What is the minimum registered capital requirement for a company balance sheet in Thailand?

The minimum registered capital requirement for a company in Thailand is typically 2 million THB. For foreign-owned companies, this is a standard requirement, while it can be lower (1 million THB) if the company is also majority owned by a Thai national. Various responses in the discussion highlight different figures and considerations regarding legality and operational expenses, but the consensus appears to focus on this 2 million THB figure. Additionally, the conversation touches on the necessity of a year-end balance sheet and audit for companies operating in the region.