Educational Information Only
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BO Disclosure Section 2 — Reporting and update
DBD Beneficial Ownership Disclosure Notification (ประกาศกรมพัฒนาธุรกิจการค้า เรื่องการแจ้งข้อมูลบุคคลผู้รับประโยชน์ที่แท้จริง) — Section 2.
Plain-English Summary
Entities must file BO information at registration and update on changes within prescribed timelines.
Official Text
Official Thai text at the Royal Gazette / Office of the Council of State. Translation summary only.
Consult official sourceParent Statute
DBD Beneficial Ownership Disclosure Notification
ประกาศกรมพัฒนาธุรกิจการค้า เรื่องการแจ้งข้อมูลบุคคลผู้รับประโยชน์ที่แท้จริง · B.E. 2566 (2023)
The DBD Beneficial Ownership Disclosure framework requires Thai juristic persons to identify, document, and (in many cases) report natural-person beneficial owners. Implementation aligns Thailand with FATF Recommendation 24 and the OECD Global Forum standards. Beneficial ownership is defined as a natural person who ultimately owns or controls the entity (25%+ threshold or control test).
The summary above is a plain-English educational paraphrase of Section 2 of the DBD Beneficial Ownership Disclosure Notification. It is not an authoritative translation. For the binding Thai text, consult the Royal Gazette or the Office of the Council of State. Educational use only — not a substitute for advice from a Thai-qualified lawyer.
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