jmerrett Posted March 26, 2017 Share Posted March 26, 2017 What does it cost to set up thai company What do i need to do Sent from my SM-G935F using Thaivisa Connect mobile app Link to comment Share on other sites More sharing options...
Lamkyong Posted March 26, 2017 Share Posted March 26, 2017 well a very good question if the company is a multi million bht project at a guess about multi million bht should see it established Link to comment Share on other sites More sharing options...
princepavs Posted March 26, 2017 Share Posted March 26, 2017 Which kind of Thai Company you want to setup.. the cost of setting up of new company will depend upon the type of company you want to open Sent from my ONE A2003 using Tapatalk Link to comment Share on other sites More sharing options...
yankee99 Posted March 28, 2017 Share Posted March 28, 2017 An accountant should do it for about 10,000 baht a lawyer about 15-20k.... slightly more for a 2Mb compare. Sometimes VAT registration and por kor 20 are a little extra Link to comment Share on other sites More sharing options...
jeepsterman Posted March 28, 2017 Share Posted March 28, 2017 What are you trying to accomplish? A work permit? Visa? Propety? Working company? New Career? I had a lawyer setup up my partnership so I could own property and have a work permit... several around with an easy search.. I think it was 76,000THB and a lot of paperwork..even two rubber company stamps. Registered with 2M THB in capital, proof of building location, rent, landlord approval, office space (desks) with four employees paying taxes and health insurance, and only then I am able to have one work permit. Link to comment Share on other sites More sharing options...
Rampant20 Posted March 28, 2017 Share Posted March 28, 2017 I will ask about a Thai business for the purpose of buying property. Link to comment Share on other sites More sharing options...
Rampant20 Posted March 28, 2017 Share Posted March 28, 2017 Thanks Jeepsterman Link to comment Share on other sites More sharing options...
12DrinkMore Posted March 28, 2017 Share Posted March 28, 2017 Don't forget to add in the monthly/annual accountant's fees which can range from THB 8,000 to <enter large number> depending on complexity. And the cost of disolving the company later, which ranges from 15,000 to <enter large number> depending on complexity. Link to comment Share on other sites More sharing options...
Sooo Upto Me Posted March 28, 2017 Share Posted March 28, 2017 On 26/03/2017 at 4:42 PM, Lamkyong said: well a very good question if the company is a multi million bht project at a guess about multi million bht should see it established Stupid answer. Link to comment Share on other sites More sharing options...
bangkoken Posted March 28, 2017 Share Posted March 28, 2017 I did exactly what you are planning to do a year ago. I went with a law firm to assure that everything was legal and in order. The company I used was The Kingdom Law Group Co.,Ltd. I found them on their website. I must say it was a good choice. They were competent and fairly priced. No complaints. Link to comment Share on other sites More sharing options...
khunPer Posted March 28, 2017 Share Posted March 28, 2017 On 3/26/2017 at 10:46 AM, jmerrett said: What does it cost to set up thai company A Thai company limited will cost around 50,000 baht (+/-) in set-up, when a lawyer do the paperwork and registration for you, including fees for registration for a registered capital of 2 million baht – capital needed for one foreigners Work Permit, and the usual capital registered for co. ltd. with foreign shareholders. You shall normally receive a binder with the original Thai documents, including a tax number registration, and an English translation; the latter is very useful to understand what has been registered, and especially the "Particulars of the objective". Link to comment Share on other sites More sharing options...
jmerrett Posted April 1, 2017 Author Share Posted April 1, 2017 Thanks for the heads upSent from my SM-G935F using Thailand Forum - Thaivisa mobile app Link to comment Share on other sites More sharing options...
jmerrett Posted April 1, 2017 Author Share Posted April 1, 2017 Thanks guys i have been offered a restaurant bar at a really cheap price it apprently includes a company and all machineey and buisness for around 5000 usd Ate there any traps in transfering the company to my name Sent from my SM-G935F using Thailand Forum - Thaivisa mobile app Link to comment Share on other sites More sharing options...
steven100 Posted April 1, 2017 Share Posted April 1, 2017 Thats about 175,000 baht for the bar and a registered company ? Link to comment Share on other sites More sharing options...
jmerrett Posted April 2, 2017 Author Share Posted April 2, 2017 Yes approxSent from my SM-G935F using Thailand Forum - Thaivisa mobile app Link to comment Share on other sites More sharing options...
jmerrett Posted April 2, 2017 Author Share Posted April 2, 2017 Alot better than 2 million bahtSent from my SM-G935F using Thailand Forum - Thaivisa mobile app Link to comment Share on other sites More sharing options...
khunPer Posted April 2, 2017 Share Posted April 2, 2017 14 hours ago, jmerrett said: Thanks guys i have been offered a restaurant bar at a really cheap price it apprently includes a company and all machineey and buisness for around 5000 usd Ate there any traps in transfering the company to my name Sent from my SM-G935F using Thailand Forum - Thaivisa mobile app "...any traps..." A Thai company limited is not transferred to your name, but you can have up to 49% of the shares transferred to your holding, and be director (board-member) of the company, if you get the votes. Traps are: Who are the 51% of the shareholders (minimum two Thais), actually owing "your" company..? When is the co. ltd. established, and are there any proxy-shareholders, for old-time co. ltd. set-up, in the company..? How are the voting rights, i.e. do you, or anyone else, have preferred shares..? Status of balance and debt, i.e. any debitors or unpaid taxes, or due taxes..? Annual report for 2016, has that been audited and filed to tax-department..? Who hold the license for the bar/restaurant..? For $5,000, i.e. aprox. 175,000 baht, you probably take over a lease or rent contract for a bar-&-restaurant, how long time is left; and if originally lasting more than 3-years, has it been registered at Land Department..? If something is "really cheap", ask the question "why"..? –there may be a good reasonable explanation, or that ("really cheap") may be "the trap"..! Just what immediately comes to mind... Link to comment Share on other sites More sharing options...
bangkoken Posted April 19, 2017 Share Posted April 19, 2017 On 4/2/2017 at 5:58 AM, steven100 said: Thats about 175,000 baht for the bar and a registered company ? If it looks too good to be true...It probably is. Link to comment Share on other sites More sharing options...
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