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Company Registration in Thailand for Foreigners: A Complete Guide
Thailand has become one of the most attractive countries in Southeast Asia for foreign entrepreneurs looking to start a profitable business. With its supportive government policies, low startup costs, and simplified registration process, Thailand continues to draw thousands of investors every year.
In recent years, the Thai government has taken significant steps to encourage foreign investment, making it easier than ever for non-citizens to open a company. From tech startups to hospitality ventures, the business landscape in Thailand is booming.
If you’re a foreign national considering company registration in Thailand, you’re in the right place. At J&E Concierge, we specialize in assisting international clients with setting up their businesses legally, efficiently, and with full compliance with Thai laws.
In this guide, we’ll walk you through everything you need to know about starting a business in Thailand as a foreigner – from legal requirements to practical steps.
Steps to Start a Business in Thailand as a Foreigner
Starting a business in Thailand as a foreigner involves understanding local regulations, preparing the required documentation, and navigating the legal system. While the process may seem complex at first, with the right guidance, it can be straightforward—even easier than in your home country.
At J&E Concierge, we have years of experience helping foreign nationals establish businesses in Thailand. From initial planning to legal registration, we offer complete support tailored to your needs.
Our team of corporate consultants ensures compliance with Thai law, handles all necessary paperwork, and communicates directly with local authorities—so you don’t have to. We simplify the process, minimize costs, and help you start your business quickly and efficiently.
Business Entity Types Available for Foreigners in Thailand
When considering company registration in Thailand as a foreigner, it’s essential to understand the types of legal entities available. The Thai government allows several business structures, each with different levels of liability, complexity, and ownership requirements.
🔹 1. Partnership
A partnership in Thailand is similar to the Western concept and is commonly chosen by small business owners. There are three main types:
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Unregistered Ordinary Partnership
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Registered Ordinary Partnership
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Limited Partnership
Each type offers varying degrees of liability and legal recognition, with limited partnerships providing more structure and protection.
🔹 2. Limited Company
The most popular option for foreign investors is the Limited Company, especially the private limited company. It requires a minimum of three shareholders and offers limited liability to its members.
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Private Limited Company – governed by the Thai Civil and Commercial Code.
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Public Limited Company – regulated by the Public Company Act, typically for larger ventures.
Limited companies resemble Western-style corporations and offer the most flexibility and protection, making them ideal for most foreign-owned businesses.
🔹 3. Other Business Structures
Foreign investors may also consider other legal entities, depending on their business goals:
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Branch Office of a Foreign Company
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Representative Office
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Regional Office
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Foundation (Non-profit)
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Joint Venture – an agreement between parties to operate a business together. Note: this is not a separate legal entity under Thai law.
Understanding the right business structure is the first critical step in the process. Let’s explore the next stage: what you need to do to register your business legally in Thailand.
Step 1: Register Your Company Name with the Department of Business Development (DBD)
You can register your company name either online (if you’re abroad) or in person at a Department of Business Development (DBD) office in Thailand.
When choosing a company name, follow these key rules:
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The name must be original and not identical or similar to any existing Thai company.
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It must end with the word “Limited”.
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Prohibited terms (e.g. “Investment”, “Finance”, or royal terms) are not allowed. Check the full list on the Ministry of Commerce website before submitting.
✅ Tip: Submit at least three name options to increase your chances of quick approval.
Once approved, the company name is reserved for 30 calendar days. Note: this period cannot be extended, so make sure to complete your registration within that time.
Step 2: Submit the Memorandum of Association (MOA) to the DBD
Before submitting the Memorandum of Association (MOA), you must decide on the legal structure of your business. The most recommended form for foreigners is the Private Limited Company, due to its flexibility and alignment with Western corporate models.
In Thailand, a company must have at least three promoters (founders), and for most business types, at least one Thai national must be involved. This requirement ensures local compliance and is a key part of the registration process.
The MOA is a legal document that outlines the company’s basic structure and intent. It must include the following information:
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Company Name
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Registered Address
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Business Objectives
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Declaration of Limited Liability for shareholders
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Registered Capital and share structure
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Full Personal Details of Promoters (must be individuals, not legal entities)
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Number of Shares Subscribed by Each Promoter
Once completed, the MOA must be signed by all promoters and submitted to the Department of Business Development (DBD). This step legally defines the company and is essential for moving forward with the registration process.
Step 3: Hold the Statutory Meeting Before Company Registration
The Statutory Meeting can be held immediately after the Memorandum of Association (MOA) is registered. This meeting is mandatory before officially registering the company and is attended by all company promoters.
During this meeting, the following key decisions must be made:
✅ Adoption of the Company’s Articles of Association (internal rules and governance structure)
✅ Approval of Promoters’ Compensation, if any
✅ Determination of Share Distribution – the total number of shares and their allocation
✅ Appointment of Directors and Auditors, and the definition of their authority and responsibilities
For the meeting resolutions to be valid, they must be approved by the majority of the promoters present. These decisions will form the legal and operational foundation of your company in Thailand.
Step 4: Officially Register the Company with the Department of Business Development
Once the Statutory Meeting has been held, you may proceed to officially register your company with the Department of Business Development (DBD). In some cases, registration can take place on the same day as the submission of the Memorandum of Association (MOA), provided all prior steps have been completed.
⚠️ Important: The company must be registered no later than three months from the date of the Statutory Meeting.
Required documents for company registration:
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✅ Details of Share Structure – including the total number of shares
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✅ Proof of Payment – showing capital contributed per share
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✅ Director Identification – full personal information and copies of ID/passports
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✅ Registered Office Documents – proof of the company’s legal address in Thailand
Read more: Business Operating License in Thailand
Step 5: Register for Corporate Income Tax and VAT with the Thai Revenue Department
After your company is officially registered in Thailand, you are required to obtain a corporate tax ID from the Thai Revenue Department within 60 days of the registration date (or the date business activities begin).
VAT Registration:
If your company’s annual revenue exceeds 1.8 million THB, you are legally required to register for Value Added Tax (VAT).
VAT applies to most goods and services in Thailand, but certain industries are exempt from VAT and fall under a different regime.
⚠️ Industries subject to Specific Business Tax (SBT) instead of VAT:
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Banking services
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Financial and investment services
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Life insurance
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Sale of securities
Make sure to assess your company’s business model to determine whether you must register for VAT or SBT, as this affects your ongoing tax obligations.
Read more: Guide to VAT registration in Thailand
Step 6: Register for Social Security Contributions with the Social Security Office (SSO)
If your company employs one or more employees, you are legally required to register for Social Security with the Social Security Office (SSO) within 30 days of hiring your first employee.
This applies to both Thai and foreign employees working under your company. Failing to register within the required timeframe may result in fines or legal penalties, as per Thai labor law.
Monthly Employer Obligations:
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Contribute 5% of each employee’s monthly salary to the SSO.
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Submit payments and relevant documentation on time, every month.
Registering for Social Security not only ensures legal compliance, but also provides your employees access to medical coverage, unemployment benefits, and other welfare programs in Thailand.
Why Choose J&E Concierge Pattaya for Company Formation in Thailand
Why Choose J&E Concierge Pattaya for Company Formation in Thailand
At J&E Concierge Pattaya, we specialize in helping foreign entrepreneurs establish their businesses in Thailand smoothly, legally, and with full confidence. Whether you’re starting a small company or launching a major venture, our expert team will guide you through every step—from choosing the right business structure to completing the full registration process.
With years of experience and deep knowledge of Thai business laws, we act as your local liaison, handling all paperwork, legal requirements, and communication with Thai authorities. We operate in Pattaya and nationwide, ensuring reliable service wherever you choose to set up.
✅ Why clients trust us:
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Personalized business setup consulting
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Fluent English-speaking Thai experts
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Transparent pricing with no hidden fees
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1000+ successful company registrations for foreign nationals
Ready to start your business in Thailand the right way?
👉 Contact J&E Concierge Pattaya today for a free consultation and discover how we can make your company formation process fast, safe, and fully compliant.
Read more useful articles:
Open a small business in Pattaya, Thailand
Is someone whos already set up their company reveal how much it costed them?
We successfully completed the registration process of a company many times, so please feel free to get in touch with us as soon as you can
Is there a minimum investment amount and number of employees required? I am thinking to partner with my fiancee to start a small learning center to teach English and primary education.
Hello there, we invite you to get in touch with us and we are gonna provide you any information you need. Thank you
I am interested to start a business in Thailand (purchasing a running guest-house / hotel). Could anyone please tell me as what are the requirements for starting the same business in Thailand, is that necessary to register a company before operating a guest house or is there any other legal way to run it without forming a company (have heard that’s complicated to form a company)
Hello there, we invite you to get in touch with us and we will answer to all your questions
What is the corporate tax rate in Thailand? Is it easy to recruit?
Hello there, please feel free to contact us and we will help you understand everything you need. Thank you
Are foreign investors welcome in Thailand? Is it complicated to register a company in Thailand? What is the procedure?
Hello there, we invite you to get in touch with us and we are gonna provide you any information you need. Thank you