{"id":16,"date":"2025-04-08T06:30:59","date_gmt":"2025-04-08T06:30:59","guid":{"rendered":"https:\/\/lhmarvelous.com\/?page_id=16"},"modified":"2025-04-17T10:21:17","modified_gmt":"2025-04-17T10:21:17","slug":"company-registration","status":"publish","type":"page","link":"https:\/\/lhmarvelous.com\/en\/company-registration\/","title":{"rendered":"Company Registration"},"content":{"rendered":"<div data-elementor-type=\"wp-page\" data-elementor-id=\"16\" class=\"elementor elementor-16\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1fde8ae e-flex e-con-boxed e-con e-parent\" data-id=\"1fde8ae\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1a500e8 elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"1a500e8\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Company Registration<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-caf4339 e-flex e-con-boxed e-con e-parent\" data-id=\"caf4339\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-4e246d3 e-con-full e-flex e-con e-child\" data-id=\"4e246d3\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-97611bc elementor-widget elementor-widget-image\" data-id=\"97611bc\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/lhmarvelous.com\/wp-content\/uploads\/2025\/04\/2093-1-1024x683.jpg\" class=\"attachment-large size-large wp-image-281\" alt=\"\" srcset=\"https:\/\/lhmarvelous.com\/wp-content\/uploads\/2025\/04\/2093-1-1024x683.jpg 1024w, https:\/\/lhmarvelous.com\/wp-content\/uploads\/2025\/04\/2093-1-300x200.jpg 300w, https:\/\/lhmarvelous.com\/wp-content\/uploads\/2025\/04\/2093-1-768x512.jpg 768w, https:\/\/lhmarvelous.com\/wp-content\/uploads\/2025\/04\/2093-1.jpg 1500w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8966ea1 e-con-full e-flex e-con e-child\" data-id=\"8966ea1\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d85a136 elementor-widget elementor-widget-image\" data-id=\"d85a136\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"914\" height=\"353\" src=\"https:\/\/lhmarvelous.com\/wp-content\/uploads\/2025\/04\/dbd_logo.png\" class=\"attachment-large size-large wp-image-279\" alt=\"\" srcset=\"https:\/\/lhmarvelous.com\/wp-content\/uploads\/2025\/04\/dbd_logo.png 914w, https:\/\/lhmarvelous.com\/wp-content\/uploads\/2025\/04\/dbd_logo-300x116.png 300w, https:\/\/lhmarvelous.com\/wp-content\/uploads\/2025\/04\/dbd_logo-768x297.png 768w\" sizes=\"(max-width: 914px) 100vw, 914px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0d373eb elementor-widget elementor-widget-heading\" data-id=\"0d373eb\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Department of Business Development (DBD).\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5c123f7 elementor-widget elementor-widget-text-editor\" data-id=\"5c123f7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>LHM<\/strong> Establishing a limited company is the preferred structure for foreign investors looking to set up in Thailand.<\/p><p>Foreign investors are generally limited to only 49 percent ownership of a private limited company, depending on the sector.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9ddb5e2 e-flex e-con-boxed e-con e-parent\" data-id=\"9ddb5e2\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-292a918 e-con-full e-flex e-con e-child\" data-id=\"292a918\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6c42a2e elementor-widget elementor-widget-heading\" data-id=\"6c42a2e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Tax registration<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fdf7e49 elementor-widget elementor-widget-text-editor\" data-id=\"fdf7e49\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tOnce the company is registered, it must register for a corporate tax ID card from the Revenue Department within 60 days of incorporation. Businesses that have an annual turnover of 1.8 million baht (US$58,000), must register for VAT within 30 days after reaching the 1.8-million-baht ceiling.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6b879c4 e-con-full e-flex e-con e-child\" data-id=\"6b879c4\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-834bece elementor-widget elementor-widget-image\" data-id=\"834bece\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/lhmarvelous.com\/wp-content\/uploads\/2025\/04\/2705-1-1024x683.jpg\" class=\"attachment-large size-large wp-image-282\" alt=\"\" srcset=\"https:\/\/lhmarvelous.com\/wp-content\/uploads\/2025\/04\/2705-1-1024x683.jpg 1024w, https:\/\/lhmarvelous.com\/wp-content\/uploads\/2025\/04\/2705-1-300x200.jpg 300w, https:\/\/lhmarvelous.com\/wp-content\/uploads\/2025\/04\/2705-1-768x513.jpg 768w, https:\/\/lhmarvelous.com\/wp-content\/uploads\/2025\/04\/2705-1.jpg 1500w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b7cea5f e-flex e-con-boxed e-con e-parent\" data-id=\"b7cea5f\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-03aac19 e-con-full e-flex e-con e-child\" data-id=\"03aac19\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6e993fa elementor-widget elementor-widget-heading\" data-id=\"6e993fa\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Registration of a foreign shareholder company<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1fc3ae6 elementor-widget elementor-widget-text-editor\" data-id=\"1fc3ae6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<style>.elementor-element-1fc3ae6{display:none !important}<\/style>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-16fe9b1 elementor-widget elementor-widget-text-editor\" data-id=\"16fe9b1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>There are 2 forms of foreign shareholder companies:<\/p><p>\u2013 <strong>Hold foreign shares no more than <\/strong><strong>49 %<\/strong>, i.e., there are no more than 49% of\u00a0<span style=\"font-family: inherit; font-size: inherit; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit;\">shareholders other than Thai nationality. Able to carry on any business as required by\u00a0<\/span><span style=\"font-family: inherit; font-size: inherit; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit;\">law<\/span><\/p><p>\u2013 <strong>Hold foreign shares of <\/strong><strong>50 % or more<\/strong>, i.e., shareholders are nationals other than Thai\u00a0<span style=\"font-family: inherit; font-size: inherit; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit;\">nationality. Holding shares of 50% or more is considered a foreign company. Must apply\u00a0<\/span><span style=\"font-family: inherit; font-size: inherit; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit;\">for a foreign business license and there is a limitation<\/span><\/p><p><strong><em>\u201c Can a foreigner hold <\/em><\/strong><strong><em>100% of the shares? \u201d<\/em><\/strong><\/p><p>There are some businesses that can be 100% owned by foreigners such as manufacturing plants for both domestic and export sales. Foreigners must have a minimum registered capital of at least 2 million baht. If the registered capital exceeds 5 million baht after registration. The authorized director must go to the bank himself to open a bank account in Thailand and deposit into a bank account equal to the amount of registered capital paid For example, the registered capital is 10 million baht, and the capital payment is 25%. Directors must open a bank account with the name of an individual. And deposit money into the account in the amount of 2,500,000 baht and request a certificate of deposit from the bank. To submit to the Department of Business Development within 15 days from thedate of company registration.<\/p><p>Non-manufacturing business but get the right from BOI investment promotion or have special licenses. Foreigners can hold 100% of the shares by notifying the Director-General of the Department of Business Development. To request a business certificate for foreigners, it takes about 4-6 months or applying for a Foreign Business License (FBL) through the Department of Business Development, Foreign Affairs Division.<\/p><p>However, not every business can do this. Must comply with the conditions of foreign business under the Foreign Business Act B.E. 2542<\/p><p><strong>Conditions and preparing documents for<\/strong><strong> Registration of a foreign shareholder company<\/strong><\/p><ol><li>Foreign shareholders from 1 share or more, all Thai shareholders must present a savings account by requiring the bank to issue a certificate of deposit for all Thai shareholders.<\/li><\/ol><p>The amount of the deposit must not be less than the investment in the business according to the proportion of their shareholding. For example, the registered capital of a company is 1,000,000 baht.<\/p><p>*Foreigners hold 49% of shares = investment 490,000 baht<\/p><p>*Thai 1 holds 30% of shares = 300,000 baht. Thai 2 holds shares 21% = 210,000 baht.<\/p><p>Therefore, Thai shareholders must present both deposits as in the example that they exist.<\/p><ol start=\"2\"><li>In the case of a foreigner \u201cAuthorized Director\u201d is able to act on behalf of the company in signing various documents. Even if he doesn&#8217;t have a stake in the company&#8217;s shares at all.<\/li><\/ol><p>According to the law, Thai shareholders must show a deposit account corresponding to the amount invested in shares, that is, according to the proportion of their shares held in accordance with the paid-up registered capital.<\/p><p>On the other hand, if a foreigner is \u201cNon-authorized director\u201d Thai shareholders do not need to present a deposit account. But if a foreigner is both a director who has no authority to sign and is also shareholder. Thai shareholders are also required to present deposit evidence to the Department of Business Development officers.<\/p><ol start=\"3\"><li>For foreign shareholders who become directors both as a general director and as an authorized director or come to be employees within the company must have a WORK PERMIT including having a registered capital of 2 million baht or more per foreigner by paying full share value. In which there must be a ratio of 4 Thai people working with each shareholder who is a director or comes to work for the company 1 person, as well as the company must also register for VAT.<\/li><\/ol><p><em><u>As for foreign shareholders who do not need a WORK PERMIT in order to be able to work and receive<\/u><\/em><\/p><p><em><u>salary in Thailand and do not have to go out of the country often, there is no need to register the<\/u><\/em><\/p><p><em><u>registered capital, including the full payment of 2 million<\/u><\/em><\/p><hr \/><p><strong>Process of Registration of a foreign shareholder company<\/strong><\/p><p><strong>Overview of the registration process:<\/strong><\/p><ol><li>Check and reserve the company name. Can reserve 3 names and choose 1 at the last.<\/li><\/ol><p>After the name has been reserved Registration of the Memorandum of Association must be submitted within 30 days. If filing for the Memorandum of Association later, a new name reservation must be made again (can use the same name to make a reservation if there are no other companies to use.)<\/p><ol start=\"2\"><li>Persons who are promoters of 3 or more people sign together to prepare an application for registration of the memorandum of association and supporting documents and then register<\/li><li>When the Memorandum of Association has been registered, the promoter must provide shares of the company that intends to be established. There are people who subscribe to buy shares until the end.<\/li><li>Conduct a company establishment meeting. The notice of the meeting must be sent to shareholders at least 7 days in advance of the meeting date.<\/li><li>When the company establishment meeting has been held and the company&#8217;s directors have been appointed. The promoter must assign the business to the company&#8217;s directors to carry on the business.<\/li><li>The directors of the management company call for the promoters and the subscriber. Pay at least 25% of the share price.<\/li><li>When receiving money for shares Directors must apply for company registration. And bring the supporting documents to register as a company within 3 months after the meeting to set up the company. at the Department of Business Development.<\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0ac4168 e-flex e-con-boxed e-con e-parent\" data-id=\"0ac4168\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7971104 elementor-widget elementor-widget-heading\" data-id=\"7971104\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/lhmarvelous.com\/en\/contact-us\/\">Let us be a part of your success. Contact LHM for the next step.<\/a><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Company Registration \u0e01\u0e32\u0e23\u0e17\u0e30\u0e40\u0e1a\u0e35\u0e22\u0e19\u0e1a\u0e23\u0e34\u0e29\u0e31\u0e17 \u0e01\u0e23\u0e21\u0e1e\u0e31\u0e12\u0e19\u0e32\u0e18\u0e38\u0e23\u0e01\u0e34\u0e08\u0e01\u0e32\u0e23\u0e04\u0e49\u0e32 (DBD) LHM \u0e21\u0e35\u0e1a\u0e23\u0e34\u0e01\u0e32\u0e23\u0e08\u0e14\u0e17\u0e30\u0e40\u0e1a\u0e35\u0e22\u0e19\u0e1a\u0e23\u0e34\u0e29\u0e31\u0e17\u0e43\u0e19\u0e17\u0e38\u0e01\u0e23\u0e39\u0e1b\u0e41\u0e1a\u0e1a \u0e23\u0e27\u0e21\u0e44\u0e1b\u0e16\u0e36\u0e07\u0e01\u0e32\u0e23\u0e02\u0e2d\u0e43\u0e1a\u0e2d\u0e19\u0e38\u0e0d\u0e32\u0e15\u0e1b\u0e23\u0e30\u0e01\u0e2d\u0e1a\u0e01\u0e34\u0e08\u0e01\u0e32\u0e23\u0e43\u0e19\u0e17\u0e38\u0e01\u0e20\u0e32\u0e04\u0e2d\u0e38\u0e15\u0e2a\u0e32\u0e2b\u0e01\u0e23\u0e23\u0e21 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LHMMARVELOUSE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lhmarvelous.com\/en\/company-registration\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Company Registration - LHMMARVELOUSE\" \/>\n<meta property=\"og:description\" content=\"Company Registration \u0e01\u0e32\u0e23\u0e17\u0e30\u0e40\u0e1a\u0e35\u0e22\u0e19\u0e1a\u0e23\u0e34\u0e29\u0e31\u0e17 \u0e01\u0e23\u0e21\u0e1e\u0e31\u0e12\u0e19\u0e32\u0e18\u0e38\u0e23\u0e01\u0e34\u0e08\u0e01\u0e32\u0e23\u0e04\u0e49\u0e32 (DBD) LHM \u0e21\u0e35\u0e1a\u0e23\u0e34\u0e01\u0e32\u0e23\u0e08\u0e14\u0e17\u0e30\u0e40\u0e1a\u0e35\u0e22\u0e19\u0e1a\u0e23\u0e34\u0e29\u0e31\u0e17\u0e43\u0e19\u0e17\u0e38\u0e01\u0e23\u0e39\u0e1b\u0e41\u0e1a\u0e1a 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