Do you want to report "How to Get a Memorandum of Association for Your Business in Bangkok, Thailand"
A Memorandum of Association (MOA) is a legal document that outlines the constitution and objectives of your business. It is a crucial document that you need to get before registering your business in Bangkok, Thailand. Here’s how you can get an MOA for your business in Bangkok:
It is recommended to hire a lawyer who is well-versed in Thai corporate law to help you draft your MOA. The lawyer will ensure that your MOA complies with the legal requirements of Thailand's Civil and Commercial Code.
Your lawyer will help you draft your MOA, which should include the following information:
Once your MOA is drafted, you need to sign it in the presence of at least two witnesses. The witnesses must also sign the MOA.
You need to get your MOA notarized by a notary public in Thailand. The notary public will verify the identities of the signatories and witnesses and certify that they have signed the MOA.
After getting your MOA notarized, you can proceed to register your business with the Department of Business Development in Thailand. You need to submit your MOA, along with other required documents, to register your business.
If you are a foreigner, you can either register your business as a Thai company or as a foreign-owned company. If you opt for a foreign-owned company, you need to get approval from the Board of Investment in Thailand.
The costs of getting an MOA for your business in Bangkok, Thailand may vary depending on the lawyer you hire and the notary public you use. However, the average cost of getting an MOA notarized in Thailand is around THB 500-1000.
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