Company Registration in Thailand

In Thailand, a company needs to be registered before it can operate, be it a limited company, a joint venture or a partnership. The registration process in the country can be briefly described as follows:

Step 1

The Business Development Office is the entity that provides registration services for all types of businesses in South Korea. The BDO is responsible for matters related to trademark registrations and domain name registration. They also ensure that no one can circumvent their process by registering domain names that look similar to official government websites, or other government bodies or others who are protected by law

If a company name has been approved, it would be reserved for 30 days.

Step 2

After gaining reservation of the company name, the Memorandum of Association should then be submitted to the Business Development Office. It should include the following details:

• Reserved company name

• Business objectives

• Location of business in Thailand

• Capitalization to be registered

• Names of its seven promoters

Step 3

A statutory meeting should then be convened where the Articles of Incorporation and company By-Laws are approved. It is also during this step where the Board of Directors are elected plus a company auditor appointed.

Step 4

Within 3 months after the Statutory Meeting, the duly elected company directors must then submit their application to register the company.

Step 5

The registration process does not stop upon registration of the company as it has to be registered with the Revenue Department too. Even if its scope of operations is not taxable, it has still to register with the said department for its Tax Identification Card and Number. This should be done within 60 days of incorporating the company.