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Start a business in Thailand

✨ Starting a Business in Thailand: What You Need to Know ✨ If you’re planning to start a business in Thailand, don’t miss this video! Today, I’ll walk you through the essential details of registering a Limited Company, the most common and practical business structure in Thailand. ✅ Step 1: Think about your “Business Partners” To register a Limited Company, you need at least 2 shareholders. The key is to plan who your partners will be and how many shares each person will hold. 💡 Important rules: If Thai nationals hold at least 51% of the shares, the company will be considered a Thai company. If Thais hold less than 51%, it will be considered a foreign company. Foreigners can even own 100% of the shares, but in that case, you will need to obtain a Foreign Business License (FBL). ✅ What you need to prepare before registration Company name (in both Thai and English) Registered office address (head office) Business objectives Number of registered shares and the value per share (e.g., THB 100 per share) Shareholding structure – how many shares each partner will hold Once these details are ready, you can proceed to register your company with the Department of Business Development (DBD). ✅ Cost of company registration The service fee depends on the accounting or legal firm you choose, as prices vary depending on the scope of work. Generally, the cost ranges between THB 10,000 – THB 100,000. 📌 For our services, we offer a starting package from THB 35,000, covering end-to-end support to ensure you can set up your business with confidence. ✨ If you’d like to learn more or request a consultation, feel free to contact us using the details below. Phongphanich Accounting & Consulting – Small business, big heart 💙 https://www.phongphanich.com/