Company Incorporation in Thailand
Formation of a Thai company with the DBD — reserve the name, file the Memorandum of Association naming the promoters (a minimum of 2 since the Civil and Commercial Code amendment effective 7 February 2023, reduced from 3), hold the statutory meeting adopting the Articles and appointing directors and auditor, then register the company. Under the Foreign Business Act B.E. 2542 a company is 'foreign' where 50% or more of the shares are held by non-Thais, and foreigners are generally capped at 49% in businesses on the FBA restricted lists; majority or 100% foreign ownership is possible only via a Board of Investment (BOI) promotion, the US–Thai Treaty of Amity (US nationals/companies), or a Foreign Business Licence/Certificate from the Ministry of Commerce.
7–21 business days
THB
Compare the structures
Every column is a vehicle you can actually incorporate here, and each is bought on its own terms. Every fact carries where it was read: on the authority’s own page, or — marked Indicative — on a filing platform or publication we name and link. Anything we could not read anywhere is marked Pending verification and confirmed with the authority before you pay.
| Private Limited Company (บริษัทจำกัด)The standard operating and foreign-invested vehicle — minimum 2 shareholders and 1 director | Public Limited Company (บริษัทมหาชนจำกัด)Larger businesses raising capital from the public or listing on the SET — commonly 15 promoters, 5 directors | Limited Partnership (ห้างหุ้นส่วนจำกัด)A venture with an active managing partner and passive investors whose liability is capped at their contribution | Registered Ordinary Partnership (ห้างหุ้นส่วนสามัญ)A small local joint venture where all partners accept joint unlimited liability | Branch Office of a foreign companyA foreign company wanting to carry on revenue-generating business in Thailand without a separate Thai subsidiary | Representative OfficeA foreign company wanting a non-trading liaison/quality-control/sourcing presence in Thailand | |
|---|---|---|---|---|---|---|
| Minimum owners | 2 | 15 | 2 | 2 | 1 | 1 |
| Maximum owners | Pending verification | Pending verification | Pending verification | Pending verification | Pending verification | Pending verification |
| Minimum directors | 1 | 5 | Pending verification | Pending verification | Pending verification | Pending verification |
| Liability | limited | limited | limitedmixed | unlimited | unlimited | unlimited |
| Foreign ownership | Yes | Yes | Pending verification | Pending verification | Yes | Yes |
| Tax treatment | Corporate income tax at 20% on net profit; SME reduced rates apply for companies with paid-up capital under THB 5m (see … | Corporate income tax at 20% on net profit. | A registered limited partnership is a juristic person subject to corporate income tax at 20% (SME bands may apply). | An UNregistered ordinary partnership is not a juristic person and its income is taxed in the partners' hands (personal i… | Taxed at 20% corporate income tax on net profit derived in Thailand; branch profit remittances abroad also attract a 10%… | A representative office may not earn income in Thailand, so it has no corporate income tax on net profit; it still files… |
| Audit required | Yes | Yes | Pending verification | Pending verification | Yes | Yes |
| Audit threshold | No turnover threshold - every Thai private limited company must have its annual financial statements audited by a licens… | No threshold - audited financial statements are mandatory. | May be exempt from mandatory audit below the capital/asset/income thresholds set by Ministerial Regulation (verify). | A registered ordinary partnership may be exempt from mandatory audit if it stays below the capital/asset/income threshol… | No threshold - a branch must file audited financial statements. | No threshold - still required to file audited accounts. |
| Annual compliance | High | High | Medium | Low | High | Medium |
| Typical use | Wholly-owned or joint-venture operating company; the default wholly-owned subsidiary structure for a foreign parent (sub… | Companies raising capital from the public or listing on the Stock Exchange of Thailand; governed by the Public Limited C… | Family or small business with active and passive partners; must be registered with the DBD. | Traditional small local business; two or more partners all bearing unlimited joint liability. | Foreign company undertaking contract work or trading in Thailand as an extension of the head office (not a separate lega… | Non-revenue liaison office limited to permitted activities (sourcing, quality control, reporting to head office, advisin… |
What we will need from you
Upload these once. They are stored encrypted and reused across every service you buy from us.
Memorandum of Association naming the promoters (minimum 2 since 7 Feb 2023) and their subscribed shares
Filed with the DBD; registered capital, objectives and registered office are stated here.
Identity document per promoter and per shareholder (Thai ID card; passport copy for a foreign national)
Per promoter and per shareholder.
Statutory meeting minutes, Articles of Association, and the list of shareholders (form บอจ.5)
Director consent and details with specimen signatures, and registered-office documents
House registration plus landlord consent / lease and landlord ID for the registered office.
For a foreign individual or body corporate: passport / certificate of incorporation, board resolution and any power of attorney executed abroad
Thailand is NOT a party to the Hague Apostille Convention — documents executed abroad must be notarised and then LEGALISED (consularised) through a Thai embassy or consulate, not apostilled. A certified Thai translation is required. The exact per-person list is confirmed at quote against the DBD forms.
Cost breakdown
Our fee and the government’s are always separate lines. Government fees are passed through at exactly what the authority charges — we add nothing to them.
| Company registration fee (registration of the limited company)Left unpriced — read the current DBD fee Ministerial Regulation (กฎกระทรวง ค่าธรรมเนียม) at dbd.go.th to confirm. | Confirmed before payment |
| Memorandum of Association (MOA) registration feeSecondary sources state THB 50 per THB 100,000 of registered capital (min 500 / max 25,000) or a flat THB 500; not read from the DBD fee schedule. Not published pending the DBD fee regulation. | Confirmed before payment |
| Stamp duty and certificate/affidavit copiesStamp duty under the Revenue Code applies to certain incorporation documents and to share certificates (commonly cited 0.1% of paid-up value); certificate copies and the company affidavit carry small per-item DBD fees. Confirmed at quote against the Revenue Code Stamp Duty Schedule and the DBD fee list. | Confirmed before payment |
| Comriq professional fee | Fixed fee within 1 business day |
How it runs
You will see these exact stages update in your client portal as we progress.
Name Reserved
Reserve the company name with the DBD (the reservation is valid for a limited window).
MOA Filed
Register the Memorandum of Association — promoters, registered capital, objectives and registered office.
Statutory Meeting
Shareholders adopt the Articles of Association and appoint directors and the auditor.
Company Registered
File incorporation with the DBD (increasingly via the DBD online platform).
Tax ID / VAT
The company tax ID is issued on incorporation; register for VAT if turnover exceeds or is expected to exceed THB 1.8m.
Indicative guidance — confirmed before payment
Requirements and statutory fees are set by Department of Business Development (DBD), Ministry of Commerce and change without notice. This page is general information, not legal or tax advice. Your engagement letter and quote are the binding documents.