What documents and precautions apply to a joint-venture agreement for opening an overseas bank account?
Short answer: A cross-border power of attorney should state the scope, validity period and the exact transactions covered, and be accompanied by a company affidavit showing the signatory can bind the company.
Short answer: A cross-border power of attorney should state the scope, validity period and the exact transactions covered, and be accompanied by a company affidavit showing the signatory can bind the company. Overseas banks and company registries routinely reject documents missing that proof of signing authority. We collect documents nationwide by post and return them by DHL/FedEx overseas, so no trip to Bangkok is needed.
Quick facts
- Authority: Department of Business Development, Ministry of Commerce, and the Department of Consular Affairs, MFA
- Where: Department of Business Development, Ministry of Commerce · Legalisation Division, Department of Consular Affairs, Chaeng Watthana Road
- Timing to allow: Translation and certification 1–3 business days · MFA legalisation 3–5 business days (express 1–2) · multi-document corporate sets 5–10 business days
- Scope of service: We handle corporate document work — translating company affidavits, DBD filings, financial statements and powers of attorney, plus notarial certification, MFA legalisation and embassy attestation. We do not provide transactional legal opinions or audit services.
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