Holding Company in Thailand
A holding company is a Thai corporation that owns outstanding stock in other companies. This word refers to a firm that does not produce services or goods on its own but instead seeks to acquire shares in other companies to form a corporate group. Holding companies reduce the risk for their owners and may allow for the control and ownership of many different enterprises.
Setup a Holding Company
Our company registration services include:
- Consultation about company registration,
- Legal advice,
- Preparation of documents.
Holding company formation procedure
The promoters of a company are responsible for registering it with the Ministry of Commerce (MOC). The promoters must be individuals (not legal entities) who are at least 20 years old and willing to sign documents throughout the registration process. A private limited corporation must have at least three promoters, while a public limited company must have at least fifteen.
At the time of the company’s registration, each of the promoters must own a minimum of one share. They are, however, generally free to sell those shares to existing shareholders or third parties if they so desire.
Requirements to form a Holding company
The holding company must own more than 50% of the primary company. After the listing, the silence period lasts for a year. After the IPO, those who fit the criteria for strategic shareholders are prohibited from selling shares worth 55 percent or more of the company’s paid-up capital.
Necessary documents
List of documents and details:
- Name of the business,
- A summary of the company’s operations,
- Copy of director’s and shareholders’ passports/ID cards, signed,
- Copy and sign promoter’s passport/ID,
- Copy of two witnesses’ passports/ID cards, both signed,
- Evidence from the workplace.
We prepare these documents.
Form a Holding company in Thailand
We are a professional firm that is guided by our client’s business objectives. We will listen to your demands, solve your problems, and become your preferred partner.
Other legal forms in Thailand
Investors who want to start a business in Thailand can do so under one of the following legal entities:
- Private Company Limited by Shares – founded by at least three shareholders;
- Public Limited Company – managed by at least two people;
- Holding Company,
- Branch Office.