Today, Thai Business Law Expert answers a question from a new client.
Question:
We would like to set up an exporting company which will be a 100% foreign owned. How much should we register as capital?
Answer:
Foreign owned 100% Thai limited company doing only exports needs at least 2 million Baht registered capital. However, this is good to meet the requirement to apply for 1 work permit only. For each work permit which will be applied later on, the company needs to increase its capital by 2 million Baht.
For more information on foreign business law, read the key point summary of Thailand foreign business law.
For your questions and more information on Thai Company Registration, contact ThaiLawyers.