Opening an Account for Carbon Credit Exchange

Project participants or any person wishing to transfer carbon credits shall submit an application, together with the relevant documents and supporting evidence, to open an account in the carbon credit registry system, following the steps outlined below. The account opening process shall be conducted in accordance with the Regulation of the Board of Directors of the Thailand Greenhouse Gas Management Organization on the Rules for Registration of Purchases, Sales, and Transfers of Carbon Credits.

Procedures for opening an account in registry   
      Step 1: Project participants or persons wishing to open a carbon credit account shall submit an application letter, together with the relevant documents and supporting evidence, to TGO for opening an account in the carbon credit registry system. The details of the documents are as follows.    
          In the case of person
          1) Application Letter for Opening an Account for Person. 
          2) A copy of the ID card or passport.

          In the case of a juristic person
          1) Application Letter for Opening an Account for Juristics Person or Juristics Partnership
          2) Name, address and juristic person or juristics partnership certificate issued by the Department of Business Development, Ministry of Commerce for not more than 3 months. (For foreigner juristic person, The Foreigner Business License under the foreign businesses law is required.)
          3) Power of Attorney (System user).
          4) A copy of the ID card or passport of the authorized person.
          5) A copy of the ID card or passport of the attorney.
          6) Work certificate issued by the company 

         In the case of a government agency, government organization, state enterprise or state agency
          1) Application Letter for Opening an Account for Juristics Person or Juristics Partnership
          2) Name, address and a copy of an act or relevant evidences demonstrating the establishment of the agency.
          3) Power of Attorney (System user)
          4) A copy of the IDcard or passport of the authorized person.
          5) A copy of the ID card or passport of the attorney.       

Remarks: In case that a person, a juristic person or a government agency, a government organization, a state enterprise and a state agency wants to request an administrative officer of TGO to do the transaction in the registry system (T-VER Registry),a letter of intent shall be sent to TGO.

      Step 2: TGO shall consider the accuracy and completeness of the request and evidencesubmitted for account opening and notifying the users of the results within 15 working days.