Step 1: company name verification

Applicants are required to provide three English company names, transliterate English into Thai, and submit them to the business development department, which will reply to the audit results after verifying the Thai meaning and whether the company names are duplicated. The Business Development Department will sort the applications according to the time submitted by the applicants, and the general name verification time is 2-3 working days.

Step 2: Provide the registered address materials.

When registering a company, you only need to provide the household registration book and map of the registered address.

Step 3: Determine the business scope.

The first 22 business scopes of a private limited company are the same, that is to say, after the company is established, it can operate the first 22 business scopes (except that some industries need to apply for licenses). What is special is that starting from Article 23, each company will draw up its own business scope, covering production, processing, service research and development and other business contents.

Step 4: Determine the registered capital.

The minimum registered capital of foreign companies in Thailand is 2 million baht, but the final registered capital needs to be confirmed according to the actual operation of the company.

( 1)? Joint venture (restricted industry): The Thai government stipulates that foreigners can apply for a work visa only if the registered capital of the joint venture reaches 2 million baht and social security is purchased for four Thais 1 (BOI company is not subject to this restriction).

(2) Wholly foreign-owned company (BOI company): The amount of registered capital shall be finally determined according to the investment plan approved by BOI;

Step 5: Determine the shareholders and legal signatories.

(1) Shareholders: Each company must be established by at least three promoters (natural persons) as shareholders of the company, with at least 1 share, and relevant documents must be signed by the three promoters during the registration process.

(2)? Legal signatory: The legal signatory can sign with 1 person, or two or three people can sign at the same time to establish effective legal signature authority.

Step 6: Design the official seal

After designing and manufacturing the company seal, when submitting the company registration materials to the Business Development Department, the seal shall be registered and put on record at the same time. The registered seal shall not be changed or replaced at will. If you need to change, you must go to the business development department to re-register and apply for filing.

Step 7: Draft the registration documents and submit them.

After the investors have prepared the materials according to the above six items, they begin to draft the relevant materials for company registration and submit them to the business development department. The materials include the company's business scope, the minutes of the company's founding meeting, and the distribution of shareholders.

Usually, the business license can be obtained within three working days after the information is accepted.

Step 8: Open a bank.

After the company is established, you can go to the bank to open a company account immediately. When a bank opens an account, the directors must go to the bank for an interview.

After the bank accepts the information, the general savings account will be opened on the same day, and online banking will take 7-20 working days.

Step 9: Apply for VAT registration certificate PP20.

The company must operate normally. According to the regulations of the Thai Taxation Bureau, if the turnover exceeds 6.5438+0.8 million baht, or it is necessary to issue a tax invoice for capital increase, it must apply for a VAT registration certificate.

After the documents are submitted, tax officials will generally go to the company for verification within 3-7 working days. If the certificate is approved, the State Administration of Taxation will send the original tax registration certificate to your registered address within 1-2 weeks.

Step 10: Open a social security account.

After the company is established and recruits employees, it should immediately open an account with the Social Security Bureau to pay social security for employees. The social security contribution ratio is 5% for the company and 5% for the employees.