AI-generated illustration. The people and situation are fictional, not actual clients.
General legal information, not advice for a specific case. Check current law and the facts of your situation before acting.
“Once the company is registered, can we open?” I’m Attorney Nok, and I would first ask what the business actually does, who controls it and who will work there. Registration does not answer every licensing question.
Suppose Lucas plans a café with a Thai friend and intends to run it himself. They have agreed on shares but have not checked whether the activity faces foreign-business restrictions or what Lucas needs to work lawfully. Opening first and checking later may mean expensive changes.
Describe the real activities, not just the proposed company name. Check the Foreign Business Act, any sector-specific licences and tax obligations with the responsible agencies. A foreign founder who will work in the business must also review immigration and work authorisation separately.
Do not use a Thai nominee merely to evade restrictions. Have the proposed ownership and operational arrangements reviewed before investing or signing a shareholders’ agreement.
Source: Thailand.go.th: Foreigners establishing a business ↗