If Setting Up a New Business Here In Thailand – It Makes Perfect Sense To Register It First.
Last Updated on 1 September 2025
If you hope to be able to set up a business in Thailand or you are already in the infancy stages of doing so, there are a number of things that you need to be aware of that will help to keep you on the straight and narrow and allow you to avoid any pitfalls further down the line. In a world where other businesses can steal your ideas right from under your nose, it makes perfect business sense that you would do what you can to protect what you have worked hard for up until this point in your life.
These are some of the reasons why company registration is an important part of setting up a new business enterprise here in the land of smiles. It is true to say that government bureaucracy is somewhat frustrating here in Thailand and is why you always leave such things up to the professionals, who know exactly what they are doing. You can hand off all of the responsibility of registering your business with them and this will allow you to get on with making a success of your dream.
Many people wish to remain as a sole trader or as a part of a partnership, but they are leaving themselves open to issues by doing so. The following are some of the top reasons why you should have your business registered as soon as possible.
- You get access to funds – The hope is that your business will be completely successful and you will want to expand it further. You probably will have all of your money invested in your business already, so you’re going to have to reach out to investors and banking institutions to give you the money that you need to make things happen. Both of these will require you to have your business registered, in order to be able to even start talking to you about extending you some kind of business loan.
- You can begin the hiring process – In order to be able to hire people here in Thailand, there are a number of hoops that you have to jump through to make everything completely legal and above board. You will need employees, but they will need some kind of reassurance that you are a proper business entity and that you will be here for the long-term. Once your business is properly registered, you will also be able to deduct essential taxes that need to be forwarded on to the government.
- You can take advantage of promotions – If you are dealing with wholesalers and other suppliers, you may not be able to take advantage of certain promotions that they are running because they need to have your business registration number in order for you to be able to participate. This is another reason why you need to register your business as soon as possible.
You’re also protecting your business brand when you register and protecting what you have worked hard for.