US-Thai Treaty of Amity

The US-Thai Treaty of Amity provides significant benefits and legal protection to American citizens and companies. Tila legal can assist with submitting documents and getting certification from the commercial section at the US Embassy to qualify for this protection. An Amity treaty company receives “National Treatment.” It also takes longer and is more expensive to register than a Thai or...

Registering a Company Under the Thailand Board of Investment

Registering a Company Under the Thailand Board of Investment is an attractive option for foreign and local entrepreneurs. The agency offers non-tax incentives that are tailored to specific business categories. However, the process can be time consuming and requires a thorough understanding of Thai law and business culture. It’s important to work with a local lawyer who has experience with BOI...

Set Up a Representative Office in Thailand

Setting up a Representative Office in Thailand is a cost-effective way for companies to establish their presence in the country. The Representative Office can conduct non-income-generating activities on behalf of its parent company. The Department of Business Development usually issues a certificate within two to four weeks following submission of the required documents, which permits the...

Thailand Board of Investment

Thailand has long been a go-to destination for tourists, but it is increasingly becoming a hotbed for business investment as well. The government, recognizing the importance of foreign investment for the country’s economic growth, has established various incentives to attract international businesses. One such mechanism is the Board of Investment (BOI), which offers a range of benefits to...

Setting Up a Representative Office in Thailand

Thailand has emerged as an attractive destination for foreign businesses looking to tap into the Southeast Asian market. For many companies, opening a representative office is a viable option that offers a low-risk yet highly effective way to assess market potential, facilitate trade, and understand local regulations. This guide provides an in-depth look into the process of setting up a...

Registering a Limited Company in Thailand

Thailand, known for its picturesque beaches and bustling markets, is more than just a tourist destination. It is a land ripe with opportunities for entrepreneurs and investors. Over the years, Thailand has improved its business-friendly policies, making it easier for individuals to register and operate a limited company. Here’s a comprehensive guide to assist you through the process of...

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...