01
Annual General Meeting Requirements
Companies must hold AGMs within 4 months of the fiscal year-end. AGMs have strict procedures including newspaper notices, registered mail invitations, and DBD submissions within 1 month post-meeting.
02
Department of Business Development Obligations
Companies must submit annual financial statements, updated shareholder lists, and corporate changes to the DBD. The e-filing system requires precise documentation and timing and is subject to penalties if non-compliant.
03
Foreign Business Act Compliance
Foreign-controlled companies face strict activity restrictions across three prohibited lists, with violations resulting in severe penalties and consequences. Thai authorities actively inspect 25,000+ businesses annually for nominee violations.
04
BOI Company Requirements
BOI-promoted companies must submit progress reports at 6, 12, and 24 months, undergo mandatory 3-year audits, and maintain specialized accounting requirements. Non-compliance risks losing valuable tax exemptions and foreign ownership privileges.
Corporate Secretary Services Thailand - Compliance for Foreign SMEs
Foreign companies operating in Thailand navigate complex registration requirements, licensing procedures, and ongoing compliance obligations. BizWings provides comprehensive company formation, licensing, and corporate secretary services to ensure full regulatory compliance. Our end-to-end approach covers everything from initial company registration through ongoing statutory obligations, backed by over 10 years of experience serving 150+ international clients across several industries.
Why BizWings for your Corporate Compliance?
By choosing BizWings for your corporate secretarial needs, you gain a strategic partner who understands the intricacies of Thai corporate law and culture. Our multilingual team provides personalized support, ensuring that your business operations are always aligned with regulatory requirements. Our proven track record includes successfully completing numerous Foreign Business License applications, BOI promotion projects, and supporting our clients´ ongoing annual compliance for over 10 years.
Understanding Thailand’s Corporate Compliance Framework
Foreign companies operating in Thailand must meet a range of statutory obligations that range from holding timely Annual General Meetings to fulfilling Foreign Business Act and BOI reporting requirements. Each obligations come with strict deadlines and penalties that must be complied with to operate smoothly in Thailand.
Our flexible engagement models allow you to choose the level of support that best suits your needs:
End-to-End Corporate Support
Full handover of all corporate compliance responsibilities to our team from company formation and registration to ongoing annual corporate secretarial support. These services ensure that your business is fully compliant and continues to operate smoothly over time.
Ad-Hoc Support Solutions
For businesses needing targeted assistance, BizWings provides ad-hoc services for specific corporate actions. This flexible approach allows you to access expert support only when needed, ensuring cost-effectiveness and efficiency in managing your corporate affairs.
Our Corporate Secretary Services Include
Navigating Thailand's intricate compliance landscape, where companies must adhere to strict regulations like annual AGM requirements, share capital obligations, VAT registrations, and labor laws, can be challenging. BizWings simplifies these administrative complexities, ensuring seamless compliance.
Our Corporate Secretary Services Include
Navigating Thailand's intricate compliance landscape, where companies must adhere to strict regulations like annual AGM requirements, share capital obligations, VAT registrations, and labor laws, can be challenging. BizWings simplifies these administrative complexities, ensuring seamless compliance.
01
Company Formation
We provide company formation services for both normal and BOI-promoted businesses, ensuring smooth registration and compliance.
02
Licensing and Registration
We assist with Foreign Business License acquisition and registration with government offices, such as the Revenue Department and Social Security Office.
03
Governance and Corporate Structure
We support shareholder changes, director appointments, AGMs, corporate restructuring, and company address changes, ensuring compliance with Thai corporate regulations.
04
Share Certificate and Ad-Hoc Support
We issue share certificates, share transfer procedures, and provide ad-hoc services for specific corporate actions.
05
Company Dissolution
We assist with company dissolution and liquidation services, ensuring a compliant and efficient closure process.
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