Can a foreigner open a company in Thailand? The answer would be that foreigners can start a company in Thailand under Thai law and with certain restrictions.
Most foreigners love visiting Thailand because it is beautiful and rich in resources. In the economy, foreigners are also interested in starting a company in Thailand. The key reasons that foreigners are interested in investing in Thailand are location, labor or human resources, and economic growth. All of this economic progress has encouraged foreigner open a company in Thailand.
The foreigner open a company in Thailand in 2 directions. The first direction is a Thai company that needs to have Thai partner, and a foreigner can control a company as a shareholder with up to 49%. The second direction is Foreign company. If a foreigner control a company as a shareholder with more than 50% , that company is called a foreign company and must apply for a foreign business license.
The type of business that are not permitted foreigner open a company in Thailand
Thai government has restricted the sorts of businesses that foreigners are not allowed foreign operate in Thailand. There are three types of businesses that are not allowed:
- Foreigners establish a business in Thailand for certain reasons, such as the newspaper business, radio broadcast business, herbal extract from Thailand, Thai antique trade and auctions, as well as ancient country and land trading.
- Foreigners establish a business in Thailand. Invest in the country’s security or safety.
- Invest in careers where Thais lack the readiness and capacity to compete in business with foreigners.
For foreigners who wish to start the process of establishing a company in Thailand, you will need to prepare a significant quantity of documentation, which may include complex paperwork and many processes. For you to connect and collaborate, The Company Bangkok has a partnership to assist and consult on registering and starting a business in Thailand.
If you would like to start a business in Thailand. Please do not be hesitant to contact us.
@The Company Bangkok @Asok @GMMGrammy Place 23 Floor.
About 10 mins from BTS Asok and MRT Phetchaburi or Sukhumvit
Business Hours: 9.00 – 19.00 Mon – Friday
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Call : 02 116 7924, 061-219-9244
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