Set Up a Company Limited in Thailand

Company Limited Set Up in Thailand | ACCOUNTINFIRM

Company Limited Set Up in Thailand

End-to-end incorporation handled by experts—name reservation, MOA, DBD filing, Tax/VAT, Social Security, and a smooth handover to monthly operations.

✓ 2–4 weeks typical timeline ✓ Transparent, itemized fees ✓ Thai & Foreign shareholders

Company Limited (Co., Ltd.) is Thailand’s most practical structure for trading, services, manufacturing, and technology ventures. It provides limited liability, a clear governance framework, and credibility with banks, suppliers, and authorities. ACCOUNTINFIRM manages the entire journey—from feasibility and structure planning to incorporation and operational setup—so you can focus on growth.

Why choose a Company Limited?

  • Limited liability for shareholders.
  • Professional image recognized by partners and authorities.
  • Flexible shareholding (Thai or foreign, subject to Thai laws).
  • Scales well and eligible to pursue BOI or special licenses later.
  • Bank-friendly for accounts, loans, and payment gateways.

Who is it ideal for?

Local founders, ASEAN/Global companies launching a Thai presence, and startups building for regional expansion. Suitable for trading, service, SaaS, e-commerce, and manufacturing operations.

Heads-up: Certain foreign-owned activities may require special permissions (e.g., BOI promotion or a Foreign Business License). We’ll advise the fit before you file.

Key requirements

  • Shareholders: Minimum 2 (individuals or companies).
  • Directors: At least 1 (Thai or foreign).
  • Registered capital: Flexible; THB 1–2M common to support work permits.
  • Company name: Must be unique and approved by the DBD.
  • Registered address in Thailand: For official correspondence.

Core registrations after incorporation

  • Tax ID (within 60 days).
  • VAT (PP20) if revenue > THB 1.8M/year or required by business model.
  • Social Security (within 30 days of hiring employees).

Step-by-step process

  1. Name Reservation – Submit up to 3 names; approval valid for 30 days.
  2. Memorandum of Association (MOA) – State name, address, objectives, capital, shareholders (≥25% subscribed).
  3. Statutory Meeting – Approve Articles, appoint directors & auditor, confirm share structure.
  4. DBD Registration – File incorporation forms and pay fees.
  5. Tax & VAT – Obtain Tax ID; register VAT where applicable.
  6. Social Security – Employer/employee registration post-hiring.

Timeline & fees

Estimated durations vary with documentation quality and approvals.
PhaseTypical DurationWhat’s Included
Name Reservation 1–3 business days DBD name check & reservation
MOA & Statutory Meeting 3–5 business days MOA draft, Articles, appointments, share calls
DBD Registration 3–7 business days Filing, fees, company number
Tax / VAT / SSO 3–7 business days Tax ID, VAT (PP20) where applicable, Social Security

Government Fees

Approx. THB 7,000–15,000 depending on capital (DBD scales by registered capital).

Professional Fees

Flat, itemised quotation with no hidden charges. Engagement letter provided.

Optional Add-ons

Company seal, bank account assistance, e-filing setup, payroll, bookkeeping.

Post-registration obligations

  • Monthly filings – VAT (if applicable), Withholding Tax, Social Security.
  • Accounting – Accurate bookkeeping and monthly closings.
  • Annual audit – CPA-certified financial statements filed with DBD.
  • AGM – Hold the Annual General Meeting and approve the financials.

We keep you on track

We implement a simple calendar of due dates, e-filing, and document workflows so nothing gets missed. You receive monthly management updates and year-end guidance—clear, timely, and action-oriented.

Documents checklist

From shareholders / directors

  • Passport/Thai ID & house registration (Thai nationals)
  • Shareholding ratios & contact details
  • Director structure & signing authority

For the company

  • 3 preferred company names
  • Registered office address & lease consent
  • Business objectives (we’ll optimise the list)
  • Registered capital & share allocation

Why register with ACCOUNTINFIRM

  • Expert navigation across DBD, Revenue, and Social Security workflows.
  • One-stop setup → accounting, VAT/WHT, payroll, and year-end audit coordination.
  • Clear pricing with itemised professional vs. government fees.
  • Foreign-owned friendly guidance on licenses/BOI when needed.

What you can expect

Responsive communication, bilingual documentation where needed, and a proactive team that keeps your Thai entity in good standing from day one.

Frequently Asked Questions

How long does it take to register a Company Limited?

Most incorporations are completed in 2–4 weeks, depending on name approval, document readiness, and appointment schedules.

Is there a minimum capital requirement?

There’s no strict legal minimum, but THB 1–2 million is commonly used to support work permits and establish credibility with banks and partners.

Do foreign owners need special permissions?

Some foreign-owned activities may require BOI promotion or a Foreign Business License. We assess your model and advise the best route before filing.

What are the ongoing obligations after registration?

Monthly VAT/WHT/SSO (as applicable), proper bookkeeping, annual audit with CPA, and holding the AGM. We handle the calendar and filings for you.

Can you also set up payroll and accounting systems?

Yes. We provide payroll onboarding, e-filing, chart of accounts, monthly closes, and management reports—everything ready for operations.

Start your Thailand incorporation

Get a tailored plan and a clear, itemised quotation in 24 hours.

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