How to Start Food and Beverage Business in Thailand?

Well, the process is similar to others, just with this business you may need to acquire some extra licenses; for instance, obtaining Food or Alcohol license. However, there can be different ways of starting a food or beverage business in Thailand. It can be starting a restaurant or own a food truck.

No matter what business you choose to open, it should be a limited company. Additionally, 51% of the shares of the company must be with the foreigners and the rest with you. To incorporate a business, the first and foremost step is to find a suitable name. Just make sure that the name you decide doesn’t match with any. As soon as you get company’s name approval, you need to file a Memorandum of Association. However, the final step of incorporation includes convening a statutory meeting, where payment of 25% value of each share is must.

However, to register your business you will to have these following documents:

1. Name of the designated company (please provide 3 names).
2. Registered address (in Thailand) for your company (please provide a copy of the house registration).
3. Company’s objective (please provide full detail of your business functions).
4. Shareholders Information:
   1. Copy of passport of your 3 promoters/shareholder.
   2. Share allocation of each shareholder.
5. Directorship Information:
   1. Name of the Authorized Director(s).
   2. Copy of passport for each Director.
   3. Signatory condition of the director(s).
6. The number of foreigners (non-Thai) that you expected to have been working for this juristic entity.

Additionally, to start a food truck business, you will need to have a permanent address. Moreover, you should acquire food license and part of this will require you to have at least 1 person to be the holder of the Individual Sanitary License. Furthermore, you may need to apply for alcohol license and cigarette license if you wish to sell alcohol or cigarettes. Plus, if your business wants to have a cash register in place, then you must take approval from the Revenue Department. For more details on Food Business in Thailand, mail us at [email protected].