Setting Up a Business
in Thailand, Properly
From name reservation through final registration, Globex Consulting guides founders and investors through each formal step of company formation — with clarity and without hurry.
Formation Services
Three clearly scoped engagements, each designed to address a distinct stage of business formation in Thailand.
Sole Proprietor & Partnership Setup
A focused engagement covering name reservation, founding documents, and submission to the Department of Business Development. Suited to individuals starting a small enterprise or formalising existing informal trading.
- Trading name reservation
- Founding document preparation
- DBD submission assistance
Private Limited Company Incorporation
A staged engagement covering name reservation, memorandum of association, articles preparation, founding shareholders' meeting, and registration. Suited to founders setting up new ventures backed by family capital or early-stage investors.
- Memorandum & articles drafting
- Shareholders' meeting preparation
- Post-formation filing guidance
Holding Structure with Foreign Participation
An advisory engagement for a Thai operating company alongside a holding entity. Covers foreign business considerations, capital structure, share classes, and shareholder agreements. Includes a written explanatory memorandum on how the structure operates after formation.
- Foreign business considerations
- Inter-company arrangements
- Explanatory structure memorandum
Why Founders Choose Globex Consulting
A considered approach to company formation — where each step is explained before it is taken.
Regulatory Familiarity
Our team works directly with the Department of Business Development and understands the procedural requirements that can slow an otherwise straightforward registration.
Document Precision
Founding documents are prepared with the care that avoids later amendments. Articles, memorandums, and shareholder agreements are drafted in plain, workable language.
Foreign Participation Guidance
For engagements involving overseas shareholders or holding structures, we coordinate with overseas counsel and produce a written memorandum so clients understand what they have built.
Measured Timelines
We provide realistic estimates at the outset and keep clients informed at each formal stage — name reservation, document filing, authority confirmation.
Plain Communication
Correspondence is written in English. Advice is given in plain terms. Clients are not burdened with unnecessary legal language or unexplained technical steps.
Bangkok-Based Practice
Located in Lumphini, close to the commercial and administrative centre of the city. Meetings can be arranged in person for clients who prefer a face-to-face consultation.
Ready to Begin the Formation Process?
Tell us about your proposed structure and we will outline the steps involved, the documents required, and the expected timeline.
Frequently Asked Questions
Practical answers to common questions about company formation in Thailand.
What is the difference between a sole proprietorship and a private limited company in Thailand?
A sole proprietorship has one owner who bears full personal liability for the business. A private limited company (บริษัทจำกัด) is a separate legal entity with limited liability for its shareholders. The company structure is better suited to businesses with multiple stakeholders or those planning to take on staff and enter into significant contracts.
Can a foreigner own a Thai private limited company outright?
In most business sectors, foreign ownership is restricted to 49% of shares under the Foreign Business Act. Some sectors are fully open to foreign ownership, and others have separate licensing frameworks. Where full foreign participation is sought, a holding structure or specific licensing pathway may be considered. We outline the options relevant to the client's activity at the outset of each engagement.
How long does company registration typically take?
A sole proprietorship registration can often be completed within a few working days once documents are in order. A private limited company typically takes two to three weeks from the name reservation stage through to the issuance of the company certificate. More complex holding structures with foreign participation have longer preparation phases and may take four to six weeks depending on the scope.
What documents will I need to provide?
Requirements vary by engagement. Generally, individual founders will need copies of their passport or national identification. For company formation, information about shareholders, directors, and the proposed business activities will be needed. We provide a detailed document checklist at the start of each engagement so clients know what to prepare.
Do I need to be present in Bangkok to complete the formation?
In many cases, the process can be managed without the client being present in Thailand, provided that authorisation documents are properly executed. Where in-person presence is required by the relevant authority — for example, for certain signatures or attestations — we advise clients of this well in advance.
What happens after the company is registered?
Registration is the formal beginning of the company's legal life. Subsequent steps include opening a corporate bank account, registering for VAT if applicable, obtaining any industry-specific licences, and setting up accounting records. Our incorporation engagements include a short note on these subsequent operational filings so clients have a clear picture of what follows.
Our Office
88 Witthayu Road, Lumphini, Pathum Wan, Bangkok 10330
Arrange a Consultation
Share a few details about your situation and we will be in touch within one working day.
Contact Details
Telephone
+66 2 058 2746Address
88 Witthayu Road
Lumphini, Pathum Wan
Bangkok 10330, Thailand
Office Hours
Monday – Friday: 9:00 – 18:00
Saturday: 10:00 – 14:00 (by appointment)
Sunday: Closed
All consultations are conducted in English. Initial responses to enquiries are typically provided within one Bangkok working day.