Foreign companies that want to carry out marketing activities or support business in Thailand Can set up a representative office but cannot generate income Except for helping the head office where the representative office relies on the head office to find capital only will not be able to receive money from the invoice or bills representative office Is limited to only 5 activities as follows

• A representative office can be set up to report business activity to can occur in Thailand and use this information to grow their own business.
• Can provide information about the products the company sells to its customers and distributors. But can’t sell these products directly just describe the product.
• Can provide products and services. to send to the company’s headquarters which many businesses use to save money on products and services.
• The representative office can perform quality and quantity inspections and control for products manufactured or purchased by the head office from Thailand. This helps companies offer the best products and manage inventory more efficiently.
• Representative offices can recommend or market information about new services and products. This is important for launching new products or services to the Thai market.

These activities are legally permitted by the representative office. But if doing other than this will cause the office to lose the license

Many companies target the Thai market. or control the quality of products that come from Thailand But do not want to do business in which Thai people must own 51% by companies with headquarters located elsewhere. It will be an easy way to build a foundation in Thailand. In which these companies can carry out various activities that do not generate income. when they have an office in Thailand

different from a limited company Representative offices are not required to follow the same rule of employing 4 Thais for 1 foreign employee.

Representative offices are not subject to corporate income tax as they do not generate income in Thailand.

While the representative office is suitable for many companies. But the biggest drawback is limited business activities. This makes it possible for the company to not use the representative office to earn income. Even though they may discover an opportunity to make money and will have to start another company to take advantage instead.

Establishing a representative office May be difficult for foreigners both filling out documents and submitting various documents But this problem has a solution, that is, the company can hire Pongpanich Accounting to do the job.

Thailand has legal requirements for the establishment of representative offices. The office cannot engage in any revenue-generating activities.

In addition, the office needs a manager to represent it. And must complete the required documents for approval.

It may only take a week to set up a representative office in Thailand. The director of the main business must make an appointment letter. to appoint a representative for the representative office and sign and submit documents for application Documents must be in Thai language. Which the agent will sign by himself. Once the documents are submitted, the office will receive a license which will not take long.

If the company chooses to close the office. This is a fairly easy process. And can be completed within 60 days. The representative office does not have to go through the closing process like other businesses in Thailand.

You Want to set up a representative office in Thailand? Pongpanich Accounting is ready to take care of everything for you!