Business Formation in
Thailand
Handling all of your business matters in Thailand. As a foreign business owner/entrepreneur, there is no doubt that legal issues will arise that require the guidance from a skilled legal professional. We help with buying, selling, and helping manage your ongoing legal enterprise.
Government Incentives
For foreigners unfamiliar with Thai law and legal practices, setting up a business in Thailand can seem overwhelming. Thankfully, with our knowledge and expertise of the Thai business landscape, setting up a company can be easy! Furthermore, the Thai government has recently begun offering tax insentives and expedited work permits to foreigners looking to invest.
Thai Ownership
In some instances, a majority stake in a Thai buiness must be owned by a Thai national. Contact us today to see what your business may require!
Business Types
Thailand offers a wide variety of buisness licenses available to foreigners. Deciding which opportunity fits best with your company can depend on many different factors. See below for a few options or reach out to us today! Click here to message one of our business experts!
Thailand offers a wide variety of buisness licenses available to foreigners. Deciding which opportunity fits best with your company can depend on many different factors. See below for a few options or reach out to us today! Click Here to message one of our business experts.
Partnership
Form a business as a Western partner with the country of Thailand. There are three types of partnerships: Unregistered, Registered and Limited. Each have their own benefits, depending on your business goals, obligations and legal needs. We can help you decide which is best for your specific business!
Limited Company (Private)
Private limited companies are governed by the Civil and Commercial Code of Thailand and require ownership to be divided up through shareholding. Shareholders enjoy limited liability, much like share owners of an LLC in the United States or the UK. Limited Companies in Thailand are one of the few business types that do not require local Thai ownership.
Limited Company (Public)
Public limited companies are governed by the Public Company Act and require ownership to be divided up through shareholding. A minimum of (15) shareholders are required for a public limited company formation, with a Board of Directors housing a minimum of 50% Thai nationals. Only these public limited companies can be listed on the Stock Exchange of Thailand (SET).
Joint Venture
Joint Ventures are not a formally recognized form of business in Thailand. However, agreements between Thai nationals and foreigners is possible. If the agreement is majority owned by a non-Thai national, the joint venture would be governed by the Foreign Business Act. Related: Amity Treaty. We can help you decide if a joint venture makes sense for your business or partnership!
Foreign Business License
Basic business licenses can be awarded to foreigners by applying for a foreign business license. Please note that there are some types of business that non-Thai nationals can either not participate in, can only participate in under certain conditions or have not been categorized by the Director-General of the Commercial Registration Department. We can help facilitate this process!
Other
Business opportunities in Thailand continue to grow and become more complex! Cross Border Legal can help facilitate any business need, from business formation to a factory licenses, we’ve seen it all. Click here to submit an inquiry!
TRUST
Highly talented lawyers, transparent through every step.
EXPERIENCE
Laws are different throughout the world. Connect with a lawyer familiar with the landscape.
