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Business setup · Department of Business Development

Registering a private limited company in Thailand

A Thai limited company becomes a juristic person once the Registrar accepts registration. We help plan the shareholding, check the name, prepare documents and file with the DBD; acceptance is the Registrar's decision.

Send your business details for a quotation

Illustrative preparation image — not a client or an official document.

The statutory steps

  1. Step 1

    Reserve the company name

    Check and reserve the name through the DBD system. An approved name is valid only for the period the DBD sets, so prepare the next documents before reserving.

  2. Step 2

    File the memorandum of association

    State the name, objectives, registered capital and promoters. Since the 2023 amendment to the Civil and Commercial Code, at least two promoters are required.

  3. Step 3

    Statutory meeting

    Subscribers adopt the articles, appoint directors and an auditor and allot shares. At least 25% of the share value must be paid up before registration.

  4. Step 4

    Register the company

    File at a registration office or via DBD e-Registration. Official fees are based on registered capital at the DBD's rates.

  5. Step 5

    Duties after registration

    The registration number serves as the tax ID. Register for VAT when turnover exceeds THB 1.8 million a year, register with Social Security within 30 days of hiring, and keep accounts under the Accounting Act.

Decisions to make before filing

  • Foreign shareholding: where foreigners hold half or more of the capital and the business is listed under the Foreign Business Act, a licence or certificate is needed first.
  • Do not use Thai nominee shareholders to get around the law; this carries legal penalties.
  • Objectives should cover the actual business, and some activities need a separate licence from another authority.
  • Registered capital affects other conditions, such as work permits for foreign staff, so plan it together.

Official fees are listed in the DBD fee schedule. Our service fee is given separately in a written quotation.

Frequently asked questions

How many shareholders are needed?

At least two promoters and shareholders, under the Civil and Commercial Code as amended in 2023.

How much can a foreigner own?

Foreigners may hold shares, but a company with half or more foreign capital is treated as foreign and needs a licence for businesses listed in the Foreign Business Act, unless another law such as BOI promotion or the Thai–US Treaty applies.

How much capital must be paid?

At least 25% of the share value before registration. The right capital depends on the business and any plan to hire foreign staff.

Can I register online?

Yes, through DBD e-Registration, with identity verification as the system requires.

What comes after registration?

Keep accounts and file annual financial statements, file corporate income tax, register for VAT when you reach the threshold, and register with Social Security when you hire.

How long does it take and what does it cost?

It depends on document readiness and the Registrar's review; we do not promise a fixed period. Our fee depends on the structure and documents and is quoted after review. No guarantee of outcome and no refund policy.

Official sources

Head office Ladprao 95 · replies within 2 hours in business hours, Mon–Sat 09:00–18:00 (Thailand time)

We do not guarantee any authority's decision, and the company has no refund policy.

Contact our staff