Integrity Legal - Law Firm in Bangkok | Bangkok Lawyer | Legal Services Thailand Back to
Integrity Legal

Legal.co.th - Resources 

Research & gain insights into Thai, American, and International Law.

 

Contact us: +66 2-266 3698

info@integrity-legal.com

ResourcesCorporate and Tax AdvisoryThailand Corporate LawLegally Required Corporate Registered Addresses in Thailand

Legally Required Corporate Registered Addresses in Thailand

Transcript of the above video:

As the title of this video suggests, we are discussing corporate registered addresses in the Kingdom and specifically were discussing how these registered addresses work.

A lot of people have some real mis-perceptions with respect to how corporate domiciling or corporate registered addresses operate.

What are we talking about?  We are talking about a Corporation and it needs to have an address a legal address where that Corporation is registered. Now a lot of people will tell me “Well I'm just going to put it on my, condo or I'm going to put it in my house.” That may not be possible and where it may even be possible, it may still result in problems notwithstanding the fact that it may actually be possible to register the address.

First things first. Actually getting it registered especially on a house for a farang could prove difficult. Why do I say this? and by farang, I mean foreigner in Thailand. Well that's because most foreigners in Thailand are not going to be able to own any land or real property in the Kingdom so they're probably going to be renting whatever house or domicile it is that we're talking about here. Under those circumstances, the landlord's consent to a Corporate address registration is going to be key to getting that address registered at all and many landlords are a bit you know “iffy” sometimes on allowing that to happen for various numbers of reasons. So leaving that there, it may not be possible because the landlord doesn't allow it.  Let's go ahead and say it is allowed though and they will allow a company to be registered on say a house. Well that may be possible and Ministry of Commerce may allow for that registered address to occur there but it may not be considered compliant for tax regulatory purposes; things like VAT Certificate issuance, etc. This can be problematic especially again for foreigner because things like work permits and business visas are going to be directly tied to one's ability to be tax certified and possibly social security certified depending on the given circumstances of the given enterprise and for this reason it is my opinion that generally speaking a house is not going to be the most optimal because there are some districts I know of, some Revenue Department Offices with District's here in Bangkok and Thailand for example, that are not going to be real amenable to allowing tax certification of a company that's registered on what's otherwise considered a residential address. In many cases it's somewhat discretionary but that being said, as a practical matter it's not the best course of action.

So in summation with respect to this video, registered addresses are important. They need to be maintained in order to comply with various, not only legal requirements for the corporate entity itself but for tax compliance which is in many cases for foreigners a prerequisite for things like work permit and Visa issuance in order to maintain lawful physical presence in the Kingdom for a prolonged period of time.