Company Set-Up

Setting up a company in Thailand requires navigating regulatory requirements, documentation, and foreign ownership rules. At Kreston Thailand, we provide end-to-end Company Establishment Services to help foreign and local investors set-up compliant, efficient business entities.

We simplify the process by managing legal filings, statutory documents, and registrations—so you can focus on building your operations.

Kreston Thailand specializes in guiding investors through the registration process, ensuring all steps are completed accurately and smoothly. By partnering with experts, you can avoid common pitfalls and successfully establish your business in Thailand. This guide will outline the essential steps for registering a private limited company, providing key insights for a hassle-free setup.

• Advising on the most suitable legal entity for your goals.
• Drafting Articles of Association and statutory documents
• Reserving the company name and preparing shareholder resolutions
• Registering the company with the Department of Business Development (DBD)
• Applying for tax identification number and VAT registration
• Advising on shareholding structures to comply with Thailand’s Foreign Business Act
• Supporting the opening of corporate bank accounts

We work closely with you to structure the company appropriately, meeting ownership and licensing restrictions while aligning with your operational plans.

Step 1: Business Planning & Structure Selection

Before registration, you must decide:

• Business type
• Shareholding structure
• Registered capital amount
• Article of Association
• Fiscal period
• Business activities (some require licenses)

Step 2: Company Name Reservation

Requirements:

• Submit 3 proposed names (in order)
• Name must not duplicate existing companies
• Valid for 30 days

Step 3: Define Company Details

Prepare key information:

• Registered address in Thailand
• Business objectives
• Directors’ details and signing authority
• Shareholders (minimum 2 persons)
• Registered capital

Step 4: Prepare the Memorandum of Association (MOA)

The MOA must include:

• Company name
• Address
• Business objectives
• Registered capital
• Share structure
• Names of promoters/shareholders (minimum 2)

The MOA must be filed with the DBD.

Step 5: Statutory Meeting (Company Incorporation Meeting)

After MOA registration, shareholders must hold a statutory meeting to approve:

• Company formation
• Appointment of directors
• Appointment of auditor
• Articles of Association (if any)
• Share capital payment

Step 6: Company Registration (Incorporation)

Once approved, the company receives:

• Company affidavit
• Certificate of incorporation

Setting up a company in Thailand is generally a straightforward and well-defined process. However, ensuring that the company is established with the correct structure, properly drafted legal documentation (such as the Articles of Association), and aligned with the investor’s long-term business objectives requires professional expertise.