Limited liability companies are the most common and simple business entities that foreigners usually set up in Thailand.
Although the timeframe to legally register a limited company at DBD (The commercial Register in Thailand) is very fast (only one day), on the other hand the work of the lawyers in Thailand to structure correctly the voting rights of the shareholders, issuing preference and ordinary shares and the appointment of directors is key for the long-term growth of the company in Thailand.
In order to fully register a limited company in Thailand, DBD requires 3 promoters or shareholders that can be individuals or legal entities. There are limitations regarding the shareholding structure but the foreign investor must be protected under Thai Law, therefore it is advisable to pay attention on how the shareholding structure is designed by the lawyers in Thailand.
On this regard, H&P lawyers in Bangkok can assist you in the entire process of company set up in Thailand and provide:
-Reservation and registration of company name
-Draft of Memorandum of Association MOA and statutory meeting
-Obtain the Company Certificate
-Registration of VAT and Social Insurance
-Open Company bank account
-Assistance on Non-B Visa and Work Permit for foreigners
If you need to set up a company in Thailand, please do not hesitate to contact H&P Bangkok lawyers at [email protected]