Whereas, company establishment is not required the minimum register capital by Civil and Commercial Code B.E. 2477 (CCC) therefore, the new company can be set up with a low amount of register capital. However, according to the rules and regulations of the Ministry of Labour (“MOL”) the new company is required to have register capital of at least Baht 2,000,000 per one expatriate but not exceed more than 10 expatriates. In this regards, we recommend the new company to make a Management Service Agreement with the Company. The advantage of this are followings: