Thailand Company Incorporation

What We Handle

From Structure Design to Business License

Foreign ownership in Thailand is subject to the Foreign Business Act, and agrochemicals add registration-holder requirements on top. We don’t just process paperwork — we get the structure right first.

Equity structure design (Thai / JV / wholly foreign / BOI)
Name reservation and Articles of Association drafting
Capital verification and shareholder structure
Business license, tax ID and VAT registration
BOI privilege application (where applicable)
Bank account opening support and company seal registration

Process

1

Structure Consultation1–3 days

Clarify business nature, shareholding ratio, and applicability of foreign ownership restrictions

2

Name Reservation1–3 days

Submit three name options for Ministry of Commerce approval

3

Documentation & Registration2–4 weeks

AoA, shareholder documents, registered address — filed with the Dept. of Business Development

4

Tax & Social Security1–2 weeks

Tax ID, VAT registration, social security account

5

Bank Account & Handover1–2 weeks

Assist account opening; hand over the full corporate document set and seal

Heads-up

Agrochemical businesses typically need additional hazardous-material permits and a pesticide business licence. Plan them at setup stage to avoid amending your business scope later.

Frequently Asked Questions

Can foreign investors hold 100%?

In some sectors, yes. Pesticide-related business touches the restricted list under the Foreign Business Act, so pure trading usually requires Thai majority ownership or a BOI exemption. The right structure depends on your scope of business, and we set out the workable options at assessment.

How long does incorporation take?

With complete documents it usually takes one to two months to the business licence, tax registration included. Applying for BOI privileges adds several more months.

Is there a minimum capital requirement?

Yes. A wholly foreign-owned company is generally required to have at least 2 million baht, and where work permits for foreign staff are involved there are higher capital and employment-ratio requirements. The exact figure depends on the structure and your hiring plan.

Do shareholders need to come to Thailand in person?

Usually not. It can be done through a power of attorney with notarised and legalised documents, filed by us on your behalf. A few banks require directors to sign in person for account opening, which we arrange in advance.

Need a Plan Tailored to Your Product?

Tell us your active ingredient, formulation and target market. We’ll come back with feasibility and a cost range within 1–2 weeks.

Get Free Assessment

Company Registration