Operate Your Company in Thailand Smoothly & Worry-Free
Whether you are involved in domestic or outbound recruitment business, a recruitment license will be required from the Department of Employment, of the Ministry of Labour. However, the same company cannot operate both domestic and outbound recruitment business.
Office Space Requirements
During the application, a security fee must be deposited at the Department of Employment. The purpose of the payment of the security fee is that it is used as evidence that the company has sufficient funds to pay any penalty fees for failing to comply with their obligations under the license. The fee will be retained until such time as the recruitment license is no longer required.
Domestic Vs Outbound Recruitment License
|Domestic Recruitment||Outbound Recruitment|
|Registered capital||There is no minimum capital requirement for a company operating domestic recruitment.||The minimum capital requirement is at 1 million THB.|
|Shareholders||Thai shareholder(s) must hold no less than 51% of the total share capital.||Thai shareholder(s) must hold no less than 75% of the total share capital.|
|Directors||There must be at least one Thai director, appointed in the ratio of 1:1 in case there is also a foreign director.||There must be more Thai directors than foreign directors, appointed in the ratio of 3:1.|
|Security fee||100,000 THB which can be deposited as cash, bonds, or bank guarantee.||5,000,000 THB which can be deposited as cash, bonds, or bank guarantee.|
|Cost of the recruitment license||5,000 THB||10,000 THB|