Legal Section - Doing Business
You will find here a series of summaries providing an overview of useful legal regulations, processes and legal issues for Doing Business in Thailand.
Period of Submission of the List of Shareholders
The director of a company has a duty to file the updated list of shareholders to the registrar of the Ministry of Commerce (‘MOC’) at least once a year but no later than 14 days from the date of holding the Annual General Meeting of Shareholders.
e-Expert System for Appointing Expatriate Advisors
The office of the Board of Investment (‘BOI’) recently issued an announcement which allows investors to ask for permission to bring expatriate advisors into Thailand using an electronic processing system known as the “e-Expert System”.
ROH (Regional Operating Headquarters) vs. RO (Regional Office)
Even though the “Regional Operating Headquarters” (‘ROH’) and “Regional Office” (‘RO’) have the same business activities*, there are differences in certain areas as follows:
Submission of Working Regulations for New Company
With effect from 29 December 2011, a new company can submit their working regulations via the Ministry of Commerce (‘MOC’) whilst submitting the application for incorporating the company.
Obtaining the Company Affidavit from all Banks
The MOC has announced that the Company Affidavit can be obtained from all banks in Thailand by e-Certificate from 20 January 2012.