Sunday, December 22, 2013

Foreign Company Registration Thailand

S & F CONSULTING FIRM LIMITED is an international business consultancy firm incorporated as private limited company in Bangladesh.

"Lower Cost"

Contact information:
=============
Bangkok, Thailand
Email: contact@sfconsultingbd.com


Bangladesh
www.sfconsultingbd.com
Email: contact@sfconsultingbd.com
Mobile: +880 01790220729 or, +880 01790220728
Corporate Office, Dhaka, Bangladesh
Skype: forhadhossain79 or, sfconsultingbd

Service area:

  • Foreign company registration ( 100 % foreign owned share, Joint Venture, Branch/ Liason/ Virtual office)
  • Legal
  • Accounts Audit
  • Income Tax
  • Company Secretarial


We are all Countries in Asia
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 Afghanistan, Armenia, Azerbaijan, BahrainBangladeshBhutan, Brunei, Burma (Myanmar), Cambodia, China, Georgia,  Hong KongIndiaIndonesiaIran, Iraq,  Israel, Japan, Jordan, Kazakhstan, Korea NorthKorea SouthKuwait, Kyrgyzstan, Laos, LebanonMalaysiaMaldives, Mongolia, MyanmarNepalOmanPakistanPhilippinesQatarRussiaSaudi ArabiaSingaporeSri LankaSyriaTaiwanTajikistanThailandTurkeyTurkmenistanUnited Arab Emirates,  Uzbekistan, Vietnam, Yemen 

We are in Europe, USA, canada, Australia & Africa

Setting Up of Representative Office in Thailand

 Certain conditions apply to those Thai representative offices which require an AlienBusiness License. It is important to clarify beforehand what constitutes income and subject to Thai taxes. In order to form a representative office, at least one of the following purposes would need to be sought for the purposes of limited “non-trading” activities.

·         The business is to source goods or services in Thailand for the headquarters.
·         To check the product ordered by the headquarters overseas
·         To give advices to the headquarters about the goods to order
·         To supply the information of the headquarters' products to the customers in Thailand
·         To report the economic movement in Thailand to the headquarters
To fully understand the conditions which pertain to a representative office in Thailand, contact any of our Thai lawyers or any of our foreign lawyers to provide you with guidance when considering to open a representive office in Thailand.

At Siam Legal we pride ourselves on not only offering you the best legal service at resonable cost, but as a full service law firm we also offer tax advice and an accounting service. Speak to us today!


Branch Office Setup in Thailand

 The multinational companies wishing to operate their business in Thailand might not want to establish company limited. They may instead want to function their business through a branch office located in Thailand. Although the structure of the branch office under Thai law is similar to Thai company limited, it still be governed by the FOREIGN BUSINESS ACT B.E. 2542 (FBA). That means there is no requirement of multinational companies to establish a branch office in Thailand, but in the case that the activities of the branch office fall into one of the categories under the FBA, it is definitely required for a Foreign Business License (FBL).


Unlike the representative Offices and Regional Offices, Branch Offices under Thai law are not limited to the “non-
trading” activities. They are allowed to earn income. The Branch Office’s liabilities arising from the action of the business in Thailand will not be limited within Thailand but extend to the head office oversea.

According to the approval of a Foreign Business License, the capitalization will be calculated from at least 25 
percent of average estimated expenses for first 3 year but not less than 3 million baht.

For any further detail, please contact professional Thai 
lawyers who could provide you with the guidance regarding business establishment.

Setting Up of Regional Office in Thailand


Regional offices are different from branch offices in terms of their structure. Regional offices, are not separate legal entities that perform their businesses in Thailand on behalf of its head office abroad. Likewise, they are limited to perform 7 specific activities only. These activities fall under List three of FOREIGN BUSINESS ACT 1999 (FBA). These are:

·         Communicating, coordinating and directing, on behalf of the head office
·         The operation of branches and affiliates which are located in the region
·         Providing services in consulting and management
·         Training and personnel development
·         Financial management
·         Marketing control and sales promotion planning
·         Product development
·         Services in research and development

Regional offices are likewise required to apply for Foreign Business. Before beginning their activities in Thailand, foreign companies should have at least one active branch office or affiliate in Asia. Moreover, regional offices are also restricted from earning income, purchasing, selling, and negotiating 

Capitalization rules under the FBA also apply to the regional offices. It must be at least 25
percent of the average estimated expenses for the first 3 year but not less than THB 3,000,000. Please feel free to contact Thai lawyers for the professional legal consultationand get more information about regional office establishment in Thailand.



1 comment:

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    ReplyDelete

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