Local Company Formation

Get Into Asia will help you set up your company, making sure it conforms to Thailand law and allow you to do business the way you want to. We work with one of the top law firms in Bangkok. You need never have to worry.

Contrary to popular belief, the rules for the formation of a company in Thailand have not changed despite the recent decree by the Department of Interior issued on May 25th 2006.

To qualify as a Thai company, share ownership of the company still has to be at least 51% owned by Thai investors or come within certain exceptions under the Foreign Business Law or an applicable Treaty. There is no minimum number of directors required. One is enough in many cases but for practicality there should be more than one director. Thai Capital requirements have not changed with the new interpretation of the present law.

In actuality, no laws have been changed just the enforcement of established law has been applied. What it does do is nullify rather dubious attempts to circumvent current legislation which normally escalates into quite an expense for unknowing foreigners.

Americans, through treaty, can own up to 100% of the stock of a company formed here but the treaty rights may not be available for future companies and in any event the American treaty does cover rights to own land... more

Tax Exempted Company Formation

Get Into Asia has strong connections with offshore companies and banks to minimize your tax liability. Let us help you find the best solution for your business requirements.

These days many countries offer tax exempt company formation. However, some are in what we call 'Black zones' and others are in 'White zones'. It is better to incorporate your offshore company in a 'White zone'. We can advise you on the best countries to choose, and the reasons why one may be better than another.

Fees vary but some countries offer startup fees from as little as $USD999 up. We will advise on the best choice after discussing your requirements... more

Company Bank Accounts

Get Into Asia has strong connections with local and offshore banks. If you need to minimize your tax liability we can help you find the best offshore bank for your business requirements.

Once you open a local company we will help you open the company bank account, as well as any private accounts you may need. There is no additional fee for this service as it is included in our monthly consulting fees.

We can open offshore bank accounts for your company in most offshore jurisdictions in the world. Fees for the account opening procedures, and the costs of preparing any additional notarized documentation which a particular bank may require, will depend on the bank you choose... more

U.S. - Thailand Amity Treaty

Get Into Asia is well versed in the 1966 Treaty of Amity and Economic Relations ("Treaty") between the U.S. and Thailand giving special business privileges to US citizens and companies.

If you are a U.S. Citizen, you can often own up to 100% of a business in Thailand under the "national treatment" provisions of the 1966 Treaty of Amity and Economic Relations ("Treaty") between the U.S. and Thailand.

The Treaty allows U.S citizens and American majority owned and managed business. That is, Americans may generally engage in business in Thailand on the same basis as Thais, and are exempted from most of the restrictions on foreign investment imposed by the Foreign Business Act of 1999. In return, Thais are extended the right to invest in the U.S. and Thai business people and their families are eligible to receive visas to live and work in the U.S. as "treaty traders" and "treaty investors".

Under the Treaty, there are six broad exceptions. If a U.S. investor is to engage in any of the following activities, the "national treatment" principle does not apply, and the investment is subject to the rules stated in the Foreign Business Act: engaging in domestic trade in indigenous agricultural products, and exploiting land or other natural resources (includes owning land, unless specifically allowed by Thai law, such as by Board of Investment promoted businesses)... more

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