Thai Company Setup

 
The start-up of a company – known as a private company limited - in Thailand primarily requires registration with the Ministry of Commerce (MOC), the obtaining of the company’s Tax ID Card and VAT Certificate (only if required  –  this is obtained from the Revenue Department) as well as any other government licenses and approvals that may be required, depending upon the particular kinds...

Company Memorandum of Association

 
The first step of registration is the reservation of the company’s name. One of the promoters should submit a signed Name Reservation Form to the Department of Commercial Reservation of the MOC. The promoter should provide the intended company name, together with two alternative names. The reason for the provision of alternative names is that the registrar will check that no similar company...

Capitalisation of a Thai Company

 
Registered capital is the total financial responsibility of the shareholders to the company. Investment may be made with either cash or non-cash assets. Note that non-cash assets need to properly appraised. Each shareholder must pay into the company a minimum of 25% of the par value of their shares. This amount is commonly referred to as the company’s ‘paid up’ registered capital. It is...