Legal entity types in Thailand compared
We are experts in helping entrepreneurs such as yourself navigate the complexities of Thailand’s business structures. Our range of services guarantees that you can select the most suitable structure for your business while meeting all legal obligations. Let’s examine the different types of business structures that are available and discuss how we can assist you in establishing your presence in this thriving Asian country.
Legal entities in Thailand
Below is a summary of the most commonly used legal structures in Thailand:
Entity | Local name | Min. share capital | Management | Incorporation time (approx.) |
---|---|---|---|---|
Private Company Limited by Shares | บริษัท จำกัด | 5 THB ($ 0.15) | Directors | 10 days |
Public Limited Company | บริษัท มหาชนจำกัด | Not specified | Board of directors | 15 days |
Branch Office | – | – | Branch manager | 15 days |
Holding Company | – | – | Board of directors | 10 days |
Private Company Limited by Shares (บริษัท จำกัด)
Private Companies Limited by Shares are a common option for businesses in Thailand. With limited liability protection for owners and a flexible structure, they offer a convenient choice for entrepreneurs. We are here to help you with establishing your Private Company Limited by Shares in Thailand.
Public Limited Company (บริษัท มหาชนจำกัด)
Public Limited Companies are frequently selected for larger businesses in Thailand. They provide significant benefits such as the ability to raise capital through public offerings and flexibility in share transfers. We are available to help with the registration procedure for your Public Limited Company in Thailand.
Branch Office
A branch office serves as a continuation of the main company, enabling it to operate in a new area while keeping its initial legal status. Setting up a branch office in Thailand can prove beneficial for businesses aiming to grow in the country without forming a distinct legal entity. By functioning as a branch, the main company can benefit from its current brand image and assets while entering new markets. We provide thorough assistance in navigating the complexities of establishing and running a branch office in Thailand, guaranteeing a seamless and lawful entry into the market.
Holding Company
A holding company is frequently used as a strategic tool to oversee other companies by owning their shares. Setting up a holding company in Thailand can provide advantages like centralized management, risk spread, and tax benefits. By organizing your business as a holding company, you can effectively oversee multiple subsidiaries, simplify decision-making processes, and improve tax planning tactics. Our team of specialists offers personalized support to help you set up and run a holding company in Thailand, ensuring adherence to regulations and maximizing your corporate structure’s effectiveness.
Requirements for starting the business
We will examine the necessary criteria for establishing any kind of business entity in Thailand, and explain how our committed team can assist you throughout the entire process.
Minimum share capital
Different business structures in Thailand have specific minimum share capital requirements. Regardless of the type of company, our experts will help you determine the necessary minimum share capital for setting up your business. We will collaborate closely with you to make sure that you are following the rules while also maximizing your financial resources.
Directors and shareholders
In Thailand, it is necessary for every business organization to appoint directors and shareholders. Our experts provide valuable guidance in selecting appropriate directors to ensure that the company benefits from their expertise and aligns with your future goals.
Legal duties and obedience
It is essential to stay up to date on obligations, including registration, reporting, and tax requirements, from the relevant authorities. Our legal team manages administrative tasks to ensure full compliance with regulations, enabling you to concentrate on your core activities as we handle the paperwork.
Book a consultation
The team will thoroughly grasp your objectives, sector, and obstacles in order to offer tailored assistance during the business creation process. We ensure a smooth and trouble-free path to establishing a successful company in Thailand with our expertise and commitment to excellent service. Don’t let the challenges of starting a business in Thailand stand in the way of your success. Trust us to help your company reach its full potential. To start your path to success, contact us today. Fill out and submit the inquiry form below, and our experts will reach out to you.