Thailand Company Registration
Company Registration in Thailand from India
Registering your company in Thailand from India is now seamless with Tax Pal Solutions. We provide expert guidance, ensure compliance with Thai laws, and help you launch your business efficiently.
- Complete Support for Thai Company Incorporation
- Expert Legal Guidance for Indian Entrepreneurs
- Fast Approval with Accurate Documentation
- Assistance with BOI & FBL Licenses
- Trusted by 500+ Global Entrepreneurs
Why Thailand is Ideal for Indian Businesses
Thailand serves as a strategic hub for expanding into ASEAN markets. Key advantages include:
- Gateway to ASEAN markets with 600+ million consumers
- Thriving economy and strong India–Thailand business ties
- Pro-investment policies and BOI incentives
- Diverse opportunities in manufacturing, services, and tourism
- Cost-effective operations with skilled workforce and robust infrastructure
Business Laws in Thailand
Foreign Business Act (FBA) Overview
The FBA regulates foreign participation in Thai businesses, categorizing activities into:
| Aspect | Thai-Majority Ownership | Foreign-Majority Ownership |
|---|---|---|
| Shareholding | ≥51% Thai nationals | >49% foreign nationals |
| Restrictions | Fewer restrictions | Limited to certain sectors |
| Licensing | Standard business license | Requires FBL or BOI promotion |
| Land Ownership | Eligible | Usually restricted |
| Setup | Faster & simpler | More documentation & approvals |
Restricted business categories require special permits or BOI promotion.
Eligibility for Indian Nationals
| Criteria | Requirements |
|---|---|
| Minimum Shareholders | 3 (Thai/Indian mix) |
| Director Requirement | At least 1 (can be Indian) |
| Ownership Structure | Max 49% in restricted sectors without BOI/FBL |
| Capital Requirement | THB 2 million minimum |
| Work Permit Eligibility | Available with sufficient capital & staffing |
| Visa | Business Visa (Non-B), extendable to Work Visa |
BOI (Board of Investment) Benefits
- 100% foreign ownership allowed
- Exemption from FBL requirement
- Corporate tax incentives up to 8 years
- Import duty exemptions for machinery and raw materials
- Simplified visa and work permit approvals
- Land ownership in certain cases
- Enhanced credibility with local partners
Document Checklist for Indian Applicants
Indian Directors & Promoters:
- Certified passport copies
- Proof of residential address
- CV/Resume
- Passport-sized photographs
Indian Parent Company (if applicable):
- Certificate of Incorporation
- MOA & AOA
- Board Resolution authorizing Thailand registration
- Power of Attorney (PoA)
Thai Company Foundational Documents:
- MOA & AOA (in Thai with English translation)
- Proof of capital investment and bank statements
- Registered local office address proof
- Company seal (optional but recommended)
- Detailed list of business activities
Thailand Company Registration Process
Step 1: Reserve Company Name
- Submit 1–3 proposed names via DBD portal
- Approval within 1–3 working days, valid for 30 days
Step 2: File Memorandum of Association (MOA)
-
Include company name, office address, objectives, capital, and promoters
Step 3: Statutory Meeting & Director Appointment
- Approve Articles of Association
- Appoint directors & auditors
- Allocate shares among promoters
Step 4: Open Thai Bank Account & Deposit Capital
- Deposit registered capital
- Obtain bank certificate for proof of capital
Step 5: Final Registration with Ministry of Commerce
- Submit MOA, AOA, shareholder list, director details, and bank certificate
- Receive Company Registration Certificate with unique 13-digit number
Step 6: Tax & Social Security Registration
- VAT registration if annual revenue > THB 1.8 million
- Corporate Income Tax registration
- Social Security registration if hiring employees
Cost Overview
| Category | Item | Estimated Cost (THB) | Estimated Cost (INR) |
|---|---|---|---|
| Govt Fees | Company Name Reservation | 200–500 | 526–1,315 |
| MOA Filing | Based on capital | 500–25,000 | 1,315–65,750 |
| Company Registration Fee | 0.05% of capital | 5,000–100,000 | 13,150–263,000 |
| FBL (if applicable) | License Fee | 20,000–250,000 | 52,600–657,500 |
| Professional Services | Legal & Accounting | 30,000–350,000+ | 78,900–920,500+ |
| Bank & Capital | Account Opening | 2,000–5,000 | 5,260–13,150 |
| Annual Compliance | Accounting & Tax Filing | 20,000–100,000+ | 52,600–263,000+ |
Thailand Company Registration Certificate
- Confirms legal incorporation under Thai law
- Includes company name, registration number, date, address, objectives, capital, and shareholders
- Issued by the Department of Business Development (DBD)
How to Download:
- Visit DBD official website
- Navigate to e-Service/e-Registration
- Log in with company credentials
- Access your company profile
- Download PDF certificate
Checking Status:
- Use DBD’s Business Search or Company Registration Status section
- Input company name or registration number
- View status: Under Review, Approved, or Registered
Certification
