Establish a Travel Agency in Thailand

Updated on Friday 09th September 2016

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If you are a foreign investor looking to establish a travel agency in Thailand, you should know that the tourism sector is one of the most profitable industries in this country. According to ThaiWebsites.com, the tourism industry in this country is on the rise, with 9.05 million visitors in the first three months of this year, representing an increase of 15.45% compared to 2015. If the trend continues, around 32-35 million visitors will be arriving in Thailand by the end of this year, which is a good enough motivation to open a company in Thailand.

The travel and tour guide sector in Thailand is regulated by the Tourist Business and Guide Act. In order to be able to open a travel agency in Thailand, the company has to acquire the Tourism Authority of Thailand (TAT) license with the Tourist Business and Guide Registration Office.
 

Requirements for the TAT license applicants in Thailand


In order to establish a travel agency in Thailand, it is recommended to open a juristic entity like a limited company. In order to receive the TAT license, the applicants must meet the following requirements:

•    The company registration process in Thailand must have been effectuated;
•    The company should have an office in the country;
•    At least 50% of its managers should be citizens of Thailand;
•    At least 51% of the company shares have to be owned by citizens of Thailand;
•    The M.D. (Managing Director) should be at least 20 years of age, living or residing in Thailand, able to acquire credits, in his or her full capacities, never imprisoned except for a negligence or minor offence;
•    The company should never have had a Tourism License suspended;
•    The company should not have had a Tourism License revoked, unless it was revoked for more than three years.
 

Documents necessary to apply for the TAT license in Thailand


The documents necessary to apply for the TAT license in order to establish a travel agency in Thailand are:

•    TAT license application form, with a Thai director’s signing it and stamped with the company seal;
•    The Certificate of Registration and objectives of the business, according to the Civil and Commercial Code. Our company formation professionals in Thailand can provide more details on this matter;
•    A list of the company shareholders, certified by the Minister of Trade;
•    The regulation or report of the business establishment’s meeting, certified by the Minister of Trade;
•    A copy of the director’s personal ID card and his registered address, certified by the director;
•    Seal of the business;
•    Two front office photos;
•    An office map;
•    Ownership or possession proof of the office;
•    Power of Attorney;
•    Guarantee, with cash or cashier’s check, used as security.

For more details about how to set up a travel agency in Thailand, we invite you to contact our Thai company formation advisors.

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