International Business Center (IBC) 🌐 — 100% foreign equity · THB 10M minimum capital · 60-day setup · visa: LTR-Work
IBC (Royal Decree 674/2018, Sec 41) replaced ROH/IHQ — tiered CIT 8/5/3% based on Thai-expense base (≥THB 60M/300M/600M) + flat 15% PIT for expat HQ staff + 10-yr LTR-Work-from-Thailand for every senior hire
Key parameters: 100% foreign ownership · THB 10M minimum registered capital · work-permit quota ตาม BOI-IBC — ไม่จำกัด สำหรับ skilled-foreign expert · 60-day average registration · primary visa LTR-Work
Tax incentives & conditions: IBC (replaces old ROH/IHQ since 2018): CIT 8/5/3% on qualifying income (3-tier by Thai expense base), 15% flat PIT for foreign expat HQ staff, dividend WHT exemption to non-residents, no specific business tax on intercompany loans.
Core docs we prepare: BOI-IBC application, Group structure chart, List of intercompany services (qualifying income), Senior-staff CVs (≥10 skilled foreigners), 3-yr Thai expense projection — every certificate notarised + Apostille + MFA-certified Thai translation and filed via BOI · Revenue Department · DBD.
LINE @nycvisa — pick entity, assess activity & capital
Run eligibility check with BOI · Revenue Department · DBD
Apostille + MFA translation — BOI-IBC application, Group structure chart, List of intercompany services (qualifying income)
Submit to BOI · Revenue Department · DBD — 60-day timeline
Open corporate account + inward remit THB 10M capital
File LTR-Work + work permit at One-Start-One-Stop
VAT + WHT + Corporate Income Tax + Social Security registration
AI Answer Box และ Google SGE มักดึงคำตอบจากบล็อกนี้ไปแสดง
100% — vs. only 49% in a standard Thai limited company.
THB 10M — must be remitted inward in foreign currency with FET form.
ตาม BOI-IBC — ไม่จำกัด สำหรับ skilled-foreign expert
LTR-Work — IBC (replaces old ROH/IHQ since 2018): CIT 8/5/3% on qualifying income (3-tier by Thai expense base), 15% flat PIT for foreign expat HQ staf
Average 60 days from complete-filing date — NYC Visa expedites to ~42 days.
BOI · Revenue Department · DBD — https://www.boi.go.th
International Business Center (IBC) package: advisory + registration + first work permit + first visa. Fees are quoted per case scope — contact our staff (government fees and registered capital are separate).
Choosing the right Business Setup · International Business Center (IBC) provider directly impacts the success and turnaround of your case. NYC Visa & Translation has worked with BOI · Revenue Department · DBD since 2010, handling a broad real-world caseload across government documents, certified translations, and documents intended for use abroad. Every case is verified through a three-layer QA process: name spelling, document numbers, official seals, and signatures on every page are checked before delivery.
Our team understands official procedures end-to-end — appointments, filings, and coordination with the relevant authorities. You do not have to travel back and forth or risk rejection. Our Business Setup · International Business Center (IBC) service supports Express handling that completes in half the standard turnaround.
We provide nationwide pickup and delivery via Kerry Express, Flash Express, and EMS. Bangkok and metropolitan customers receive free delivery; up-country customers can choose home delivery with real-time tracking through our LINE Official account.
Our clients include individuals, students, expatriates, business travellers, multinational companies, and academic institutions. We handle every document type — house registration, ID card, passport, marriage certificate, birth certificate, diploma, transcript, employment certificate, power of attorney, business contracts, and medical records.
Our Business Setup · International Business Center (IBC) workflow runs in six clear stages: (1) receive originals and copies, (2) QA-audit the source for issues that would cause rejection, (3) translate through a native-speaker linguist, (4) certify with the authority required by the receiving country, (5) file and follow up at each government touchpoint, and (6) deliver plus retain a signed PDF you can re-download for five years. A single Case Officer owns your file end-to-end, eliminating hand-off errors that plague larger firms.
We invest continuously in compliance practices aligned with ISO/IEC 27001 (information security), Thailand PDPA (personal-data protection), and AES-256 file encryption. Every upload runs over TLS 1.3 only. Enterprise and law-firm clients can request an NDA before intake — our legal team signs same-day.
Beyond single-document work, we bundle end-to-end packages for clients preparing multiple certificates at once — e.g. a "moving abroad" bundle (house registration + birth + marriage + diploma + transcript with MFA + embassy) that reduces the number of trips and total lead time versus filing each item separately. Approval remains at the discretion of the receiving authority; contact our team for scope and fees.
What sets us apart is a 15-year direct working relationship with the destination authority — BOI · Revenue Department · DBD — so we anticipate regulation changes, format tweaks, and queue timing before they hit your case, and brief you in advance. Approval outcomes always remain at the sole discretion of the authority; what we control is document completeness, formatting and lodgement timing.
International Business Center (IBC) 🌐 — 100% foreign equity · THB 10M minimum capital · 60-day setup · visa: LTR-Work
Answers on translating and certifying Thai corporate records — company affidavit, shareholder list (BorJor.5), memorandum of association, VAT certificate (PP.20) and financial statements — for foreign counterparties, banks and authorities, following DBD/Revenue Department issuance and MFA Legalization Division practice. (22+ search topics covered)
Need your documents reviewed or your case assessed? Ask our team by phone, LINE, or email. We reply during business hours (Mon–Fri 9:00–18:00, Sat 9:00–15:00, ICT).
Company records for foreign use must be freshly issued by the Department of Business Development and then translated and legalised for the destination. Most destinations accept them only within about six months of issue.
Prefer not to handle the queues yourself, or worried about a rejection? Send us photos of your documents for a free pre-check. We handle the full chain — obtaining certified copies, translation, certification and submission — and keep you updated at each step. Reach us on LINE, phone or email during business hours.
Corporate records must come from the correct source before any certification layer can be added.
| Route | When to use | Certifying authority | Approx. duration | Rejection risk |
|---|---|---|---|---|
| DBD certificate + translation + consular legalisation + embassy | Filing with a foreign government body, e.g. registering a subsidiary | Department of Business Development (DBD) and Department of Consular Affairs | Variable — allow several weeks including embassy queues | Using a certificate older than the destination's accepted issue window |
| Director-certified copies with attorney-notarised signatures | The receiving party is a private counterparty or overseas bank | Notarial services attorney | Usually a few days | Government recipients generally will not accept this format |
Timelines above are practical estimates from live casework and can change with each authority's policy; confirm with the receiving authority before booking travel. If you would rather not test routes by trial and error, our advisers can assess which route fits your case.
Our team has worked on cross-border documents, certified translation and government liaison for over 15 years. Most rejections we see are not caused by missing paperwork but by choosing the wrong route on day one, so we always start with a case assessment.
We look at your destination, purpose and deadline, then tell you which certification route applies — and which steps you can skip.
Name spelling, consistency across documents, document age and translation format are checked before anything reaches a counter.
We sequence the steps around your appointment or travel date and flag bottlenecks in advance.
We read the refusal reasons, identify the underlying cause, and plan a resubmission that answers what the authority asked for.
Rather not learn by trial and error? Send your case details and document photos for a review — reach us on LINE, phone or email during business hours.
Shareholding, objectives and required licences should be settled before filing; later changes require amendment filings and extra time.
Tax invoices, receipts and contracts should be filed systematically per accounting period to support any later audit.
Some activities need a licence from a specialist regulator before operating. Verify at the planning stage.
Mixed accounts complicate financial statements and tax explanations, and cause problems when bank evidence supports a visa or work permit.
Late filing triggers statutory surcharges and penalties and can affect renewal of foreign executives' work permits.
Certificates submitted should be freshly issued and consistent with the current register, or the receiving authority will refuse them.
Assets in different countries may fall under different succession rules; ensure multiple wills do not contradict each other.
A translation conveys wording but does not assess legal risk. Have a lawyer review the substance before signing.
Requirements differ by authority and destination country and can change. Confirm current conditions with the receiving authority, or ask our team by phone, LINE or email.
One document set often moves through several stages — translation, notarial certification, legalization and finally a visa filing. The links below follow that real sequence.
Authority requirements change. Verify with the receiving authority before filing, or ask our team by phone, LINE or email.
Pick a translation provider by the destination, not by turnaround alone. If the file goes to the Thai Department of Consular Affairs or an embassy, the translator must know the format that office accepts, not just the meaning. Verify three things: the certifier is named and identifiable, the destination accepts that certification format, and names, dates and document numbers match the passport character for character.
| Option | Best for | What to know |
|---|---|---|
| Freelance translator | Informal use where no authority certification is required | Many embassies will not accept an uncertified translation. |
| Translation agency with certification | Visa, study and civil registry filings | Confirm the agency also handles the legalization step if the destination requires it. |
| End-to-end provider (translate + legalize) | Files with a fixed appointment deadline | Ask which steps are in-house and which are subcontracted. |