Company Formation Services

The NNP Group is a consulting firm that specializes in assisting foreign businesses and individuals to establish a business in Thailand.

Call us on +66 (0)81 562 6123 to setup your Thailand based company now!

Company Formation Services

We recommend three potential ways to structure a Thailand Company Limited as follows:

  • Thai Owned
  • American Owned
  • BOI Foreign Owned

All company’s doing business in Thailand are required to register the amount of capital they intend to invest.

After registration of the company, 25% of the investment capital is require to be paid up by the shareholders. Note such capital can be used immediately to pay company start up expenses, make loans, pay salaries, etc. and is not required to be left in the company’s bank account.

The remaining capital is not required to be paid up unless called by the company or required by a condition of a Thailand government agency for purposes of granting a business license or special privileges.

The minimum capital requirement for a foreigner to receive a 1 year work permit / visa in Thailand is 2,000,000 Baht and must be fully paid up. Note a ratio of 4 to 1 Thai employees to foreign employee is also required for a foreigner to receive a 1 year work permit / visa.

The corporate income tax rate in Thailand is generally 20%. Note that company’s in Thailand are generally allowed to take losses for the first 5 years of operation as a general practice of the Revenue Department.

All Thai companies are required by law to keep monthly accounting records and have an independent audit at the end of each fiscal year.

Labor laws in Thailand are very protective in favor of the employees and significant severance payments are required even if you want to terminate employees after a period of over 1 year. Note Thailand labor laws should be considered before significant hirings are made at your business in Thailand.

For more information on setting up your company in Thailand please visit our website:

Professionalism & Expertise

Our partners are former employees of Big 4 multinational consulting firms in Thailand including:

Clients We’ve Served

Consumer Products

Nike, Coca-Cola, Pepsi, Unilever, Dole, DuPont, Chanel, Avon, Diageo, Riche Monde, Brown Forman, Cadbury Schweppes, Blackmores, Henkel, Durex, Sara Lee, Abbott, Purac, Kerry Foods.

Banking & Finance

Bank of America, Citibank, HSBC, Credit Suisse, Deutsche Bank, Standard Charter Bank, Merrill Lynch, Morgan Stanley, Visa, Thai Military Bank, Tanayong

Oil & Gas

Chevron, Conoco, PTTGC, Hess, Tractebel, Caltex, Palang Sophon, AlMansoori, Vause, Phillips Carbon, Allied Marine, McConnell Dowell


Toyota, Yamaha, Panasonic, IBM, Nissan, Rolls Royce, Sun Microsystems, Samsonite, Kubota, SKF, Alstom

Legal & Accounting

Freshfields Bruckhaus Deringer, Watson Farley & Williams, Allen & Overy, Ernst & Young


Rockefeller Foundation, World Society for the Protection of Animals


Marriott, Accor, Sukhothai Hotel, Hard Rock Cafe, Erawan Group


UPS, Singapore Airlines, NYK Bulkship, AGS Four Winds


Fitness First, American Kickboxing Academy, Fairtex


Microsoft, Hewlett Packard, Fujitsu, TPI / ISG, SVOA


Central Pattana, Pebble Bay


WPP Group, Service Master


Bloomberg, CNN, Sony BMG


Wal-Mart, Carrefour

Office Facilities

  • High-speed Internet
  • Comfortable furniture
  • Free nano drinking water
  • Air conditioning
  • Electricity and water
  • Office Cleaning
  • Natural sun light in every room
  • Multi-function copier, fax and scanner
  • Meeting room with android TV / Sony 4k and white board

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