PHUKET CORPORATE SERVICES

 Partnership Registration Fact Sheet

Key Facts:

• It normally takes between 3-5 weeks to set up a partnership.
• Only Thai citizens can be directors.
• Minimum no. of partners is 2 persons over 20 years of age.
• Minimum 51% Thai. Maximum 49% of foreign held shares (except if allowed by   special foreign treaty, Alien Business Act of approval of Board of Investment).
• Post set up a partner can be a foreign company or your child.

Documentation and information required:

1. Thai partners:
      a. 5 signed copies of house registration and ID card
      b. Evidence of funds and how such funds have been obtained e.g.
          i. Certified Employer’s letter
          ii. Bank book and last 6 months statements
          iii. Sale of personal assets and agreement or money transfer
          iv. Loan and copy of loan agreement and money transfer

2. Foreigner shareholders:
      a. 2 signed copies of passport
      b. Full address
3. Directors:
      a. 2 signed copies of house registration and ID card or
      b. 2 signed copies of passport
4. Partnership address – office/place of work. Different Thailand branches
    are possible.
5. Name of partnership – 3 alternative names can be submitted. All names must
    either be in the format of:
      a. XXX Co.,Ltd or
      b. XXX Phuket Co.,Ltd
6. Evidence of partnership address: A signed approval letter from the house owner,
    a signed copy of their ID card and signed copy of the landowner’s
    house register.