Opening a Company in Thailand
Thailand is an emerging economic power in Asia, attracting foreign investors with its low operational costs and favorable government policies. The Board of Investment (BOI) offers tax and financing incentives, making it easier for companies to establish their presence in Thailand.
Advantages of Setting Up a Business in Thailand
Low Operational Costs
Affordable labor and a large market make it ideal for manufacturing and export.
Government Tax Incentives
BOI allows tax exemptions of up to 15 years for eligible companies.
Company Registration Requirements:
Types of Companies in Thailand:
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Limited Company: Foreign investors can hold up to 49% equity, with BOI approval allowing up to 100%.
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Branch Office: Foreign companies can open branches with the same tax benefits as local entities.
Company Registration Requirements:
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At least one shareholder and one director (both can be foreign nationals).
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Minimum capital of 1 yen, no maximum limit.
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Physical office address in Japan.
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While not legally required, hiring a professional consultant for compliance is highly recommended.