{"product_id":"company-formation-thailand","title":"Company Formation in Thailand – ASEAN Market Entry for NRIs \u0026 Global Investors","description":"\u003ch2\u003eCompany Formation in Thailand – Gateway to ASEAN for NRIs \u0026amp; Indian Entrepreneurs\u003c\/h2\u003e\u003cp\u003eThailand is Southeast Asia's second-largest economy and a strategic hub for manufacturing, trade, tourism, and digital businesses. With a \u003cstrong\u003e20% corporate tax rate\u003c\/strong\u003e (reduced to 15% for SMEs), generous \u003cstrong\u003eBoard of Investment (BOI) incentives\u003c\/strong\u003e including up to 8-year corporate tax exemptions, and a \u003cstrong\u003eDTAA with India\u003c\/strong\u003e, Thailand offers compelling opportunities for NRIs and Indian entrepreneurs seeking an ASEAN foothold.\u003c\/p\u003e\u003ch3\u003eWhy Thailand?\u003c\/h3\u003e\u003cul\u003e\n\u003cli\u003e✅ \u003cstrong\u003e20% corporate tax\u003c\/strong\u003e (15% for SMEs; 0% for BOI-promoted companies for up to 8 years)\u003c\/li\u003e\n\u003cli\u003e✅ \u003cstrong\u003eDTAA with India\u003c\/strong\u003e – reduced withholding on dividends (10%), interest (10-15%), royalties (10-15%)\u003c\/li\u003e\n\u003cli\u003e✅ \u003cstrong\u003eBOI incentives\u003c\/strong\u003e – tax holidays, import duty exemptions, land ownership rights for promoted businesses\u003c\/li\u003e\n\u003cli\u003e✅ \u003cstrong\u003eNo capital gains tax\u003c\/strong\u003e on listed securities\u003c\/li\u003e\n\u003cli\u003e✅ \u003cstrong\u003eStrategic ASEAN location\u003c\/strong\u003e – borders Myanmar, Laos, Cambodia, Malaysia\u003c\/li\u003e\n\u003cli\u003e✅ \u003cstrong\u003eStrong manufacturing base\u003c\/strong\u003e – automotive, electronics, food processing, gems\u003c\/li\u003e\n\u003cli\u003e✅ \u003cstrong\u003eThailand 4.0 digital economy\u003c\/strong\u003e initiative with EEC (Eastern Economic Corridor) incentives\u003c\/li\u003e\n\u003cli\u003e✅ \u003cstrong\u003eEnglish-friendly business environment\u003c\/strong\u003e in Bangkok and major cities\u003c\/li\u003e\n\u003c\/ul\u003e\u003ch3\u003eTypes of Thailand Companies for NRIs\u003c\/h3\u003e\u003ch4\u003eThai Limited Company (Borisat Chamgad)\u003c\/h4\u003e\u003cp\u003eThe standard vehicle for foreign investors. Requires at least 3 shareholders; foreign ownership is generally capped at 49% under the Foreign Business Act (FBA) unless BOI-promoted or operating in permitted sectors. Minimum registered capital: THB 2 million for foreign-majority companies.\u003c\/p\u003e\u003ch4\u003eBOI-Promoted Company\u003c\/h4\u003e\u003cp\u003eFor businesses in promoted sectors (manufacturing, tech, agriculture, logistics), BOI promotion grants 100% foreign ownership, corporate tax holidays of 3–8 years, and import duty exemptions. This is the preferred route for NRIs with qualifying businesses.\u003c\/p\u003e\u003ch4\u003eRepresentative Office \/ Regional Operating Headquarters (ROH)\u003c\/h4\u003e\u003cp\u003eFor companies using Thailand as a regional hub. ROH status provides a 10% preferential tax rate on qualifying income.\u003c\/p\u003e\u003ch3\u003eOur Thailand Company Formation Package Includes\u003c\/h3\u003e\u003col\u003e\n\u003cli\u003eBusiness activity assessment and BOI eligibility review\u003c\/li\u003e\n\u003cli\u003eName reservation with Department of Business Development (DBD)\u003c\/li\u003e\n\u003cli\u003eMemorandum \u0026amp; Articles of Association preparation and filing\u003c\/li\u003e\n\u003cli\u003eRegistered office address (1 year)\u003c\/li\u003e\n\u003cli\u003eCompany secretary and statutory director appointment\u003c\/li\u003e\n\u003cli\u003eBOI application (if applicable)\u003c\/li\u003e\n\u003cli\u003eCorporate bank account introduction (Bangkok Bank, Kasikorn Bank, or SCB)\u003c\/li\u003e\n\u003cli\u003eCompliance pack: UBO declaration, KYC, AML policy\u003c\/li\u003e\n\u003cli\u003eCertificate of Incorporation + Share Certificates\u003c\/li\u003e\n\u003cli\u003ePost-incorporation: VAT registration, social security setup\u003c\/li\u003e\n\u003c\/ol\u003e\u003ch3\u003eTimeline\u003c\/h3\u003e\u003cp\u003eStandard formation: \u003cstrong\u003e10–15 business days\u003c\/strong\u003e. BOI applications: additional 60–90 days.\u003c\/p\u003e\u003ch3\u003eFrequently Asked Questions\u003c\/h3\u003e\u003cdl\u003e\n\u003cdt\u003e\u003cstrong\u003eCan an NRI own 100% of a Thailand company?\u003c\/strong\u003e\u003c\/dt\u003e\n\u003cdd\u003eGenerally, foreign ownership is capped at 49% under the FBA. However, BOI-promoted companies and companies in certain sectors can have 100% foreign ownership. Our advisors will identify the optimal structure for your business.\u003c\/dd\u003e\n\u003cdt\u003e\u003cstrong\u003eWhat is the BOI?\u003c\/strong\u003e\u003c\/dt\u003e\n\u003cdd\u003eThe Board of Investment is Thailand's investment promotion agency. BOI-promoted companies receive significant tax and non-tax incentives including corporate tax holidays and 100% foreign ownership rights.\u003c\/dd\u003e\n\u003cdt\u003e\u003cstrong\u003eIs a Thailand company suitable for ASEAN market entry?\u003c\/strong\u003e\u003c\/dt\u003e\n\u003cdd\u003eYes. Thailand's central ASEAN location, strong infrastructure, and FTA network make it an excellent regional hub for manufacturing, trading, and services businesses.\u003c\/dd\u003e\n\u003c\/dl\u003e\u003cp\u003e\u003cem\u003eBlueberry is a Kerala-based global trade and financial services facilitation firm. We work with licensed Thailand company secretaries and BOI-registered advisors to deliver compliant, end-to-end company formation services.\u003c\/em\u003e\u003c\/p\u003e","brand":"Blueberry","offers":[{"title":"Default Title","offer_id":48633855770856,"sku":"CF-THA-001","price":149999.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0779\/4920\/6760\/files\/company-formation-thailand_asean-market-entry-nris-global-investors.png?v=1781109646","url":"https:\/\/www.blueberryfm.com\/products\/company-formation-thailand","provider":"Blueberry","version":"1.0","type":"link"}