Did you know that when setting up a business in Thailand a Thai national must own 51% of your company’s shares? This means you only own 49% of the company’s shares and you don’t have sole authority over the company’s business dealings.
This doesn’t sound like the most ideal scenario, right?
Fortunately there is a way to legally register your company in Thailand and own 100% of the company, even if you’re a foreigner.
This is done through Thailand’s Board of Investment, or BOI. If you register your company through the BOI not only do you have full ownership of your company, but you also get the following benefits:
- corporate income tax exemption for up to eight years
- visa and work permit assistance
If you’re interested in registering your company with the BOI, fill out the form below to get in touch with us. We’ll help you based on our experience of dealing with the BOI over the past ten years while running a software and eCommerce company in Thailand.