THAILAND – Share Certificate and Share Register Book

According to the Thai Civil and Commercial Code, all shareholders of a limited company must be given a share certificate for theirs shares held in the company and the company is required to keep a share register book at the company’s head office.

Every share certificate shall be signed by an authorized company Director and stamped with the company seal (if any). The certificate must contain the following information:

1. The full name of the company
2. The number of the shares to which it applies
3. The amount in Thai Baht for each share
4. In case the capital is not fully paid-up, the amount paid per each share
5. The full name of the shareholder or a statement that the certificate is to bearer

As for the share register book, it must contain the following information:

1. The full name, address and occupation of the shareholders
2. The number, the amount in Thai Baht and the paid amount in Thai Baht per each share held by the shareholders
3. The date at which each person (individual or juristic) was registered as shareholder
4. The date at which each person (individual or juristic) ceased to be a shareholder
5. The number and issue date of certificate issued to bearer, and the shares number registered in such certificate
6. The cancellation date of name certificate and bearer certificate (if any)

The penalty for not issuing share certificate and not keeping an updated share register book is a fine of not more than THB 10,000 and THB 20,000 respectively.

ORBIS can assist you to issue share certificates and share register book. Should you be interested in our services, please feel free to contact us at contact@orbis-alliance.com.