comes back with remarks, we revise the documents at no extra charge. The fee is calculated for your task before work starts.

Company registration in Thailand