Jurisdictions Hub ❯ Thailand Thailand Verification & Risk Requirements

Understand what information, documents and official sources are used to verify companies in Thailand. This page outlines key verification considerations, risk factors and KYB requirements relevant to due diligence and compliance processes.

Overview Thailand KYB Jurisdiction Overview

Thailand has an established legal and regulatory framework for company registration. Corporate entities are registered through government-administered systems, with official business information maintained by the Ministry of Commerce.

While core registration data is available through official sources, ownership and control information is not fully centralised nor consistently disclosed. As a result, verifying Ultimate Beneficial Ownership (UBO) and assessing ongoing risk may require additional documentation and supplementary screening.

This jurisdiction profile summarises the key factual elements relevant to verifying companies in Thailand.

Challenges When Verifying Companies In Thailand

Verifying companies in Thailand is supported by formal registration systems, but a number of practical challenges may arise when assessing ownership, control, and ongoing risk.

Limited Beneficial Ownership Disclosure

Thailand does not operate a fully public, centralised register of beneficial ownership. Information on Ultimate Beneficial Ownership (UBO) is not consistently available through public registry records and may require additional documentation.

Shareholding and Control Structures

Companies may have multiple shareholders, corporate shareholders, or foreign participation. In some cases, layered ownership or nominee arrangements can complicate ownership and control assessments.

Timeliness of Changes and Monitoring

Updates to company information, such as directors or the registered address, may not be reflected immediately across all official sources, requiring ongoing monitoring.

Language and Interpretation of Filings

Official corporate filings are primarily maintained in Thai. Accurate interpretation and translation may be required to assess registry information accurately.

Connected Entities and Group Relationships

Companies may be part of wider corporate groups, including cross-border structures, which can require additional analysis to clarify relationships and ownership links.

Risk Signals Beyond the Registry

Certain risk indicators, such as regulatory actions or adverse media, may not be captured in standard registry records and may require supplementary screening sources.

Requirements For Thailand KYB

Essential Identifiers for Companies in Thailand

Thailand uses a defined set of identifiers to match companies to the official registry and government records.

Company Registration Number

Issued by the Department of Business Development (DBD), the company registration number uniquely identifies each registered entity and serves as the primary reference for registry searches and filings.

Registered Company Name

The entity’s legal name as recorded in the registry. Company names are registered in Thai; English names may be used for international operations, but verification must match the official registered name.

Legal Entity Type and Registration Status

Thailand recognises multiple entity types, including private limited companies, public limited companies, and branches. Confirming the correct entity type and current registration status is essential for accurate KYB.

Registered Address

Each company must maintain a registered address in Thailand, which forms part of the official registry record.

Directors and Authorised Signatories

Registry records include details of individuals authorised to represent and manage the company, supporting governance and authority checks.

Common Public Documents Available in Thailand

The availability of corporate documents in Thailand depends on entity type and regulatory scope.

Company Affidavit / Business Profile

A registry extract containing the company’s registration number, legal name, status, registered address, directors, and authorised signatories.

Certificate of Incorporation

Issued upon registration, confirming the legal existence of the company.

Memorandum of Association (MOA)

Outlines the company’s objectives, registered capital, and initial shareholders.

Shareholder Information

Limited shareholder details may be available through registry filings, subject to disclosure rules.

Historical Filing Records

Registry records may include historical changes to directors, registered address, share capital, or company status.

Official Sources of Corporate Information

Corporate information in Thailand is published and maintained by national authorities and relevant regulators.

Department of Business Development (DBD)

The primary corporate registry is responsible for company registration records, filings, and official extracts.

Ministry of Commerce

Oversees the business registration framework and maintains supporting commercial records.

Sector Regulators

Certain industries (e.g. financial services or insurance) are overseen by additional regulatory authorities, which may publish supplementary licensing or supervisory information.

Judicial and Enforcement Databases

Separate public systems provide access to court records and enforcement actions, supporting broader risk assessment and due diligence checks.

Resources Compliance insights, explained

Guides, updates and analysis to support KYB and risk decisions.

Featured

How to Verify a Thailand Company: A Step-by-Step Guide

15 May 2025

Solutions How AsiaVerify Supports KYB in Thailand

Thailand’s corporate registry framework provides access to official company information, but effective KYB requires careful interpretation of registry records, local-language filings, ownership disclosures, and ongoing changes.

Thailand Instant official data

Real-time Registry Connection

AsiaVerify connects to authoritative sources to retrieve key company information and filing updates, helping teams validate entities using current, source-backed data.

Directors & Shareholders Data

Access structured data on key people and ownership where available, supporting clearer review of decision-critical relationships and changes over time.

Auto Docs & AI Translation Fast retrieval, no manual work

Automated Document Retrieval

Retrieve supporting documents and filing records from official
sources, when available, to reduce back-and-forth and speed up evidence collection.

AI-assisted Translation & Normalisation

AsiaVerify uses AI to structure, normalise, and translate registry
data where required, aligning disparate inputs into a consistent, review-ready format for reliable KYB decisions..

UBO Mapping & AML Checks See owners and screen risk

UBO Mapping & Ownership Analysis

AsiaVerify reconstructs ownership layers using disclosed shareholder information and historical filings, helping teams identify controlling individuals and entities even in complex, multi-tier structures.

AML & Sanctions Screening

Entities, shareholders and legal representatives are screened against sanctions, enforcement lists and adverse media to support AML and CTF obligations across APAC.

API Access & Live Monitoring Scale KYB and track changes

API, Portal and Bulk Access

Teams can integrate real-time verification through API, run checks on-demand in the portal, or process high volumes via bulk upload — ensuring KYB workflows match operational needs.

Ongoing Monitoring & Alerts

AsiaVerify continuously monitors changes to business status, registered details, shareholders, scope, and penalties, alerting teams when regulatory or structural changes occur.