Company Formation
Thailand Co. Ltd.
Incorporate your Thailand Co. Ltd. — with BOI promotion for 100% foreign ownership, 20% corporate tax (15% for SMEs), and work permit options. Strasia Group guides you through the entire process.
Why a Thailand Co. Ltd.?
Thailand offers a growing economy, low cost of living, and a strategic environment for international entrepreneurs. Incorporating a Thai Co. Ltd. is the most common path for foreign entrepreneurs. By default, foreign ownership is limited to 49% — however, 100% is possible with BOI promotion or the US Amity Treaty. A Thai Co. Ltd. can, under certain conditions, sponsor a work permit (typically from 4 Thai employees) and may enable land purchase in specific structures.
Strasia Group supports you with the entire incorporation — including BOI promotion for 100% foreign ownership, work permit applications, and ongoing compliance.
Advantages of a Thailand Co. Ltd.
Incorporation Process
Consultation & Structuring
Day 1–3We advise on the optimal structure based on your business model.
Name Reservation & Documents
Day 3–7Name reservation with DBD and preparation of all incorporation documents.
Registration & Licenses
1–3 WeeksRegistration with the Department of Business Development (DBD) and application for required licenses.
Bank Account & Tax Number
Week 2–4Opening a Thai business account and registration with the Revenue Department.
Work Permit
From Week 3Application for the work permit. Please note: Only with a valid work permit / legal work status may you work in your own company in Thailand.
Frequently Asked Questions
Can I be 100% foreign owner?
What is BOI promotion?
Do I need a work permit?
Tax Comparison
Thailand vs HK vs SG vs Dubai vs USA vs UK — Company Formation
Compare the key jurisdictions for your company formation at a glance.
| Criterion | Thailand | Hong Kong | Singapore | Dubai | USA | UK |
|---|---|---|---|---|---|---|
| Corporate Tax | 20% | 0–16.5% | 0–17% | 0–9% | 0–21% | 19–25% |
| VAT | 7% | 0% | 9% | 5% | 0% | 20% |
| Formation Time | 2–4 weeks | 1–3 days | 1–3 days | 5–10 days | 3–5 days | 1–3 days |
| 100% Foreign Ownership | With BOI | Yes | Yes | Yes (FZ) | Yes | Yes |
| Bank Account Access | Good | Excellent | Excellent | Good | Good | Good |
| Payment Processing | Limited | Excellent | Excellent | Limited | Good | Good |
Data as of 2026. Information subject to change.
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