Our Business Registration Services
- Limited Company Registration
- Limited Partnership Registration
- Registration of Social Security
- Registration of VAT
Our Business Deregistration Services
- Limited Company Dissolution
- Limited Partnership Dissolution
- Deregistration of Social Security
- Deregistration of VAT
Starting or Doing a Business in Thailand
Thailand is an attractive place for investment for several reasons:
1. Strategic Location: Thailand's location in the heart of Southeast Asia makes it a strategic gateway to the region's burgeoning markets, including the ASEAN Economic Community (AEC), which has a combined GDP of over $3 trillion.
2. Growing Consumer Market: Thailand boasts a growing middle class with increasing purchasing power, driving demand for a wide range of goods and services. This makes it an attractive market for businesses looking to expand their customer base.
3. Skilled Workforce: Thailand has a relatively well-educated and skilled workforce, particularly in industries like manufacturing, technology, and hospitality. This can be advantageous for companies seeking skilled labor at competitive costs.
4. Infrastructure Development: Thailand has been investing heavily in infrastructure development, including transportation networks, ports, and industrial estates, to support economic growth and facilitate business operations.
5. Tourism: Thailand is one of the world's top tourist destinations, known for its beautiful beaches, rich cultural heritage, and vibrant nightlife. The tourism industry not only contributes significantly to the economy but also creates opportunities for investment in hospitality, entertainment, and related sectors.
Limited Companies in Thailand
The limited company is the most prevalent form of doing a business in Thailand due to the fact that it offers shareholders the limited liability and the credibility to stakeholders.
1. A Thai Majority-Owned Limited Company
To be considered as a Thai majority-owned limited company, the company’s shareholding structure must be consisted of at least 51% of Thai nationals. Given that it is Thai majority-owned, this particular type of business form generally does not encounter business restrictions.
2. A Foreign Majority-Owned Limited Company
The criteria to be a foreign business is to have a shareholding structure that has more than 49% of foreign ownership. In most cases, a foreign majority-owned limited company will be governed by the Foreign Business Act(FBA). Hence, any business entities owned majorly by foreigners are mandated to acquire a Foreign Business License before conducting a business in Thailand.
If you are interested in forming a company, we are at your service to go through the company registration process and other necessary procedures for you.
Company Dissolution in Thailand
In unfortunate circumstances, a company might need to close down due to unfavorable market conditions, ongoing loss, fierce competition, fluctuation in demand and supply, or other reasons. To dissolve a company, there are steps that must be carried out with precaution and require expertise. We are happy to help you with the dissolution process.
Ready to take control and optimize your financial future?
Contact us today to elevate your financial success. Let us be your trusted partner in achieving financial excellence.
Bangkok Accounting Office(2009) Co., Ltd.
Address: 126/20 Soi Phaholyothin 32 Senanikom 1 Road Kwang Senanikom Chatuchuk District Bangkok 10900
Phone Number: (+66)86 322 1246 ; (+66)2 561 0122
E-mail : ba.bkk2009@gmail.com
Line Official: @ba2009
