Scenario 3
Change Director’s Signing Authority
Update company signing authority in Thailand with properly drafted board resolutions and DBD filings, ensuring banks and counterparties reflect the correct signing rules.
The Scope
Signing authority review
Review the current signing authority and confirm the new signing rule.
Information & document verification
Collect and verify required client information and company documents.
Board resolution drafting
Draft a board resolution updating the company’s signing authority.
DBD filing preparation
Prepare the DBD filing set if an affidavit update is required.
DBD submission & follow-up
Submit filings to the DBD and monitor progress until completion.
Updated company affidavit
Arrange issuance of the updated Company Affidavit reflecting the new signing rule.
What we typically need from the client (included in scope)
Current signing authority
Details of existing signing authority or the latest company affidavit.
New signing rule
Confirmation of the intended signing condition or authorized signatories.
Effective date
Official date the signing authority change takes effect.
Latest company documents
Most recent Company Affidavit, Bor Or Jor 5, or Registration Certificate.
Deliverables
Signed board resolutions
Executed board resolution approving the signing authority change.
DBD acknowledgement
Official receipt confirming submission to the DBD (if filed).
Updated Company Affidavit
Latest affidavit showing the revised signing authority.
Typical timeline
Consult With Our Corporate Advisory Team
Our team is ready to guide you through the full process. Reach us on WeChat or WhatsApp.
UnionSPACE English speaking accounting team is one of the best thing i found in Thailand :) Havve tried so many accounting firm to help out with our company compliances and each and everyone of them failed massively.
Saul Goodman
Ceo & FounderI love UnionSPACE Cloud Accounting Software - that's included in our subscription. It's like we got 2 services for the price of 1 and it also allow us to review their work anytime.
Sara Wilsson
EntrepreneurThe way they explain my responsibilities during the on-boarding process makes work alot easier and smoother for both parties. Initially I felt it was an overkill but later realize it was indeed beneficial and necessary for all parties.
Jena Karlis
Store OwnerLike it or not, accounting is a pain and unionspace made it bearable and do-able even here in Thailand. Thank you
Matt Brandon
FreelancerAs Thailand tighten their grip with tax collection, having a professional accounting company is important. Unionspace made that right.
