Company registration process in Pattaya
Starting a business in Thailand is no different from any other country but you need to do the right amount of research and go about things in the correct manner.
It can be both lucrative and enjoyable if you do the right things.
Thailand is the country which has a huge economy, meaning they have money to spend.
They also have different cultures and so prefer to spend their money in other ways but also spend it they do.
Indeed Thailand has also a huge compliment as ‘one of the great development success stories’.
Pattaya is also a city on Thailand’s eastern Gulf coast known for its beaches.
The area shows several designer golf courses, some with views of Pattaya Bay.
If you’re serious about starting the company registration process in Pattaya you need to familiarise yourself with the basics at least of Thai business law and regulations as well as taking care of the due diligence that you will always conduct before starting a business.
No matter what business you decide to start, note that you always need to have an exit plan if all fails.
You may have to consider a good decision to start the process of your company registration in Thailand because is not hard as you would think since the country is opened and receptive to foreign business.
For foreigners who want to set up and operate a business in Thailand, they must notice that there are some ways to follow.
Remember that when you decide to set up your business, half of your directors should be Thai.
Complete the form to enquire about Registering a Thai Company in Pattaya
What is the company registration process in Thailand?
If you want to continue the process of registration at your company you may have to provide information and the number of employees that you will hire and so other information.
But if you’re unfamiliar with the process it can be hard to take on by yourself.
The entire application process can be expected to take 3-6 months from start to finish.
There are some specific requirements in regards to the company promoters aswell.
For a private limited company you must have at least 3 promoters and for a public limited company at least 12( 20 years or older).
Promoters must be registered and available for signing documents during the registration process.
They should be free to transfer those shares to other parties afterward.
This use of promoters is a particularity of Thai law that is not generally needed for setting up a company in other locations.
Do not forget that in your process of company registration in Thailand you need to remember about The Memorandum of Association MOA which is the following company name, where the company is located, the scope of the business of the company, you also have to register the capital, your promoters name.
All investor who decides to start a new business in Thailand are already convinced because the country has such a strong government, have sufficient infrastructure and skilled.
From another point of view, Thailand is one of the most attractive investments in the world.