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<html> <body>How Important it is to <a href=https://www.harwell-legal.com/limited-company-boi-registration/>Register company in Thailand</a> and Get Other Licenses To register a company in Thailand is not easy if you are not aware of the business setup forms of choices. If you have made up your mind, you may consult a Thailand legal firm and get things sorted out. The process to register a company in Thailand To register a company in Thailand, you need to: Book the company’s name, ensure it is unique. Prepare the registration documents of the company. It should include meeting notes, shareholders list, and share capital payment proof. Register at the DCB website. Take assistance from a Thailand legal firm. It is essential if you do not know the Thai language. All the paperwork should fit exactly. Once you complete the registration of your company, register for VAT, and acquire licenses. If you are unable to handle, hire a lawyer from a reputable Thailand legal firm. Getting licenses in Thailand is a must for businesses and is based on the size and type of a company. VAT You must acquire a VAT license if the annual revenue of your company is more than 1.8 million baht. The application for VAT should be done within 30 days in your area with the Revenue Department. Other Licenses The other licenses are required as per the type of the company. Opening a restaurant means you require a license for music and liquor. Shipping company requires a license for export and import Food and drugs seller require FDA license However, it is best to check with your lawyer from a Thailand legal firm. Thus, you can avoid further problems and avoid fines. Also, confirm with an accounting firm for the paperwork before applying for new licenses. A payment of 600 baht to 2,000 baht is the range for these licenses. However, every year some licenses need to be renewed such as music and liquor licenses. Office Space There are two choices: Serviced office: Ideal to deal with small details. In this office, you can sign a contract, start a business with your laptop the same day. Traditional office: It is expensive. You need to buy furniture, internet accounts, set up the phone, hire an administrator, and so on. Bank Accounts After you register a company in Thailand and get the registration, you can get a bank account for your company. Choose any bank and open an account. Get an online banking account to handle finances easily. Paying Taxes Another responsibility is filing taxes. Hire an accountant. He or she can be the same person who helped you to register a company in Thailand. You may ask for good referrals from local business owners to get a suitable person. Paying taxes on time. It is best to avoid heavy fines, cancellation of work permits, asset seizure, jail or shut down of the company. </body></html>
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