Due to the increasingly strict registration requirements of the Department of Business Development (DBD), several new orders and notifications have recently been issued. H&P Corporate lawyers in Thailand have prepared a summary of the relevant orders and notifications and comments on the adjustments the foreign investors in Thailand will face in 2026.
The summary of regulatory measures prepared by our law firm in Thailand Herrera and Partners includes four Orders and two Notifications of the Department of Business Development (DBD):
1)Order of the Central Partnership and Company Registration Office No. 2/2568 (2025)
Re: Criteria and Supporting Documents for the Registration of Partnerships and Limited Companies Involving Foreign. Participation or Authorized Foreign Directors
For juristic persons where foreign shareholding is less than 50% of the registered capital, or where there is no foreign shareholder but a foreign director with signing authority:
Each Thai partner or shareholder is required to submit bank statements of 3 months demonstrating withdrawals or transfers consistent with the amount of capital contribution or share subscription.
2)Order of the Central Partnership and Company Registration Office No. 3/2568 (2025)
Re: Registration of Partnerships and Limited Companies Involving Persons Linked to Predicate Offences or Nominee Accounts (as listed by AMLO)
For partners, shareholders, or directors who appear on the AMLO watchlist (HR-03), as notified through the Anti-Money Laundering Operations Center (AOC):
Such persons must appear in person before the registrar prior to registration, presenting a valid national ID card or other unexpired identification.
Documents to be presented include:
- Bank statements 3 months showing consistency of capital contribution/share payment; or
- A copy of the amended partnership agreement; and
- A letter of consent for the use of the registered head office premises.
3)Order of the Central Partnership and Company Registration Office No. 4/2568 (2025)
Re: Registration and Amendment of Head Office Addresses of Partnerships and Limited Companies
For company incorporation or amendment of the registered head office address, where the same address is already used by five (5) or more registered juristic persons:
The registrar must verify the address against the civil registration database in all cases.
Applicants will be required to submit:
A letter of consent for the use of the premises; and
Evidence demonstrating the right to use the registered address.
4)Order of the Central Partnership and Company Registration Office No. 5/2568 (2025)
Re: Registration of Partnerships and Limited Companies Involving State Welfare Card Holders
For partners, shareholders, or directors who are State Welfare Card holders:
Such individuals must appear in person before the registrar prior to registration, presenting valid identification.
Documents to be submitted include:
- Bank statements 3 months showing withdrawals or transfers consistent with capital contribution/share
payment; or
- A copy of the amended partnership agreement; and
- A letter of consent for the use of the registered head office premises.
5)Notification of the Central Partnership and Company Registration Office (2025)
Re: Authorized Persons Who May Witness Signatures for Partnership and Company Registration
The following persons are authorized to certify signatures for registration purposes:
- Certified Public Accountants (CPAs);
- Registered professional accountants who are members of the Federation of Accounting Professions;
- Heads, managing partners, or directors of certified quality accounting firms; and
- Licensed security enforcement officers.
6)Notification of the Central Partnership and Company Registration Office (2025)
Re: Criteria and Procedures for Registration and Identity Verification of Authorized Signature Witnesses
Authorized signature witnesses must register and verify their identity through the digital system.
Registration or updates must be completed via the DBD Digital Business Registration System (DBD Biz Regist).
In light of these developments, foreign investors doing business in Thailand must adjust the procedures and operations accordingly to ensure compliance with the new regulatory requirements.
If you are looking for a legal consultation with a corporate lawyer in Thailand specialized in foreign investment, please contact our Bangkok law firm at info@herrera-partners.com
