How to Set up a Business as a Foreigner in Thailand

In this video we talk about what it takes to set up a business as a foreigner in Thailand. It is required that you have 3 shareholders. At least one shareholder needs to be Thai and they must have 51% shares in the company. The two other shareholders could be 2 foreigners, or 1 foreigner and 1 more Thai person.

For Americans, it is possible to set up a company and own 100% according to the Amity Treaty. We can help you with an Amity Treaty set up if you are American. There are different perks between choosing Amity set up or the Thai Company Limited. We can also assist with the BOI Company set up. BOI endorsement gives you tax breaks and other incentives for doing business in Thailand. However, only specific industries can be approved for a BOI set up.

If you see yourself living in Thailand for at least the next 3-5 years, setting up a business may be right for you. We never suggest people to set up business, just to get a visa. There are many other long term visa solutions in Thailand to choose from.

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