Representative Office in Thailand

Scope of Business of a Representative Office

1. Procurement of supply sources for goods and services in Thailand for the head office.
2. Inspection and control of the quality and volume of goods purchased by the head office or hired by the head office for production in Thailand.
3. Consultation on various aspects of the goods distributed by the head office to the district agent or consumer of goods.
4. Dissemination of various information about new goods or services offered by the head office.
5. Reporting business movements in Thailand to the head office.

General Criteria:

1. The office must be a juristic person established under the laws of a foreign country.
2. The office must not derive any revenue from its offices.
3. The office cannot accept purchase orders, make sales offers, or engage in business negotiations with any person.
4. The office must receive subsidies for office expenses from the head office only.
5. The office must prepare financial statements from the Accounting Act.

Conditions:

1. Loans from banks or other financial institutions which are incidental to a licensee’s business operations, where the representative office registered in Thailand can be made to an amount not exceeding the proportion of one part capital to seven parts loan.
2. The appointed of representative office in Thailand can be the foreigner(s) or Thai nationality and individual only.