Copies of corporate documents no longer required

On 31 August 2020, the Revenue Department issued a notification on cancelling the use of paper copies of company affidavits, and using data sent over the internet instead to reduce the burden on business operators.

Keywords: Mazars, Thailand, Tax, Revenue Department, Company Affidavit, Department of Business Development, DBD

19 October 2020

Under the notification, if the Revenue Department needs to use a company affidavit or corporate registration documents, including a memorandum of association and list of shareholders, Revenue Department officials shall use information generated by linking to the Department of Business Development over the internet instead of asking business operators to have the Department of Business Development issue copies.