preparation company limited registration

17
Thailand - Company Registration

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How to Establish / Registration of Company Limited in Thailand

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  • 1. Thailand - Company Registration

2. AGENDA Company Category Related Law / Act. For Registration Company Registration Requirements Required Documents 3. Thailand Company Category Business Category Juristic Person Non-Juristic Person 1. Ordinary Partnership (Registered) 2. Limited Partnership Specific Organization, Special Law Organization (eg. Non-profit Org.) Personal Shop/Store (One Person Owner) Ordinary Partnership (Non-Registered) Company Limited Public Company Limited 4. Related Law / Act. For Registration Civil and Commercial Code Thailand Civil and Commercial Code, section 1108 Thailand Civil and Commercial Code, section 1110, section 2 5. Company Limited Company Limited Is that kind of company which is formed with a capital divided into equal shares (usually 100/share), the liability of the shareholders being limited to the amount unpaid on the shares respectively held by them. Establishment of Company Limited To establish the company limited, shall process according to the following: 1. Must have at least 3 persons signing together in order to prepare Memorandum and then register. Upon receiving the amount of shares, the director must register as the company within 3 months from the date of companys meeting to establish the company. 6. Memorandum of Association Process within One Day Submission to Registrar within 30 Days Company Registration Process: Start by Register DBD Account Reserving for Company Name Process Pre-registration (One Day) Prepare Documents Submission to Registrar (within 30 Days) Registration Process 7. Registration Process Reserved for Company Name Register Memorandum of Association Conduct Statutory Meeting Generally, 6 Agenda is required Submitted for Company Establishment Registration Received the Certificate of Registration [Optional] VAT Registration, SSO Registration 8. Preparing Company Registration (1) Companys name (the same as the name reserved) (2) Location of head office (located at which province) (3) Objective of the company (4) Registered capital must be divided into each share with the same value (shares value must be at least 5 Baht) (5) Name, address, age, occupation and number of shares that persons who start up the company reserve to buy the shares) (6) Name, address, age of 2 witnesses 9. Company Registration Requirements (cont.) 1. Reserved Company Name ( 3 ) initial at least 3 names both in Thai and English. 2. Objective of the Company () 3. Registered Capital and Number of Shares ( ) 4. Distribution of Shared among Share Holders with amount () 10. Company Registration Requirements (cont.) 5. The appointment of the first directors and auditors and the fixing of their respective powers.() 6. HQ and Branch Office Location ( ) 7. Company Stamp () 8. Committee Personal Documents ( ) 9. Registering the Memorandum( ) 11. Company Registration Requirements (cont.) 10. Value Added Tax (VAT) Registration Documents () 11. Social Insurance Registration( ) 12. Required Documents .1 .2 - .1 .3 . 13. Required Documents ( 7 ) .5 .1 83 (.. 2515) 14. Fee Rate for Registering Company Limited (1/3) Registration Company Limited Baht 1. Registering the memorandum of association 500.- 1.1 Registered capital of no more than 1,000,000 Baht 50.- 1.2 Every 100,000 Baht of the increase of registered capital (fraction of 100,000 Baht shall be counted as 100,000 Baht) 50.- 1.3 Registered capital of more than 50,000,000 Baht 25,000.- 2. Register for company limiteds establishment 5,000.- 2.1 Registered capital of no more than 1,000,000 Baht 500.- 2.2 Every 100,000 Baht of the increase of registered capital (fraction of 100,000 Baht shall be counted as 100,000 Baht) 500.- 2.3 Registered capital of more than 50,000,000 Baht 250,000.- 15. Fee Rate for Registering Company Limited (2/3) Registration Company Limited Baht 3. Registering the companys merger 5,000.- 4. Registering the medication 250,000.- 4.1 Registering the extraordinary resolution (capital increase / capital decrease / companys merger) 400.- 4.2 Registering the capital increase (calculate according to every 100,000 Baht of the increase) 500.- (Increase for more than 50,000,000 Baht) 250,000.- 4.3 Registering the capital decrease 400.- 4.4 Registering the modification of every clause of the memorandum of association 400.- 4.5 Registering the modification of every clause of the regulation 400.- 16. Fee Rate for Registering Company Limited (3/3) Registration Company Limited Baht 4. Registering the medication (cont.) 250,000.- 4.6 Registering for new directors per person 400.- 4.7 Registering for partners resignation (no limit) 400.- 4.8 Registering the modification of directors authority 400.- 4.9 Registering the change of location of head office and / or branches 400.- 4.10 Registering the modification of seal 400.- 4.11 Register other transactions that should be publicized 400.- 5. Registering the companys liquidation 400.- 6. Registering the change of liquidators 400.- 7. Registering the modification of liquidators power and authority 400.- 8. Registering the modification of liquidation office 400.- 9. Registering the completeness of liquidation 400.- 17. Relevant Word(s) Promoter, Instigator, Founder = Memorandum of Association = Articles of Association = Affidavit, Certified Document/Letter = Statutory Meeting, Formation Meeting = Special Resolution, Extraordinary Resolution Juristic person = Ordinary person, Natural person = Grantor/Grantee, Principal/ Agent = Directorate, Committee =