Incorporate your company in Thailand


Greenhouse is a marketplace helping you simplify your business registration in Thailand. Our network connects startups, SMEs, service providers, government agencies, accelerators, and more, helping everyone achieve their goals.

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Choose your company incorporation option in Thailand


THAI LIMITED COMPANY

Best for: Medium to large enterprises planning for long-term investments in Thailand with either private or public shareholding

THAI PARTNERSHIP

Best for: Smaller firms planning to do partnership business in Thailand

BRANCH OFFICE

Best for: Extension office of a parent company looking to conduct commercial activities and make a profit without incorporating a separate legal entity

REPRESENTATIVE OFFICE

Best for: Foreign entrepreneurs looking to gain local presence only conducting approved activities without making commercial activities before expanding to the country.

REGIONAL OFFICE

Best for: Extension office of a parent company looking to coordinate the company’s affiliates and subsidiaries in Thailand

JOINT VENTURE

Best for: Thailand national and foreign entrepreneurs who are planning to conduct business in Thailand together

BOARD OF INVESTMENT COMPANY

Best for: Foreign investors planning to establish a majority foreign-owned business in Thailand with more range of benefits

US-THAILAND AMITY TREATY COMPANY

Best for: US citizens seeking to work or run businesses in Thailand

Set up your company without the hassle


Our service providers are equipped to handle your company formation project in Thailand from start to finish. Sit back while they get your company up and running.

FORM A LEGAL ENTITY

Our service providers will submit your company name and application to Thailand’s Ministry of Commerce.

PRE-NEGOTIATED PRICING

We’ve negotiated the best prices from each of our service providers for your business incorporation project, including any company registry fee here in Thailand.

BANK ACCOUNT

Our service providers can help you get an official bank account for your company, which requires your presence in Thailand.

WORK PERMITS

If you have an overseas team, our service providers can arrange the proper passes and visas for you to stay in Thailand.

Frequently Asked Questions


Here are the answers to the most popular questions about incorporating in Thailand, asked by businesses just like you.

(Updated 16 September 2019)

Registering a company in Thailand from the Ministry of Commerce takes around 7 days for a private company and up to 30 days for a public company.

There are rules which set out the ways in which foreigners can register and operate businesses in Thailand. In some cases, businesses can be registered in the names of non-Thai nationals, but in certain business areas, the company must be at least 51% Thai owned. If you want to set up a public company, at least half of your directors should be Thai.

A Foreign Business License (FBL) in Thailand can be awarded to a Foreign company that wishes to operate a business that is normally restricted to Foreign nationals under Thai Law. The minimum capital requirement for the formation of such a company in Thailand is 2 million THB.

Basically, foreigners are not allowed to own 100% shares of any business in Thailand, unless you are a US citizen that can register through the Treaty of Amity.

However, there are two other options available.  Firstly, you can obtain a Foreign Business License, get a promotion from the Board of Investment (BOI).

We do not advise our clients to use nominee shareholders, which is illegal and uncontrollable. Most law firms that advise nominee shareholders use their lower level staff to hold shares for you when those people do not understand that they are breaking the law. And they can never prove easily that they have the money to invest in your business.

Board of Investment (BOI) shall be in charge of licensing for company entitled to investment promotion.

Generally, companies that are given priority for Thai BOI licensing are those involved in:

  • Agriculture and Agricultural Products;
  • Mining, Ceramics and Basic Metals;
  • Light Industry;
  • Metal Products, Machinery and Transport Equipment;
  • Electronic Industry and Electric Appliances;
  • Chemicals, Paper, and Plastics;
  • Technology and Innovation Development

Non-industrial businesses such as public utilities are also promoted by the Thai BOI with investment incentives.

A Foreign company will usually set up a Representative Office in Thailand so that it can be responsible for certain non-expenditure activities of the Foreign company. A Representative Office cannot generate income for the Foreign company in Thailand. Some of the activities a representative office may engage in include:

  • To source for goods or services in Thailand for the head office.
  • To check and control the quality and quantity of goods purchased or hired to manufacture in Thailand by the head office.
  • To give advice concerning goods of the head office sold to agents or consumers.
  • The propagating of information concerning new goods or services of the head office.
  • To report on business trends in Thailand to the head office.

A Thai-incorporated company that meets the following requirements is eligible to apply for IBC status:

  • Maintains a minimum of THB 10 million in paid-up capital;
  • Employs at least 10 skilled employees (or at least five skilled employees for treasury services);
  • Incurs at least THB 60 million in annual expenses (payable to recipients in Thailand) relating to qualifying activities and income; and
  • Meets the above requirements for each fiscal year. Otherwise, the IBC is not eligible for benefits in the year in which the requirements are not met.
Viktor Chief Operating Officer

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