
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.
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
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
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
Filing your application with the Department of Business Development (1-2 days)
Drafting the memorandum and officially registering the company capital
Holding the first meeting to approve the board of directors
Official registration of your company, set up to hold property
Accounting and company audit
Timeline: fully set up within 2 to 4 weeks
VAT returns (if applicable)
Withholding tax filings
Social security contributions
Independent financial audit
Corporate income tax filings
Annual general meeting (AGM)
Required filing with the Department of Business Development (DBD)