Contributor
Chutinun Wannapirun
Partner, PKF Legal
Starting a limited company in Thailand is a popular way for foreigners to establish a business presence in the country. This guide provides a step-by-step process to help you navigate the legal and administrative requirements while highlighting essential considerations to ensure compliance with Thai laws.
Step 1: Choose a Company Name
Step 2: Draft the Memorandum of Association (MOA)
Step 3: Register the Company
Step 4: Capital Requirements
Step 5: Tax Registration and Licensing
Step 6: Work Permits for Foreign Employees
Step 7: Comply with Accounting and Reporting Standards
Step 8: Understand Foreign Ownership Rules.
Step 9: Open a Corporate Bank Account
Step 10: Obtain Additional Permits (if applicable)
