mixmediana Posted May 20, 2017 Share Posted May 20, 2017 Hello, I would like to ask about the requirements and process to obtain a business name in Thailand for a foreigner, if anyone have an experience with this, kindly advise, Thanks in advance, Link to comment Share on other sites More sharing options...
Saladin Posted May 21, 2017 Share Posted May 21, 2017 I would also like to know this Link to comment Share on other sites More sharing options...
dotpoom Posted May 21, 2017 Share Posted May 21, 2017 Not sure if I'm addressing your question. I have had 5 "companies" here, two presently. I simply went into an accountants office for 2 of them, an Estate Agents for two and a Lawyers office for the other one. Prices varied from 25,000 down to 15.000 Bt. They were for the purpose of buying a house....the price depended on the value of the property....the capitol in the company. Link to comment Share on other sites More sharing options...
Saladin Posted May 21, 2017 Share Posted May 21, 2017 The question here is how to apply for a 'business name' as opposed to applying to register a business. Link to comment Share on other sites More sharing options...
bangkokairportlink Posted May 21, 2017 Share Posted May 21, 2017 Don't worry, you won't be able to do it :-) Link to comment Share on other sites More sharing options...
Sydebolle Posted May 21, 2017 Share Posted May 21, 2017 The Ministry of Commerce operates the "Department of Business Development" or DBD. There you register the name you want as well as two alternative substitutes. They check if the name is registered or not, if not then you can have it and must register it officially within 45 days - otherwise the name will be freed again. The whole thing goes at a nominal fee and can be done by yourself. This is about registering a name and not the business (Co., Ltd. or Limited Partnership); that procedure is different and also costs fees according to the registered capital of the business. If you're in Pattaya, the office is at GPS: 12.99747 100.92824, take ID along and some patience. More information on phone 1570 - or browse through their website at: http://www.dbd.go.th/dbdweb_en/main.php?filename=index Link to comment Share on other sites More sharing options...
khunPer Posted May 21, 2017 Share Posted May 21, 2017 To my knowledge you shall register a company limited (co. ltd.) – as others have already mentioned – a lawyer, or accountant, can do it for you; costs is from about 25,000 baht, plus/minus. Wish you good luck... Link to comment Share on other sites More sharing options...
ericthai Posted May 21, 2017 Share Posted May 21, 2017 OP just in case you dont know.. A thai citizen needs to hold 51% shares in the company. There is an exception for US citizens that can own 100%. Link to comment Share on other sites More sharing options...
mixmediana Posted May 22, 2017 Author Share Posted May 22, 2017 Hi again,, I will explain why I need a business name and how to use it, this may help to get the point directly and is any relevant answers, I need this name to re-active my profile on Alibaba, B2B platform, their new policies you must be a registered business name, or as they call it commercial name, and they will verify this online and provide them scanned copies of the registry document, or license, something like that, So what I need simply is to register to obtain a business name that being legally registered and verified, for online purpose and to be approved, I am not sure about the taxes or other liabilities with this, for Thai partner I can use my kids or my partner, no any issue with this point, Any idea about this kind of licenses? thanks. Link to comment Share on other sites More sharing options...
bangkokairportlink Posted May 22, 2017 Share Posted May 22, 2017 (edited) 3 minutes ago, mixmediana said: Hi again,, I will explain why I need a business name and how to use it, this may help to get the point directly and is any relevant answers, I need this name to re-active my profile on Alibaba, B2B platform, their new policies you must be a registered business name, or as they call it commercial name, and they will verify this online and provide them scanned copies of the registry document, or license, something like that, So what I need simply is to register to obtain a business name that being legally registered and verified, for online purpose and to be approved, I am not sure about the taxes or other liabilities with this, for Thai partner I can use my kids or my partner, no any issue with this point, Any idea about this kind of licenses? thanks. So you need a registration in a Thai name ? Why not printing it online ? I found this: Edited May 22, 2017 by bangkokairportlink Link to comment Share on other sites More sharing options...
Saladin Posted May 22, 2017 Share Posted May 22, 2017 21 hours ago, Sydebolle said: The Ministry of Commerce operates the "Department of Business Development" or DBD. There you register the name you want as well as two alternative substitutes. They check if the name is registered or not, if not then you can have it and must register it officially within 45 days - otherwise the name will be freed again. The whole thing goes at a nominal fee and can be done by yourself. This is about registering a name and not the business (Co., Ltd. or Limited Partnership); that procedure is different and also costs fees according to the registered capital of the business. If you're in Pattaya, the office is at GPS: 12.99747 100.92824, take ID along and some patience. More information on phone 1570 - or browse through their website at: http://www.dbd.go.th/dbdweb_en/main.php?filename=index Thank you for this. It answers everything. Link to comment Share on other sites More sharing options...
bangkokairportlink Posted May 22, 2017 Share Posted May 22, 2017 On 5/21/2017 at 2:48 PM, Sydebolle said: The Ministry of Commerce operates the "Department of Business Development" or DBD. There you register the name you want as well as two alternative substitutes. They check if the name is registered or not, if not then you can have it and must register it officially within 45 days - otherwise the name will be freed again. The whole thing goes at a nominal fee and can be done by yourself. This is about registering a name and not the business (Co., Ltd. or Limited Partnership); that procedure is different and also costs fees according to the registered capital of the business. If you're in Pattaya, the office is at GPS: 12.99747 100.92824, take ID along and some patience. More information on phone 1570 - or browse through their website at: http://www.dbd.go.th/dbdweb_en/main.php?filename=index The OP needs to register a business, not a name, a name won't be enough for alibaba, of course. Link to comment Share on other sites More sharing options...
Sydebolle Posted May 23, 2017 Share Posted May 23, 2017 18 hours ago, bangkokairportlink said: The OP needs to register a business, not a name, a name won't be enough for alibaba, of course. Read my answer and then click on the link - will be sufficient for Alibaba, trust me ;-) Link to comment Share on other sites More sharing options...
bangkokairportlink Posted May 23, 2017 Share Posted May 23, 2017 47 minutes ago, Sydebolle said: Read my answer and then click on the link - will be sufficient for Alibaba, trust me ;-) Thank you, and how much does it costs ? Link to comment Share on other sites More sharing options...
Sydebolle Posted May 24, 2017 Share Posted May 24, 2017 17 hours ago, bangkokairportlink said: Thank you, and how much does it costs ? Check with the DBP directly; apart from standard fees (registration of name, documentation issuances etc.) the fees vary depending on the capital you register. A THB 2 million company hovers around THB 15'000, all in, of which approx. THB 6'000 are the stamp fees for the registered capital per THB 1 million. But, as said, for binding information get in touch with the DBP via mail or call them. Good luck! Link to comment Share on other sites More sharing options...
Saladin Posted May 25, 2017 Share Posted May 25, 2017 Can I, as a foreigner residing here without a work permit, register a business 'name' but my fiance is the registered owner of the actual business. I am thinking of this as some security for myself in the event of a break-up. Link to comment Share on other sites More sharing options...
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