You can change the registered address of your office or company in Thailand under two situations. Firstly, you can change the address, whereby the new premise is in the same province of Thailand as your existing office. Elsewise, you may shift to a different province to change the registered address of your office or company in Thailand.
There is a great difference in the process of change in the same province and those that involve moving the firm to a different province in Thailand. Moving within the same province can be quicker than that to a different province.
However, it all depends on the reason for changing the address of your company. Read through to know about the differences and process to change the registered address of your company in Thailand.
Process to Change the Registered Address of a Company in Thailand
Moving the registered office within the same province has the following advantages:
Fast Processing: It takes little time to move the registered office to a different site within the same province.
Less Expensive: Additionally, because there are fewer steps in the process, the business owners will incur lower costs.
Easy Notification: Only the Department of Business Development is to be notified of the address change.
Change of License: Only the modification of the address that appears on the license is one of the obligatory adjustments.
Moving the registered office to a different province will entail the following steps:
Approval of all Shareholders: You have to inform the shareholders about the address change at a meeting for their approval.
Additional Notification: It is mandatory to publish a notification in a newspaper or other media outlet.
Longer Process: Moving to a different province will take about three weeks longer than moving to the same province.
Complex Documentation: More documents, particularly those pertaining to the public notice of the relocation adds in the documentation.
You should allot around one month for the process of moving the registered office to a new location. An existing Thai firm can undergo a number of more changes, and depending on the activities and profile of the business, investors may need to implement these modifications. Entrepreneurs can get in touch with our Thai Company Formation Experts when this becomes necessary.
Documents to Change Registered Address of a Company in Thailand
Business owners must provide the following documentation when changing the registered office address in Thailand:
- Copies of the director’s identity cards.
- Passport copies for foreign partners.
- Copies of the original VAT certificate for the company.
- Copies of the original tax ID for the company and other company documents.
Additionally, as a proof of the new address, the business owner must receive a letter of approval from the owner of the new premises or building. This submission must include pictures of the building and its premises, and copies of the map indicating the new building’s location. Please note that you can use the new address only after the Thai Revenue Department approves it on the basis of your documentation.
Furthermore, the Social Fund and the Department of Business Development must have proper notifications of the address change. You have to include the new address on all permits and licenses that previously indicated the old registered office location, including work permits for foreign employees in Thailand.
The legal entity must also notify the bank where it keeps its corporate bank account of the changes to its address. Investors should use this information as a straightforward guideline for the approach. But, please keep in mind that the process can vary depending on the province to which you are moving in. The same goes for businesses that depend on special licenses and licenses to operate. Additionally, there is difference in the process for Thai and Foreign business owners.
The Bottomline
You will receive all official correspondence, commercial and transactional documents and all relevant items at your office address. There can be various reasons that may create a situation for you to change the address of your company in Thailand. The most common reasons for which our clients change to a different place with better business prospects. If you need some special and professional assistance in the process to change the registered address of your company in Thailand, get in touch with our team at [email protected].
