top of page
Search

Thailand Company Registration in 2025: Unlocking BOI Benefits & Market Opportunities

Introduction: Why Thailand is a Top Destination for Foreign Businesses in 2024

Thailand’s economy is booming, with GDP growth projected at 3.6% in 2024, driven by manufacturing, tourism, and tech innovation. For global entrepreneurs, the country offers a rare mix of low operational costs, strategic ASEAN access, and lucrative incentives like the Board of Investment (BOI) Promotion. However, navigating Thailand’s regulatory landscape—foreign ownership rules, licensing, and tax compliance—can overwhelm newcomers.

As a multi-award-winning business agency (since 2017), SODA Global has registered 800+ Thailand companies for clients in sectors like automotive, agri-tech, and e-commerce. In this guide, we’ll break down why Thailand is trending among investors, who should register here, and how SODA turns complexity into opportunity.



Step-by-Step Thailand Company Registration Process – SODA Global Expertise



1. Thailand’s Top 5 Benefits for Foreign Companies in 2024

1.1 BOI Tax Holidays & 100% Foreign Ownership

Thailand’s BOI grants up to 8 years of corporate tax exemptions for qualifying projects in priority sectors like:

  • Electric vehicle (EV) manufacturing

  • Biotechnology

  • Digital services

  • Renewable energy

Example: A Japanese EV battery plant secured a 5-year tax holiday and 100% foreign ownership via BOI.


1.2 Gateway to 650M+ ASEAN Consumers

Thailand’s free trade agreements (FTAs) with China, India, and ASEAN nations enable tariff-free exports.


1.3 Thriving E-commerce Market

Thailand’s online

shopping sector will hit $18B by 2025 (Statista), fueled by platforms like Lazada and Shopee.

1.4 Simplified Visa & Work Permits

Foreign directors can obtain Non-Immigrant B visas and 1-year work permits through their company.


2. Who Should apply Thailand Company regsitration?

Thailand isn’t just for manufacturers. Ideal candidates include:

  • Tech Startups: BOI grants 50% CIT reduction for software developers.

  • Tourism & Hospitality Brands: Targeting 40M+ annual tourists (TAT).

  • Agri-Businesses: Exporting rice, rubber, or processed foods.

  • E-commerce Sellers: Leveraging Thailand’s $13B digital economy.

Case Study: A German skincare brand used SODA to register a BOI-approved cosmetics factory, cutting import duties by 90%.


3. Trending Topic: How Thailand’s BOI Promotion 2024 Attracts Global Investors

(Target Keyword: “Thailand BOI promotion 2024”)The BOI’s 2024 policy update prioritizes green energy, smart tech, and regional HQs. Key incentives include:

  • Corporate Tax Exemptions: Up to 13 years for R&D projects.

  • Import Duty Waivers: Machinery, raw materials.

  • Fast-Track Work Permits: 10-day processing for skilled expats.

Why It’s Trending: Google searches for “Thailand BOI 2024” surged by 70% YoY as EV giants like BYD and Tesla expand here.

[Read the official BOI 2024 guidelines ]


4. The Thailand Company Registration Process: A Step-by-Step Guide


Step 1: Choose a Business Structure

  • BOI Company: For manufacturers/tech firms seeking tax breaks.

  • Private Limited (Ltd.): Requires 3 shareholders (can be nominees).

  • Branch Office: For foreign firms testing the market.

Step 2: Reserve a Company Name

SODA checks name availability via the Department of Business Development (DBD).

Step 3: Draft Legal Documents

  • Memorandum of Association (MOA)

  • Shareholder list

  • Registered office address

Step 4: Submit to DBD

Registration takes 7–10 business days.


5. How SODA Global Adds Value: From Registration to Revenue

Most agencies handle paperwork—SODA delivers end-to-end growth solutions:

5.1 BOI Application Expertise

  • We identify eligible activities, draft proposals, and liaise with BOI officers.

  • Success rate: 98% approval for SODA-filed BOI projects.

5.2 Compliance & Tax Optimization

  • VAT registration, payroll setup, and SSF filings.

  • Reduce effective tax rates to 5-10% through BOI incentives.

5.3 Local Market Entry Support

  • Business address and secretary service

  • E-commerce store setup on Lazada/Shopee.

5.4 Post-Registration Services

  • Annual audit support

  • Thailand local nominee Director service

  • BOI progress reporting

[Explore our Thailand company registration services] or contact with SODA today to get free consultations.


6. FAQs: Answering Top Google Queries

Q: Is Thailand local nominee director a must?

A: Yes, SODA has Thailand local nominee Director solution to support your registration.

Q: Can foreigners own 100% of a Thailand company?

A: Yes—via BOI promotion or Amity Treaty (for US nationals).

Q: How long does registration take?

A: 7–10 days for standard companies; 4–6 weeks for BOI-approved firms.

 
 
 

Kommentare

bottom of page