Limited Liability Company

This is the most common type of company in Thailand because it is easy to set up. Shareholders liability is limited to what they invest in the company.

Benefits
Foreign business owners have the benefit of lots of positives once having opened a Limited Company. These types of companys are very similar to LLC's, meaning it is a simple way for foreigners to embark on opening a business in Thailand. Its structure will be familiar to other countries and so gives reassurance to a foreign business owner.

Liability is limited meaning shareholders and investors are given a form of protection without losing more than what they have chosen to invest in the company. This means if the business does take a turn for the worse, the investor will only lost their capital investment.

The structure offers flexibility allowing them to engage in all relative business types. Alongside this flexibility, a Limited Company can be completely owned by a foreigner