How Much Does It Cost To Register A Company In Thailand
Total company registration cost varies as government fee is not constant. My total cost per employee is 37827 per month or roughly 104975.
All of them are include company registration in Thailand apart from consultancy fees.
How much does it cost to register a company in thailand. What this amount is depends on your business plan However the minimum capital in order to sponsor a work permit for a foreigner is 2m Baht per person and this should be 100 paid up. Starting with the big numbers. There is no minimum capital requirement to register a company you can start with at least Baht 5 per share and 3 shares minimum which you can start with Baht 15 capital.
The majority of shares in a Thai company must be owned by a Thai citizen unless it is part of a special Board of Investment BOI program. Moreover the government fee for capital Baht 15 or higher than Baht 15 has the same government fee. Overhead costs account for 10451 of that and consists of anything from rent 2773 to drinking water at 18.
Register a company apply for Tax ID. This is normally required by the Department of Labour and may also have to be proven for visa extensions depending on the type of. Therefore the govt fee to line up a Thai company is concerning seven000 for Thai monetary unit one M registered capital.
However the govt fee to register a corporation in Thailand is that the same for Thai monetary unit fifteen capital or Thai monetary unit 1M capital. Baht 1190 Subtotal with VAT thus equals to around Baht 25000 to Baht 31000. What we serve you for setting up company company registration company formatting in Thailand Fee.
Case of capital exceeding Baht 5 million our fee will be decided case by case Covering. Baht 17000 plus Baht 8000 for VAT registration. Register your company in Thailand effortlessly without as much as touching a legal form.
But it is somewhere around Baht 24000 or Baht 30000. Company Registration in Thailand for Foreigners. However the government fee to register a company in Thailand is the same for Baht 15 capital or Baht 1M capital.
Having said that you do not need to have this amount of money in your bank before you can register your company. Register your company in Thailand fast affordably. If this is a hardship for your start up business in Thailand talk to us about possible solutions.
Remember the cost of applying visa and work permit is not included in. Depending on its business activities a Limited Company may have to register for the Value Added Tax or Specific Business Tax. Acclime makes it easy for foreign entrepreneurs and established businesses to start their company in Thailand.
Thus the government fee to set up a Thai company is about 7000 for Baht 1. There is actually no minimum capital required to setup a company in Thailand but we would recommend at least Two Million Baht as this is the minimum required capital to allows your company to employ foreigner and sponsor a work permit. Some companies are required to register into the VAT Value Added Tax system depending on the types of.
A Thailand limited company requires a minimum of three promoters who file a memorandum of association convene a statutory meeting and register the company. At Umpire Legal we take worry uncertainty out of starting a business in Thailand eliminate the unnecessary guesswork from the complex legal process and help get your Thai company set up for real success. Once the Thai company has been registered it needs to obtain a tax identity card.
The registration fee for the MOA and establishing the company is THB 5500 per THB 1 million of registered capital. 7 VAT is also implied of service fee. The company must register 2000000THB of capital per foreigner half if married to a Thai and must employ 4 Thai staff per foreign employee.
One thing needs to be clarified. This means that foreigners can only own up to 49 of a Thai company. With our complete company registration services you can have your Thai business registered from a single convenient place in as fast as 7 days.
