Representative Office in Thailand

Representative Office in Thailand

Representative Office in Thailand

Having a Representative Office in Thailand is one of the easiest ways to enter the Thai market. Representative offices are a non-profit organization and are treated as a subsidiary of a foreign company’s parent company. They act as a liaison between a foreign company and the Thai government. They provide information, advise and facilitate the import of goods from Thailand. They also report on business activity in Thailand. They are authorized to perform certain services, such as consulting and research, and can also promote their products.

Whether a foreign company wishes to establish a representative office in Thailand or not, it must first apply for an alien business permit. The company must submit several documents to the Department of Commercial Registration. It must also explain the necessity of setting up the office. It must also state how the activities of the company will affect the Thai economy. It must also list prospective employees and describe the functions of the company. It must also include a business plan.

Before a Representative Office can be set up, it must have a manager. This person must have a national ID and a household registration certificate. He or she must also have a power of attorney that has been notarized. This power of attorney must provide the manager with the authority to interact with the Thai government. He or she must also sign all documents and certifications.

Representative offices may be registered with the Department of Business Development in Thailand. The application process is fast and simple. The company must submit several documents, including an affidavit that includes the company’s name, directors, shareholders and office plans. It must also grant power of attorney to the office manager. It must also state the effects of the Representative Office on the Thai economy.

Representative Offices in Thailand may have up to five work permits. Each work permit can support two to five positions, including informational, quality control, and administrative positions. The representative office must submit an audited financial statement to the Department of Business Development. It must also report on the sale of new goods or services based on business trends. In addition, the representative office must receive subsidy from the head office to cover the expenses of operating the representative office in Thailand. It must also provide advice about the goods sold to agents and distribute information about new goods.

Representative Offices in Thailand are 100% foreign-owned. They must not engage in activities that are prohibited by the Foreign Business Act. They cannot generate income from activities in Thailand, make sales offers, negotiate business terms with individuals, or receive purchase orders. They must also report their activities to the Revenue Department. They are not required to pay taxes on their salaries, but they must report their income tax returns.

Representative Offices in Thailand must obtain a Corporate Tax Identification number (CTI) and an alien business permit. They must also submit their income tax returns and audited financial statements to the Revenue Department. Representative Offices may have up to three foreign work permits. They can also hire up to four Thai employees for each foreign employee.

Company Registration in Thailand

Company Registration in Thailand

Company Registration in Thailand

Getting a Thai company registered is a relatively easy process if you know what you are doing. But, if you are not sure, it is best to consult a Thai attorney. They can help you decide which type of company is best for you and help you with the process of registering your business.

Registering the Business

The first step is to register your business with the Department of Business Development (DBD). You can do this online. You will need to reserve the name of the company and the Memorandum of Association. The name reservation will be approved within 1-3 days. After that, you can start the process of registering your company.

The Department of Business Development is part of the Ministry of Commerce. It is the government body that regulates company registration in Thailand. This department has a website where you can reserve the name of your company and the Memorandum of Association. It is also important to make sure that the Memorandum of Association is approved before registering your company.

Memorandum of Association (MOA)

The Memorandum of Association contains the company’s name, address, and objectives. It also details the number of shares that are available and the value of each share. It is also important to make sure that at least three promoters are listed. You can also include Thai directors who have at least one share in your company. A Thai director is not required to be a Thai national but they may be a part owner of another company.

During the company registration process, you will need to prepare a Share Certificate and a registration book. You will also need to make sure that you have the necessary financial documentation. The financial documents will include the annual financial statements. You will also need to make sure that the documents are certified by an auditor. You will also need to make sure that your company is registered with the tax authorities. In most cases, you will have to register your company and receive a tax ID card from the Revenue Department. This will help you open a corporate bank account.

Statutory Meeting

The Ministry of Commerce also requires that you register your company by holding a statutory meeting. This meeting appoints the board of directors and an auditor. During the statutory meeting, you will also draft the by-laws of your company. The by-laws will set forth the rules and regulations of your company. This meeting must be held at least seven days before the registration date.


Your company will need to make a tax deposit of at least 25 percent of its total assets. You will also need to have a Value Added Tax Certificate if your company’s annual turnover exceeds 1.2 million baht. If your company is listed on the Stock Exchange of Thailand, it can benefit from a reduced tax rate. However, you must also pay a special business tax if the amount of interest on your un-deposit exceeds ten percent of your total assets.