Power of Attorney in Thailand
A Power of Attorney in Thailand is a legal document granting one person (the principal) authority to allow another (the agent) to act on their behalf in legal, financial, or personal matters. This arrangement is commonly used in real estate, corporate transactions, visa processes, and estate administration. Thai law governs POAs under the Civil and Commercial Code and mandates specific requirements for validity, particularly regarding document structure and notarization. 1. Types of Power of Attorney in Thailand a) General Power of Attorney (GPA) A General POA grants broad authority to an agent to perform various legal actions on behalf of the principal. This type of POA is often used in situations requiring regular and broad representation, such as managing assets or bank accounts over an extended period. b) Specific Power…