Company Incorporation in Bangkok, Thailand
Are you considering starting your business presence in Thailand?PNP International Legal can assist you as a center for legal advice and assistance on all corporate needs to our valued clients’ convenience and economy of charges. We are specialized in procedure of incorporating and operating a business in Thailand, including registration, licenses and permits, company secretarial services, employment, immigration, regulatory affairs, and. We have the depth and breadth within our firm to provide advice tailored to your unique business operations requirements.
Our company specializes in establishing safe and secure company structures for foreigners with their best interest. Our legal and customer care personnel have established many of companies in Thailand and have ample experience of more than a half a decade of combined experience in company registration and different aspects of Thai law for foreigners. Our representatives are always ready to help you in every way they can.
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Setting up of Business in ThailandAnyone interested in setting up of business entity in Thailand find it confusing and tedious process because of inadequate know how of Thai law of the land and language barriers. PNP International Legal can assist you with each every steps to make whole process never easy before so that you can totally focus on operational and administrative issues of your company.
Thailand offers wide range of corporate business types and structure for the foreign investors as rules and conditions stipulated in Foreign Business act of Thailand. Whether the company is either engage in trading or non-trading activities share ownership of the business depends on the rules prescribed by Foreign Business act of Thailand. General business types in Thailand are
- Partnership business (ordinary or limited)
- Limited liability company
- Foreign Branch office/Regional office
- Representative office
100% foreign ownership business structure in ThailandForeign investors can incorporate company under 100% foreign ownership under following criteria as set by Ministry of commerce
Board of Investment
Board of investment certified company can enjoy upto 100% foreign ownership, corporative tax incentives, merit based incentives and other exemption as approved by Board of Investment.
Thailand – US treaty of Amity company
The treaty allows for American citizens and businesses incorporated or in Thailand to maintain a majority shareholding or to wholly own a company in Thailand, and thereby engage in business on the same basis as would a Thai national. These companies are also exempt from most of the restrictions on foreign investment imposed by the Thai Foreign Business Act of 1999.
Foreign Business License
You can apply for the 100% ownership of your business to the ministry of commerce sighting your venture’s contribution to the economy in terms of technology and know-how transfer, creation of jobs in local economy and investment and other director and indirect economic contribution.
However, the granting of such licenses depends on the criteria and category of business activities as defined by Foreign Business Act 1999.
A trading entity registered under as 100% export or manufacturing entity registered under 100% of its manufactured products are eligible for wholly foreign ownership.
Representative office and Branch Office
A foreign entity can apply for establishment of their representative office or branch office conducting its activities under specific restrictions on scope of its operation and revenue generation.