{"id":16829,"date":"2025-09-18T12:40:23","date_gmt":"2025-09-18T05:40:23","guid":{"rendered":"https:\/\/belaws.com\/thailand\/?p=16829"},"modified":"2025-09-18T12:53:31","modified_gmt":"2025-09-18T05:53:31","slug":"starting-a-business-in-thailand-challenges","status":"publish","type":"post","link":"https:\/\/belaws.com\/thailand\/fr\/defis-lies-a-la-creation-entreprise-en-thailande\/","title":{"rendered":"Cr\u00e9er une entreprise en Tha\u00eflande : ce qu\u2019il faut savoir"},"content":{"rendered":"<section  class='av_textblock_section av-ks8kyyfa-e516bae24dd4ed4f78e7dedb0aea1067'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock breadcrumb'  itemprop=\"text\" ><nav aria-label=\"breadcrumbs\" class=\"rank-math-breadcrumb\"><p><span class=\"last\">Home<\/span><\/p><\/nav>\n<\/div><\/section>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='av_section_1'  class='avia-section av-re718-f933e9e3a470259eecd4d4692aaacea2 main_color avia-section-no-padding avia-no-border-styling  avia-builder-el-1  el_after_av_textblock  el_before_av_section  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-16829'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksd27few-1f8c384e085c379baccb5abbe326157c\">\n#top .hr.hr-invisible.av-ksd27few-1f8c384e085c379baccb5abbe326157c{\nheight:100px;\n}\n<\/style>\n<div  class='hr av-ksd27few-1f8c384e085c379baccb5abbe326157c hr-invisible  avia-builder-el-2  el_before_av_one_half  avia-builder-el-first  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div class='flex_column av-gmj0k-ac56bb06b98c278ca7684f46c4d7723e av_one_half  avia-builder-el-3  el_after_av_hr  el_before_av_one_half  first av-break-at-tablet flex_column_div '   ><p><section  class='av_textblock_section av-kscys0p5-d0fe1da2549b5d38fb08e5d3e4dbc794'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock sur-titre_bleu'  itemprop=\"text\" ><p>Legal<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lra90-9ab3f8d48a81ed396ae07bbaafa596f6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h1_bleu_post'  itemprop=\"text\" ><h1><b>Starting a Business in Thailand? Here\u2019s What to Know<\/b><\/h1>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-b3jfo-03f63b84c9a76d84e1713c05a87923fd\">\n#top .hr.hr-invisible.av-b3jfo-03f63b84c9a76d84e1713c05a87923fd{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-b3jfo-03f63b84c9a76d84e1713c05a87923fd hr-invisible  avia-builder-el-6  el_after_av_textblock  el_before_av_post_metadata '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1fxfaa0-c49fa684a6192235599f3a9c6aa1ca4f\">\n#top .av-post-metadata-container.av-1fxfaa0-c49fa684a6192235599f3a9c6aa1ca4f{\ncolor:#1a4367;\n}\n<\/style>\n<div  class='av-post-metadata-container av-1fxfaa0-c49fa684a6192235599f3a9c6aa1ca4f av-metadata-container-align-left  avia-builder-el-7  el_after_av_hr  el_before_av_hr  av-metadata-container-1'><div class='av-post-metadata-container-inner'><span class=\"av-post-metadata-content av-post-metadata-meta-content\"><span class=\"av-post-metadata-content av-post-metadata-modified\"><span class=\"av-metadata-before av-metadata-before-modified\">Latest Update : <\/span><span class=\"av-post-metadata-modified-date\" >septembre 18, 2025<\/span><\/span><span class=\"av-post-metadata-content av-post-metadata-separator\">- <\/span><span class=\"av-post-metadata-content av-post-metadata-published\"><span class=\"av-metadata-before av-metadata-before-published\">Published date : <\/span><span class=\"av-post-metadata-published-date\" >septembre 18, 2025<\/span><\/span><\/span><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-mza5y2-1af2c741a434e97c8a975f61732065a9\">\n#top .hr.hr-invisible.av-mza5y2-1af2c741a434e97c8a975f61732065a9{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-mza5y2-1af2c741a434e97c8a975f61732065a9 hr-invisible  avia-builder-el-8  el_after_av_post_metadata  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-lb329d7d-3f950f02b294bfa39eeb1b805d8d23d3\">\n#top .av_textblock_section.av-lb329d7d-3f950f02b294bfa39eeb1b805d8d23d3 .avia_textblock{\ncolor:#ffffff;\n}\n<\/style>\n<section  class='av_textblock_section av-lb329d7d-3f950f02b294bfa39eeb1b805d8d23d3'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock post_text_highlighting av_inherit_color'  itemprop=\"text\" ><p>TL;DR: <span style=\"font-weight: 400;\">Starting a business in Thailand offers great opportunities but comes with legal and compliance considerations. Under the Foreign Business Act Thailand, foreigners are usually limited to 49.99% ownership, but 100% foreign ownership is possible through BOI promotion, manufacturing, export-only companies, or the U.S.\u2013Thailand Treaty of Amity. Key risks include nominee shareholder crackdowns, visa and work permit Thailand requirements, and industry licenses. Company registration typically takes 1\u20132 weeks, with extra time for VAT and permits.<\/span><\/p>\n<\/div><\/section><\/p><\/div><div class='flex_column av-bmm5w-737f28be9bb008277e27311ae0eaf479 av_one_half  avia-builder-el-10  el_after_av_one_half  avia-builder-el-last  av-break-at-tablet flex_column_div '   ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kscy8en7-677086842bc95c660bb9cbb8d5752ce7\">\n.avia-image-container.av-kscy8en7-677086842bc95c660bb9cbb8d5752ce7 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-kscy8en7-677086842bc95c660bb9cbb8d5752ce7 av-styling- avia-align-center  avia-builder-el-11  avia-builder-el-no-sibling  radius_10 img'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-16831 avia-img-lazy-loading-not-16831 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2025\/09\/WhatsApp-Image-2568-09-16-at-14.06.58-1030x832.webp\" alt='Investment opportunities in Thailand' title='Investment opportunities in Thailand'  height=\"832\" width=\"1030\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2025\/09\/WhatsApp-Image-2568-09-16-at-14.06.58-1030x832.webp 1030w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2025\/09\/WhatsApp-Image-2568-09-16-at-14.06.58-300x242.webp 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2025\/09\/WhatsApp-Image-2568-09-16-at-14.06.58-768x621.webp 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2025\/09\/WhatsApp-Image-2568-09-16-at-14.06.58-1536x1241.webp 1536w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2025\/09\/WhatsApp-Image-2568-09-16-at-14.06.58-15x12.webp 15w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2025\/09\/WhatsApp-Image-2568-09-16-at-14.06.58-1500x1212.webp 1500w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2025\/09\/WhatsApp-Image-2568-09-16-at-14.06.58-495x400.webp 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2025\/09\/WhatsApp-Image-2568-09-16-at-14.06.58-845x684.webp 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2025\/09\/WhatsApp-Image-2568-09-16-at-14.06.58-705x570.webp 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2025\/09\/WhatsApp-Image-2568-09-16-at-14.06.58.webp 1600w\" sizes=\"(max-width: 1030px) 100vw, 1030px\" \/><\/div><\/div><\/div><\/div>\n\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='av_section_2'  class='avia-section av-3a8r8sf-104b63d9b06a901b648116e87f5a56ad main_color avia-section-no-padding avia-no-border-styling  avia-builder-el-12  el_after_av_section  el_before_av_section  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-16829'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-2yq2ty7-7b3d54cce20097145b0ebe290f1c0b27\">\n#top .hr.hr-invisible.av-2yq2ty7-7b3d54cce20097145b0ebe290f1c0b27{\nheight:100px;\n}\n<\/style>\n<div  class='hr av-2yq2ty7-7b3d54cce20097145b0ebe290f1c0b27 hr-invisible  avia-builder-el-13  el_before_av_one_full  avia-builder-el-first  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div class='flex_column av-2p3t4in-0fc14347ffb7c82350dd11278869d44f av_one_full  avia-builder-el-14  el_after_av_hr  avia-builder-el-last  first av-break-at-tablet flex_column_div '   ><p><section  class='av_textblock_section av-2254r27-2e2131946130608a954793d197b72f11'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_18'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Thailand has become a leading hub for foreign investment, attracting many different kinds of investors including entrepreneurs, SMEs and global corporations looking to start or relocate and start a Business in Thailand.<br \/>\nThailand\u2019s popularity is based upon its strong infrastructure, skilled workforce, and a government that is happy to welcome and support foreign investment by offering a wide range of incentives.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-1flin7j-7d8530e519f84d22de8d94e6e904dd5b'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_18'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">But while Thailand offers many exciting opportunities, Thailand\u2019s legal landscape can be difficult to understand. Thailand is also starting to actively crack down on the illegal use of Thai shareholders (nominees), immigration compliance, and tax rules. Understanding your options, such as full foreign ownership through BOI promotion or entering into properly structured joint ventures, has become increasingly more important. <\/span><\/p>\n<\/div><\/section><br \/>\n<div  class='avia-button-wrap avia-button-left  avia-builder-el-17  el_after_av_textblock  avia-builder-el-last  bouton-cta' ><a href=\"https:\/\/wa.me\/+66636955945\" class=\"avia-button av-rpwzzz-94c0d87d5691cb861d543a82706772cd avia-icon_select-yes-right-icon avia-size-large avia-position-left avia-color-theme-color\" target=\"_blank\" rel=\"noopener noreferrer\"><span class='avia_iconbox_title' >Talk to an expert<\/span><span class='avia_button_icon avia_button_icon_right' aria-hidden='true' data-av_icon='\uf232' data-av_iconfont='entypo-fontello'><\/span><\/a><\/div><\/p><\/div>\n\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4\">\n.avia-section.av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4{\nbackground-color:#fafafa;\n}\n<\/style>\n<div id='av_section_3'  class='avia-section av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4 main_color avia-section-default avia-no-border-styling  avia-builder-el-18  el_after_av_section  el_before_av_section  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-16829'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksd2ivxm-023071e5c33e5c283329416739e1beb3\">\n#top .hr.hr-invisible.av-ksd2ivxm-023071e5c33e5c283329416739e1beb3{\nheight:60px;\n}\n<\/style>\n<div  class='hr av-ksd2ivxm-023071e5c33e5c283329416739e1beb3 hr-invisible  avia-builder-el-19  el_before_av_two_third  avia-builder-el-first  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div class='flex_column av-fpevw-aab8acce1826d370629f645f34d6bd3b av_two_third  avia-builder-el-20  el_after_av_hr  el_before_av_one_third  first av-break-at-tablet flex_column_div '   ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-2aclui-2fabfe8b613831a5c849b3ef4e2a1686\">\n#top .av_textblock_section.av-2aclui-2fabfe8b613831a5c849b3ef4e2a1686 .avia_textblock{\ncolor:#ffffff;\n}\n<\/style>\n<section  class='av_textblock_section av-2aclui-2fabfe8b613831a5c849b3ef4e2a1686'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock post_text_highlighting av_inherit_color'  itemprop=\"text\" ><h2 style=\"text-align: left;\">Key Points<\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Foreign ownership in Thailand is restricted to 49.99% for over 50 business categories under the Foreign Business Act, though 100% foreign ownership is possible through BOI promotion, manufacturing, export-only businesses, Representative Offices, or the US-Thailand Treaty of Amity.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The use of nominee Thai shareholders is illegal and under increasing government scrutiny.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Work permits are mandatory for foreigners working in Thailand, with most companies required to employ 4 Thai staff and maintain 2 million THB in paid-up capital per foreign employee (reduced requirements apply for BOI companies).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">BOI (Board of Investment) promotion offers significant advantages including 100% foreign ownership, tax exemptions, and simplified visa processes and reduced requirements.<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-893pgz-417cf0891102d15fa8bff673921feb47\">\n#top .hr.hr-invisible.av-893pgz-417cf0891102d15fa8bff673921feb47{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-893pgz-417cf0891102d15fa8bff673921feb47 hr-invisible  avia-builder-el-22  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-kscytnto-6f8bd4ca8aa4b5f4311495ee3b7802c6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Company Ownership Restrictions<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-8ohy4-ba2bc652f51fc02aca7b4faa3ec86cd2'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">While Thailand actively looks to attract foreign businesses, there are certain business activities which are reserved for Thai nationals only. The Foreign Business Act (FBA) was introduced as a way to govern business activities involving foreign nationals and entities.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mdo73n7v-8d3dcfcd2f42ab734517bc39dd90c4e2'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">The FBA restricts foreigners or foreign owned companies from undertaking over 50 categories of business activities in Thailand. For these 50 restricted activities foreign ownership of a limited company is capped at a maximum of 49.99% (unless an FBL or a BOI promotion has been obtained). If 50% or more of the shares of a company are owned by a foreigner, it is considered a foreign company.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfdp5lk5-a5ce7876f5269c7072927ece9226a5c1'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Read more:<\/span><\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/foreign-business-act-in-thailand\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Understanding the Foreign Business Act in Thailand<\/span><\/a><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1t2khoa-fab8689ad358047e7c82a6868a60650c\">\n#top .hr.hr-invisible.av-1t2khoa-fab8689ad358047e7c82a6868a60650c{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-1t2khoa-fab8689ad358047e7c82a6868a60650c hr-invisible  avia-builder-el-27  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mde7exf4-5f62bc650f73ca7d9877967c9f984417'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Are Nominee Shareholders Legal in Thailand?<\/h2>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-7aiz9rx-ff3470cc407633a1d5ff7c70fe31a2d3\">\n#top .hr.hr-invisible.av-7aiz9rx-ff3470cc407633a1d5ff7c70fe31a2d3{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-7aiz9rx-ff3470cc407633a1d5ff7c70fe31a2d3 hr-invisible  avia-builder-el-29  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfdp5zpl-e5ee349523ded17c2c7074b46e387101'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">The use of nominee shares in Thailand is expressly prohibited by Section 36 of the Foreign Business Act.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A nominee shareholder can be described as an individual who:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Lacks genuine interest in the business.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Has made no significant investment in the company.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Lacks the financial means and skills to be a legitimate partner.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Exists solely to facilitate foreign participation in restricted businesses.<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnu3w2p-d0fbcda9031347475c422a5afe7b0c19'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">For example, appointing an unskilled Thai worker with a modest income as a majority shareholder in a company with substantial registered capital while simultaneously denying them voting and dividend rights.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnu52l6-19997ebeb8a028b4d1741e099863aaf9'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">The illegal use of nominee shareholders has become a major area of focus for the Department of Business Development. The DBD recently launched a campaign to crackdown on companies using illegal nominee shareholders. The DBD has set a target of inspecting approximately 46,000 companies suspected of using nominee shareholders.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnu45n9-b4115bdad3ec22479e975b255cc99d15'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">This development has made it more important than ever to make sure your company has been\u00a0 legitimately set up. To try and mitigate the risks associated with nominee shareholders, companies should consider the following.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnu4sw8-51a62f0c1cae76dd93d1fdd4c9c4012d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">When starting a company in Thailand, the first step should always be to check for BOI eligibility and try to obtain 100% foreign ownership when possible. If a BOI promotion is not possible, the company could also consider applying for a Foreign Business Licence or setting up a Representative Office, which still permits full foreign ownership.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnu4hcl-d9c0fc210cab60f2a1ed76ee952abb23'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">If 100% foreign ownership is not possible and the business requires a Thai partner, it\u2019s essential to ensure the structure is legitimate and properly documented. This includes confirming that Thai shareholders have invested directly into the company with clear evidence of a bank transfer, that their financial and professional background aligns with the company\u2019s activities, and that they receive dividends if the company is profitable.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnu59yd-31770272cdc2f735a240a344fbb5cec9'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">In practice, if the setup involves genuine local partners and all supporting documents are in order, any investigation by authorities should be straightforward and resolved without legal consequences.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-6l9hi2l-6b44bc8a9ac26a53c9e7610dea7b6648\">\n#top .hr.hr-invisible.av-6l9hi2l-6b44bc8a9ac26a53c9e7610dea7b6648{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-6l9hi2l-6b44bc8a9ac26a53c9e7610dea7b6648 hr-invisible  avia-builder-el-37  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfnu5jfp-1ecd721722316dc444de9f62276fbf6d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Can a Foreigner Own 100% of a Business in Thailand?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mde7frcf-aa453b5718489446185c7d4354c833ff'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">For foreigners looking to start a business in Thailand, being able to have 100% foreign ownership is one of the biggest concerns and one of the first questions asked.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Under Thai law, it is possible for companies to be 100% foreign owned, however, depending on the business activities undertaken by the company, there may be restrictions to foreign ownership as per the Foreign Business Act.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Potential options for 100% ownership as foreigner includes:<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-9tn2ou7-0752a6b12d476bbb8ec88383c0c3d51b\">\n#top .hr.hr-invisible.av-9tn2ou7-0752a6b12d476bbb8ec88383c0c3d51b{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-9tn2ou7-0752a6b12d476bbb8ec88383c0c3d51b hr-invisible  avia-builder-el-40  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfdp6x62-c6f773a42c973d309d0fb65de8fe9855'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>Export Companies<\/h3>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-9fk1y2n-4f028fc8ba3f76fe646417dba92731f4\">\n#top .hr.hr-invisible.av-9fk1y2n-4f028fc8ba3f76fe646417dba92731f4{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-9fk1y2n-4f028fc8ba3f76fe646417dba92731f4 hr-invisible  avia-builder-el-42  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfamb5z1-6bee24e4b38dd135b98a75eaa9f3e3e8'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Thailand encourages exports, and companies that exclusively export products outside Thailand can be 100% foreign owned. Foreign owned export companies must make sure their operations and revenue are only earned abroad, and they can\u2019t sell any products directly to the Thai domestic market.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-3sgmcq3-d657d4b7fd7c968bf496c43a7f577702\">\n#top .hr.hr-invisible.av-3sgmcq3-d657d4b7fd7c968bf496c43a7f577702{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-3sgmcq3-d657d4b7fd7c968bf496c43a7f577702 hr-invisible  avia-builder-el-44  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfdp82n4-dfff896505bbb19a53553dd8fda49c73'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>Manufacturing Companies<\/h3>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-93c6wcf-b465f6b2d96f8f78776352ced3dc0398\">\n#top .hr.hr-invisible.av-93c6wcf-b465f6b2d96f8f78776352ced3dc0398{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-93c6wcf-b465f6b2d96f8f78776352ced3dc0398 hr-invisible  avia-builder-el-46  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfdp8dds-4bc682db817956583771bd5995d0ba8a'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Manufacturing is another business activity that is not restricted for foreign ownership meaning companies can generally be 100% foreign-owned in Thailand. This allows foreign investors to own and operate manufacturing businesses without needing a Thai partner.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfdp8qfr-039bdd81da4f0f7d21567ec0b70c443d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">However, there are certain items that are restricted and cannot be manufactured by foreign owned businesses. For example, firearms, military equipment, certain cultural goods, or products affecting national resources<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfdp94nw-83cce9b04e054f0c2655cc38cfa38a41'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Manufacturing companies may also be eligible for a BOI promotion, making them even more attractive. BOI promotions offer many advantages including different types of tax exemptions including Corporate Income Tax exemptions and tax exemptions on import of machinery. BOI promotions can also allow full foreign ownership and the ability to own land which can be used for their factory etc.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-8ns2af3-3a5d1cfc758a38b50c17f5d99c9de8fb\">\n#top .hr.hr-invisible.av-8ns2af3-3a5d1cfc758a38b50c17f5d99c9de8fb{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-8ns2af3-3a5d1cfc758a38b50c17f5d99c9de8fb hr-invisible  avia-builder-el-50  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfdpba5s-3cbc177a5b82449a3c50f3bc8ad3aaf5'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>BOI (Board of Investment)<\/h3>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-7xebm7z-3772c39bd666c131487e1d8b7df47e80\">\n#top .hr.hr-invisible.av-7xebm7z-3772c39bd666c131487e1d8b7df47e80{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-7xebm7z-3772c39bd666c131487e1d8b7df47e80 hr-invisible  avia-builder-el-52  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfdpbjps-7fc5a4731b276da786e5c9878fdef9f6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">The Board of Investment (BOI) is a Government agency who aims to help promote foreign investment in Thailand through the provision of attractive benefits for eligible companies in targeted industries that support Thailand\u2019s economic development goals.\u00a0<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfdpbyq3-63be8159418a0ed46ab07fd8c684bd0d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">BOI companies who have obtained a BOI promotion are eligible for:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">100% foreign ownership,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Potential tax exemptions,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">simplified visa processes, and\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">work permits for foreign employees. <\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfdpkeho-44f3dc2c6c00b4f9de83016ca4c4953d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">To be eligible for a BOI promotion, the business activities of the company must align with BOI-promoted sectors, which include technology, software, BPO, services, manufacturing, green energy, and more.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnu89na-07bade521d18453b4491cf56857c1b30'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Many foreign investors mistakenly think that the BOI is only available to projects which are technologically advanced or with a heavy emphasis on technology, however, this is not the case and the BOI offers promotions for many different business activities. We always recommend the first step for a foreign investor in Thailand is check whether your company is eligible for a BOI promotion.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnu8t1r-30d987fcaed4f024819b33c593fbd359'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Read more:<\/span><\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/why-a-boi-promotion-can-help\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Why a BOI Promotion in Thailand Can Help Your Business<\/span><\/a><\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/boi-business-activities\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Discover the Qualifying Business Activities for a BOI Promotion in Thailand<\/span><\/a><\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/understanding-boi-company-formation\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Understanding BOI Company Formation Step-by-Step guide<\/span><\/a><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-7hthadb-b203c83d3450507b66b77e12b3a8ed7b\">\n#top .hr.hr-invisible.av-7hthadb-b203c83d3450507b66b77e12b3a8ed7b{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-7hthadb-b203c83d3450507b66b77e12b3a8ed7b hr-invisible  avia-builder-el-58  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfdpgq7t-4693de748bb5525113c81ae6701d183c'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>Representative Offices<\/h3>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-79ba1y7-dea0ebf29e08f44ae9a2713d9b312acd\">\n#top .hr.hr-invisible.av-79ba1y7-dea0ebf29e08f44ae9a2713d9b312acd{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-79ba1y7-dea0ebf29e08f44ae9a2713d9b312acd hr-invisible  avia-builder-el-60  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfdpd907-86addf603fbc485d8524f9138cf3d3ec'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">A Representative Office is an option that provides 100% foreign ownership for companies who would like a local presence and do not undertake any commercial activities.\u00a0<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfdpdhg5-bdc505941a2fe474acee24fde4a530a4'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Representative offices are limited to specific activities, such as market research, product sourcing, and customer support on behalf of a parent company abroad. Representative Offices can be 100% foreign-owned, they are not able to generate revenue in Thailand.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfdpdujo-66fd7dbdd677796bff09fdc83f82d988'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Representative Offices are a suitable option for companies needing a base in Thailand to support regional activities, improve brand visibility, or undertake market research without engaging in direct sales.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfdpe8be-2b294e5c29f2e9a4d2eb8924ede25a6d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Read more:<\/span><\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/benefits-representative-office\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Exploring the Benefits of a Representative Office<\/span><\/a><\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/representative-office-branch-office-thailand\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Representative Office Vs Branch Office in Thailand<\/span><\/a><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-okhx9b-ef281158ea2288309111b4af515084ad\">\n#top .hr.hr-invisible.av-okhx9b-ef281158ea2288309111b4af515084ad{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-okhx9b-ef281158ea2288309111b4af515084ad hr-invisible  avia-builder-el-65  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfdplu2w-6a608488c7d3b0aefaa21030d28c81ac'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>Treaty of Amity<\/h3>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-6d90zgf-de84ed90bf2379f73a9c0a19457a96ed\">\n#top .hr.hr-invisible.av-6d90zgf-de84ed90bf2379f73a9c0a19457a96ed{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-6d90zgf-de84ed90bf2379f73a9c0a19457a96ed hr-invisible  avia-builder-el-67  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfdper00-3c85b7e01de6bac71f4cfc69197bc0d6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">The U.S.-Thailand Treaty of Amity allows 100% foreign ownership for American citizens and companies. As well as 100% foreign ownership, the Treaty of Amity also grants American nationals the right to own and operate businesses with nearly equal benefits to Thai nationals.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfdpeyfd-de37de566bfb169b76e3a466ceae9f77'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Under this treaty, American-owned businesses are exempt from foreign ownership restrictions, with some exceptions in areas like land ownership and certain regulated sectors.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Read more:<\/span><\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/thai-us-treaty-of-amity\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">The Thai-U.S. Treaty of Amity: Everything You Need to Know<\/span><\/a><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-500h98f-e3757a8bb9d8bccb8362fb85cbca97d7\">\n#top .hr.hr-invisible.av-500h98f-e3757a8bb9d8bccb8362fb85cbca97d7{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-500h98f-e3757a8bb9d8bccb8362fb85cbca97d7 hr-invisible  avia-builder-el-70  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfdpokkn-fc5cb916c61f0168342a1aba1a0aeeca'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Complex Regulatory Environment<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mde7j11w-e375dbdf26dd2b3530f0ee09bcb24afa'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Starting a business in Thailand will most likely require obtaining a business license or permit to operate legally.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thailand requires a range of business licenses for different types of commercial activities. TThe specific licenses needed depend on the company&#8217;s business activities. Below is an overview of both general and industry-specific licenses commonly required by businesses:<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-hl6ura-f9d5be1d3df2b104c0d62cdf5ae4477f\">\n#top .hr.hr-invisible.av-hl6ura-f9d5be1d3df2b104c0d62cdf5ae4477f{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-hl6ura-f9d5be1d3df2b104c0d62cdf5ae4477f hr-invisible  avia-builder-el-73  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfdpp8ym-422ccb3972e442728e7474602c1059cb'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>General Business Licenses<\/h3>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-46u01hb-ebf6c54ebfc36ee777c48536e5022548\">\n#top .hr.hr-invisible.av-46u01hb-ebf6c54ebfc36ee777c48536e5022548{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-46u01hb-ebf6c54ebfc36ee777c48536e5022548 hr-invisible  avia-builder-el-75  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfambw58-3b2928070ad2b193b102d1de0666da15'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Restaurant License: Required to run any establishment (whose premises are a minimum of 200 sqm) that serves food to the public. A certification of notice is required for any Thai restaurants whose premises are below 200 sqm.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Import\/Export License: Needed by businesses that engage in bringing goods into or shipping products out of Thailand.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-dfr1z3-e5df0571d619000a3cc59fd5f2bb3027\">\n#top .hr.hr-invisible.av-dfr1z3-e5df0571d619000a3cc59fd5f2bb3027{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-dfr1z3-e5df0571d619000a3cc59fd5f2bb3027 hr-invisible  avia-builder-el-77  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfdprd0c-eef9a925626319f257a6870b96ddbe40'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>Licenses for Regulated Industries<\/h3>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-3bd05a7-11d904d9aaddc8514a42f8bf81c45f97\">\n#top .hr.hr-invisible.av-3bd05a7-11d904d9aaddc8514a42f8bf81c45f97{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-3bd05a7-11d904d9aaddc8514a42f8bf81c45f97 hr-invisible  avia-builder-el-79  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfdpq41e-75395f8c9ea8264e24d931057ad8e25c'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Tourism License: Required for companies who offer travel services, including tour operators and travel agencies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Education License: Required to legally operate educational institutions, such as private schools or language academies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Financial Services License: Required for entities offering financial products or services, including banks, insurance firms, and similar providers.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfdprya2-44b21c8bdb4602e511b7d88886fdbf64'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Please note, general business licences are different from the previously mentioned Foreign Business Licence. General business licences, for example, an Import licence is required by all companies, even fully Thai companies. A foreign business licence is only required by foreign owned businesses who wish to engage in business activities that are restricted under the Foreign Business Act.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfdpszic-743baf40e94bcf448ec6a10a0bc27ab4'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Read more:<\/span><\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/business-licences-in-thailand\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Business licences in Thailand<\/span><\/a><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-35a9hmn-1c2a7b69800cb0e55c1951100eb15ac1\">\n#top .hr.hr-invisible.av-35a9hmn-1c2a7b69800cb0e55c1951100eb15ac1{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-35a9hmn-1c2a7b69800cb0e55c1951100eb15ac1 hr-invisible  avia-builder-el-83  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-m8foyfeu-71947efd2d6eb09c93152cb9ca5dcba5'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Work Permits and Visa Challenges<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mdo7b063-be08e5efdc07b6faae707ff90b460b0e'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Work permits are a mandatory document for any foreigner working or who intends to work in Thailand. Failure to obtain a valid work permit could result in punishments for the offending foreigner and the company they work for who failed to obtain a work permit.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfamcqka-add983c47e61e773f8f5dc75fe3b4987'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">There are certain exceptions to this, for example holders of the Destination Thailand Visa (DTV) or the Long Term Residency Visa (LTR) under the Work from Thailand category. While holders of these visas do not require a work permit, they are restricted in the type of work they can undertake in Thailand.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfdpz847-b8179e8365e7c3d15b1c9bce077b6645'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">DTV holders can only provide services or undertake work for clients or customers outside of Thailand only. LTR visas are also restricted to working for clients and providing services outside of Thailand, but holders of this visa must work for an established company and satisfy strict application requirements.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfamcwum-b64b550784e05e2ce616dd4b3bf704b0'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>One important consideration is that directors and shareholders don&#8217;t require a work permit if they do not engage in any work activities. However, Thailand has a very broad definition of work and even things such as signing documents on behalf of your company in Thailand could be considered as work and requires a work permit.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfdpzg6p-d443c9adf3af7aba734af5aba1f47142'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Directors and shareholders should be aware that the following visa types do not allow the holder to obtain a work permit, and therefore cannot undertake any work:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tourist Visa,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Education Visas,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Dependant Visas (with the exception of a dependant under the LTR visa),\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Elite Visa,<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Retirement Visa.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">If the director holds one of these visa types and wishes to engage in work, they will be required to change to a visa type that supports work permits, usually the Non-Immigrant B visa.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-2fnm19s-7c7d5f8ce606295d6593227988bef52e\">\n#top .hr.hr-invisible.av-2fnm19s-7c7d5f8ce606295d6593227988bef52e{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-2fnm19s-7c7d5f8ce606295d6593227988bef52e hr-invisible  avia-builder-el-90  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-m91136ax-3d8fddac0aad371aedade7d0fc3e31df'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>What are the Requirements for Obtaining Work Permits for Foreign Staff?<\/h3>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-16bvbsv-fed8cd6fc3a183c9b40bfb48d9cddcc2\">\n#top .hr.hr-invisible.av-16bvbsv-fed8cd6fc3a183c9b40bfb48d9cddcc2{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-16bvbsv-fed8cd6fc3a183c9b40bfb48d9cddcc2 hr-invisible  avia-builder-el-92  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mbt4qw4g-3f675a267f01f2a8aed700aa1fad28a4'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">For businesses operating in Thailand, understanding the process of hiring foreign employees requires careful consideration. Thailand&#8217;s work permit system is designed to balance international expertise with creating and supporting local employment opportunities.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Depending on your company structure, there are different rules and requirements for supporting a work permit.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Read more:<\/span><\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/work-permits-ultimate-guide\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Work permits in Thailand<\/span><\/a><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mdo7fpw0-d858255dc4fb86d7ed5074eaafe99061'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h4><strong>Thai Limited Companies<\/strong><\/h4>\n<p><span style=\"font-weight: 400;\">Companies who wish to support a work permit for a foreign employee must be able to satisfy the following conditions before being able to hire foreign employees:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The company must be registered in Thailand<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Registered for VAT<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">4 Thai employees must be employed by the company per foreign employee<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The company must have a minimum paid-up capital of THB 2 million per foreign employee. However, certain exceptions are available for Representative Offices and BOI companies.<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mdo7jcqd-664db52eb4b39e1a0f63451a3ac26e99'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">If the foreign employee is married to a Thai national, the work permit requirements are halved i.e the company will only need 2 Thai employees and 1 million THB in paid up capital.<\/span><\/p>\n<h4><\/h4>\n<p><span style=\"font-weight: 400;\">Read more:<\/span><\/p>\n<h4><\/h4>\n<p><a href=\"https:\/\/belaws.com\/thailand\/work-permit-requirements\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">How Many Thai Staff are Required to Support a Work Permit?<\/span><\/a><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfdq0m6i-83c47eab90b5c00149e3b1e99ac5041a'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h4><strong>BOI Promoted Companies<\/strong><\/h4>\n<p><span style=\"font-weight: 400;\">One of the main advantages for companies promoted by the BOI is that they are not subject to the same visa and work permit requirements as other company structures. For example, BOI promoted companies are not restricted by the same 2 million THB is paid up and capital and a minimum of 4 Thai staff per work permit.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnui0hp-552dc55fde4cdc2d5547e2b54f91325d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Foreigners employed at a BOI-promoted company can obtain their BOI visa and work permits from the One Stop Service Centre instead of the Labour or Immigration offices. The applicant process for applying for a work permit and visa is significantly different when compared to a Thai Limited Company.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnui85l-352e2419ea1e76d55bfd683ead6ed8b2'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">In order for a BOI promoted company to be able to hire foreign staff, they must register their company into the Single Window for Visas &amp; Work Permits system. Registration on the Single Window system will allow the company to make future requests for foreign workers.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnuieqd-827a2fdabc0fc0509fbc82d9d8a0fdb8'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">BOI visa and work permits require pre approval before being issued, this is obtained by submitting all the required information via the BOI\u2019s online Single Window system, typically pre approval can take 1-2 months. Once pre-approval has been granted, the applicant can collect their visa and work permit from the One Stop Service Centre and can be completed in a day. <\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnuiq94-19e2205ef80610b23a459a5e1c4bdbe4'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h4><strong>Representative Offices<\/strong><\/h4>\n<p><span style=\"font-weight: 400;\">Representative Offices in Thailand are also subject to a reduced ratio for hiring foreign employees. In order for a Representative Office to hire a foreign employee, they must satisfy the ratio of 1:1 (1 Thai employee per foreign employee). While there is a reduced employee ratio, Representative Offices are still required to have a paid up minimum capital of 2 million THB per employee.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, a Representative Offices can only hire up to 3 foreign employees in practice.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1gljd92-0b96774d57bd9c3f935906b1e0dcee6c\">\n#top .hr.hr-invisible.av-1gljd92-0b96774d57bd9c3f935906b1e0dcee6c{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-1gljd92-0b96774d57bd9c3f935906b1e0dcee6c hr-invisible  avia-builder-el-101  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-28g0qe-ff5fae316dae0cd5cc84c22695f41bc6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Labor Market and Hiring Restrictions<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mdo86slm-4197b4c238b5353833d41d260566f79b'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Thailand has introduced strict quotas on hiring foreign staff to encourage local employment and protect job opportunities for Thai nationals. As outlined earlier, most companies must employ at least four Thai employees per one foreign employee, and maintain a minimum of THB 2 million in paid-up capital for each foreigner hired (unless a BOI promotion has been obtained). These restrictions can limit the ability of smaller companies or startups to be able to hire or support work permits for foreign employees.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnuk08q-42e800fc0f781a032ada5955fc14df44'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">In addition to these quotas, certain jobs are &#8220;prohibited&#8221; to foreign workers. These restricted jobs are generally roles that can easily be filled by Thai citizens, such as administrative work, sales, and manual labor. Companies must therefore ensure that foreign employees are engaged in roles that are permitted under Thai law.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-62sr15p-4f2ad5a55b075066f9a59bfd807b5898\">\n#top .hr.hr-invisible.av-62sr15p-4f2ad5a55b075066f9a59bfd807b5898{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-62sr15p-4f2ad5a55b075066f9a59bfd807b5898 hr-invisible  avia-builder-el-105  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfnukg8s-38f2c73308839b4c6e88779f98963fb4'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>High Cost of Skilled, Multilingual Local Employees<\/h3>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-5svenvh-f7258b8a255d162510ebc5bdf533805c\">\n#top .hr.hr-invisible.av-5svenvh-f7258b8a255d162510ebc5bdf533805c{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-5svenvh-f7258b8a255d162510ebc5bdf533805c hr-invisible  avia-builder-el-107  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfnukpnx-0a4fa78034b292b03ad8a1648672e276'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Hiring foreign professionals in Thailand is much more expensive than hiring local staff. In addition to the minimum wage being significantly higher for foreign employees (foreigners from the USA, Canada, Western Europe, Australia, and Japan may be required to earn a minimum of THB 50,000 per month), businesses must consider costs associated with work permit applications, visa fees, and administrative fees.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnul55f-b858129b058e9910dc047d150266938d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Furthermore, highly skilled, multilingual Thai professionals are in high demand and will request higher-than-average salaries. The high demand for such local employees, especially in niche industries, can further increase the operating costs for foreign businesses in Thailand.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-56xtlel-0b374a0e9f117214e91958ace0c1d95a\">\n#top .hr.hr-invisible.av-56xtlel-0b374a0e9f117214e91958ace0c1d95a{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-56xtlel-0b374a0e9f117214e91958ace0c1d95a hr-invisible  avia-builder-el-110  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfnuljpy-b1f9f53c12fb6c4d8dd2f9e1fbd4392e'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>PEO Services (Professional Employer Organizations)<\/h3>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-4y4nzgd-2bcd3e03fc70df4ca760363aeddd57b5\">\n#top .hr.hr-invisible.av-4y4nzgd-2bcd3e03fc70df4ca760363aeddd57b5{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-4y4nzgd-2bcd3e03fc70df4ca760363aeddd57b5 hr-invisible  avia-builder-el-112  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfnulv1h-ea17157fbc71d579efe5100672c039ce'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">A Professional Employer Organization service (an Employer of Record), offers a quick and efficient option for entering the Thai market. A PEO provides help provide assistance with the work permit process for employees and managing the accounting and payroll responsibilities.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnumane-77597832f4197a1c53f21f57cedeb0ca'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">PEO services offer an efficient solution for companies and individuals looking to enter the Thai market and begin their operations immediately, while undertaking the company registration process.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnum1d1-093735174a660f4cda46a99e97fd6264'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">For businesses testing the Thai market or undertaking a short-term project, PEO services offer a cost-effective and flexible alternative to setting up a company. Unlike establishing a legal entity, which requires a lot of mandatory obligations such as monthly accounting, tax filings, annual audits, and the preparation of financial statements, a PEO can significantly reduce these administrative requirements.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnums1w-ce593fccf9965468c8fda38f3e8fe4a4'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">In addition, foreign investors setting up a company in Thailand must meet strict requirements to support a work permit such as the previously mentioned quotas. With a PEO, these requirements are managed by the provider, allowing the foreign professional to begin working in Thailand as soon as their work permit is approved.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnun2gb-9fd059a31876e2eb268b2f7307d90e37'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Once the client\u2019s company is fully established and operational, they can transfer their work permit from the PEO provider to their new entity, ensuring continuity and compliance throughout the transition.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Read more:<\/span><\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/5-reasons-why-peo-services\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">5 Reasons Why PEO Services in Thailand Could Be Cost-Effective Solutions for Small Businesses<\/span><\/a><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-48zc8zh-cf26ae0acefa3fccd258b2c1a6ca9b97\">\n#top .hr.hr-invisible.av-48zc8zh-cf26ae0acefa3fccd258b2c1a6ca9b97{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-48zc8zh-cf26ae0acefa3fccd258b2c1a6ca9b97 hr-invisible  avia-builder-el-118  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfnuneuw-8777c3cd495afea79d7e8dce1ed061e7'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Operational Hurdles for Foreign Businesses<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnunm37-28614bfb89f4678c9f38a2e79d891c92'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">While Thailand is considered to be a friendly location for foreign investment, there are some hurdles that are faced by almost every foreign investor in Thailand.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-3qdd5y5-fb5e2d3aec319c4fff1d3047aa0fe0d8\">\n#top .hr.hr-invisible.av-3qdd5y5-fb5e2d3aec319c4fff1d3047aa0fe0d8{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-3qdd5y5-fb5e2d3aec319c4fff1d3047aa0fe0d8 hr-invisible  avia-builder-el-121  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfnuo3qh-e5176ae8d25d72a43b2056d4fc4166a0'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>How long does it take to register a business in Thailand?<\/h3>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-16ipkt-675eb8a116906a75893dc6153973a5f4\">\n#top .hr.hr-invisible.av-16ipkt-675eb8a116906a75893dc6153973a5f4{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-16ipkt-675eb8a116906a75893dc6153973a5f4 hr-invisible  avia-builder-el-123  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfnuotay-7dd46e0327e164badf0c5ecb218eddc6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">For most foreign entrepreneurs, registering a <a href=\"https:\/\/belaws.com\/thailand\/incorporation\/register-limited-company\/\">Thai Limited Company<\/a> is a straightforward process. Standard company registrations are typically completed within 1\u20132 weeks, provided all required documents are prepared and submitted correctly.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnup019-b351806755423626cbb7cc5f636c958f'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">In some cases, the process can be even faster, basic setups may be finalised in as little as five business days. However, timelines can also extend significantly for more complex structures, such as companies applying for <a href=\"https:\/\/belaws.com\/thailand\/why-a-boi-promotion-can-help\/\">BOI promotion<\/a>, where additional approvals and compliance checks are required. In these cases, processing may take several months, depending on the business activity, government review periods, and how quickly supporting documentation is provided.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnup5gs-326d94b70b2366745f8e5b4b6818cf95'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Planning ahead and working with experienced legal advisors helps avoid unnecessary delays and ensures your company is registered within the desired timeframe.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-31q75fh-60dd529bde9fbcc176083e6de7894e88\">\n#top .hr.hr-invisible.av-31q75fh-60dd529bde9fbcc176083e6de7894e88{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-31q75fh-60dd529bde9fbcc176083e6de7894e88 hr-invisible  avia-builder-el-127  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfnupksz-3b2394df73d11fcc60d069593520a5e0'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>Banking and Opening a Corporate Account<\/h3>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-9ffkyl-e3b1706db9208ce4a47c5b5e7ac42a28\">\n#top .hr.hr-invisible.av-9ffkyl-e3b1706db9208ce4a47c5b5e7ac42a28{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-9ffkyl-e3b1706db9208ce4a47c5b5e7ac42a28 hr-invisible  avia-builder-el-129  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfnuq54o-270bb3da0331d618b9289732a976b260'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Opening a corporate bank account in Thailand is normally a very straightforward process. Banks in Thailand are a lot less strict when compared to other countries as they usually do not challenge your business model or require lots of information about your intended business activities or operations.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnuqfyn-1fa806ee171fee3c7794d6e3dc29b7af'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Opening a corporate bank account is a relatively quick process and will take approximately 2 hours.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When Starting a business in Thailand you must <a href=\"https:\/\/belaws.com\/thailand\/open-a-company-bank-account\/\">open a bank account<\/a>, the application must be made by one of the company\u2019s directors. While this seems like a straightforward requirement, it may be problematic for companies who only have foreign directors.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnuqsc8-efbe1efdb59187b6607bf9507f756703'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Updated regulations are making it harder for foreign directors to open a company bank account unless they hold a long-term visa, such as a Non-Immigrant B visa with a work permit or an LTR visa.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If a foreign director does not have the correct visa, the bank is likely to decline the application. If the applicant is lucky and an account is allowed to be opened, it may be restricted to a savings or deposit account for specific purposes, such as depositing registered capital when establishing a new company<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnur1go-2e761197bdc4c8a9e1bc2a02f4360136'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">In such a situation, it is often easier in practice to have a local Thai director open the bank account. However, companies must be careful when appointing a Thai director, as they will also be legally liable for the company.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Recently, Thai authorities have become a lot stricter about appointing nominee directors to help foreigners avoid these regulations. Therefore, any Thai director involved in the business should have a genuine role and responsibility within the company.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-2am79gd-805c5908d1e110dc3a2150d4e82ae6cd\">\n#top .hr.hr-invisible.av-2am79gd-805c5908d1e110dc3a2150d4e82ae6cd{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-2am79gd-805c5908d1e110dc3a2150d4e82ae6cd hr-invisible  avia-builder-el-134  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfnurlia-e3bbfbe045bb498cb9fd9f7adb085296'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>Accounting &amp; Tax Filing Requirements<\/h3>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1ry0vh9-3f2625e7e7560c144acb958cfda005d8\">\n#top .hr.hr-invisible.av-1ry0vh9-3f2625e7e7560c144acb958cfda005d8{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-1ry0vh9-3f2625e7e7560c144acb958cfda005d8 hr-invisible  avia-builder-el-136  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mfnurv6g-5abe8235f13873a8cad89368c404c9f1'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Every company registered in Thailand is subject to tax and accounting obligations. At the very minimum Thai companies must file a half year tax submission report, prepare annual financial statements, appoint an auditor and file the corporate income tax return together with the audited financial statements with the Revenue Department every year. <\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnusztr-4e07bb967c601df270a2977ccb81333a'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">This is also a mandatory requirement for all companies, even those considered dormant or didn\u2019t make any transactions or conduct any business over the past year.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Read more:<\/span><\/p>\n<p><a href=\"https:\/\/belaws.com\/thailand\/annual-closing-thailand\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">How to Complete the Annual Closing Process for Company Accounts (Year-End Closing)<\/span><\/a><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnutleh-8bb257889d0c6d6de5d279c7ba5d7107'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h4><strong>BOI Accounting and Tax Filing Requirements<\/strong><\/h4>\n<p><span style=\"font-weight: 400;\">BOI promoted companies face stricter regulatory requirements and specific reporting obligations.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is essential that the accounting for BOI promoted companies is properly done, as authorities will examine your financial records in detail to make sure that the company is complying with its promotion requirements.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnutrvy-d1a53363f5bae23d2dbca441f885eb4f'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Failing to properly deal with accounting as a BOI promoted company can have serious consequences such as:<\/span><\/p>\n<h4><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tax audits and penalties<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Suspension or loss of <a href=\"https:\/\/belaws.com\/thailand\/boi-tax-privileges-for-developing-housing\/\">BOI privileges<\/a> (tax exemptions and the ability to obtain new permits or apply for work permit renewals)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Risk of promotion cancellation<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-z2x1dp-fc9b5fc687ef08e9ab26e78096a0796d\">\n#top .hr.hr-invisible.av-z2x1dp-fc9b5fc687ef08e9ab26e78096a0796d{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-z2x1dp-fc9b5fc687ef08e9ab26e78096a0796d hr-invisible  avia-builder-el-141  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-k6q1z1-3e71def6c3fe9e2244dcaf495ae5f699'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>How can Belaws help?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-mfnuu6wb-9c75b906cfe4cdbb9adc9661baf0bcda'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>For more information about starting a business in Thailand, why not talk to one of our experts now?<\/p>\n<\/div><\/section><br \/>\n<div  class='avia-button-wrap avia-button-left  avia-builder-el-144  el_after_av_textblock  el_before_av_textblock  bouton-cta' ><a href=\"https:\/\/wa.me\/+66636955945\" class=\"avia-button av-2jecc0-9f69b555aea8f785c4fda44efe1a4647 avia-icon_select-yes-right-icon avia-size-large avia-position-left avia-color-theme-color\" target=\"_blank\" rel=\"noopener noreferrer\"><span class='avia_iconbox_title' >Talk to an expert<\/span><span class='avia_button_icon avia_button_icon_right' aria-hidden='true' data-av_icon='\uf232' data-av_iconfont='entypo-fontello'><\/span><\/a><\/div><br \/>\n<section  class='av_textblock_section av-202agu-c2abc468d489a64dbd7aa9abcb6a5ea1'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>If you want to learn more about Moving to Thailand and how our experts can help with your accounting and secretary needs, please click <a href=\"https:\/\/belaws.com\/thailand\/accounting-secretary\/\" target=\"_blank\" rel=\"noopener\">here<\/a>. For more details about our incorporation services, please click<a href=\"https:\/\/belaws.com\/thailand\/incorporation\/\" target=\"_blank\" rel=\"noopener\">\u00a0here.<\/a><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-q93pwe-6d5bb40d417741c03ce1e2231424ffaa'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><em>Please note that this article is for information purposes only and <strong>does not constitute legal advice<\/strong>.<\/em><\/p>\n<\/div><\/section><br \/>\n<div  class='av-social-sharing-box av-l4rstf25-09aa8edfee9bfff0c66b62d8ea68b23c av-social-sharing-box-default  avia-builder-el-147  el_after_av_textblock  el_before_av_hr  av-social-sharing-box-fullwidth'><div class=\"av-share-box\"><h5 class='av-share-link-description av-no-toc '>Share this post<\/h5><ul class=\"av-share-box-list noLightbox\"><li class='av-share-link 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https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation.png 990w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-705x570.png 705w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/div><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksll297i-ac8feca4576cdd5bdd6e22d214756788\">\n#top .hr.hr-invisible.av-ksll297i-ac8feca4576cdd5bdd6e22d214756788{\nheight:25px;\n}\n<\/style>\n<div  class='hr av-ksll297i-ac8feca4576cdd5bdd6e22d214756788 hr-invisible  avia-builder-el-153  el_after_av_image  el_before_av_button '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<div  class='avia-button-wrap avia-button-center  avia-builder-el-154  el_after_av_hr  el_before_av_hr  bouton-cta' ><a href=\"https:\/\/calendly.com\/vbapartners\/legalconsultation\" class=\"avia-button av-j4oxcr-e0ea6afbeeb7bdc081b7ce55f0ab0b6f avia-icon_select-yes-right-icon avia-size-large avia-position-center avia-color-theme-color\" target=\"_blank\" rel=\"noopener noreferrer\"><span class='avia_iconbox_title' >Book now<\/span><span class='avia_button_icon avia_button_icon_right' aria-hidden='true' data-av_icon='\ue871' data-av_iconfont='entypo-fontello'><\/span><\/a><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1xgc7i-1f7cbfe8fdc424141cc6b6f218a09d50\">\n#top .hr.hr-invisible.av-1xgc7i-1f7cbfe8fdc424141cc6b6f218a09d50{\nheight:25px;\n}\n<\/style>\n<div  class='hr av-1xgc7i-1f7cbfe8fdc424141cc6b6f218a09d50 hr-invisible  avia-builder-el-155  el_after_av_button  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-p84k-4017eaf9b1649a60b0ff810854b78620'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_14'  itemprop=\"text\" ><p>Our consultations last for a period of up to 1 hour and are conducted by expert Lawyers who are fluent in English, French and Thai.<\/p>\n<p>Consultations can be hosted via WhatsApp or Video Conferencing software for your convenience. A consultation with one of our legal experts about your company registration is undoubtedly the best way to get all the information you need and answer any questions you may have about your new business or project.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kslm1kpi-e6d522183c5eda06f320ce62b63c40c6\">\n#top .hr.hr-invisible.av-kslm1kpi-e6d522183c5eda06f320ce62b63c40c6{\nheight:15px;\n}\n<\/style>\n<div  class='hr av-kslm1kpi-e6d522183c5eda06f320ce62b63c40c6 hr-invisible  avia-builder-el-157  el_after_av_textblock  el_before_av_codeblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<br \/>\n<br \/>\n<br \/>\n<br \/>\n<\/p><\/div>\n\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-l8ctxpd9-095dc0c75aa2de5329ec8b624b867e69\">\n.avia-section.av-l8ctxpd9-095dc0c75aa2de5329ec8b624b867e69{\nbackground-color:#dfeef6;\n}\n<\/style>\n<div id='av_section_4'  class='avia-section av-l8ctxpd9-095dc0c75aa2de5329ec8b624b867e69 main_color avia-section-default avia-no-border-styling  avia-builder-el-163  el_after_av_section  el_before_av_one_full  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-16829'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-fyhro1-0cf30a10ffa966a21c55aed6dcf53641\">\n#top .hr.hr-invisible.av-fyhro1-0cf30a10ffa966a21c55aed6dcf53641{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-fyhro1-0cf30a10ffa966a21c55aed6dcf53641 hr-invisible  avia-builder-el-164  el_before_av_textblock  avia-builder-el-first  av-desktop-hide av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<section  class='av_textblock_section av-e8bwe9-42a5aa99fe46b76eb6bea8fd40de44ad'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h3_bleu'  itemprop=\"text\" ><h3 style=\"text-align: left;\">FAQ<\/h3>\n<\/div><\/section>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-37pzrl-0e2130f093209067c90d3f6b04c2d251\">\n#top .hr.hr-invisible.av-37pzrl-0e2130f093209067c90d3f6b04c2d251{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-37pzrl-0e2130f093209067c90d3f6b04c2d251 hr-invisible  avia-builder-el-166  el_after_av_textblock  el_before_av_toggle_container  av-desktop-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div  class='togglecontainer av-mfozui1b-009aa8f9d8d414c23e948b005f389ab1  avia-builder-el-167  el_after_av_hr  avia-builder-el-last  av-accordion-style-2 toggle_close_all' >\n<section class='av_toggle_section av-mfozosz7-6767e040207b664c6b84ba53897b7b0c'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-1' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-1'>Can a foreigner own 100% of a business in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-1' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Yes, but it depends on your business type and approach! While the Foreign Business Act typically limits foreign ownership to 49.99% for most businesses, there are several ways to achieve 100% foreign ownership:<\/p>\n<ul>\n<li>BOI (Board of Investment) promotion &#8211; This is often your best bet and covers many industries including technology, manufacturing, and services<\/li>\n<li>Export-only companies &#8211; If you&#8217;re exclusively exporting products outside Thailand<\/li>\n<li>Manufacturing businesses &#8211; Generally allowed 100% foreign ownership (with some restricted items)<\/li>\n<li>Representative Offices &#8211; For market research and support activities (no revenue generation in Thailand)<\/li>\n<li>US-Thailand Treaty of Amity &#8211; If you&#8217;re an American citizen or company<\/li>\n<\/ul>\n<p>Pro tip: Always check BOI eligibility first &#8211; it&#8217;s often easier than you think and comes with great benefits like tax exemptions!<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mfozpnd9-0e60b5c9af69b86048021b01c29fde9a'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-2' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-2'>What are the main legal risks for foreigners starting a business?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-2' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>The biggest risks you need to watch out for are:<\/p>\n<p>Nominee shareholder violations &#8211; This is illegal and actively being cracked down on by authorities. The Department of Business Development is inspecting around 46,000 companies suspected of using illegal nominees. If you need Thai partners, make sure they&#8217;re genuine investors with proper documentation.<\/p>\n<p>Work permit compliance &#8211; Working without a proper work permit can result in serious penalties for both you and your company. Even signing documents can be considered &#8220;work&#8221; in Thailand!<\/p>\n<p>Industry licensing issues &#8211; Many businesses require specific licenses (restaurant, import\/export, tourism, education, financial services). Make sure you have all required permits.<\/p>\n<p>Immigration compliance &#8211; Visa requirements are strict, and certain visa types (tourist, education, dependent, elite, retirement) don&#8217;t allow you to obtain work permits.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mfozq8o3-b18e806c61b7bddeb53f78e20c7136b8'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-3' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-3'>How long does it take to register a business in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-3' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>For a standard Thai Limited Company, you&#8217;re looking at 1-2 weeks if all your documents are ready. In some cases, basic setups can be done in as little as 5 business days.<\/p>\n<p>However, if you&#8217;re going for more complex structures:<\/p>\n<ul>\n<li>BOI promotions can take several months due to additional approvals<\/li>\n<li>VAT registration adds extra time<\/li>\n<li>Business licenses vary by industry<\/li>\n<\/ul>\n<p>The key is proper preparation and working with experienced advisors to avoid delays.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mfozqpw0-9dffe32a79e441ac5c25961992cc12f4'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-4' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-4'>What about work permits - what do I need to know?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-4' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Work permits are mandatory for any foreigner working in Thailand, with some specific requirements:<\/p>\n<p>For regular Thai Limited Companies:<\/p>\n<ul>\n<li>Must employ 4 Thai staff per foreign employee<\/li>\n<li>Need 2 million THB paid-up capital per foreign employee<\/li>\n<li>Company must be registered for VAT<\/li>\n<\/ul>\n<p>Easier options:<\/p>\n<ul>\n<li>BOI companies have relaxed requirements (no 4:1 ratio or 2M capital requirement)<\/li>\n<li>Representative Offices only need 1:1 ratio (but limited to 3 foreign employees max)<\/li>\n<li>If you&#8217;re married to a Thai national, requirements are halved (2 Thai staff, 1M capital)<\/li>\n<\/ul>\n<p>Important: Directors and shareholders don&#8217;t need work permits if they don&#8217;t engage in work activities, but Thailand defines &#8220;work&#8221; very broadly!<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mfozra6z-f5941ac0d8beea3f5d5cd34ef273714d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-5' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-5'>Is using Thai nominee shareholders legal?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-5' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Absolutely not! This is explicitly prohibited under Section 36 of the Foreign Business Act. Nominee shareholders are defined as individuals who:<\/p>\n<ul>\n<li>Have no genuine interest in the business<\/li>\n<li>Made no significant investment<\/li>\n<li>Lack financial means to be legitimate partners<\/li>\n<li>Exist solely to help foreigners bypass ownership restrictions<\/li>\n<\/ul>\n<p>The government is actively cracking down on this practice. If you need Thai partners, ensure they&#8217;re legitimate investors with proper documentation, bank transfer evidence, and receive actual dividends.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mfozrnfi-afc6cf9498a234775feef7738b06fa7f'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-6' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-6'>What are my options if I can\u2019t get 100% foreign ownership?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-6' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>If BOI promotion isn&#8217;t available and you need Thai partners, here&#8217;s how to do it right:<\/p>\n<p>Legitimate Thai partnerships:<\/p>\n<ul>\n<li>Partners must invest their own money (with bank transfer proof)<\/li>\n<li>Their background should align with the business<\/li>\n<li>They should receive dividends if the company is profitable<\/li>\n<li>Proper documentation of their role and investment<\/li>\n<\/ul>\n<p>Alternative structures:<\/p>\n<ul>\n<li>Representative Office for market research and support activities<\/li>\n<li>PEO (Professional Employer Organization) services as a temporary solution while setting up your company<\/li>\n<li>Foreign Business License applications for restricted activities<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mfozt6ht-89f67e148341d6f9bc37669a532cec7a'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-7' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-7'>How difficult is it to open a corporate bank account in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-7' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Opening a corporate bank account is generally straightforward and takes about 2 hours. Thai banks are less strict than many other countries about business models.<\/p>\n<p>The catch: You need the right visa! Updated regulations make it harder for foreign directors to open accounts unless they have:<\/p>\n<ul>\n<li><a href=\"https:\/\/belaws.com\/thailand\/visas\/non-immigrant-b-visa\/\">Non-Immigrant B visa with work permit<\/a><\/li>\n<li><a href=\"https:\/\/belaws.com\/thailand\/thailand-long-term-visa-ltr\/\">LTR visa<\/a><\/li>\n<li>Other long-term visas<\/li>\n<\/ul>\n<p>Workaround: Having a Thai director open the account is often easier, but be careful &#8211; they must be genuine participants, not nominees, as authorities are cracking down on this practice.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mfoztozd-aa800c33a7a43dc730ab6483d35eb152'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-8' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-8'>What about ongoing compliance requirements?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-8' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Every Thai company must:<\/p>\n<ul>\n<li>File half-year tax reports<\/li>\n<li>Prepare annual financial statements<\/li>\n<li>Appoint an auditor<\/li>\n<li>File corporate income tax returns with audited statements<\/li>\n<li>This applies even to dormant companies with no transactions!<\/li>\n<\/ul>\n<p>BOI companies have stricter requirements:<\/p>\n<ul>\n<li>Detailed financial record keeping<\/li>\n<li>Specific reporting obligations<\/li>\n<li>Risk of losing BOI privileges if non-compliant<\/li>\n<li>Potential tax audits and penalties<\/li>\n<\/ul>\n<p>Bottom line: Budget for ongoing accounting and compliance costs &#8211; they&#8217;re mandatory!<\/p>\n<\/div><\/div><\/div><\/section>\n<\/div>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='after_section_4'  class='main_color av_default_container_wrap container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-16829'><div class='entry-content-wrapper clearfix'><div class='flex_column av-qqtyiz-0d401a2ec3b1be9fe8b6b4ff052340e0 av_one_full  avia-builder-el-168  el_after_av_section  el_before_av_section  avia-builder-el-no-sibling  first flex_column_div '   ><section  class='av_textblock_section av-2jjczv-f8cba9213d57d135389f2377189c4f87'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Related articles<\/h2>\n<\/div><\/section><br \/>\n<div id='av-masonry-1' class='av-masonry av-2fkee3-b62bdb658cee0ea53234de2b00e9e841 noHover av-flex-size av-large-gap av-hover-overlay-active av-masonry-animation-active av-masonry-col-3 av-caption-always av-caption-style- av-masonry-entries '><div class=\"av-masonry-container isotope av-js-disabled\"><div class='av-masonry-entry isotope-item av-masonry-item-no-image '><\/div><a href=\"https:\/\/belaws.com\/thailand\/fr\/prix-enregistrement-societe-en-thailande\/\" id=\"av-masonry-1-item-5194\" data-av-masonry-item=\"5194\" class=\"av-masonry-entry isotope-item post-5194 post type-post status-publish format-standard has-post-thumbnail hentry category-incorporation category-corporate tag-francais tag-limited-company tag-registering-a-company-in-thailand  av-masonry-item-with-image\" title=\"What is the cost of registering a company in Thailand?\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\"><div class='av-inner-masonry-sizer'><\/div><figure class='av-inner-masonry main_color'><div class=\"av-masonry-outerimage-container\"><div class='av-masonry-image-container'   ><img decoding=\"async\" width=\"705\" height=\"570\" class=\"wp-image-5196 avia-img-lazy-loading-not-5196\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/087-705x570.png\" title=\"What is the cost of registering a company in Thailand?\" alt=\"What is the cost of registering a company in Thailand?\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/087-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/087-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/087-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/087-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/087-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/087-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/087.png 990w\" sizes=\"(max-width: 705px) 100vw, 705px\" \/><\/div><\/div><figcaption class='av-inner-masonry-content site-background'><div class='av-inner-masonry-content-pos'><div class='av-inner-masonry-content-pos-content'><div class='avia-arrow'><\/div><h3 class='av-masonry-entry-title entry-title '  itemprop=\"headline\" >What is the cost of registering a company in Thailand in 2025?<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >21\/10\/2021<br \/>\r\nAll you need to know about the cost of creating and registering a company in Thailand.<\/div><span class='av-masonry-date meta-color updated'>octobre 21, 2021<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>par bertrand_admin_belaws<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><!--end av-masonry entry--><a href=\"https:\/\/belaws.com\/thailand\/fr\/raising-funds-thailand-safe\/\" id=\"av-masonry-1-item-5217\" data-av-masonry-item=\"5217\" class=\"av-masonry-entry isotope-item post-5217 post type-post status-publish format-standard has-post-thumbnail hentry category-raising-funds category-corporate category-incorporation  av-masonry-item-with-image\" title=\"Raising funds in Thailand with a SAFE\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\"><div class='av-inner-masonry-sizer'><\/div><figure class='av-inner-masonry main_color'><div class=\"av-masonry-outerimage-container\"><div class='av-masonry-image-container'   ><img decoding=\"async\" width=\"705\" height=\"570\" class=\"wp-image-5222 avia-img-lazy-loading-not-5222\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/091-705x570.png\" title=\"Raising funds in Thailand with a SAFE\" alt=\"Raising funds in Thailand with a SAFE\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/091-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/091-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/091-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/091-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/091-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/091-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/091.png 990w\" sizes=\"(max-width: 705px) 100vw, 705px\" \/><\/div><\/div><figcaption class='av-inner-masonry-content site-background'><div class='av-inner-masonry-content-pos'><div class='av-inner-masonry-content-pos-content'><div class='avia-arrow'><\/div><h3 class='av-masonry-entry-title entry-title '  itemprop=\"headline\" >Raising funds in Thailand with a SAFE<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >21\/10\/2021<br \/>\r\nAs an entrepreneur seeking funding in Thailand, there are a variety of term sheet options available, including the SAFE (Simple Agreement for Future Equity).<\/div><span class='av-masonry-date meta-color updated'>octobre 21, 2021<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>par bertrand_admin_belaws<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><!--end av-masonry entry--><a href=\"https:\/\/belaws.com\/thailand\/fr\/thai-company-shareholder-death\/\" id=\"av-masonry-1-item-5301\" data-av-masonry-item=\"5301\" class=\"av-masonry-entry isotope-item post-5301 post type-post status-publish format-standard has-post-thumbnail hentry category-incorporation category-corporate  av-masonry-item-with-image\" title=\"What happens to my Thai company if a shareholder passes away \/ dies?\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\"><div class='av-inner-masonry-sizer'><\/div><figure class='av-inner-masonry main_color'><div class=\"av-masonry-outerimage-container\"><div class='av-masonry-image-container'   ><img decoding=\"async\" width=\"705\" height=\"570\" class=\"wp-image-1011 avia-img-lazy-loading-not-1011\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/08\/029-705x570.png\" title=\"What happens to my Thai company if a shareholder passes away \/ dies?\" alt=\"What happens to my Thai company if a shareholder passes away \/ dies?\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/08\/029-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/08\/029-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/08\/029-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/08\/029-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/08\/029-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/08\/029-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/08\/029.png 990w\" sizes=\"(max-width: 705px) 100vw, 705px\" \/><\/div><\/div><figcaption class='av-inner-masonry-content site-background'><div class='av-inner-masonry-content-pos'><div class='av-inner-masonry-content-pos-content'><div class='avia-arrow'><\/div><h3 class='av-masonry-entry-title entry-title '  itemprop=\"headline\" >What happens to my Thai company if a shareholder passes away \/ dies?<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >26\/10\/2021<br \/>\r\nTaking the time to plan for things such as the unexpected death or sickness to shareholders<\/div><span class='av-masonry-date meta-color updated'>octobre 26, 2021<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>par bertrand_admin_belaws<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><!--end av-masonry entry--><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" 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el_before_av_one_half  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div class='flex_column_table av-fzcf03-9aecdac0b3d5fbc1d2ed0ae2fdc3e47b sc-av_one_half av-break-at-tablet-flextable av-equal-height-column-flextable'>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-fzcf03-9aecdac0b3d5fbc1d2ed0ae2fdc3e47b\">\n.flex_column.av-fzcf03-9aecdac0b3d5fbc1d2ed0ae2fdc3e47b{\npadding:0 30px 0 0;\n}\n<\/style>\n<div class='flex_column av-fzcf03-9aecdac0b3d5fbc1d2ed0ae2fdc3e47b av_one_half  avia-builder-el-177  el_after_av_hr  el_before_av_one_half  first av-break-at-tablet flex_column_table_cell av-equal-height-column av-align-top '   ><section  class='av_textblock_section av-1e8yb7-3b840758fc44347df09b0303516e7352'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='av-medium-hide av-small-hide av-mini-hide avia_textblock 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