Notification of the Bank of Thailand No. FPG. 13 2560 Re: Regulations . . . Credit card business may be regarded as a business that affects the greater public At present, credit card is increasingly used to facilitate payment from purchase of goods and services in everyday life The Bank of Thailand has regulated credit card business of credit card operators since 2002 for the benefit of consumer protection, enhancing
Unofficial Translation Please refer to Thai text for the official . . . Credit card business is one of the business that facilitates payment, instead of cash payment, for daily purchases of goods and services; therefore, it is the business that involve large number of people Government sectores by the Ministry of Finance and the Bank of Thailand, thus, have regulated the credit card business since 2002, in
Section 5 Starting a business in Thailand - Ministry of Foreign Affairs Although there are no minimum capital requirements, the size of the capital should be respectable enough and adequate for the intended business operation The memorandum registration fee is 50 baht per 100,000 baht of registered capital The minimum fee is 500 baht, the maximum 25,000 baht Convene a statutory meeting
Company in Thailand to Starting a Limited The Simple Guide 2 If applying for a Foreign Business License (FBL) or work permits for foreign employees, a higher registered capital may be required (e g at least THB 3 million THB or 25% of the annual average of the estimated expenses over three years per business activity requiring a foreign business license For work permits, 2 million THB per foreign
COMPANY REGISTRATION IN THAILAND: A 10-POINT CHECKLIST - Tilleke Gibbins Registered Capital: Generally, there is no minimum capital requirement for Thai majority- owned companies Foreign majority-owned companies are required to have at least Baht 2 million or Baht 3 million registered capital, depending on type of business The capital of the company must be divided into shares, each with an equal par value of at
Payment Service - KPMG Thailand Debit Card, Credit Card or ATM Card Issuing (an issuer of debit, credit or ATM cards) a Foreign Business License (FBL) must be obtained from the Department of Business Development (DBD) E-Payment License Application Process The BOT will pass the final application to the Ministry of Finance to consider issuance of the E-Payment License
if any for application submission and consideration process 1. Those intending to apply for a license to undertake a designated payment services business in the category of provision of credit card, debit card or ATM card service shall have the following qualifications: (1) be a juristic person of the following type: (1 1) a limited company or a public limited company registered in Thailand with objectives to
Guide for foreigners wanting to establish a business as an . . . - THAILAND The license for any business in List 3 is five baht for every one thousand baht of the registered capital, provided that the minimum fee is 20,000 baht and the maximum fee is 250,000 baht All the documents mentioned above must be submitted at the Bureau of Foreign Business Administration, Department of Business Development, Ministry of
Private Limited Company in Thailand : Regulations and our Advice A Private Limited Company in Thailand is registered under the Civil and Commercial Code and is officially designated as “Company Limited” or “Co , Ltd ” Thai-majority ownership is often necessary to avoid the need for a Foreign Business License (FBL) Minimum Capital Requirements a minimum registered capital of THB 2 million
Company Registration in Thailand - Thailand Legal Advisors Approve the articles of association, appoint directors, and confirm the capital structure Step 4: Register the Company File incorporation documents, including the MOA and articles of association, with the DBD Payment of registration fees is required (approximately 5,500 THB per 1 million THB of registered capital) Step 5: Tax and VAT
Foreign Business License (FBL) in Thailand - TRCC The company must have a minimum registered capital of 2 million THB, or 3 million THB for certain restricted businesses Learn how to legally operate a fully foreign-owned business in Thailand with the Foreign Business License (FBL) Understand the requirements, application process, and benefits for foreign investors under Thai law
Pico Microfinance with Limited Company - G. A. M. Legal Alliance 2 Registered Capital: The minimum paid-up capital of 10 million baht for the Plus version license 3 Business Nature: Same as Pico Finance Loans 4 Management and Shareholders: Same as Pico Finance Loans * Relevant Laws – Announcement of the Revolutionary Council No 58 (1972) – Ministry of Finance Announcements (2019, 2021)