DBD Company Affidavit for Thai shareholder structures used abroad?

Detailed Answer

Foreign banks, M&A counterparties, and overseas regulators routinely ask for a current DBD Company Affidavit (หนังสือรับรองนิติบุคคล) before opening accounts, registering subsidiaries, or completing share transfers. Thai Notary workflow: (1) we obtain a fresh copy from the Department of Business Development (DBD) — must be ≤ 30 days old for most foreign uses; (2) we translate the Thai affidavit into English using a Thai-MoJ-listed translator; (3) we notarize both the photocopy of the Thai original and the English translation; (4) MFA Chaeng Watthana legalizes the translation; (5) for Hague countries we then route via Apostille; for non-Hague we route via the destination embassy in Bangkok. Same process applies to Bor Or Jor 5 (shareholder list), Memorandum of Association, and the Tax Identification Card. Thai Notary bundle THB 4,500–9,500. Standard 3–5 working days, express 1–2 days at +50% fee.