5 Steps to Set Up a Business in Thailand

Step 1: Corporate Name Reservation

The name you wish to reserve for your company must not be the same or similar to that of other companies.

Step 2: Filing Of Memorandum of Association

A Memorandum of Association has to be filed with the Business Development Office. It must include the name of the company that has been successfully reserved,

Step 3: Convene a Statutory Meeting

After the share structure has been defined statutory meeting will be summoned where the articles of incorporation and bylaws are approved,

Step 4: Registration

Within three months of the date of the Statutory Meeting, the directors should submit the application for company establishment.

Step 5: Tax Registration

Businesses liable for income tax must obtain a tax I.D. card and number for the company from the Revenue Department within 60 days of incorporation or the start of operations.

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