I will operate a company to conduct business as a travel agency, which sells tour packages, sells tickets, bookings, etc. Is there any option that I can open the company directly as I am a director and without a Thai representative?
Panwa: That is impossible to set up the company for tourism business without a Thai director and shareholder due to for requirement of the TAT license, the company’s number of Thai directors must be more than other nationalities, which means that company must have 2 Thai directors per 1 foreign director or only one Thai director is enough and the shareholding percentage would still be 51% for Thai shareholders and 49% for foreigners. For this case, the ratio must be maintained by the company, as long as it has the TAT license.
Related service:
- Apply TAT license – Click here
For more information, please feel free to contact us:
Phones: +66 2 933 9000
Whats'app: +66 81 919 6225 (Mr. Tana Sipa)
Email: bkk@panwa.co.th