A limited Power of Attorney grants authority to sign a specific contract, a defined category of contracts, or contracts up to a specified value — and expires on execution, on a defined date, or on completion of the transaction. A general POA grants broad authority to act on behalf of the company across a wide range of matters and remains valid until revoked. For contract signing purposes, a limited POA is almost always the more appropriate instrument: it defines exactly what the holder can sign, limits exposure to the specific transaction, and automatically extinguishes authority once the purpose is served.

For routine commercial contracts in Thailand, most counterparties will accept the POA without requesting the board resolution. However, banks, government agencies, institutional counterparties, and foreign entities executing significant agreements frequently request a certified copy of the board resolution as well — to confirm that the POA was validly granted by the directors and that the delegation was properly authorised under the company's governance. UnionSPACE prepares both documents as standard to ensure the company is equipped for either requirement.

Yes — there is no nationality or residency restriction on who may be authorised by POA to sign contracts on behalf of a Thai company. Where the authorised person is overseas, the POA may need to be delivered to them digitally or physically depending on the counterparty's requirements. Where the counterparty requires a notarised or legalised original, we advise on the most practical execution and delivery approach based on the authorised person's location.

Scenario S.23 (this service) covers delegating authority to sign commercial contracts — agreements with counterparties in the private sector, commercial landlords, service providers, and similar parties. Scenario S.22 covers appointing a representative to act before government agencies — the DBD, Revenue Department, Social Security Office, and similar bodies. The documents are structurally similar, but the scope, form, and content requirements differ for each context. Where both are needed — for example, where a corporate secretary will both manage government filings and execute contracts — we advise on the most appropriate structure.

A Power of Attorney can be revoked at any time by the grantor by a written notice of revocation — but to be effective against third parties who have previously relied on it, notice of revocation must also be communicated to those parties. For a limited, contract-specific POA that expires on execution or on a defined date, revocation is typically not required — the authority extinguishes automatically. Where a POA with an ongoing term must be revoked before its expiry, we advise on the correct revocation mechanism and prepare the relevant notice.