Home FAQ Corporate Service Other Jurisdictions Common FAQ for Oversea Companies Establishment of A Company in Thailand
Common FAQ for Oversea Companies Establishment of A Company in Thailand
Q: |
How long will it take to establish a company in Thailand. |
A: |
About two weeks, but the follow-up registration affairs will be required about three weeks to proceed.
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Q: |
Is there any restriction on the nationality of shareholder or director for an Australia company? |
A: |
The minimum number of shareholders is required at least 3 persons and one of the shareholders shall hold at least 51% amount of shareholding. On the side of director, there is no particular requirement for the nationality of a shareholder, but the identity of shareholder is not allowed to be juristic person. |
Q: |
Is it required to apply for VAT for establishment of a company in Thailand? |
A: |
Yes. In the circumstance of annual revenue more than THB1,800,000, the company shall request an application of VAT to the revenue service office within 30 days from the date of filing such amount of revenue. |
Q: |
Is it required to notarize the proof of documents of directors and shareholders for establishment of a company in Thailand? |
A: |
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Q: |
Is it required for the responsible person of Thailand company to visit bank personally for application of a corporate bank account? |
A: |
Yes, it is. The responsible person shall present at the bank personally. |