Buying property through a Thai company

Company structures, setup steps, costs and compliance

Company structures, setup steps, costs and compliance

Setting up a company lets you own freehold land and can reduce your taxes. It also brings setup costs, yearly filings and legal duties, which this guide sets out.

Company structures for property investment

Thai limited company

The most common way to buy freehold property through a company, giving you full control over the villa.

Minimum of 3 shareholders (limits foreign ownership to 49%)

Recommended registered capital: at least 2 million THB

Required annual audit and proper accounting

Direct ownership of freehold land and villas

Board of Investment (BOI) company

A special route for investment through the Board of Investment (BOI) that offers freehold land ownership and tax benefits.

Corporate tax exemptions and tax holidays

Direct freehold land ownership rights for approved projects

Fast-track visas and work permits for directors

Minimum investment amounts must be met

Holding company structures

Designed for private investors who own several properties.

Manage all your properties and rental income in one place

Simple transfer of property to your family and heirs

Hold several properties under one company

Professional control of day-to-day operations

Setting up your company

Reserving your company name

Filing your application with the Department of Business Development (1-2 days)

Memorandum of association

Drafting the memorandum and officially registering the company capital

Statutory meeting

Holding the first meeting to approve the board of directors

Company registration approval

Official registration of your company, set up to hold property

Costs

Annual company maintenance

Accounting and company audit

Timeline: fully set up within 2 to 4 weeks

Company legal requirements

Monthly legal tasks

VAT returns (if applicable)

Withholding tax filings

Social security contributions

Yearly legal tasks

Independent financial audit

Corporate income tax filings

Annual general meeting (AGM)

Required filing with the Department of Business Development (DBD)