I have some question about company ownership. Currently, our company has a capital of Baht 2 million and 51% local ownership. Is there any way to change company to be 100% foreign ownership?
Panwa: Kindly note that in case you would like to change company to be 100% foreign owned, you can do with options as below;
- You can apply under BOI
- Doing the business export 100% and no sale in local with 2 million capital
- Retail of all types of products by capital not lower than 100 million
- And wholesale of all types of products with capital not lower than 100 million
- Doing the business under Treaty of Amity (can hold the ownership 100% by US citizen)
- Register for trading of whole sale or retail business with capital of Baht 100 million for each kind.
For more information, please feel free to contact us:
Phone : +66 2 933 9000
Fax: +66 2 933 6120
Email: bkk@panwa.co.th
Hello sir.
If open Thai limited company with 51:49% share with foreign owned.
If this kind of company can engage in Import Export and domestic selling business?
The registered capital is: 2 mil. Am I right sir ?
If we can apply for a work permit but hiring 1or 2 thai staff in the starting year of business ?
How much is the standard charge yearly for thai directorship?
Please inform us total package of amount including govt charges and your fees for DBD registration, Vat and tax ID, Work permit apply.
I have obtained Non immigrant B Visa with my passport.
We may rent a small private office at nonthaburi.
Thanks
Alam k.
YOU:If open Thai limited company with 51:49% share with foreign owned. If this kind of company can engage in Import Export and domestic selling business?
Panwa: Yes you can carry out business for import, export and demestic selling.
YOU: The registered capital is: 2 mil. Am I right sir ?
Panwa: Normally for ordinary Thai company you can start company with Baht 15 ( 3 shares each Baht5), anyway if you prefer to apply for 100% foreign owned company you have to register with minimu Baht 2 million.
YOU: If we can apply for a work permit but hiring 1or 2 thai staff in the starting year of business ?
Panwa: under immigration rule require 4 Thai employee for 1 working permit.