Insights

TAXES

Different types of Taxes explained

– VAT

– Corporate Income Tax

– Withholding Tax

– Personal Income Tax

Revenue Department website in English

Company Types in Thailand: Complete Guide

Understanding business structures in Thailand

Choosing the right company structure is one of the first and most important decisions when starting a business in Thailand.

Different structures involve different rules regarding ownership, taxation, legal obligations and operational flexibility. Understanding these differences is essential, especially for foreign entrepreneurs and expats planning to operate in Thailand.

This guide explains the main company types available in Thailand and key considerations before making your decision.

• Thai Company Limited
• The Thai BOI Company
• Amity Treaty LC
• Branch Office
• Representative Office
• Limited Partnership

  • Legal Liability
  • Foreign owned
  • Maximum foreign ownership allowed
  • Minimum share capital
  • Minimum shareholders
  • Resident shareholder required

Majority Thai Limited Company

  • Limited
  • No
  • 49%
  • THB 10 *
  • 2
  • 51%

Thai Branch

  • Unlimited
  • Yes
  • 100%
  • THB 3 million
  • 0
  • No

Representative Office

  • Unlimited
  • Yes
  • 100%
  • THB 2 million
  • 0
  • No

Treaty of Amity (Limited Company)

  • Limited
  • Yes
  • 100%
  • THB 2 or 3 million
  • 3
  • No

BOI Company

  • Limited
  • Yes
  • 100%
  • THB 3 million
  • 3
  • No

Thailand Limited Partnerships

  • Limited/Unlimited
  • Yes with conditions
  • 100%
  • THB 2 million
  • 2 (one general partner and one limited partner)
  • No (with condition)

(*) but 2 million if work permit.

LICENSES

Coming soon…

VISAS

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