Setting up a new company
Being a country with a fairly economical and still blooming, Thailand offers you many ways and opportunities to make money and not to work as an employee.
I know that for many of us this is a strong dream and also a desire, but if you already think about the idea of having your own business, do not hesitate and try to make a reality of what you really want.
A company formation first requires a good business idea, a well-established business plan and last but not least, understand, self-control and patience.
When it’s maybe for the first time you start such activity and your business is new, the business plan will guide you to the best, and help you improve where you think it will be necessary.
The company registration process that you need to know in advance requires a lot of paper and documents that you need to prepare.
Complete the form to enquire about Registering a Thai Company in Pattaya
You need to know that there are many types of business structures in this country, just decide which of the following fits you better.
1. Thai Limited Company- is the most popular among foreigners, being made up of one share capital divided into equal shares, the shareholders having limited liability to the shares held by them and the unpaid payment amounts.
2. The second one is Partnerships
3. And last but not least is Branch Office-allowing you to operate your existing company in Thailand as a Branch Office.
When you start the company formation process, you have to choose a name, and it would advisable to book at least 3, to increase your chances of success, but remember that the name will be recorded in Thai.
Consider the option of choosing an easy name for your future clients who will be English speakers.
The agreements concluded by the company’s founders called Memorandum of Association, must be deposited when you have already chosen the name of your company, copies, and originals being signed by promoters and then certified by two witnesses.
The company formation in Thailand requires information about your business, such as the number of employees and more.
Also consider that there are certain requirements for the promoters of the company, and the whole process of company formation takes about 3 and 6 months.
There is also few information you may need to know, such as, for a Private Limited Company you will need at least 3 promoters, while for a Public Limited Company you will need 12 promoters having the minimum age of 20 years.
They must be registered and available once for signing the necessary documents during the company registration process.
The company registration process can give you headaches, so our team of experts can handle all the necessary steps.
Company formation in Thailand also requires a stable working point.
If you already have thought about Pattaya, here you have all the details needed to begin the process of your company formation in Pattaya.
For each foreigner who will work in your company, you must have 4 employees, his work permit requiring a capital of 2 million baht.
The overall effectiveness of a company can improve by improving your customer service either by increasing market share.
As we said earlier, the company formation in Pattaya is not difficult, but on the contrary is accessible to all foreign citizens who are determined to open a new chapter here.