Let us break down the steps so you can focus on creating memorable experiences for your clients and building a successful tourism business in Thailand.
Step 1: Establishing Your Thai Limited Company
To start, you need to establish a Thai Limited Company, which is the most common and preferred business structure for foreign investors in Thailand’s tourism sector.
Here’s what is required to set up your company:
- Thai Ownership Requirements:
At least 51% of your company’s shares must be owned by Thai nationals, and more than half of the company’s directors must also be Thai nationals.
SiamConsult will assist you in finding reliable local partners and structuring your company to meet these legal requirements.
- Registered Office in Thailand:
Your business needs an official registered address in Thailand. This involves providing documentation to prove ownership or a valid lease agreement for your office space.
SiamConsult will help you find an appropriate office location and manage all the necessary paperwork to get you started.
- Directors’ Qualifications:
The directors of your company must be Thai nationals, at least 20 years old, and should not have any record of bankruptcy or mental health issues.
Additionally, they should not have had a tourism license revoked within the past five years.
SiamConsult will guide you in selecting eligible directors and ensure all documentation is accurately prepared for submission.
Step 2: Preparing Your Application for the TAT License
Once your company is established, the next step is to apply for the TAT license that fits your business model.
For this, you’ll need to gather several essential documents:
- Application Form:
A form that must be properly completed and signed by a Thai director, and stamped with your company seal.
- Company Registration Documents: Includes the certificate of registration, the objectives of the company, the memorandum of association, and a list of shareholders.
All these documents must be certified by the Ministry of Commerce.
- ID and House Registration:
Copies of the ID card and house registration of the signatory Thai director.
- Office Documentation:
A map showing your office location, photos of the office front with visible signage, and proof of ownership or lease agreement.
- Security Deposit:
Depending on the type of TAT license, a security deposit will be required. This can be provided as cash, a bank guarantee, or a government bond.
SiamConsult will assist you in preparing these documents accurately and efficiently, ensuring everything is in order for submission.
Step 3: Choosing the Right TAT License for Your Business
There are different types of TAT licenses depending on your business activities and the scope of your operations.
Here’s a quick overview of the options, and how SiamConsult will help you choose the best one for your needs:
- Local Tour Business License:
If you plan to operate within a specific province or its neighboring provinces, this license is suitable.
It requires a security deposit of 10,000 THB. SiamConsult will help you determine if this license aligns with your business model and guide you through the application process.
- Domestic Travel Business License: Ideal for businesses that aim to operate throughout Thailand, with a required security deposit of 50,000 THB. SiamConsult will ensure all necessary criteria are met, and assist you from start to finish.
- Inbound Travel Business License: Required if your business will involve bringing tourists from other countries into Thailand.
This license needs a security deposit of 100,000 THB. SiamConsult will handle the preparation and submission of all necessary documents, and liaise with local authorities on your behalf.
Outbound Travel Business License: Required for organizing tours from Thailand to other countries, with a security deposit of 200,000 THB.
SiamConsult will guide you through the entire process, from initial preparation to final approval.
Step 4: Navigating the Application Process with SiamConsult
The process of applying for a TAT license involves multiple steps and can be complicated if you’re unfamiliar with the local regulations.
Here’s how SiamConsult will make it easy and straightforward for you:
- Company Registration:
SiamConsult will help you establish your Thai Limited Company, ensuring it meets all the legal requirements for Thai ownership and management.
- Document Preparation:
We will meticulously prepare and review all required documents to ensure they are complete, accurate, and fully compliant with TAT regulations.
- Application Submission:
SiamConsult will submit your application to the Tourist Business and Guide Registration Office on your behalf, making sure every step is properly followed and keeping you updated throughout the process.
- Ongoing Compliance Support:
After your license is approved, SiamConsult will help you maintain compliance with all ongoing requirements, such as regular reporting, insurance, and other regulatory obligations.
We will be by your side to ensure your business runs smoothly and successfully.
Why Choose SiamConsult?
Starting a tourism business in Thailand is a promising venture, but it involves navigating a variety of local laws and regulations.
With SiamConsult’s expert guidance, you will have a dedicated partner who understands the complexities of Thai business law and can help you avoid common pitfalls.
We take care of the complexities, allowing you to focus on what you do best—building your business and creating memorable experiences for your clients.
Contact us today at info@krabi-accounting-Law.com or call +66 82 419 1993.
Let’s turn your vision of a successful tourism business in Thailand into reality.
If you have any questions or need further assistance, feel free to reach out.
We’re here to support you every step of the way!
