Many foreigners now want to start or expand their business in Thailand. Starting a business in a foreign country can be both a rewarding opportunity and a daunting task. Thailand is the land of smiles known, and the government extends the hospitality of the business registration . There is a one-stop service center to get the business with a place for all information necessary for a new company in> Thailand. The Thai government has a big improvement over recent years to speed up the registration of businesses in Thailand. Now a Thai company may, in one working day after receipt of confirmation of booking the name of the Thai society to be registered with limited liability.
New companies can set up large and small in Thailand with ease. For a small new company in Thailand, you can easily your new Thai limited liability company with a minimum capitalization of 2Million baht. The Thai Government requires that paid at least 25 percent of market capitalization from the date of the meeting on the registration of the company. This start-up capital may be used immediately for office rent, my computer, purchasing stock changes and other operating expenses. As for large companies, the Thai government's Board of Investment (BOI) program for the specific sectors offer many advantages for choosing Thailand as the starting position. These may includesmall software developer with only a few people who have large manufacturing operations. The incentives are tax exemptions, tax evasion of import duties on machinery, quick processing of work permits and visas for foreign employees, and virtually tax-free zones for the import of raw materials, used to be and will be exported as finished product (for some sectors) appointed.
The ownership percentage of the Thai company to process depends on the type of business registration with the Thai government.The most common type of registration is the Thai company with 2 million baht required initial small letters. A foreigner can only hold up to 49 percent of the shares of this type of structure. Thus, the Thai partners to 51 percent. The BOI company structure offers the possibility of 100-percent ownership in certain business categories. It is recommended that you include a Thai company lawyer assist you in planning for new companies to contact in Thailand.
