Company Amendments — Objectives, Directors, Capital Increase, Address Change

Company, BOI & accounting reference — 37 answers

Compiled from Department of Business Development (DBD), Revenue Department, BOI and DIP requirements as cited on each service page. Government fees are set by those authorities and passed through at cost.

• Q12042. Company Amendments — Objectives, Directors, Capital Increase, Address Change — what does the service cover?

  All company amendment filings at the Department of Business Development (DBD) — objective changes (Form Boj.5), director changes, share transfers, capital increase or decrease, office relocation, name change, mergers, and voluntary dissolution. We chair the shareholder meetings, prepare minutes, and file through DBD e-Registration. From quoted on request per filing. Sources: https://www.dbd.go.th/ , https://www.rd.go.th/

• Q12044. How much does Company Amendments cost and how long does it take?

  From quoted on request per filing; turnaround 3–7 business days. Government fees are set by the issuing authority and passed through at cost.

• Q12052. Does a director change require a shareholder meeting?

  Yes — an extraordinary shareholders' meeting must pass a majority resolution. File Form Boj.4 with minutes and the resignation letter within 14 days.

• Q12053. Are share transfers between shareholders taxable?

  If sold above par value, the seller owes personal income tax (capital gains) plus 0.1% stamp duty on the transaction price.

• Q12054. How long does a capital increase take?

  5 business days after the shareholder meeting. DBD fee: 0.5% of the increased capital, capped at quoted on request.

• Q12055. Who must be notified when relocating to another province?

  DBD (within 14 days), Revenue Department (both old and new offices), Social Security, and all foreign-employee work permits must be updated.

• Q12056. Does a name change require a new company seal?

  Yes. The seal must show the correct name, and you must update the name with banks, counterparties, social security, and every operating license.

• Q12057. How do company mergers work?

  Approximately 90–120 days. Both companies hold shareholder meetings, publish creditor notices in a newspaper for 2 months, file with DBD, and prepare a final balance sheet for the absorbed entity.

• Q12058. Does changing the business objective affect taxes?

  It may, if the new objective requires special licenses (e.g., tourism, food, pharma). Secure the license before amending.

• Q946066. What are the end-to-end steps for amendments?

  We start with a document and fact review, prepare and verify the file, submit to the Department of Business Development (DBD) and the licensing agencies, follow up on any queries raised by officials, and hand over the completed result with a full copy set. For amendments a case manager tracks every stage and reports status. Call +66 83-249-4999 · LINE @NYCLI · nyclegal@ilc.ltd

• Q946068. Which documents are required for amendments?

  The baseline set is the applicant's ID or passport, the original documents relating to amendments, proof of connection (house registration, company affidavit or the underlying contract) and a power of attorney if a representative attends. The exact list follows the Department of Business Development (DBD) and the licensing agencies requirements on the filing date; we send a case-specific checklist before your appointment.

• Q946070. How long does amendments take?

  Timing depends on the Department of Business Development (DBD) and the licensing agencies queue, how complete your file is, and public holidays. Our own preparation usually takes a few business days; the official stage is an estimate that can shift. We give you a realistic amendments timeline before starting and update you as it progresses.

• Q946072. What costs are involved in amendments and how are they calculated?

  There are two components: official government fees passed through at the published rate, and our professional fee, which depends on scope, document volume and urgency of amendments. Fees are quoted case by case based on complexity and document volume — ask our team before work starts. You always receive a written breakdown before work begins — no hidden charges.

• Q946074. Can amendments be handled if I live upcountry or overseas?

  Yes. Send photos of your documents via LINE for a feasibility check, then we proceed under a power of attorney, or you sign at a Royal Thai Embassy/Consulate where you live and courier the originals back. For amendments we map out the fastest and safest option before you commit.

• Q946076. What are the most common mistakes in amendments and how do we prevent them?

  The usual causes of rejection are name spellings that differ between documents, documents that expire before the filing date, uncertified copies, and translations that do not match the original. the Department of Business Development (DBD) and the licensing agencies returns files for exactly these reasons, so we cross-check names, dates and seals across every page before submitting amendments.

• Q946078. Which laws or regulations govern amendments?

  The framework is set by the Civil and Commercial Code, the Foreign Business Act B.E. 2542 and the applicable tax legislation, together with the regulations and notifications issued by the Department of Business Development (DBD) and the licensing agencies, which are revised from time to time. Before advising on amendments we verify the version in force on the filing date and rely on official sources rather than second-hand summaries.

• Q946080. What happens if amendments is rejected or returned for correction?

  First we obtain the written reason from the Department of Business Development (DBD) and the licensing agencies, then separate formal defects (fixable and quickly refiled) from substantive or eligibility issues (which need a change of approach). Where the error is ours, we redo amendments at no extra professional fee and coordinate until the matter is resolved.

• Q946082. Who is amendments for, and what are the eligibility conditions?

  It suits anyone who must present the result of amendments to a government body, bank, educational institution or overseas counterparty. Applicant eligibility and supporting documents follow the Department of Business Development (DBD) and the licensing agencies rules; some cases require the document holder in person or a properly executed power of attorney. We screen eligibility free of charge before accepting the case.

• Q946084. How long does the result of amendments stay valid?

  Certified documents rarely carry an expiry date themselves, but most receiving authorities require issuance within 3–6 months of submission, and some are stricter. Check the destination's rule before starting amendments so nothing has to be redone; we plan the sequence around your filing deadline.

• Q946086. Does amendments also need an English or target-language translation?

  If the receiving body is overseas, a certified translation is normally required, and many countries insist on their own official language rather than English. We confirm the destination rule first, then produce a translation aligned with amendments and certify it in the same workflow to avoid extra rounds.

• Q946088. Should I handle amendments myself or use a service provider?

  Doing it yourself saves the professional fee but leaves you carrying the risk on document format, queueing and travel time, plus shifting the Department of Business Development (DBD) and the licensing agencies practice. A provider reduces rejection loops and gives you someone accountable for follow-up. For amendments we are happy to give initial guidance even if you proceed on your own.

• Q946090. Is there an express option for amendments?

  We can prioritise our own preparation subject to capacity, but any stage controlled by the Department of Business Development (DBD) and the licensing agencies follows official procedure and cannot be guaranteed to a fixed date. We tell you plainly what the fastest realistic amendments window is and offer alternatives if your deadline is too tight.

• Q946092. How is my data protected when you handle amendments?

  We process personal data under Thailand's Personal Data Protection Act B.E. 2562 (PDPA), use it only to carry out amendments as instructed, restrict access to the assigned team, and return or destroy originals on your instruction. You may exercise access or deletion rights at any time.

• Q946094. What happens after amendments is completed?

  Check names, dates and seals as soon as you receive the result of amendments, keep at least one digital copy, and submit to the receiving authority within its validity window. If the destination requires further legalisation — for example the Department of Consular Affairs or an embassy — we continue the chain in the same engagement.

• Q946096. What risks should I know before starting amendments?

  The main risks are destination rules changing mid-process, historic documents that no longer match current facts, and deadlines so tight that no correction round is left. We confirm requirements with the Department of Business Development (DBD) and the licensing agencies or the receiving body before filing amendments and build correction time into the plan.