How to Draft MOA for Company Registration in Thailand?

 

To start with, you must know that the Memorandum of Association (MOA) for Company Registration in Thailand differs from the Articles of Association (AOA) greatly. We will surely explain the difference in this article, before which you must know about MOA. This will help you understand the difference better and proceed with the application process for Company Registration in Thailand properly.

What is the Memorandum of Association (MOA) for Company Registration in Thailand?

A Memorandum of Association (MOA) is a legal document that establishes a company’s fundamental principles and objectives at incorporation. It is a requirement by Thai law that all limited companies must have an MOA.

The MOA typically includes the following information:

• Name of the Company
• Business Objectives of the Company
• Company’s registered address
• Company’s authorized capital
• The number of shares that the company has the right to issue
• The types of shares that the company has the authorization to issue
• The rights and privileges of each type of share
• The names and addresses of the company’s directors and shareholders

The MOA is a very important document for company registration in Thailand. Correct and accurate drafting of the MOA is important to avoid any problems with the Thai authorities. If you need help drafting an MOA, you should consult with a reliable corporate law firm in Thailand.

How Memorandum of Association (MOA) is different from Articles of Association (AOA) in Thailand?

MOA holds the company’s essential information and serves as the company’s constitution. Whereas, the content of an AOA constitutes all internal management rules and regulations.

• The MOA describes the company’s powers and purposes, while, AOA defines its rules. This is the primary distinction between the two documents.
• Should there be any discrepancy regarding a provision between the Memorandum and the Articles of Incorporation, the Memorandum of Association will take precedence.
• MOA outlines the company’s goals and authority. On the other hand, AOA states the company’s rules and regulations.
• While changes to the AOA can only be made by a Special Resolution (SR) at the Annual General Meeting, changes to the MOA require the consent of the central government beforehand and must be passed by a special resolution at the meeting (AGM).
• The MOA must be filed with the Registrar of Companies at the time of incorporation. While voluntary registration is an option, the company may not comply with these standards for AOA.

Overall, the MOA defines the external relations and objectives of the company, while the AOA focuses on the internal management and operation of the company. Both documents are essential for registering and governing a company in Thailand, and they must comply with the legal requirements of Thai company law. It’s important to consult with legal professionals or authorities in Thailand to ensure compliance with the specific regulations in the country.

Requirements for Memorandum of Association in Thailand

In general, companies in Thailand are primarily of two types – a Private Limited Company and a Public Limited Company. Along with the difference in the names, there is a difference in the process of their formation as well as the involved MOA. For your convenience, we have clearly defined the contents of MOA in both cases below:

A Private Limited Company’s MOA must hold the following details:

• Name of the company
• Location of the company’s registered office
• Objectives of the company
• Division of the Registered capital must be equal for each share with the same value
• Name, address, age, occupation, and number of shares of the shareholders
• Name, address, and age of two witnesses

The MOA for a Public Limited Company must include the following:

• Company name
• The purpose of the company is to offer shares for sale to the public
• The objective of the company
• Registered capital, including the type, number, and value of shares
• The province where the company will be located
• Names, dates of birth, nationalities, and addresses of the promoters and the numbers of shares for which each of them has subscribed

You have to submit the application for filing the MOA with a stamp duty of THB 200 to the Department of Business Development. Please note that this stamp duty is subject to change as per the announcement of the DBD or Revenue Department of Thailand.

Furthermore, to submit your MOA to DBD, you have to enclose the same with the Boj. 2 form which you can download from the link below:

Boj.-2-Form-for-MOA-in-ThailandDownload

For more information about Memorandums of Association in Thailand, why not talk to one of our experts now? Talk to an expert!

Additionally, we have experts on board who can help with accounting, audit, and tax services in Thailand. Alternatively, you can simply email us your requirements at officer@konradlegal.com and our team will get back to you within one Thai working day.

Statutory Meeting to Register Company in Thailand

 

Are you planning to start a business in Thailand? If you are from Thailand, then, apart from the requirement of a Thai partner, as in the case of foreign investors, the entire process of company registration is the same for all. Just like company name reservation, drafting of MoA/AoA/MoU, and tax registration, Statutory Meeting is very crucial for Company Registration in Thailand.

Name Reservation for Company Registration in Thailand is the first stage of the process, you have to convene a Statutory Meeting just after this on finalization of the Memorandum of Association (MoA) or AoA or MoU, as applicable. This article aims to guide you throughout the process of convening the Statutory Meeting to register your company in Thailand.

What is a Statutory Meeting for Company Registration in Thailand?

A Statutory Meeting is a meeting that must be held within 30 days of the incorporation of a company in Thailand. The meeting must be attended by at least two-thirds of the directors of the company, and the following items must be discussed and approved:

• Appointment of the first auditor of the company
• Adoption of the initial financial statements of the company
• Distribution of the initial profits of the company

You have to file the minutes of the Statutory Meeting with the Department of Business Development within 15 days of the meeting on a mandate.

Why Statutory Meetings are Important for Company Registration in Thailand?

A Statutory Meeting, also known as the First Annual General Meeting, is an important step in the process of registering a company in Thailand. Here are some reasons why the Statutory Meeting is important for company registration in Thailand:

It is a Legal Requirement!

The Statutory Meeting is a mandatory requirement under Thai company law. You have to convene this within one month from the date of company registration for private limited companies and within three months for public limited companies. Failure to hold this meeting within the prescribed time frame can result in penalties or consequences for the company’s legal status.

Ensures the Compliance of Key Documents

During the Statutory Meeting, shareholders must approve important documents and information, such as the company’s Articles of Association, the appointment of directors and auditors, and the capital structure. Nonetheless, this ensures that the company’s foundational documents are in order and compliant with Thai corporate regulations.

Confirms Company Ownership Structure

The Statutory Meeting allows the company to confirm the identity and shareholdings of its initial shareholders. This helps maintain transparency and accountability in the company’s ownership structure.

Establish the Financial Reporting Structure & Operations of the Company

The company’s financial statements, including the balance sheet and income statement, are presented and approved during the Statutory Meeting. Shareholders have the opportunity to review the company’s financial performance and its financial health. This provides transparency and accountability to shareholders and allows them to assess the company’s progress. The meeting also helps in ascertaining whether your financial reporting complies with Thai Financial Reporting Standards or not.

What Happens in a Statutory Meeting for Company Registration in Thailand?

Please note that a Statutory Meeting is possible only after the finalization of shareholders or the share structure. Once done, the following are the major activities conducted during a statutory meeting:

• Acceptance of the Association’s Articles (by-laws).
• Approval of all agreements made and costs paid by the promoters to publicize the business.
• Deciding on the compensation, if any, applicable for the promoters.
• Determining the type and quantity of preference rights that will accrue to them, as well as the issuance of preference shares, if any.
• Determining the number of common shares or preference shares for distribution as fully or partially paid-up, if not in cash, and the maximum level at which such shares will be deemed paid-up.
• Appointing the initial auditor(s) and director(s), as well as defining each director’s authority.

After completing the statutory meeting successfully, the promoters must hand over the businesses and company operations to the directors.

Consult a Corporate Law Firm for a Statutory Meeting in Thailand

It is always wise to have corporate law support by your side while conveying the Statutory Meeting. Although you need support from the beginning, yet, your association with a corporate law firm in Thailand can help you in the following ways:

1. Easing the Process of Company Name reservation in Thailand
2. Drafting the Memorandum of Association, Shareholder’s Agreement, Article of Association
3. Convenience in Company Registration Applications at the Department of Business Development of Thailand
4. Drafting of Appointment Letters for Directors, Shareholders (if required) and Auditors
5. Proper documentation of the Minutes of the Statutory Meeting

Additionally, if the corporate law firm has expertise in accounting, taxation, and payroll management, you can get extra benefits. Such firms can finalize your accounting and financial reporting structure. Furthermore, they can do your daily accounting by relieving you from hiring an accounting, taxation, or payroll management team. To avail of all the benefits, email us your requirements at officer@konradlegal.com. Our team will get back to you within one Thai working day.

How to Reserve Company Name in Thailand?

 

Starting a business in Thailand is an exciting endeavor, but it comes with certain administrative procedures that need to be followed meticulously. One of the first steps in registering a company in Thailand is reserving a unique and suitable company name. This article will guide you through the process of company name reservation in Thailand, outlining the steps and important considerations.

Importance of a Good Company Name

Choosing the right company name is crucial for your business in Thailand. A well-thought-out name can help your company stand out in the market, establish a brand identity, and gain recognition. It also plays a significant role in building trust and credibility with your customers, partners, and stakeholders.

Steps to Reserve a Company Name in Thailand

Preliminary Name Check

Before formally reserving a company name, conduct a preliminary name check. This can be done through the Department of Business Development’s (DBD) website or by visiting their office. However, take our suggestion on this – either you should know or understand the Thai language, or have someone by your side with the capability to do so. The goal is to ensure that the name you desire is unique and not already registered by another company.

Reserve the Name

Once you’ve confirmed the availability of your chosen name, you can officially reserve it. This can be done online through the DBD’s website or in person at the DBD office. Keep someone who knows and understands the Thai language by your side for smooth communication with the DBD officials. A reservation fee is typically required.

Submission of Required Documents

You will need to provide certain documents when submitting your name reservation request. These documents may include a copy of your passport, proof of address, and a completed application form. Make sure to check the specific requirements with the DBD.

Name Approval

The DBD will review your name reservation application. If the name is unique and complies with their guidelines, it will be approved. This process can take a few days, and you will receive a confirmation once your name is officially reserved.

Name Reservation Period

In Thailand, a company name reservation is typically valid for 30 days. You must register your company within this period using the reserved name, or you may need to repeat the name reservation process.

Company Registration

With your reserved name, you can proceed with the registration of your company. This involves preparing the necessary documents, determining the business structure (limited company, partnership, etc.), and fulfilling other legal requirements.

Important Considerations

Language

Your company name can be in Thai, English, or a combination of both. Ensure that the name is easy to pronounce and memorable for your target audience.

Uniqueness

The name you choose must be distinctive and not too similar to existing company names. The DBD has strict guidelines regarding name uniqueness.

Trademark Research

Conduct thorough research to ensure your chosen name is not trademarked by another business, which could lead to legal disputes.

Relevance

Consider how the name relates to your business activities. A relevant name can help potential customers understand what your company does.

Future Growth

Think about the scalability of the name. Will it still suit your company if it expands or diversifies its offerings?

Now maintaining all these steps and adhering to the regulations meticulously, 

Conclusion

Reserving a company name in Thailand is a crucial initial step when starting a business. It’s important to choose a name that reflects your business identity, is easy to remember, and complies with legal requirements. By following the steps outlined in this guide and considering the key factors mentioned, you can successfully reserve a company name and set your business on the right path in the vibrant Thai market.

However, keeping the constraints in mind, you may face various hurdles in the process. Therefore, we recommend that you consult a corporate law firm in Thailand to easily swim through the process successfully and get your preferred name for your business in Thailand. Email us at officer@konradlegal.com to get in touch with our Thai corporate law experts instantly!

Company Registration with Virtual Office in Thailand

 

Are you an entrepreneur or business owner and planning to mark your presence in Thailand? Then we can help you with a very cost-effective idea. Go for company registration and virtual office rental in Thailand. To enhance the ease of company registration, the use of virtual offices is now legal in Thailand. The Department of Business Development, the Revenue Department of Revenue, and the Department of Social Security (SSO) of Thailand acknowledge the Virtual Office.  

However, it was not so a couple of years back and still associates certain ambiguities with it, to bust which, you must hire a reliable corporate law firm in Thailand. Although you can use a virtual office to register your business in Thailand, there are certain conditions that you should know beforehand. Let us help you with some of those points:

• A virtual office is suitable for registering the following business entities:
  • Representative Office in Thailand
  • Branch Office in Thailand
  • LLP and LLC in Thailand (for Startup & Small Business)
• Because regulatory bodies have stricter standards for the Office, there can be limitations on obtaining certain licenses.
• A virtual office address does not meet the address requirement for obtaining a non-immigrant B Visa or Business Visa.

However, you can complete all types of tax registrations using a virtual office address. The process of company registration in Thailand is the same as in general, you must have proper guidance in doing the same. To facilitate a proper understanding of the same, we have outlined the necessary steps below:

Step 1: Think of a meaningful and unique company name

You have to follow the Name Reservation process of the Department of Business Development (DBD) in the Ministry of Commerce. We typically ask our clients for at least two or three company names that we can reserve in the event that the name is already taken or cannot be used.

If your company name is not already reserved, our company registration team will search the Ministry of Commerce database in Thailand on your behalf.

Step 2: Draft, Sign & File the Memorandum of Association (MOA)

A Memorandum of Association (MOA) is a document that indicates the reserved name of the company, the company address, its business objectives, the registered capital, and the names of the promoters or partners. You have to submit these documents to the Department of Business Development (DBD) in the Ministry of Commerce.

Our team of expert corporate law professionals will draft an MOA following the best-updated practices. Henceforth, we will send it your way for review. You can now ask for any necessary adjustments. The Ministry of Commerce will get a copy of this legal document. The list should include all shareholders’ names and contact information. Additionally, it must be able to prove the company’s address, registered and paid-up capital, and the main business activity.

Your company is now officially registered in Thailand after receiving the Ministry of Commerce’s clearance, and you will receive your Company Affidavit, Certificate, List of Shareholders, and Company Articles of Organization.

Step 3: Convene Statutory Meet

After finalizing the share structure of your company, and DBD’s authorization to the Articles of Association and MOA, you have to select a Board of Directors and appoint an Auditor. To conduct all these, you have to convene a Statutory Meet in Thailand.

The Company Directors must submit the application to form the business, along with company registration fees in Thailand. Note that, you must do so within three months from the date of the Statutory meeting.

Step 4: Complete the Tax Registration Process

Like all other nations, it is a mandate for all businesses to do tax registration to operate in Thailand. Within 60 days of formation or the beginning of business operations, companies that are liable to pay Corporate Income Tax (CIT) must receive a Tax ID card and registration number from Thailand Revenue Department.

You must consult with a professional Thai business tax consultant to check your tax eligibility. The tax consultant or firm will also help you obtain your Thai tax ID Card.

There is no requirement to register for VAT if your company’s anticipated annual revenue is less than 1,800,000 Baht. However, you have to submit copies of your company registration documents to the Central Filling Office of the Revenue Department. This is to obtain your Company Tax ID Card.

If your firm does not already own the land outright and you need to register for VAT or receive a VAT Certificate, you must get consent from the landowner where your business is registered.

Step 5: Open a Corporate Bank Account

Our Business Registration package includes entire documentation and all necessary support to open a corporate bank account in Thailand. 

To open and approve your bank account, the bank manager requires the presence of all company directors and signatories. Some banks may demand that the foreign signatories have a valid work permit before approving the bank account.
For seamless and professional support on company registration and obtaining a virtual office in Thailand, contact us. Email us at officer@konradlegal.com and our team will get connected with you within 1 Thai working day!

Is Work Permit in Thailand Necessary for US-Thai Amity Treaty Companies?

 

To know whether you will need a Work Permit for Amity Treaty Company in Thailand, you must know about the treaty relations. American individuals and businesses are allowed to own majority (more than 51%) shares of a Thai Limited Corporation through a US Treaty of Amity Company. The US Treaty of Amity also allowed American businesses to operate on the same terms as Thai businesses and exempted them from the majority of the foreign investment limitations set by the Alien Business Law of 1972.

The Treaty of Amity and Economic Relations between the Kingdom of Thailand and the United States of America, often known as the US-Thai Treaty of Amity, was signed on May 29, 1966, to grant special rights and privileges to American residents who sought to open enterprises in Thailand.

While having a huge advantage over other foreign individuals or businesses, US Amity Treaty Companies are not permitted to engage in the following activities, which are only permitted for businesses with majority Thai owners.

• Communications
• Transportation
• Fiduciary functions
• Banking involving depository functions
• Land Ownership, Exploitation of land, or
• Other natural resources; and
• Domestic trade in indigenous agricultural products.

Do You Need a Work Permit for Amity Treaty Company in Thailand?

The 4 Thais to 1 Foreign Worker (Work Permit) rule does not exempt US Amity Treaty companies. Employing four Thai nationals, covering their Social Security costs, VAT registration, and having at least THB 2 million in registered capital are all mandatory. Additionally, for a US Amity Treaty company to sponsor employees, a Non-B Visa and a Work Permit is also necessary. 

The registered capital is two million Baht. Additionally, you only need two Thai employees if you already have a one-year extension based on marriage.

Therefore, your thought that the US-Thai Amity Treaty company can enjoy a Work Permit exemption is completely wrong!

Are you planning to start a US-Thai Amity Treaty Company in Thailand?

Please note down the following basic requirements:

• American citizens or an American sole proprietorship, partnership, representative office, branch office, joint venture, or limited company must hold at least 51% of the shares. 
• At least half of the directors must be Americans. 
• The company’s ultimate beneficiary must be an American.

Matters may be different in your case. It is because, whenever a Treaty or Bilateral Trade Agreement guides a company registration procedure, it becomes very case-sensitive. The same is applicable for Double Tax treaties. Therefore, you must seek professional guidance in this regard before you expedite your US-Thai Amity Treaty Company registration process. A reliable corporate law firm in Thailand can guide you best on your need for a work permit for Amity Treaty company in Thailand.

Feel free to seek our free email consultation at officer@konradlegal.com. Get in touch with our team of corporate law professionals will assist you thoroughly in the process. In this regard, our scope of services, although not limited to, includes the following:

How to Start Food Business in Thailand?

 

Are you aspiring to start a food business in Thailand? Then this article is going to be your super guide in the process. Due to the huge influx of visitors to Thailand, many global entrepreneurs invest in the Thai food industry. A foreign investor must adhere to Thai law’s regulations for business registration. Additionally, they should focus on consumer protection to create a business that sells food.

However, this article aims to guide you through the 3 most easy ways to start your food business in Thailand. 

First Easy Way to Start a Food Business in Thailand: Focus on Natural Resources

You must note that the food business is not only restricted to cafes and restaurants. Now is the high time to break free from this concept. Setting up a cafe, restaurant, pub, food truck or trailer never means doing food business in Thailand exclusively. They are simply a part of the food industry of Thailand and never denote the whole of it.

Thailand is often referred to as the “Food Valley of the World” due to its abundance of agricultural resources. Furthermore, Thailand holds a huge reserve of livestock and marine life. It’s noteworthy, that the kingdom holds high global ranks in terms of stock and export of these commodities.

Now would the kingdom ever want to lose this leading status in the world? Never!

Therefore, the Royal Thai Government in association with the Board of Investment facilitates the process of ease in starting a food business in this segment. It is to promote the involvement of Thai and foreign investors to boost Thailand’s position in global rankings. 

Food Processing Company

Processed foods contribute to almost 52% of Thai food exports and 15% of Thai manufacturing exports. Additionally, this year till June, the kingdom has already exported products worth US$ 45 billion. Aren’t the figures inspiring enough to start a food processing company in Thailand? 

The food processing industry in Thailand has various segments and verticals. To narrow down your scope of market research let us give you some hints.

Your business can specialize in either moderately processed or highly processed foods. Both these segments have vividly different consumer bases, which are remarkably huge respectively. Moderately processed foods refer to food items subject to canning, freeze-drying, and other preservation techniques. Whereas, highly processed foods are ready-to-eat meals, convenient meats, and meat and vegetable products. Additionally, there is a big local and export market for processed halal foods in Thailand. 

The market is promising with guaranteed growth. If you are not convinced enough, you may proceed to start your restaurant in Thailand.

Food Seasoning Company

The abundance of agricultural and raw materials in Thailand along with the availability of trained manpower is gradually reinforcing the kingdom as one of the leading food seasoning ingredient exporters. According to the Board of Investment of Thailand, the kingdom is the world’s sixth-largest exporter of food seasoning and flavoring ingredients with Australia, Philippines, Indonesia, Japan, and Malaysia as the primary export destinations.

Additionally, the local need for food seasoning ingredients is also increasing due to the boom in the Thai hospitality industry post-COVID. Therefore, even if you are not opening a restaurant or cafe, you are going to cater to their requirements.

Beverages

In the current fiscal till May 2023, the revenue generated in the Thai beverage market is almost US$1200 million. Isn’t this aspiring?

The Thai beverage market assures a CAGR of 5.2% with high demand for functional drinks and fruit juices. Additionally, Thai consumers are always in search of new and sophisticated flavors of functional drinks. This market tendency is going to give you as an investor a great scope to research and expand.

Trading Centres

This is another thriving market in Thailand. You can set up cold storage, silos and involve your business in trade and auction of agriculture products. Additionally, you can also launch digital platforms to accomplish the said objectives. Your business can also provide a platform to service farmers and business operators and a system to monitor and control the quality of agricultural products. 

Now you may ask where’s the ease? The ease is in the process of incorporating these food business units. Additionally, you can also access various alternative ways to reduce the stringency in the process, provided, you have a reliable Thai corporate lawyer by your side. Also, note that the process of registering these business units requires relatively less collateral than starting a restaurant, cafe, food truck, or stall in Thailand.

Second Easy Way to Start a Food Business in Thailand: Focus on BOI & Thai Government Incentives

If you have gone through the previous section, you may think that we talked mostly about the food manufacturing and processing business. That’s true, but, these business activities fall in the BOI-eligible bracket. Nonetheless, being in the food industry, you will target the manufacturing segment and can bag tax and non-tax benefits from the Board of Investment of Thailand.

If your food business project complies well with the BOI eligibility criteria, you will start getting the following benefits from the time you start thinking about the incorporation:

• Ease in the Thai Company Registration Process.
• No restriction in bringing in foreign skilled workers in Thailand.
• High probability of gaining 100% foreign ownership of the planned business. (In other cases, you will need to have a Thai partner holding 51% of the share of your business.)
• Exemption in the VAT and excise tax associated with the import of machinery in Thailand from your native or preferred nation.
• Become eligible for incentives on the investment in the project.

Apart from these basic benefits, you will also be eligible for other tax and non-tax benefits which, although not restricted to, primarily focus on the following:

• Corporate Income Tax exemption of up to 13 years.
• Gain a 100% tax deduction on utility bills generated in operating your business in Thailand.      
• Receive tax and non-tax benefits in expanding your business in Thailand.
• Some promoted activities receive a reduction in withholding tax rates on dividends paid to foreign investors or companies.
• Certain expenses incurred by BOI-promoted companies, such as research and development, human resource development, and transportation costs, can be double deducted when calculating taxable income.
• BOI-promoted companies are allowed to carry forward losses for up to five years, which can be deducted from future profits.

Aren’t these going to make the process of setting up and operating your food business easy in Thailand? 

Your cafe and restaurant business may give you margin, but the said lines of business will surely grant you greater ease in operating your business. Additionally, you can also enjoy greater business authority.

However, if still you are unable to think of anything else than a restaurant in Thailand, here is the cost of starting a restaurant in Thailand.

Third Easy Way to Start a Food Business in Thailand: Consult a Professional Thai Corporate Law Firm

Irrespective of the fact as whether you are a Thai or foreign investor, you must have a professional corporate law firm by your side to start your food business easily in Thailand. The primary reason is getting fool-proof procedural guidance, followed by other documentation and application-support benefits.

We understand that to start your business in Thailand, you might either be in the thinking phase or may have started making the preparations for the same. Irrespective of the phase you are in, we have solutions for you. Email us your business plan at officer@konradlegal.com and go for a consultation with our team of corporate law professionals. Not only would you get the best advice, but, we will surely make your process to start a food business in Thailand – EASY!

Apply for Residence Certificate in Thailand

 

Do you want to apply for a Thai Certificate of Residence? Before you do so, do you know what are the other names of this document? It is also known as Yellow Tabien Baan or Yellow House Book! However, it will be more important for you to know about its necessity in Thailand. Also, correct information on the process of application and obtaining a Thai Certificate of Residence is also necessary. This is indeed one of the most sought-after information for foreigners in Thailand.

Before sharing the details of obtaining a Thai Certificate of Residence, let us clear some misconceptions. We often encounter such statements when we interact with people applying for Permanent Residence in Thailand. 

1. A Thai Certificate of Residence may not be a Permanent Residence Certificate by mandate. There are semi-permanent provisions also in this case. Consult with the embassy or a leading Thai immigration agency to have clarity.
2. Please don’t confuse the TM30 receipt with a Certificate of Residence. It is simply a receipt! It is no more than an acknowledgment subject to verification and validation.
3. If you are from the US, your application fee will be different from that your friend from Australia might pay. The cost of application for a Thai Certificate of Residence varies on the basis of the policies of each Consulate.
4. You will never be able to apply for a Thai Certificate of Residence without finishing your 90-day reporting period. Don’t allow agents or agencies to misguide you on this. They often claim that they can help you get the certificate without submitting the 90-day report.
5. You can never use your Thai Certificate of Residence as a Visa. Although it can facilitate the process for you to obtain a Visa, yet, it is not a Visa.

Read ahead to have a clear understanding of the process and concept of a Thai Certificate of Residence.

What is a Thai Certificate of Residence?

A Thai Certificate of Residence is also known as a “Tor Mor 13” or “TM.13” certificate. It is a legal document from the Thai government that attests to a foreigner’s legal right to stay in Thailand.

Who is eligible to apply for a Thai Certificate of Residence?

Although there are various conditions applicable, yet, the following types of persona can apply for a Thai Certificate of Residence:

• Retirees who are at least 50 years old and meet the necessary financial requirements.
• Investors who meet the criteria set by the Board of Investment (BOI) or other relevant government agencies.
• Experts and Skilled Workers working in Thai companies or organizations.
• Spouses and Dependents of eligible foreigners.
• There are other special categories of individuals holding certain types of visas who may be eligible for the Certificate. The details of the special categories are regularly updated by the Thai Immigration Bureau.

What are the benefits of having a Thai Certificate of Residence?

Having a Certificate of Residence can make various administrative processes in Thailand more convenient. You can use this to open a bank account or obtain a driver’s license. Following is the list of several benefits of a Thai Certificate of Residence:

• Legal Residency: It serves as proof of legal residency in Thailand, which can be essential for foreigners living in the country for a longer period.
• Access to Services: Having a Certificate of Residence enables access to various government services and benefits, such as healthcare, education, and certain social welfare programs, that are available only for Thai citizens and legal residents.
• Property Ownership: It is useful during the purchase of certain types of property or land in Thailand. Foreigners can ease certain property ownership restrictions through this certificate.
• Banking and Financial Transactions: Some banks and financial institutions may require a Certificate of Residence for opening accounts, obtaining loans, or engaging in financial transactions.
• Work and Business: It can be beneficial for individuals working or doing business in Thailand, as it may be necessary for work permits, visas, and other legal requirements.
• School Enrollment: Foreign children residing in Thailand may need this certificate to enroll in local schools and access educational facilities.
• Long-Term Stay: For those seeking a long stay in Thailand, this certificate can facilitate the renewal of long-term visas.
• Documentation: It serves as an official document of your residence address in Thailand, which can be useful for various administrative purposes.

It’s important to note that the specific benefits and requirements of a Thai Certificate of Residence may vary depending on your immigration status, the region within Thailand, and government policies. 

How can I apply for a Thai Certificate of Residence?

The application process may vary depending on your eligibility and location. It’s generally advisable to contact the Immigration Bureau in Thailand or consult with a Thai legal advisor for guidance on the application process.

What documents will you need to Apply for a Thai Certificate of Residence?

To apply for a Thai residence certificate, you will typically need to provide several documents. Keep in mind that specific requirements may vary depending on your individual circumstances and the local immigration office’s policies. However, here is a general list of documents that you will need to apply for a Thai residence certificate:

• Application Form: You will need to complete the application form provided by the local immigration office.
• Passport: A valid passport with a non-immigrant visa.
• Proof of Address: You may need to provide proof of your current address in Thailand, such as a rental agreement or a utility bill in your name.
• Income or Financial Documents: Some immigration offices may require proof of sufficient financial means to support yourself while residing in Thailand. This can include bank statements, a letter from your employer (if you’re employed in Thailand), or evidence of a pension or retirement income.
• Health Insurance: Some regions in Thailand may require proof of health insurance coverage that meets their specific criteria.
• Criminal Background Check: Depending on your visa type and nationality, you may be asked to provide a police clearance certificate or a criminal background check from your home country.
• Passport Photos: Typically, you will need recent passport-sized photos of yourself.
• Additional Documents: Depending on your specific situation, the immigration office may request additional documents, such as marriage certificates (if applicable), birth certificates, or evidence of any dependents.
• Translation and Notarization: If any of your documents are not in Thai, you may need to have them translated into Thai and notarized.

What is the fee to apply for a Thai Certificate of Residence?

Yes, there is typically a fee associated with obtaining a Certificate of Residence. The fee may vary depending on the type of residence permit you hold and other factors. In general, it is THB 1500 but can vary depending upon the policy of your Consulate.

How long does it take after Applying for Thai Certificate of Residence?

The processing time can vary, but it may take several weeks or even months to receive a Certificate of Residence. It’s advisable to apply well in advance if you have plans that require this document.

Can I use a Thai Certificate of Residence for Visa purposes?

While it may be helpful in certain visa applications, the Certificate of Residence itself is not a visa. You should consult with Thai immigration authorities or your embassy/consulate for visa-related matters.

What if I lose my Thai Certificate of Residence?

If you lose your Certificate of Residence, you should report it to the authorities and follow the necessary steps to obtain a replacement.

The Bottomline

We hope that by now you have a clear understanding of the purpose of a Thai Certificate of Residence along with the process to obtain the same. 

To sum up, an official document with your present address is called a residency certificate, which can be permanent or semi-permanent in nature. In the case of semi-permanent identity, it will be subject to renewal. You can receive the certificate from the neighborhood immigration office or the embassy that is in charge of representing your native country. Please be aware that a TM30 receipt is not a certificate of residence.
Feel free to contact us for more details on the same and to avail of our professional support to apply for Thai Certificate of Residence, email us at officer@konradlegal.com. Our team of expert Thai immigration specialists will communicate back within 1 Thai working day.