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Accounting & Secretary
Increasing company capital in Thailand
Authorized capital is essentially the maximum amount of shares a company is allowed to issue. The limit for Authorized capital is set during the initial incorporation of the company.
However, there may be situations when a company needs to adjust their capital, for example, wanting to attract new shareholders, which can only be done through a shareholder meeting.
How to increase company capital in Thailand?
The capital can be increased via registration at the Department of Business Development (DBD) and consists of the following steps:
- An invitation letter for the extraordinary shareholders’ meeting, approved and signed by one of the directors, has to be published in a local newspaper
- A copy of this letter has to be sent to each shareholder
- Registration forms should be prepared
- Minutes of the extraordinary shareholders’ meeting must be recorded and signed
- Registration for the capital increase must be filed at the DBD
Pricing
FROM
THB 10,000 *
+ 7% VAT
20 Business days
(Average time from the moment we receive
all the required information from you)
Work handled by a corporate expert.Scope of work
- Arranging and managing the shareholders meeting. This will also include the recording of the minutes for the meeting.
- Prepare and file documents. This includes collecting, collating and obtaining the signature for the required documents.
- Answering questions in relation to the process for changing or increasing the capital.
- Advising you on the future duties to ensure a smooth business operation.
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What is the process for increasing a company’s capital?
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Be prepared for obtaining your BOI Licence with our comprehensive and free registration checklist.
Arranging the shareholders meeting
Our experts can assist you calling, managing and drafting the minutes for the shareholder meeting.
TIMELINE
15 business days (14 days advance notice by law)
Collecting and submitting the documents
Our team of experts will collect, collate and fill in all the required documents, ready for the required signatures. We will then submit the documents to the Department of Business Development.
TIMELINE
A few days to collect documents from the parties and prepare the application.
Post-registration requirements
Our experts will issue the new share certificates and assist you with any necessary areas to ensure the smooth and efficient operation of your business.
Frequently asked questions
What documents are required for increasing my company’s capital?
The required documents are as follows:
- Registration forms signed by a director
- Company’s Affidavit
- Copy of the Shareholders list
- A copy of the directors’ ID Card or copy passport
- Details of the counterpart of the capital increase (increase of the par value or amount of the shares), and the amount of shares that will be held by each shareholder
What is the process for calling a shareholders meeting?
To comply with Thai laws, the company must send an invitation letter for the meeting to the shareholders in order to notify them of the decision to increase the company’s capital. The letter must be sent to the shareholders by local post and advertised in the local newspaper. This must be done 7 days prior to the meeting date.
What is the difference between Shareholder & Director?
A Shareholder invests in the company and holds the shares, but doesn’t have any power or authorization to manage the company. Directors are appointed to manage the company on the shareholders behalf. Directors can be either a shareholder or an independent party.
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