Thailand - Business Vehicles - Branch Office

In order to open a branch office, a license must be obtained from the Ministry of Commerce under Annex C 3 (1) of the NEC No. 281. The scope of the activities will be the same as defined in the Memorandum of Association of its principal office overseas. The Registrar will consider giving a license under the following conditions:-

1. the business which requires special knowledge or skills which Thai do not readily possess;

2. the business shall not complete with businesses operated by Thais;

3. the business shall use foreign knowledge or capital; and

4. the business shall give benefit to Thailand in the following ways:-

4.1 bringing in new technology;
4.2 causing the full use of the natural resources; and