Best Business Registration Lawyers in Surat Thani

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Fairfax Law Firm Company Limited

Fairfax Law Firm Company Limited

Surat Thani, Thailand

Founded in 2020
5 people in their team
About Fairfax Law FirmHere's a little information about Fairfax Law Firm. We are based in Koh Phangan, Thailand and are a team of licensed lawyers,...
English
Thai
PllK Samui Law & Business

PllK Samui Law & Business

Surat Thani, Thailand

Founded in 2017
4 people in their team
Welcome to PllK Samui Law and BusinessPllK Legal is an international law firm based in Samui providing legal services in Thailand with professional...
English
Thai

Thailand Business Registration Legal Questions answered by Lawyers

Browse our 7 legal questions about Business Registration in Thailand and the lawyer answers, or ask your own questions for free.

Do I need an address in Thailand to form a Thai company?
Business Registration
Business
New Business Formation
Yes, your company must be registered at a physical address in Thailand, and this is where you will receive official documents and notices. If you rent this address, you must first get permission from the property owner to agree to register your company at the location. You will need to keep the Ministry of Commerce updated should you move the place of your company registration. A commercial address may also be required, depending on the business you are operating.
How many shareholders are required to form a Thai company?
Business
Business Registration
At least three shareholders are required. Under certain conditions, a private limited company may be completely foreigner-owned. However, in relation to activities reserved for Thai nationals under the Foreign Business Act, foreign ownership is permitted up to a maximum of 49% of the shares.
How can I register a company name in Thailand?
Business Registration
Business
To register a company name in Thailand, it is first necessary to reserve the company name with the Department of Business Development (DBD).It is required that the name of the proposed company must always end with the word "limited". The name reservation application can be made online through the DBD website, and typically the name reservation process takes one to three working days. Company names are subject to DBD guidelines, and once the company name is approved, it must be used in the incorporation documents needed for company registration.

About Business Registration Law in Surat Thani, Thailand

In Surat Thani, Thailand, business registration is governed by the Civil and Commercial Code, the Foreign Business Act, and other relevant ordinances. This process aims to legalize businesses and protect both the business owner and the consumers' interests. It introduces accountability, establishes tax obligations, and helps to enforce contractual agreements.

Why You May Need a Lawyer

Engaging legal assistance in this process provides benefits such as ensuring compliance with local legislation, negotiating in the event of business conflicts, advising on the legal structure that best protects your interests, as well as preparing, reviewing, and filing paperwork. Lawyers can also assist in navigating the complexities of applying for permissions as per the Foreign Business Act, if required.

Local Laws Overview

The key laws that impact Business Registration in Surat Thani include the Business Registration Act B.E. 2455, the Civil and Commercial Code, and the Foreign Business Act B.E. 2542. In addition, there may be local ordinances that apply depending on the nature of the business. For instance, manufacturing businesses need to adhere to certain environmental regulations, while other businesses may need to secure additional licenses or permits.

Frequently Asked Questions

1. How long does it take to register a business in Surat Thani? It typically takes between 2-4 weeks to register a business, provided all documents are in order. 2. Do I need a physical office to register a business in Surat Thani? A physical address is needed for business registration. This could be a rented office space or a home office. 3. Can a foreigner register a business in Surat Thani? Foreigners can register a business in Thailand but are usually limited to a 49% ownership stake, with some exceptions under the Foreign Business Act and Treaty of Amity. 4. Do I need a work permit to register a business in Surat Thani? While a work permit is not needed to register a business, it is necessary to work legally in Thailand. 5. Can I register my business on my own? While possible, it can be challenging if you are unfamiliar with local laws and language. Having a lawyer can ensure successful and compliant registration.

Additional Resources

The Department of Business Development (DBD) and the Thai Board of Investment are governmental bodies that provide valuable information on business registration. Further, organizations like the Surat Thani Chamber of Commerce can provide sector-specific assistance and resources.

Next Steps

Without legal assistance, understanding business registration laws in Surat Thani can be challenging. If you require legal assistance, seek advice from a qualified, locally-based lawyer who specializes in business law. They can guide you through the process and ensure all legal requirements are met.

Disclaimer:
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.