In that case you can ask someone else to sign the documents by transferring power of attorney to that person. A power of attorney gives authority to a person to act on your behalf. With POA;
- Legal and financial matters can be handled by another person;
- POA is a protection against the many costly court proceedings in situation when you become incompetent;
- Give you the ability to choose who will take decisions for you;
- Prevents delay in asset protection;
So, what powers you can transfer?
Apart from legal matters, you can grant authority to deal with real estate, gift transactions, investment, business, and pensions.
Generally, there are two forms of power of attorney in Thailand including;
- The General Power of Attorney (GPA) that allows broader authority;
- The Special Power of Attorney (SPA) that is limited in scope.
In Thailand, Power of Attorney needs a supporting document, i.e, a copy of Thai ID for a Thai resident, and if a foreign businessman, then a copy of his/her passport is required. A Power of Attorney requires to be witnessed properly. Minimum two people must be present to witness the signing.
For your information, a POA form is generally in Thai script. Having said that, English forms are valid these days. In the form, the powers and the responsibilities assigned to the person must be clearly mentioned. Also, in what situation the power is being transferred must be stated in the same.
If in case the POA is executed in a foreign land the documents must be notarized by an authorized official of the Royal Thai Embassy based in the respective country, which should be done six months before submission of the documents.
