Sriwilai Accounting & Tax Solutions

Business Licenses

Sriwilai Accounting - Expert Business Licenses

Business Registration Certificate: All businesses must register with the Department of Business Development (DBD) under the Ministry of Commerce. This process includes reserving a company name, registering the Memorandum of Association, convening a statutory meeting, and completing the company registration. The registration fee is 500 THB per 100,000 THB of registered capital, with a minimum fee of 5,000 THB.

Tax Identification Number (TIN): Upon company registration, businesses must obtain a TIN from the Revenue Department. This is essential for tax filing and compliance.

VAT Registration: Businesses with an annual turnover exceeding 1.8 million THB are required to register for Value Added Tax (VAT) within 30 days of surpassing this threshold. 

Foreign Business License (FBL): Under the Foreign Business Act, certain business activities are restricted for foreign nationals. To operate in these sectors, obtaining a Foreign Business License is mandatory. The application process is rigorous and may require a minimum capital investment, a detailed business plan, and proof of financial stability. 

Why Choose Our Business License Services?

Our business license services simplify the complex regulatory process in Thailand, ensuring that your business complies with all necessary permits and licenses. With our expert guidance, we take the hassle out of navigating the legal landscape, saving you valuable time and effort. We work closely with you throughout the entire application process to ensure smooth approval and help you avoid costly penalties and delays.

In addition to handling the licensing requirements, we provide access to a wide range of government resources to support your business. This includes assistance with selecting the right location for your business, help with recruiting and training employees, and expert advice on marketing strategies that will help your business grow and succeed.

✅ Tax incentives, such as corporate income tax exemptions and reductions

✅ Exemptions from import/export duties

✅ Relaxed foreign ownership restrictions

✅ Priority in obtaining licenses and permits

✅ Access to infrastructure and facilities provided by the BOI

✅ Assistance in finding suitable locations for investment

✅ Promotion of investment projects and investment-related activities