Private limited company in Thailand.
A private limited company is an ideal structure for most foreign businesses and entrepreneurs. You can set it up either in partnership with a Thai national or opt for foreign ownership (up to 100%).
- Registered in as fast as 1 week
- Flexible paid up capital, objectives, control distribution and more
- Legal solutions for industries which limit allowed foreign ownership
What is a private limited company?
Here’s what you need to start a limited company.
Two (or more) shareholders
One (or more) director
2M THB in capital per each foreign employee*
Registered corporate address in Thailand
Benefits of a limited company.
Corporate bank account
Work permit & visa
Two ways to set up a limited company as a foreigner.
- Majority Thai
- Foreign business license not required
- 2M+ THB in registered capital*
- Unrestricted in its activities (if lawful)
- 1:4 foreign to Thai employee ratio
A limited company that is majority-owned by a Thai national generally doesn’t encounter restrictions – it can be engaging in any business activity and doesn’t face capital requirements (unless it employs foreigners). Consequently, for many, it is beneficial to form a business partnership with a Thai national, in order to meet the legal definition of a “Thai company.”
1 week to register
- Majority foreign (> 49% up to 100%)
- Foreign business license (FBL) required
- 3M+ THB in registered capital**
- Restricted in activities as per the FBA
- 1:4 foreign to Thai employee ratio***
If a limited company is majority-owned by a foreigner, it is considered a foreign company and must obtain an FBL before engaging in business activities (unless promoted by BOI or registered under Treaty Amity, see the exceptions below). Such a company now faces stricter government restrictions and its scope of business is limited to activities allowed by the FBA.
3–4 months to register & obtain FBL
100% foreign ownership options.
BOI – Board of Investment company
US Treaty of Amity company
Majority foreign-owned limited company with FBL
Hotel management company
Why businesses choose to register their company with Acclime.
With our customisable services, we are able to help you find tailored a legal solution built around your specific business objectives and needs.
Get a clear picture of your costs before you start with our upfront and affordable pricing. There are no hidden fees waiting for you around the corner.
Fast & clear communication
Talk to our responsive team without losing anything in translation. We speak fluent English and make sure you are always up to date with the process and you are getting all the answers you need.