1. Determine the company name:
Applicants need to provide three company names, in order of priority, and apply for approval to the business development office. If the word "Thailand" appears in the company name, it should be put in brackets, namely XXX (Thailand) Co., Ltd., and the English company name should be translated into Thai. The Registration Department of the Business Development Department will reply to the audit opinion after checking whether the Thai characters and company names are duplicated. Company registration can be applied through the website. The company name verification time is generally within 3 working days.
2. Registered address of the company:
(1) If you use your own property, you need to have the property owner's household registration book and ID card;
(2) If renting other people's property, the original lease, the property owner's household registration book and ID card shall be provided;
③ The road map of the company's location.
3. Proposed business scope:
The first 22 business scopes (general business scopes) of a private limited company are the same, that is to say, this limited company has already included 22 general scopes. In particular, starting from Article 23, each company will draw up a unique business scope, covering production, operation, processing, import and export and service research and development, so the business scope of each company is generally between 25 and 27.
4. Determine the registered capital and capital verification
Thailand does not clearly stipulate the minimum registered capital of a company, but considering the issue of work permits for foreign employees and the requirements of some industries that the registered capital of foreign-funded enterprises must reach more than 3 million baht, we generally recommend that foreign-funded enterprises determine the registered capital at more than 2 million baht. According to Thailand's policy, a Thai company can only apply for a work permit for China people with a registered capital of 2 million baht, and it must meet the condition that every four Thai employees can be employed 1 China employees. Of course, if the company is driven by BOI investment, it can be exempted from this restriction. For the specific method of applying for BOI, please consult Guangzhou's going out information.
According to Thailand's foreign business law, foreign-owned Thai companies need to invest at least 25% of the registered capital and provide proof that the bank funds are in place. However, if the registered capital is less than 5 million baht, there is no need to submit a capital verification report.
5. Determine the shareholders and legal signatories
Every company must have a sponsor when registering. The sponsor must be a natural person (unincorporated person) and must sign documents during the registration process. According to the Company Law, the promoters of a limited company shall be at least three natural persons over the age of 12, and at least one of them must become the initial shareholder of the company and hold at least one share of the company after registration. The promoters of private limited companies are usually free to transfer these shares to existing shareholders or third parties. The promoters of Volkswagen Co., Ltd. must be at least 20 years old, and all promoters must subscribe for shares, and the total amount shall not be less than 5% of the registered capital. The above-mentioned shares shall not be transferred within 2 years from the date of company registration, unless explicitly agreed by the shareholders' meeting.
The legal signatory must be selected from the sponsors, and the effective legal signature authority can be formulated in the form of 1 single signature, double signature by two people or single signature by any one of three people.
6. Design company seal:
After designing and producing the company seal, it shall be formally registered in the Commercial Registration Bureau of the Ministry of Commerce, and the seal after filing cannot be changed and replaced at will. If you want to change it, you must re-apply to the Commercial Registration Bureau of the Ministry of Commerce for filing.
7. Other application documents
In addition to the above six items, investors also need to provide information. Other application documents, such as business license, articles of association, articles of association, minutes of the company's founding meeting, tax registration and other documents, are similar and have specific formats. Applicants only need to fill in the relevant Thailand information in the form.
It will take about 3-7 working days if the registration procedures of the above companies are complete.
8. Bank account opening:
After the company registration documents are processed, it is necessary to open an account in the bank. The legal signatory needs to open an account in a bank.
9. Tax registration:
The Thai Taxation Bureau stipulates that all business activities that need to pay enterprise income tax must apply to the Taxation Bureau for tax registration certificate within 60 days from the date of establishment or registration. A company with an annual turnover of over 6,543,800,000 baht shall register and pay VAT within 30 days from the date when the annual turnover exceeds this amount.
Tax registration mainly deals with the application for value-added tax (PP.0 1), the application for the right to use value-added tax (PP.0 1. 1) and the corporate tax card, which are handled at the tax office of the place of registration. If the documents are complete, the first two applications will be completed on the same day, and the original VAT card will be sent to the registered address of the company by the local taxation bureau within 45 days. For tax registration, it is necessary to provide the registered address book, company registration certificate, legal person passport, company business scope, company signboard and house number, registered address map, etc. All documents must be signed and sealed by the legal signatory before being submitted to the local tax bureau.
10. Handling social security registration:
After the company handles the social security registration, the payment ratio is 5% for the company and 5% for the employees.