Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard.
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard.
Thai Limited Company
The Thai Limited Company is the most popular and versatile business structure in Thailand, commonly chosen by both local and foreign entrepreneurs. This structure is similar to a private limited company in other jurisdictions and offers the following features:
Limited Liability: Shareholders’ liability is limited to the amount of capital they have invested in the company.
Minimum Shareholders: Requires at least three shareholders, who can be either individuals or corporate entities. 51% have to be owned by Thai citizens.
Representative Office
A Representative Office is ideal for foreign companies looking to establish a non-trading office in Thailand to oversee business activities such as marketing, research, and quality control. Key characteristics include:
Non-Revenue Generating: This structure cannot engage in commercial activities or generate income in Thailand
Limited Scope of Activities: Permitted activities include market research, sourcing goods or services, and coordinating with the parent company
No Corporate Tax Liability: Since the Representative Office does not earn revenue, it is not subject to corporate income tax in Thailand
Thai Limited Company
The Thai Limited Company is the most popular and versatile business structure in Thailand, commonly chosen by both local and foreign entrepreneurs. This structure is similar to a private limited company in other jurisdictions and offers the following features:
Limited Liability: Shareholders’ liability is limited to the amount of capital they have invested in the company.
Minimum Shareholders: Requires at least three shareholders, who can be either individuals or corporate entities. 51% have to be owned by Thai citizens.
Representative Office
A Representative Office is ideal for foreign companies looking to establish a non-trading office in Thailand to oversee business activities such as marketing, research, and quality control. Key characteristics include:
Non-Revenue Generating: This structure cannot engage in commercial activities or generate income in Thailand
Limited Scope of Activities: Permitted activities include market research, sourcing goods or services, and coordinating with the parent company
No Corporate Tax Liability: Since the Representative Office does not earn revenue, it is not subject to corporate income tax in Thailand
Starting a business in Thailand can feel complicated, but with the right legal team by your side, the process becomes clear and stress free. At BASE Law Firm, we provide complete guidance and support for company registration, ensuring everything is handled smoothly and professionally so you can stay focused on building your business.
Company registration in Thailand involves many details, and having experienced legal experts makes all the difference. Get in touch with BASE Law Firm today to schedule a consultation and let us help you move forward with confidence in setting up your company.