• Faster setup (avoids the 1-2 week registration process).
• Immediate use for opening bank accounts, applying for licenses, or bidding on contracts.

Older registration date may be beneficial for credibility.

Due Diligence

• Check company records at the DBD to confirm no liabilities, lawsuits, or debts.
• Verify shareholders & directors – ensure no hidden ownership issues.
• Review financial statements (if any) to confirm no tax liabilities.

Legal Compliance

• Ensure the company was properly registered and complies with Thai laws.
• Confirm that the company’s objectives (as stated in its Memorandum of Association) match your business needs.

Tax & Accounting

• Check if the company has filed annual tax returns (even if dormant).
• Confirm no outstanding VAT or withholding tax issues.

Share Transfer Process

• The seller must transfer shares properly via a share purchase agreement.
• New directors may need to be appointed (if required).
• Update company details with the DBD and Revenue Department.

1. Find a reputable seller (law firms, corporate service providers).
2. Conduct due diligence (company search at DBD).
3. Sign a Share Purchase Agreement (ensure legal protection).
4. Transfer shares & update directors (submit forms to DBD).

Update bank signatories & tax records (notify the Revenue Department).

• Hidden debts or legal issues (always verify financial records).
• Fraudulent sellers (use a trusted law firm or agent).

Outdated documents (ensure all filings are up to date).

• Prices vary based on company age, capital, and structure (typically THB 10,000 – 50,000).
• Additional fees for due diligence, legal checks, and government filings.

If you’re concerned about risks, registering a new company (with 51% Thai ownership or under BOI promotion) may be safer.