Good news! A representative office in Thailand is not subjected to CIT as it usually doesn’t do any business transaction. You may know that the funding generally comes from the Head Office to cover the overhead costs.
If you have been planning to have an oversea presence of your company and you are considering Thailand, then the representative office is a wise decision. Below are its objectives;
OBJECTIVE 1
To report the business movements in Thailand to the head office or affiliated company or the group company;
OBJECTIVE 2
To give advice on various aspects pertaining to the goods distributed by the head office or affiliated company or the group company to the distributors or the users;
OBJECTIVE 3
To seek for the supply source of goods or services in Thailand for the head office or affiliated company or the group company;
OBJECTIVE 4
To inspect and control the quality and quantity of goods that the head office or affiliated company or the group company purchased or hired to manufacture in Thailand;
OBJECTIVE 5
To disseminate the information in relation to the new goods or services of the head office or affiliated company or the group company;
Usually, the process takes about 4-6 months to complete the registration. To have a registered office of your representative office, you can opt for an office space rental for a cost-efficient solution.
