Online or offline when it comes to company registration in Thailand?

  songsamorn yannasitti    July 8, 2013    1007

 

Every week hundreds of company registrations take place in Thailand but only a few succeed.  Why is this?  The reasoning behind the success or failure of every application depends on factors such as paperwork.  Is the paperwork in order and complete?  Is it translated in to English and Thai with an official company stamp?  Does the company in question have the correct ratio of Thai staff to foreigners?  Is the foreign staff university educated?  Does the business provide a service that cannot be done by Thai people normally?

All these factors are taken in to consideration when a company registration takes place in Thailand.  With many businesses being online only through e-commerce you have to wonder when Thailand will allow for online businesses to be registered in Thailand.  In fact they do do this if the company meets the criteria already stated.  You can operate a company that exists mainly on the internet but obviously it is best if your customers are real people who you can interact with.  The same rules and regulations apply though whether your business is offline or online primarily and you need a physical office space as your base of operations to start from and this, as said, needs the correct ratio of staff also.  All foreign based staff needs to be university educated with a work permit to ensure that they are giving something back to Thailand through their level of educational and work experience.

Unfortunately the process of actual company registration in Thailand is primarily offline and paper based.  It would make things a lot easier if this process was made online where documents could be submitted online for approval and then only do they meet officials in person to go any further.  But this then highlights the fact the official may not speak any other language except Thai fluently which creates the miscommunication or lost in translation issues that can usually occur when dealing with beauracracy in other country that is not your own. 

Therefore it highlights the need that the officials who are involved in the company registration process in Thailand need to be able to communicate the applicants as well.  This issue is why the majority of applications are vetted by a third party legal organisation first before being officially submitted to make sure that everything has been met and covered and this all helps ensure that the company application process in Thailand is smooth and successful otherwise it will be sent back and you need to recheck the documentation again and resubmit.  So it makes sense to check, double check and even triple check the application forms and documentation to ensure that everything is in order before submission to avoid any mistakes or issues that may occur later due to the process of company registration in Thailand being exceedingly lengthy.  Because of the length of the overall process many people think that a paperless procedure would be the way forward but the infrastructure needs to be there to deal with the number of online applications but with everything now moving online it is only a matter of time before the process of company registration in Thailand moves online to the cloud also.


 Article keywords:
company registration thailand, thailand company registration, company registration in thailand

 


 Share this article: 
Print Digg StumbleUpon del.icio.us Facebook Yahoo! Buzz Twitter Google Bookmarks LinkedIn MySpace Orkut PDF Scoopeo Viadeo Add to favorites
      

© Copyright - Articles XP