Limited Partnership LP

Two classes: limited-liability partners (capital only) and unlimited managing partners.

Founders

2 partners (≥ 1 limited + ≥ 1 unlimited)

Min Capital

No statutory minimum

Gov Fee

1,000 THB

Timeline

1–2 business days

Eligibility

≥ 1 limited partner + ≥ 1 unlimited managing partner
Managing partner is the legal representative

Required Documents

LP agreement
Partner IDs
Office address proof

Registration Procedure

Reserve name
Sign LP agreement
File DBD registration
Receive certificate

Tax Obligations

CIT 20%, VAT if revenue ≥ 1.8M

Foreign Ownership

Subject to FBA

Translation & Certification

Parent-company certificates, passports, and corporate records require notarization, consular legalization or apostille, and Thai translation by an MoJ-registered translator for filing with DBD, BOI, or IEAT.

Why Use a Professional Service

MoJ-registered translators accepted by DBD/BOI/IEAT.
Direct coordination with registrars reduces filing errors.
Pre-submission check aligned with the latest official checklist.

Post-Service Policy

If a translation is rejected due to a defect on our side, we redo and resubmit at no extra service fee (government fees excluded). This is service responsibility, not a guarantee of administrative outcome.

In-Depth Guide: Limited Partnership (LP)

Limited Partnership is delivered under ILC's Thai Company Registration and Corporate Setup practice, combining MoJ-certified translation, MFA legalization, embassy liaison, and Thai government filing under one project manager. Every case is handled by a NAATI-accredited translator, a Thai Notarial Services Attorney, and a dedicated case coordinator.

Thai company formation is governed by the Civil and Commercial Code (Book III), the Public Limited Companies Act, and the Foreign Business Act. ILC forms every operating structure: Thai Limited Company, Public Limited Company (Plc), Partnership (Ordinary, Registered, Limited), Branch Office, Representative Office, Regional Office, Amity Treaty US Corporation, BOI-promoted entity, IEAT industrial-estate entity, and Foreign Business Licence (FBL/FBC). Registration is handled by the Department of Business Development (DBD, Ministry of Commerce) with a target 3-working-day timeline for Limited Companies. Foreign shareholders trigger additional filings: BOI application, FBL for restricted List-2 or List-3 activities, or 51% Thai shareholding for unrestricted operations. We deliver a fully-operational company — corporate seal, tax ID, VAT registration, social security registration, e-Filing enrolment — in as little as 10 working days.

Why choose ILC for Limited Partnership

With more than 15 years of practice, ILC covers every embassy in Bangkok and both MFA offices (Chaengwattana and Chiang Mai). We operate a two-tier QA review and refund the service fee if a document is rejected due to a defect in our translation or certification — government fees and officer discretion excluded.

How Limited Partnership is Processed

The workflow below reflects current 2025–2026 practice with the relevant Thai authority and factors in queue seasonality, translation dependencies, and cross-agency handoffs.

1) Name reservation
Three preferred names submitted to DBD; typical approval within 1 business day.
2) MoA / Articles drafting
Custom Memorandum of Association and Articles reflecting founder intent, board rights, and dividend policy.
3) Statutory meeting
Founders' meeting and initial share subscription documented per CCC Section 1108.
4) Registration at DBD
Filing of registration package with paid-up capital declaration; 3 working days standard.
5) Tax and VAT setup
13-digit Tax ID and VAT registration with Revenue Department (mandatory above THB 1.8M turnover).
6) Banking and operations
Corporate bank account, social security registration and e-Withholding setup.

Documents & Requirements for Limited Partnership

The checklist below covers standard files. Complex or corporate matters can add supplementary certificates, board resolutions, or notarised affidavits; ILC brief these during the intake call.

Three preferred company names
Registered office lease agreement
Passport/ID of all shareholders and directors
MoA and Articles of Association drafts
Initial paid-up capital plan
Business scope description (TSIC codes)

Real-World Use Cases: Limited Partnership

Real-world scenarios where clients rely on this service every month, spanning individual, family, and corporate mandates.

Foreign JV entering Thai market

Structured with 49/51 Thai-foreign shareholding plus preferred shares to secure investor control.

BOI-promoted tech startup

100% foreign-owned under Category 5 (Digital) with corporate income tax exemption.

Regional Operating Headquarters

IHQ / ITC structure for Asia-Pacific management centres.

Family holding company

Private company to consolidate family assets and structure succession planning.

Alternative Paths for Limited Partnership

Three delivery paths are usually available. We select the option that balances cost, deadline pressure, and destination-authority preferences.

Option	Pros	Cons
Thai Limited (Thai majority)	Fast, low regulatory friction, universal business scope	Foreign shareholder capped at 49% for restricted activities
BOI-promoted	100% foreign ownership, tax privileges, no ratio	Requires project meeting BOI criteria
FBL	Legal path for restricted List-3 activities	Cabinet approval slow (4–6 months)

FAQs about Limited Partnership

คำถามที่พบบ่อย

Can foreigners own 100% of a Thai company?

Yes under BOI, IEAT, Amity Treaty (US), or FBL — otherwise capped at 49% for List-2 and List-3 activities.

What is the minimum capital?

THB 2M paid-up per foreign work permit (THB 1M if the foreigner is married to a Thai national).

Do I need a Thai director?

Not mandatory for foreign-owned companies; however, a Thai signatory speeds up banking KYC.

How fast can we start operations?

Realistically 10–15 working days for registration + banking + VAT.

Local Expert Insight

Expert perspective: Limited Partnership

“The Limited Partnership files we see most often are ones the applicant filed themselves and got rejected for an outdated template or a passport-name mismatch — that's why we audit every document before touching translation.”

กองบรรณาธิการ ILC

Legal Documentation Editorial Team

Cost ladder

Service tier	Fee range
เอกสารเดี่ยว / Single doc	1,500 – 2,500 THB
แปล + Notary / Translation + Notary	2,500 – 4,500 THB
MFA legalization	3,500 – 5,500 THB
Embassy chain / สถานทูต	5,500 – 8,000 THB

Timeline (Day 1 → Day N)

Day 1Intake, document audit, written quote & timeline
Day 2-3Certified translation + two-tier QA by NAATI/MoJ translators
Day 3-4MFA Chaengwattana legalization queued & retrieved
Day 5-7Destination embassy filing & EMS/DHL return to client

Case snapshot (anonymized)

A corporate client (name withheld) needed Limited Partnership on a tight embassy deadline. ILC closed the matter in four business days without a re-file, saving the client roughly two weeks versus a DIY route.

Last reviewed: 2026-08-20 · Cross-referenced against MFA Consular practice + Lawyers Council of Thailand

Free quote — LINE @NAATI · Tel 080-5578887

A working guide to Company Registration Thailand in Thailand

Company Registration Thailand sits at the intersection of certified translation, notarial attestation, and consular filing, three disciplines our Bangkok office has run in parallel every business day for over two decades. That combined footprint is why a single case manager can quote, execute, and close a matter without handing it off between vendors. Every Company Registration Thailand matter is scoped by a senior specialist on LINE Official @NAATI or by email at ilc@thainotary.co.th before any file moves.

How the workflow runs end-to-end

Once the audit is clean, translation and certification run in parallel by two credentialed linguists to compress the timeline, then legalization or notarization is queued at the relevant counter with a numbered chain-of-custody log the client can inspect at any time.

Who this service is for

Client mix in a typical month is roughly one third individual visa applicants, one third corporate HR and legal teams, and one third overseas law firms or embassies using us as their Thailand-side execution partner. Each track has its own intake checklist because acceptance criteria differ materially across destinations.

Coverage, fees, and turnaround

Standard turnaround is 3–7 Thai business days end-to-end when all three consular tiers are engaged; single-stage matters such as a notarized copy or a stand-alone certified translation complete in 1–3 business days. Express and same-day options are available for time-critical filings at published surcharge rates.

Quality assurance and confidentiality

Physical documents are stored in a monitored office at all times and returned to the client or a nominated authority in one continuous chain of custody. Confidentiality is default: standard engagements are covered by our general NDA, and bespoke NDAs are executed within the same business day for enterprise clients, family offices, and law firms.

Start your Company Registration Thailand matter today

Reach ILC on LINE Official @NAATI, email ilc@thainotary.co.th, or phone 080-5578887. Office hours are Monday to Sunday, 08:30 to 20:00 Bangkok time. A specialist responds to first-contact messages within one business hour on weekdays and within four hours on weekends and public holidays with a written price, realistic timeline, and a required-documents checklist tailored to your destination country. There is no charge for the initial consultation, and no obligation to proceed after receiving the quote — ILCearns repeat business by delivering the first Company Registration Thailand matter cleanly and on time, not by locking clients into open-ended retainers.

Local Expert Insight

Expert perspective: Company Registration Thailand

“The Company Registration Thailand files we see most often are ones the applicant filed themselves and got rejected for an outdated template or a passport-name mismatch — that's why we audit every document before touching translation.”

กองบรรณาธิการ ILC

Legal Documentation Editorial Team

Cost ladder

Service tier	Fee range
เอกสารเดี่ยว / Single doc	1,500 – 2,500 THB
แปล + Notary / Translation + Notary	2,500 – 4,500 THB
MFA legalization	3,500 – 5,500 THB
Embassy chain / สถานทูต	5,500 – 8,000 THB

Timeline (Day 1 → Day N)

Day 1Intake, document audit, written quote & timeline
Day 2-3Certified translation + two-tier QA by NAATI/MoJ translators
Day 3-4MFA Chaengwattana legalization queued & retrieved
Day 5-7Destination embassy filing & EMS/DHL return to client

Case snapshot (anonymized)

A corporate client (name withheld) needed Company Registration Thailand on a tight embassy deadline. ILC closed the matter in four business days without a re-file, saving the client roughly two weeks versus a DIY route.

Last reviewed: 2026-08-20 · Cross-referenced against MFA Consular practice + Lawyers Council of Thailand

Company registration and corporate documents

Explore the site

คำถามที่พบบ่อย

Who is Limited Partnership suitable for?

Limited Partnership — Two classes: limited-liability partners (capital only) and unlimited managing partners.

What are the minimum founders and capital?

2 partners (≥ 1 limited + ≥ 1 unlimited); capital No statutory minimum

Government fees and timeline?

1,000 THB; timeline 1–2 business days

Eligibility requirements?

≥ 1 limited partner + ≥ 1 unlimited managing partner; Managing partner is the legal representative

Required documents?

LP agreement; Partner IDs; Office address proof

Tax obligations?

CIT 20%, VAT if revenue ≥ 1.8M

Foreign ownership limits?

Subject to FBA

Rejection policy?

If the defect is on our translation, we redo and resubmit at no extra service fee (government fees excluded).

Go deeper on Corporate and company document certification

Our advisory team has run these certification chains for 15+ years. Two references we keep updated for clients:

Not sure which route applies? Send us the scan — LINE @NAATI · 080-5578887 · ilc@thainotary.co.th

Documents usually required

Freshly issued company affidavit and certificate of registration
Memorandum and articles of association, or the current shareholder list
Board resolution or power of attorney signed by the authorised director
ID or passport copies of the authorised signatories

Common reasons a bundle is rejected

Company affidavits are usually accepted only within a short validity window.
Director names and job titles must match the registered filing exactly.
Spell every name exactly as it appears in the passport, across every document in the same bundle.

Prefer not to handle the chain yourself? Send the scans and we run every step for you, from translation to the final endorsement.

What clients typically use this for

Foreign subsidiary registration
Bank account opening abroad
Tender and contract submissions

An advisor, not only a document processor

Before any work starts, our team assesses how many certification layers your document actually needs, which authorities are involved, and the correct order for the office you will really file with. One step out of order usually means restarting the whole bundle. More than 15 years of cross-border document work means we recognise how each authority rejects files and prevent it up front.

The certification route is matched to the receiving authority before work begins.
Rejection risks are checked, from name spelling to document validity windows.
The filing sequence is planned around the deadline you actually have.

Consult us at LINE @NAATI · 080-5578887 · ilc@thainotary.co.th

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