Company transfer and name change

Yes, transferring an existing Thai company to another person and changing ownership is possible. This is done through a share transfer process, where the current shareholder(s) legally transfer their shares to the new owner. Once the transfer is completed, you can change the company director and update the company records with the Department of Business Development (DBD).

Procedure Overview – Company Transfer & Name Change:

Share Transfer Agreement – The outgoing shareholder signs a document to transfer their shares to the new owner.

Update Shareholder List – The company updates its shareholder register and issues new share certificates.

Director Change (if needed) – If the new owner also becomes the director, a board resolution and form for DBD filing must be prepared.

Update Company Name (optional) – If you want to change the company’s name, this is a separate process requiring shareholder approval and DBD filing.

Submit to DBD – All updated documents are filed with the DBD to finalize the change.

Estimated Costs:
Share Transfer & DBD Filing: THB 6,000 – 12,000 (depending on the complexity and whether legal assistance is used)

Name Change Filing: ~THB 3,000

Legal Service (if needed): THB 10,000 – 25,000 (approx.)

Dear Sir,

We would like to provide the following information:

1. You may transfer company ownership by transferring shares to change the shareholders, and by changing the company director.
2. Please note that, in order to be eligible for a Non-B visa, the company you own must meet the following qualification:

• A registered capital of no less than 2 million baht for each foreigner involved
• At least 4 Thai employees for each foreigner involved
• A verifiable company location
• Proper business operations with full tax filings and accounting records

Therefore, we would like to offer services to meet your needs as follows:

1. Share transfer agreement – Service fee starts at 12,000 THB per copy
2. Registration of shareholder and director changes – Service fee starts at 10,000 THB per item
3. Non-B visa application – Service fee starts at 30,000 THB
4. Work permit application – Service fee starts at 20,000 THB

*Note: The above service fees do not include government fees or travel expenses.

If you are interested in our services, please feel free to contact us.

Yours Faithfully,