My company was just incorporated 1 week and I don’t have time to go to open a corporate bank account due to my business trip in overseas. I would like to know if there is a required time period for opening a bank account of a company? When do I have to inject the capital amount?
Panwa: Please note that for open company’s bank account, it has 2 cases as;
Case 1: If the capital is lower than Baht 5 million, you can open the bank account and deposit the amount to the corporate bank account anytime, which the government does not check for this matter.
Case 2: If the capital is more than Baht 5 million, the company have to bring in the capital within 15 days after the company is incorporated and request the bank certificate under the company’s bank account and submit to DBD so it means that you if you incorporated the company one week ago, you must open the bank account within 7 days and deposit the capital.
Related topic:
- Open corporate bank account in Thailand – Click here
For more information, please feel free to contact us:
Phones: +66 2 933 9000
Whats'app: +66 81 919 6225 (Mr. Tana Sipa)
Email: bkk@panwa.co.th