Company – Partnership
Business Formation and Legal Entity Registration Services in Thailand
Thai Visa Legal provides comprehensive services for business formation and legal entity registration in Thailand for both Thai nationals and foreigners. With a team of experts experienced in business law and company registration, we are ready to provide consultation and assistance to ensure your business starts legally and operates efficiently.
Our Services
1. Ordinary Partnership Registration
An ordinary partnership is a business form where all partners have unlimited liability for the business debts. It is suitable for small businesses with few partners.
Key Features:
All partners have unlimited liability (responsible for all business debts)
No minimum registered capital requirement
Simple formation and management process
Partners are taxed as individuals
Our Services:
Consultation regarding business form suitability
Drafting partnership agreements
Commercial registration (for non-juristic ordinary partnerships)
Registration of juristic ordinary partnerships (if juristic status is desired)
Tax ID registration
VAT registration (if necessary)
Opening partnership bank accounts
Required Documents:
ID cards or passports of all partners
House registrations of all partners
Office location map
Lease agreement or consent letter for using premises
Business objectives details
2. Limited Partnership Registration
A limited partnership is a business form where some partners have limited liability up to their investment amount, while other partners (managing partners) have unlimited liability.
Key Features:
Two types of partners: limited liability partners and unlimited liability partners
Must have at least one managing partner
Is a juristic person separate from the partners
Taxed at corporate tax rates
Our Services:
Consultation on ownership structure and management
Preparation of all registration documents
Limited partnership registration submission
Tax ID registration
VAT registration
Partnership seal creation
Opening partnership bank accounts
Business license application (if necessary)
Required Documents:
ID cards or passports of all partners
House registrations of all partners
Office location map
Lease agreement or consent letter for using premises
Capital and profit-sharing details
Business objectives details
3. Limited Company Registration
A limited company is the most popular business form in Thailand, as shareholders have limited liability up to their investment amount and it has high credibility for doing business.
Key Features:
Shareholders have liability limited to their investment amount
Must have at least 3 shareholders
Registered capital must be divided into equal shares (minimum 5 baht per share)
Must have at least 1 director
Taxed at corporate tax rates
Our Services:
Consultation on shareholding structure and management
Company name reservation and duplication check
Preparation of all registration documents
Drafting company regulations
Organizing the company establishment shareholders meeting
Company registration submission
Tax ID registration
VAT registration
Company seal creation
Opening company bank accounts
Business license application (if necessary)
Special Services for Foreigners:
Consultation on foreign shareholding restrictions under the Foreign Business Act
Recommendation on appropriate shareholding structures under Thai law
Consultation on tax benefits and investment promotion (BOI)
Trusted Thai nominee shareholder services within legal frameworks
Assistance with visa and work permit applications for foreign directors and employees
Required Documents:
ID cards or passports of all shareholders and directors
House registrations of all shareholders and directors
Office location map
Lease agreement or consent letter for using premises
Registered capital and share distribution details
Company objectives details
4. Director/Partner Change Registration Services
When your business undergoes changes in management structure or shareholding, it is necessary to register these changes in compliance with the law.
Our Services:
Director Change – Adding, removing, or changing directors and their authorities
Managing Partner Change – Changing managing partners in partnerships
Shareholder Change – Share transfers, adding shareholders, or changing shareholding proportions
Registered Capital Change – Increasing or decreasing registered capital
Office Location Change – Relocating head office or branches
Legal Entity Name Change – Changing company or partnership names
Objectives Change – Adding or modifying business objectives
Regulation Change – Amending company regulations
Our Work Process:
Initial consultation about desired changes
Organizing shareholders or partners meeting to resolve on changes
Preparing meeting documents and resolutions
Preparing forms and documents for change registration
Submitting change registration to the Department of Business Development
Notifying other relevant agencies of changes (e.g., Revenue Department, Social Security Office)
Updating company documents to reflect changes
Required Documents (varies by change type):
Latest company certificate
ID cards or passports of new directors/partners
Minutes of shareholders or partners meeting
Share transfer evidence (for shareholder changes)
Share payment evidence (for capital increases)
Lease agreement or ownership documents for new location (for relocations)
Registration forms according to change type
Why Choose Thai Visa Legal
Experience and Expertise – We have a highly experienced team in business registration and business law consultation
Comprehensive Service – We manage every step from initial consultation to completed registration
Foreign Business Expertise – We specialize in setting up businesses for foreigners within Thai legal limitations
Monitoring of New Laws – We regularly track changes in laws and regulations
Post-Registration Services – We provide ongoing services after registration, such as accounting, tax filing, and business consultation
Frequently Asked Questions
Q: Can foreigners own businesses in Thailand?
A: Foreigners can own businesses in Thailand, but there are restrictions under the Foreign Business Act. Generally, foreigners can hold up to 49% of shares in most businesses unless they receive promotion from the BOI or special permission.
Q: Which business form is most suitable for foreigners?
A: A limited company is typically the most suitable form for foreigners due to its credibility and limited liability. However, the best choice depends on your business nature, investment size, and objectives.
Q: How long does it take to register a company in Thailand?
A: Generally, the process of registering a limited company in Thailand takes approximately 7-14 business days from the date all documents are complete. However, the timeline may vary depending on the complexity of the company structure and business type.
Q: What is the minimum registered capital for a limited company?
A: There is no minimum registered capital requirement for limited companies with all-Thai shareholders. However, if there are foreign shareholders, the minimum registered capital varies according to the business type and the proportion of foreign shareholding. Generally, for businesses with 49% foreign ownership, the recommended minimum registered capital is 2 million baht.
Q: If I want to change my company structure later, what should I do?
A: Changes to company structure, such as changes to directors, shareholders, or registered capital, must be registered with the Department of Business Development within 14 days of the resolution to make such changes. Thai Visa Legal can assist you in preparing documents and processing registration changes correctly and promptly.
Contact Us
For more information or to schedule a consultation about our business formation and legal entity registration services, please contact Thai Visa Legal:
Phone: 080-765-6400
Email: info@thaivisalegal.com
Website: www.thaivisalegal.com
Office: 83 Sukhumvit 93, Bangchak, Prakanong, Bangkok 10260 Thailand
Our expert team is ready to provide consultation and help you start your business in Thailand legally and efficiently.