{"id":9241,"date":"2022-11-29T16:30:52","date_gmt":"2022-11-29T09:30:52","guid":{"rendered":"https:\/\/belaws.com\/thailand\/?p=9241"},"modified":"2025-01-09T10:34:45","modified_gmt":"2025-01-09T03:34:45","slug":"cost-of-registering-a-company","status":"publish","type":"post","link":"https:\/\/belaws.com\/thailand\/fr\/cost-of-registering-a-company\/","title":{"rendered":"What is the cost of registering a company in Thailand"},"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\" >\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-18myty-919e5cb9f68131fb6240d9c12261edb4\">\n.av_font_icon.av-18myty-919e5cb9f68131fb6240d9c12261edb4 .av-icon-char{\nfont-size:11px;\nline-height:11px;\n}\n<\/style>\n<span  class='av_font_icon av-18myty-919e5cb9f68131fb6240d9c12261edb4 avia_animate_when_visible av-icon-style- avia-icon-pos-left av-no-color avia-icon-animate'><span class='av-icon-char' aria-hidden='true' data-av_icon='\ue874' data-av_iconfont='entypo-fontello' ><\/span><\/span>\n<div style=\"padding-left: 15px;\"><span class=\"\"><a href=\"https:\/\/belaws.com\/thailand\/\">Belaws Home<\/a> \u203a\u203a <a href=\"https:\/\/belaws.com\/thailand\/\">Thailand<\/a> \u203a\u203a <a href=\"https:\/\/belaws.com\/thailand\/blog\">Blog<\/a>\u00a0\u203a\u203a <\/span>What is the cost of registering a company in Thailand in 2023<\/div>\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-2  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-9241'><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-3  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-4  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>What is the cost of registering a company in Thailand<\/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-7  el_after_av_textblock  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-kscyalj7-2ad25b68643e9517389c1de031001cff'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_18'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">29\/11\/2022<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-2mj4cc-546fb3795883e77cb448506a33b339b7'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_18'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Company registration services are available from many service providers, such as law firms (local and international) and accounting firms whose prices start as low as 10,000 THB and rise to over 100,000 THB.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Each company will provide its own style of service and exclude different aspects. The official fees for registering a company in Thailand are THB 6,500. Please note that many companies will exclude these official fees from their quote.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Registering a company in Thailand is a straightforward process on paper, but in reality, many unforeseen difficulties and expenses may arise depending on the initial structuring and your business activities. Companies looking to register their company in Thailand must satisfy their business needs.<\/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-kscy8en7-1668fb936e1ae07ef4ed32aeca0ec413\">\n.avia-image-container.av-kscy8en7-1668fb936e1ae07ef4ed32aeca0ec413 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-kscy8en7-1668fb936e1ae07ef4ed32aeca0ec413 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-9242 avia-img-lazy-loading-not-9242 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/11\/What-is-the-cost-of-registering-a-company-in-Thailand-in-2023.png\" alt='Investment opportunities in Thailand' title='Investment opportunities in Thailand'  height=\"800\" width=\"990\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/11\/What-is-the-cost-of-registering-a-company-in-Thailand-in-2023.png 990w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/11\/What-is-the-cost-of-registering-a-company-in-Thailand-in-2023-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/11\/What-is-the-cost-of-registering-a-company-in-Thailand-in-2023-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/11\/What-is-the-cost-of-registering-a-company-in-Thailand-in-2023-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/11\/What-is-the-cost-of-registering-a-company-in-Thailand-in-2023-15x12.png 15w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/11\/What-is-the-cost-of-registering-a-company-in-Thailand-in-2023-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/11\/What-is-the-cost-of-registering-a-company-in-Thailand-in-2023-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/11\/What-is-the-cost-of-registering-a-company-in-Thailand-in-2023-705x570.png 705w\" sizes=\"(max-width: 990px) 100vw, 990px\" \/><\/div><\/div><\/div><\/div><\/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_2'  class='avia-section av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4 main_color avia-section-default 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-9241'><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-13  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-14  el_after_av_hr  el_before_av_one_third  first av-break-at-tablet flex_column_div '   ><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>What is the fair cost of registering a company?<\/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;\">As is often the case, the safe spot is in the middle, so between THB 40,000 to THB 60,000 (excluding VAT and Government fees).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Firms that charge less may not offer a complete package or use staff with little experience, you get what you pay for. In a worst-case scenario, their company registration service is simply bait used to lure you in to try and sell you other services. Sadly, this isn\u2019t uncommon as these additional services are where such companies can increase their margins (this is often the case with accounting firms).<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-law8zdws-63729cc5f39adbd38b2581b97c5d7f41'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Firms charging more usually provide a complete package with experienced staff but the premium is only sometimes justified. International law firms that do not have to apply efficient processes as they keep their margins high are good examples of this practice.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With Belaws, our <\/span><a href=\"https:\/\/belaws.com\/thailand\/company-registration-requirements\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">company registration services<\/span><\/a><span style=\"font-weight: 400;\"> start from 40,000 THB (official fees excluded). There is an extra 20,000 THB for preparing articles of association with a preference share structure. Both packages include a business eligibility study (to ensure that your chosen business structure will fit your needs) and advice on post-registration duties.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Below are the main points to consider when registering a company. This list will be helpful to you when navigating the different offers that you may receive.<\/span><\/p>\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-18  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-gfh9xy-e0bde1d55d8468f28ed18b9996433e48'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>What should a company registration package contain?<\/h3>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-dksn8m-8a3788d84dfb83d2abe7e575458a98c8'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">As mentioned above, choosing the right package for your business needs is vital. A company registration package must include the following at the very minimum:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Preparing the company registration forms (reservation of the company name, Memorandum of Association, shareholder list, etc.).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The translation of the Company Affidavit and List of Shareholders in English for the foreign shareholders<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The preparation of the certificate of shares for each shareholder (in English and Thai)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The preparation of the Share Registrar Book, which is a record of the share transfers.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Please note that the penalty for not issuing a share certificate and not keeping an updated Share Register Book is up to THB 10,000 and THB 20,000, respectively.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lb1ykqby-8e6f27a658d673ce84d3d90b5f1b409d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">While the above duties are of great importance, they only scratch the surface of the company registration process. When looking to start a company, it is essential to perform due diligence and identify the best structure for your company. Thailand has numerous different corporate structures, each having strengths and weaknesses.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Is a <\/span><a href=\"https:\/\/belaws.com\/thailand\/benefits-limited-company\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Limited Company<\/span><\/a><span style=\"font-weight: 400;\"> in Thailand the best structure for your business activities? A Limited Company is the most popular vehicle to do business in Thailand. A <\/span><a href=\"https:\/\/belaws.com\/thailand\/representative-office-branch-office-thailand\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Representative Office<\/span><\/a><span style=\"font-weight: 400;\"> or <\/span><a href=\"https:\/\/belaws.com\/thailand\/branch-office-vs-a-subsidiary\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Branch Office<\/span><\/a><span style=\"font-weight: 400;\"> offers unique advantages. Could you qualify for a <\/span><span style=\"font-weight: 400;\">Thailand Board of Investors<\/span><span style=\"font-weight: 400;\"> (BOI) promotion?<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Thailand\u2019s regional presence in South East Asia also unlocks further unique business opportunities. Alternative structuring options in Singapore or Hong Kong could be available as well. These additional regions could bring other benefits to your business that you may not have known about.<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-bxixyu-13a47cec5e18968dc4f6c3e10a93cecf\">\n#top .hr.hr-invisible.av-bxixyu-13a47cec5e18968dc4f6c3e10a93cecf{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-bxixyu-13a47cec5e18968dc4f6c3e10a93cecf 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-2uxm2u-5026684a4ada939707226fca38a07231'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Nine essential things to consider before registering a company in Thailand<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lahyf3ht-068db732d71cb564f73f65a8f0d62588'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><b>Can I operate a 100% foreign-owned company in Thailand?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">It is indeed possible for foreigners to own 100% of a company in Thailand. However, it is essential to note that depending on the company\u2019s business activities, a 100% foreign-owned company will probably need to obtain a Foreign Business Licence to operate.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Your advisor should always check your company\u2019s eligibility for a promotion from the Board of Investment or a Foreign Business License.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-egmhcp-a1462af9241ec80718804fcec908a750\">\n#top .hr.hr-invisible.av-egmhcp-a1462af9241ec80718804fcec908a750{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-egmhcp-a1462af9241ec80718804fcec908a750 hr-invisible  avia-builder-el-25  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-lb1ylnfi-df792d4f8ce2f850aedc3aae1ef15623'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><b>Can I keep control of a company with a local Thai partner?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">To ensure effective control by the foreign minority shareholder over the company, well-drafted documents (preference shares structures with articles of association, shareholder agreements with reserved matters, and option agreements) must be prepared. It is essential to ensure your advisor understands how you want to control your company and can draft the documents properly to ensure you won\u2019t come across any issues at a future date.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-cqpm5l-78f78ce4a66de4321fc4910c1582813e\">\n#top .hr.hr-invisible.av-cqpm5l-78f78ce4a66de4321fc4910c1582813e{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-cqpm5l-78f78ce4a66de4321fc4910c1582813e 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-lb1ylz4x-bdbd9b332d4b73e45fcc8fb0a7b569df'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><b>What is the minimum capital to register a company?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Under Thai law, the value of a share must be no less than THB 5. The minimum number of shareholders must be 3. Therefore, the minimum registered capital amount required to incorporate a private limited company is THB 15. However, this is not the case; private limited companies usually have a minimum registered capital equivalent to the amount sufficient to start their business.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you plan to hire and employ a foreigner, you will need to have 2 Million THB registered capital per employee (if you have two foreign employees, you would need 4 Million THB, etc.). Please note, there is an exception to this requirement if the foreigner you wish to hire is married to a Thai national, the amount of registered capital required is 1 Million THB.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">BOI companies are also subject to their own exemptions as well.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-b6mkyx-38ff959b6e1e2ba73521729ad747b739\">\n#top .hr.hr-invisible.av-b6mkyx-38ff959b6e1e2ba73521729ad747b739{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-b6mkyx-38ff959b6e1e2ba73521729ad747b739 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-lb1ym7p9-bd151515e328315806ee70b781139d1b'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><b>Do I need Articles of Association?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Articles of Association are optional; we always recommended to draft some. Articles of Association allow companies to optimise the management structure, such as enforcing limited powers for the directors, preference shares with different voting rights and dividend rights, pre-emption rights, and the possibility to do digital meetings.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-9ops55-866fff56fca8c1fe545dac4dfb58f179\">\n#top .hr.hr-invisible.av-9ops55-866fff56fca8c1fe545dac4dfb58f179{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-9ops55-866fff56fca8c1fe545dac4dfb58f179 hr-invisible  avia-builder-el-31  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-lb1ynkj5-56ded2ef630edcc21828d66598b4d323'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><b>Are the business objectives of my company broad enough to cover all the business activities undertaken?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">When registering a company, it is required to state the business activities undertaken by the company. Failure to do so may carry the director&#8217;s liabilities for business activities outside the company objectives. Amending the objectives later requires an EGM (Extraordinary General Meetings of the shareholders)<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-7na6e1-f411175c2f22e5f0251be08751bd857f\">\n#top .hr.hr-invisible.av-7na6e1-f411175c2f22e5f0251be08751bd857f{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-7na6e1-f411175c2f22e5f0251be08751bd857f hr-invisible  avia-builder-el-33  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-lb1yo5ty-c1e142f4968aa67ba5a809a04b4ea5d2'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><b>Do I need a shareholder agreement?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Shareholder agreements further detail the rules of the company. <a href=\"https:\/\/belaws.com\/thailand\/understanding-share-purchase-agreements\/\">Shareholder agreements<\/a> are vital as they allow companies to anticipate future events that may put the company at risk. For example:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Call back and leaver clauses for when a shareholder wants to leave the project,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">pre-emption rights.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Drag along and tag along rights (when a shareholder wants to <a href=\"https:\/\/belaws.com\/thailand\/transferring-shares\/\">transfer his shares<\/a>).\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Consequences that arise from the death of a shareholder and the transfer of any shares to their heirs.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Having a pre-agreed procedure in place for these events can save a lot of time and hassle in the future.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-5iq1pl-5fd7ba5dcad96ee55e3c5aeb56471615\">\n#top .hr.hr-invisible.av-5iq1pl-5fd7ba5dcad96ee55e3c5aeb56471615{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-5iq1pl-5fd7ba5dcad96ee55e3c5aeb56471615 hr-invisible  avia-builder-el-35  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-lb1yokr9-4d42b7c001ac34f86050c492b3f737c8'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><b>What office address to use?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Company registration requires a registered address for the company. Virtual offices are generally acceptable when registering the company.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is important to note that if the company needs to register for <a href=\"https:\/\/belaws.com\/thailand\/new-thailand-vat-requirements-2024\/\">VAT<\/a> or hire foreign employees, a proper physical office is required, along with a letter of consent from the owner of the office.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-3tf99l-0bcfbf6ba688324019aa33a330e4697b\">\n#top .hr.hr-invisible.av-3tf99l-0bcfbf6ba688324019aa33a330e4697b{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-3tf99l-0bcfbf6ba688324019aa33a330e4697b 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-lb1yovt3-79f12f37996358a875a5f7689f722833'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><b>Can I close a company easily?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Unlike in Singapore or Hong Kong, it is impossible to strike off a company in Thailand. Once a company has been registered, the shareholders must hold an EGM and go through a liquidation process before the <a href=\"https:\/\/www.rd.go.th\/english\/index-eng.html\" target=\"_blank\" rel=\"noopener\">Ministry of Commerce and Revenue Department<\/a>. A liquidator must be appointed, and the company accounts must undergo an audit.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The fees for closing a company usually start at THB 35,000 but could become a lot higher if the company needs to maintain a proper accounting procedure. Failure to ensure accounting compliance will slow down the process because the Revenue Department will want to collect all due taxes before allowing the company to liquidate.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Answers to these questions must offer adequate consideration and applicability to your needs. Each company is different and will have its requirements. Furthermore, there should also be an option available for drafting the Articles of Association and Shareholder Agreements, should they be required.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-2r10gp-815779a2f8daea31de6f97b8d1a941d1\">\n#top .hr.hr-invisible.av-2r10gp-815779a2f8daea31de6f97b8d1a941d1{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-2r10gp-815779a2f8daea31de6f97b8d1a941d1 hr-invisible  avia-builder-el-39  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-lb1ypznv-d01b8cb46e1a4d462141c0630f73d9ba'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><b>Can I start my business activities immediately after registering a company in Thailand?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Once the company registration process is complete, it is natural for the owners to want to start operating immediately. However, before they can do so, businesses must consider the following:<\/span><\/p>\n<h3><b>Do you need business licenses?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Depending on your business activities, you may require a <a href=\"https:\/\/belaws.com\/thailand\/business-licences-in-thailand\/\">business licence<\/a>. Some examples of commonly required licences are:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">a foreign business licence,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">an e-commerce license,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">a factory license.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Your advisor should check whether your company needs to obtain licenses before operating.\u00a0 If any licences are required, your advisor should also help you obtain them.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The prices for obtaining licenses for your company usually start from THB 10,000. The timeline for obtaining these licences ranges from one week to several months, depending on the license type applied.<\/span><\/p>\n<h3><b>Opening a bank account<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">You must open a bank account to release the company\u2019s capital. Your advisor must take a pragmatic approach if their client is abroad, as the client must be at the bank at the time of opening.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Opening a bank account is typically included in our company registration package. If it is not included, the fee varies from THB 8,500 to THB 10,000.<\/span><\/p>\n<h3><b>VAT Registration<\/b><\/h3>\n<p><a href=\"https:\/\/belaws.com\/thailand\/new-thailand-vat-requirements-2024\/\"><span style=\"font-weight: 400;\">VAT Registration<\/span><\/a><span style=\"font-weight: 400;\"> is a mandatory requirement for a company with an annual turnover of THB 1,800,000 or more yearly. Depending on your business activities and transaction flow, you should register straight away.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Please note that some activities, such as farming, are excluded from VAT Payment. Your advisor should be aware of such things and inform you if your company is eligible for exemptions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The cost for VAT Registration in Thailand with Belaws\u2019 experts starts from 9,500 THB.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-4bsh7i-1853d6b6c18558b15dfd3e19aca78a67\">\n#top .hr.hr-invisible.av-4bsh7i-1853d6b6c18558b15dfd3e19aca78a67{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-4bsh7i-1853d6b6c18558b15dfd3e19aca78a67 hr-invisible  avia-builder-el-41  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-lauskvet-abe861791ac972763dded420befd8786'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Hiring employees<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lauslmc8-3aa8065cca49c15ba95a49211946066a'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">The company must register with the Social Security Fund (SSF) before <a href=\"https:\/\/belaws.com\/thailand\/hiring-independent-contractors\/\">hiring new employees<\/a>. Once this is complete, the company must register each new employee within 30 days of hiring them. Employees must pay special attention to salary packages, allowances &amp; bonuses, and non-competition clauses.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">SSF company registration with Belaws\u2019 experts starts from THB 2,500, and the cost for registering a new employee with the SSF is THB 1,500.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The cost of preparing an employment agreement usually starts from THB 15,000 for a simple draft and can increase to THB 40,000 for an executive position.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-3o2zy9-ed27b8c4323361990cb2504dc0e34a46\">\n#top .hr.hr-invisible.av-3o2zy9-ed27b8c4323361990cb2504dc0e34a46{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-3o2zy9-ed27b8c4323361990cb2504dc0e34a46 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-lausm3dw-a740ab9a22ae06876ee181b9cdd44f05'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Accounting &amp; Tax filings<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lausm9ft-614dda890c1933f67218fba30a13d3c6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">After registering a company in Thailand, every new company must set up an accounting and invoicing system. Bookkeeping should be done monthly and include tax filings such as VAT (if the company is VAT registered) and Withholding Tax (on service transactions between companies).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Your advisor must learn about your business flow to understand how best to satisfy your accounting needs properly. Having a proper understanding of a company&#8217;s business activities is vital because some expenses can be capitalized by the company (Intellectual property, for instance), amortized (machinery), and tax optimised. Failure to identify any available tax exemptions etc could lead to a company losing out on significant advantages and enduring unnecessary expenses.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Belaws\u2019 <\/span><a href=\"https:\/\/belaws.com\/thailand\/bookkeeping-tax-filings\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">accounting package<\/span><\/a><span style=\"font-weight: 400;\"> starts from THB 5,000 and includes a monthly management report and a 1-hour advisory meeting per month regarding your company&#8217;s accounting and tax needs. Our accounting and tax experts ensure our service meets each client&#8217;s specific requirements, ensuring your full compliance with the Thai regulatory framework<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-336wc1-f24781eee8c7d4eb8626e4dad48df87a\">\n#top .hr.hr-invisible.av-336wc1-f24781eee8c7d4eb8626e4dad48df87a{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-336wc1-f24781eee8c7d4eb8626e4dad48df87a hr-invisible  avia-builder-el-47  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-blxnt-18dc398ce50def3ef84eeedda2fd98ea'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Document Drafting<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-law92tu8-2da52e2fcd4f157fae2959e1fc7a490b'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">When new companies start their operations, they require several legal documents to start their businesses. Such documents include NDAs, purchase agreements, terms, and conditions, employment contracts, service agreements, etc. Again, an expert must draft these documents to protect the company\u2019s interests. Poorly drafted documents could result in disputes.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The cost of drafting a contract or legal document is usually between THB 9,000 to THB 50,000, depending on the complexity of the contract\/document and the number of revisions needed. Belaws expert lawyers offer fixed prices in advance for drafting and revising contracts.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-6s7kbi-b887376a0f8db20407f723ba0bace5d7\">\n#top .hr.hr-invisible.av-6s7kbi-b887376a0f8db20407f723ba0bace5d7{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-6s7kbi-b887376a0f8db20407f723ba0bace5d7 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-474fvy-5f14c92f44df10f70f06359817db43e4'  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-laqj9m4x-03945756691753d95df497bd6ebe2d2b'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">If you need more information about starting a business in Thailand, why not talk with one of our experts right now?<\/span><\/p>\n<\/div><\/section><br \/>\n<div  class='avia-button-wrap avia-button-left  avia-builder-el-53  el_after_av_textblock  el_before_av_textblock  bouton-cta' ><a href=\"https:\/\/wa.me\/+66636955945\" class=\"avia-button av-2rocsm-ad93c683973fd17f09fcd73d6f5e78e0 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-kwblafeu-2c986c33a08f69093aaaae2a313f7e9b'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">If you would like to learn more about how our experts can help with your accounting and secretary needs, please click <\/span><a href=\"https:\/\/belaws.com\/thailand\/accounting-secretary\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">. For more details about our incorporation services, please click<\/span><a href=\"https:\/\/belaws.com\/thailand\/incorporation\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\"> here.<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-202agu-0666a0f170c6ef2d3fd3cdeabcf6da69'  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-56  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 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avia-builder-el-62  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-63  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-64  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 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-66  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><\/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_3'  class='avia-section av-l8ctxpd9-095dc0c75aa2de5329ec8b624b867e69 main_color avia-section-default avia-no-border-styling  avia-builder-el-72  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-9241'><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-73  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;\">Frequently asked questions<\/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-75  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-6etla-ac58587fb202314160700b496f9b64ca  avia-builder-el-76  el_after_av_hr  avia-builder-el-last  av-accordion-style-2 toggle_close_all'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/FAQPage\" >\n<section class='av_toggle_section av-g4zmda-c308983732c238c1d400bba934cfd49d'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-1' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-1'>Can a foreigner open a company 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  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Yes it is possible for a foreigner to open a company in Thailand. There are also options available which allow 100% foreign owned companies as well.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-e5m6da-d70763b11c22a4445f69d1651129898c'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-2' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-2'>How much does it cost to set up a company in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-2' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>The official fees for registering a company in Thailand are THB 7,500.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-byngem-c1b2c2587aee958f139db8c9836b202c'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-3' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-3'>How do I start a limited company 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  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><ol>\n<li>Step 1: Choose and register a company name.<\/li>\n<li>Step 2: Draft and file the Memorandum of Association.<\/li>\n<li>Step 3: Call and hold a Statutory Meeting of the shareholders<\/li>\n<li>Step 4: Register the Company with the Ministry of Commerce.<\/li>\n<li>Step 5: Register the company for Value-Added Tax (VAT) and Income Tax<\/li>\n<\/ol>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-ar0lha-c4096a9c2ce759d08bdd86d8a735d176'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-4' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-4'>Is it good to start a business in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-4' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Thailand is an attractive option for those wishing to start a business. Thailand has a great infrastructure in place and scheme such as the BOI provide great incentives for companies to take advantage of.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-9150ku-d2c9b041a864e6c4d0c7198e12f32cbe'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-5' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-5'>How much money do you need to start a business in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-5' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Typically, it costs between THB 40,000 to THB 60,000 (excluding VAT and Government fees) to start a business in Thailand.The official fees for registering a company in Thailand are THB 7,500.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-88j4ym-c964aeb1eab194f4a2bddc9992cf4c1a'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-6' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-6'>How can a foreigner start a small business in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-6' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Yes, foreigners can start a business in Thailand. However, certain business activities are restricted by the Foreign Business Act and in order for businesses to undertake them they must obtain a Foreign Business Licence\/Certificate which can be time consuming and complicated.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-6dh33i-56c9d0836a5bfdf50d6a1a4a84f18d9b'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-7' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-7'>What is the biggest problem 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  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>The biggest problem facing foreign owned companies is being able to undertake their desired business activity as a 100% foreign owned company. Many business activities are protected by the Foreign Business Act and in order for a company to operate in these protected industries, they will be required to be majority owned by Thai Shareholders (unless a BOI promotion has been obtained).<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-49ftfi-9ec6d82c6a5498df78509fcdbaebe2c6'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-8' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-8'>Why is it hard to do business in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-8' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>The Foreign Business Act limits to the business activities a 100% foreign owned company can undertake. This means Thai Shareholders will need to be sought or a BOI promotion obtained in order for a company to legally operate.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-2dy4am-4dd62eee52450fe872ce06a95fc5799e'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-9' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-9'>Can I own a company in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-9' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Yes, foreigners can start a business in Thailand. However, certain business activities are restricted by the Foreign Business Act and in order for businesses to undertake them they must obtain a Foreign Business Licence\/Certificate which can be time consuming and complicated.<\/p>\n<\/div><\/div><\/div><\/section>\n<\/div>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='after_section_3'  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-9241'><div class='entry-content-wrapper clearfix'><\/p>\n<div class='flex_column av-qqtyiz-0d401a2ec3b1be9fe8b6b4ff052340e0 av_one_full  avia-builder-el-77  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-f76f914263e64ca8959d0aca2d2ed89f 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\/set-up-a-holding-company-in-singapore\/\" id=\"av-masonry-1-item-6667\" data-av-masonry-item=\"6667\" class=\"av-masonry-entry isotope-item post-6667 post type-post status-publish format-standard has-post-thumbnail hentry category-legal tag-company-registration  av-masonry-item-with-image\" title=\"Why should entrepreneurs set up a holding company in Singapore?\" 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-6672 avia-img-lazy-loading-not-6672\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Holding-company-SG-705x570.png\" title=\"Why should entrepreneurs set up a holding company in Singapore?\" alt=\"Why should entrepreneurs set up a holding company in Singapore?\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Holding-company-SG-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Holding-company-SG-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Holding-company-SG-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Holding-company-SG-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Holding-company-SG-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Holding-company-SG-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Holding-company-SG.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\" >Why should entrepreneurs set up a holding company in Singapore?<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >12\/04\/2022<br \/>\r\nInternational companies and entrepreneurs alike choose Singapore to register their regional headquarters or holding company.<\/div><span class='av-masonry-date meta-color updated'>avril 12, 2022<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>par jonathan<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><!--end av-masonry entry--><a href=\"https:\/\/belaws.com\/thailand\/fr\/5-reasons-to-start-a-company-in-thailand\/\" id=\"av-masonry-1-item-6850\" data-av-masonry-item=\"6850\" class=\"av-masonry-entry isotope-item post-6850 post type-post status-publish format-standard has-post-thumbnail hentry category-legal tag-company-registration tag-incorporation tag-thailand  av-masonry-item-with-image\" title=\"5 reasons why Thailand is a great place to start a company\" 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-6862 avia-img-lazy-loading-not-6862\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Thailand-Business-new-705x570.png\" title=\"5 reasons why Thailand is a great place to start a company\" alt=\"5 reasons why Thailand is a great place to start a company\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Thailand-Business-new-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Thailand-Business-new-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Thailand-Business-new-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Thailand-Business-new-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Thailand-Business-new-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Thailand-Business-new-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Thailand-Business-new.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\" >5 reasons why Thailand is a great place to start a company<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >21\/04\/2022<br \/>\r\nHere is a list of the top five business advantages that Thailand has to offer and should be kept in mind when considering entering the Thai market.<\/div><span class='av-masonry-date meta-color updated'>avril 22, 2022<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>par jonathan<\/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\" id=\"style-css-av-mw4lq3-4d1f7b909685b16735a77d3969f438e4\">\n#top .hr.hr-invisible.av-mw4lq3-4d1f7b909685b16735a77d3969f438e4{\nheight:160px;\n}\n<\/style>\n<div  class='hr av-mw4lq3-4d1f7b909685b16735a77d3969f438e4 hr-invisible  avia-builder-el-80  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