#business · 1 year ago

How to Register Your Business in Bangkok, Thailand: A Guide for Foreigners

How to Register Your Business in Bangkok, Thailand: A Guide for Foreigners photo thailand

If you’re looking to start a business in Bangkok, Thailand, you’ll need to register your business with the Department of Business Development (DBD). Registering your business is a crucial step in the process of starting a business in Thailand, as it allows you to operate your business legally and protects your intellectual property.

Here are the steps to register your business in Bangkok, Thailand:

Step 1: Choose a Business Structure

Before registering your business, you'll need to decide on a business structure. The most common structures for foreign businesses in Thailand are a limited company or a partnership. A limited company is the most popular option for foreigners, as it offers the best protection against personal liability.

Step 2: Reserve Your Business Name

Once you've decided on a business structure, you'll need to reserve your business name. The DBD has an online system where you can check if your desired business name is available. Once you've confirmed that your business name is available, you can reserve it for 30 days by paying a fee of 100 baht.

Step 3: Prepare Your Documents

To register your business, you'll need to prepare the following documents:

  • Memorandum of Association
  • Articles of Association
  • Copies of the shareholders' passports
  • Evidence of the registered capital
  • Evidence of the business name reservation

Step 4: Submit Your Application

You can submit your application to register your business online or in-person at the DBD. If you're submitting your application online, you'll need to create an account and upload your documents. If you're submitting your application in-person, you'll need to bring your documents to the DBD office.

Step 5: Pay the Registration Fee

The registration fee for a limited company in Thailand is based on the registered capital. The fee is 5,500 baht for every 1 million baht of registered capital, with a minimum fee of 5,500 baht and a maximum fee of 25,000 baht.

Step 6: Wait for Approval

Once you've submitted your application and paid the registration fee, you'll need to wait for approval from the DBD. The approval process can take up to 7 business days.

Step 7: Obtain Your Business Certificate

If your application is approved, you'll receive a business certificate from the DBD. This certificate is proof that your business is registered and allows you to legally operate your business in Thailand.

Registering your business in Bangkok, Thailand, is a straightforward process that involves choosing a business structure, reserving your business name, preparing your documents, submitting your application, paying the registration fee, waiting for approval, and obtaining your business certificate. By following these steps, you can ensure that your business is registered and operating legally in Thailand.

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