Advance Blog

January 19, 2021
Tilleke

Thailand’s DBD Encourages Digital Company Affidavits and Corporate Document Certification

Thailand’s Department of Business Development (DBD) has released a new notification to emphasize and encourage the online issuance of company affidavits and certification of corporate documents, in an effort to prevent further spread of COVID-19 in Thailand. This notification, which was announced on January 7, came into effect on January 11, 2021.

The new notification repeals and replaces a similar DBD notification issued on April 10, 2020, during the first wave of the pandemic, and notes that requests to issue company affidavits and certify corporate documents can be processed through the DBD’s e-service system via the DBD website (www.dbd.go.th). In using this online system, applicants can choose to receive the documents either as PDF e-certificates or in paper form.

The digital signature of the relevant DBD official will appear on the documents using a public key infrastructure (PKI) encryption—an accepted cryptographic practice that binds digital identifiers to people and organizations and verifies any amendments to the information or digital signature. In accordance with Thailand’s laws on electronic signatures, a digital signature by a DBD official is deemed as legitimate as an ink signature on paper.

The authenticity of both electronic and paper documents issued by the DBD can be verified via the document’s QR code and through the reference number at the bottom of the document. For paper documents, the authenticity can also be verified by checking the micro-text (which is illegible when photocopied), and the DBD watermark (which disappears or becomes obscured when photocopied). Anyone can verify a legal entity’s current information on the DBD’s website through the “DBD DataWarehouse+” or “DBD Service” portals.

The DBD e-certificate service described in the new notification is now available for public use. Even though the DBD had already introduced an online system for this service in 2020, the new notification highlights this implementation to encourage wider use in response to the COVID-19 outbreak.

Kitti Thaisomboon, Senior attorney-at-law , Tilleke & Gibbins
Kitti Thaisomboon is a senior attorney-at-law in the corporate and commercial team in Tilleke & Gibbins. With more than 20 years of experience, Kitti has successfully served both Thai and multinational clients in a broad range of industries, and has accumulated expertise in various practice areas including the law of contracts, joint ventures, mergers and acquisitions, insurance, real estate, product liability, and consumer protection. Kitti truly understands the needs of in-house corporate counsel, as he previously worked as the manager of legal affairs and business at one of Thailand’s top trading companies, which has 50 affiliated companies. Based on this experience, he is able to deal effectively with sensitive and internal corporate matters, with proficiency in asset and share acquisitions, codes of business conduct, corporate structuring, directors’ liability, employment and labor relations, and real property and licenses. In 2010, Kitti qualified as a business and financial advisor at the Kasetsart University and FPM Certificate Co., Ltd. He is also a member of the Thai Bar Association.
Prisna Sungwanna, Partner, Tilleke & Gibbins
Prisna is a partner in Tilleke & Gibbins’ corporate and commercial group, specializing in corporate law, energy and infrastructure, and mergers and acquisitions. She is recognized for her experience in representing major Thai, regional, and international organizations on complex M&A matters. Prisna also has extensive experience in advising foreign investors on establishment of legal entities in Thailand, obtaining foreign business licenses and certificates and Board of Investment promotion, and handling ongoing business issues. She also provides advice on work permits, visas and real estate matters.
Share:
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

Representing the Chamber on Your Website

Proud Member of

preview logo

Adding AustCham Logo to Your Website​

Proudly present yourselves as a part of Australian-Thai Chamber of Commerce by adding AustCham logo to your website.

MEMBER LOG IN