Business Registration: A Key Step to Establishing a Stable and Credible Company
- Thanuwat Khumkainam
- Mar 27
- 2 min read
Updated: Apr 24
Register a legal entity
In this article, we will guide you through the process of business registration, its benefits, and the necessary documents required.
Why Register a Business?
Registering a business offers several advantages, such as separating personal assets from business assets. This ensures that your personal wealth is protected in case your business faces financial or legal issues. Additionally, registration enhances your company’s credibility in the eyes of customers and business partners.
Types of Legal Entities
Legal entities can be categorized based on the Civil and Commercial Code and other relevant laws. The main types include
Limited Company: Requires at least two shareholders. Shareholders are only liable for the company’s debts up to the value of their shares.
Limited Partnership: Comprises general partners (fully liable) and limited partners (liable only up to their investment).
Registered Ordinary Partnership: All partners share unlimited liability for business debts.
Association: A group of individuals forming an entity for non-profit activities.
Foundation: An organization established to manage assets for specific purposes, such as education, religion, or public benefit.
Steps to Register a Business
The process of establishing a legal entity involves several steps, including:
Choosing a Company Name – Ensure the chosen name is unique and not already in use.
Registering the Memorandum of Association – Submit this document to the Department of Business Development (DBD).
Share Subscription – Allow shareholders to subscribe for shares and schedule a general meeting.
Holding the Incorporation Meeting – Approve the company’s establishment and appoint the board of directors.
Appointing the Board of Directors – Assign responsibilities for managing the company.
Paying the Registration Fee – Cover all necessary registration expenses.
Receiving the Certificate of Incorporation – Obtain official registration documents from the DBD.การจดทะเบียน: รับใบสำคัญและหนังสือรับรองการจดทะเบียนจากกรมพัฒนาธุรกิจการค้า
Required Documents for Business Registration
The necessary documents for registering a business include:
Business name reservation form
Application for company registration (Form Bor.Jor.1)
Memorandum of Association (Form Bor.Jor.2)
Company incorporation details (Form Bor.Jor.3)
Shareholder list (Form Bor.Jor.5)
Copies of ID cards of all directors
Proof of share capital payment
Head office location map
Online Business Registration
You can register your business online via the DBD Biz Regist system by the Department of Business Development, making the process faster and more convenient.
Registration Timeline
he duration of the registration process depends on the completeness of the documents and information provided. Typically, company registration takes around 1-2 weeks. Using the DBD e-Registration system may expedite the process.
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