What is the minimum capital for a company in Thailand?

A very popular question among foreigners wanting to operate a business in Thailand is how much minimum capital is required to set up a company in Thailand. A lot of people also want to know whether the capital needs to actually be paid or not.

If you are a foreigner and will need a work permit to run the day-to-day operation of the Thai company, you will need at least THB 2M as the registered capital for each work permit that your company will sponsor.  However, if you have a Thai partner who will be the authorized director who signs to bind the company, and you will not want a work permit for any foreigner, then the capital can be as little as THB 5 per share and because a company needs at least 3 shareholders, the registered capital can be as low as THB 15. However, the fee to register a company in Thailand is the same for THB 15 capital or THB 1M.

The capital has to be at least 25% paid up. However, if you need a work permit, it has to be paid up at least THB 2M for each work permit. In case the foreigner who requires a work permit is married to a Thai national, the capital can be THB 1 M for the work permit of that foreigner.

Eventually, the capital has to be fully paid up in the beginning and later the company can lend the money that it has left to its directors or shareholders or any third parties.

Learn more about the minimum capital and how to increase it, contact ThaiLawyers. We are part of MSNA Group.