The Default For Most Foreign Businesses
Unless you qualify for BOI promotion or the US-Thai Treaty of Amity, your Thai company needs at least 51% Thai ownership. That’s the law. It’s also how the vast majority of foreign-owned businesses in Thailand are structured.
The key is doing it right: a proper shareholder agreement that protects your interests, reliable Thai partners, and a capital structure that supports your visa and work permit needs.
What you
Need to Know
Ownership Split
Thai law requires 51% Thai ownership for most business types. The foreign partner holds 49% but can retain operational control through board structure and shareholder agreements.
Capital Requirements
Minimum registered capital depends on your business activity. Standard companies typically start at 1-2 million baht.
Thai Partners
Finding reliable Thai partners is critical. We help structure the shareholding to protect your interests while meeting legal requirements.
How We Set It Up
We draft the shareholder agreement, prepare the memorandum of association, coordinate the statutory meeting, register with the DBD, get your tax ID, and register for social security if needed.
The whole process takes 2-4 weeks. You end up with a fully registered Thai company ready to open a bank account, hire employees, and start operating.