According
to the 13 March 1995 Commercial Registration Department Regulation No.
1/2538, "Rules of the Commercial Registration Department on Partnership
and Company Registration", any person registering a partnership
or limited company will submit the application form with the documents
specified in the Annex.
By
virtue of the provisions in Clause 3, Section 3 of the Ministerial Regulation
establishing the Commercial Registration Department whereby the Registrar
can prescribe rules and procedures pertaining to the Registration of
Partnerships and Limited Companies, the Registrar hereby stipulates
the rules and procedures for partnerships and limited companies.
In
the case of the registration of a partnership or limited company in
which non-Thai citizen shareholders hold 40% or more of the shares,
or in cases where non-Thai citizens hold less than 40% of the shares
but a non-Thai citizen acts as the authorized director, all Thai shareholders
must submit evidence of their source of capital along with their registration.
One of the following documents must be submitted showing evidence of
an amount of capital equivalent to the amount of capital that is being
invested:
(1)
Copy of a bank book or bank statements retroactive for 6 months, or
(2)
A document issued a bank certifying the financial status of the shareholders,
or
(3)
Copy of evidence showing the source of money for investment.
The
Regulation was issued on 20 July 2006. It will go into effect on 15
August 2006.
