Articles

Actual Damages Concept in Thai Law This post discusses a fundamental concept in Thai law: “actual damages.” Understanding this principle is essential for businesses and consumers in legal proceedings. While Thai law, as a civil law system, differs in many respects from common law systems (like those in the United

Thai-U.S. Treaty of Amity: Benefits for American Investors in Thailand For over six decades, the Treaty of Amity and Economic Relations between Thailand and the United States has provided distinct advantages to American individuals and entities seeking foreign direct investment (FDI) in Thailand. This treaty offers significant privileges, making it

Notary Services in Thailand: A Resource for Enterprises and Individuals In case where the documents are issued in one country and need to be used in another country, it is common that such documents is required to be certified by the notary public. While this concept may be familiar to

Corporate Secretarial Services in Thailand: A Practical Guide There are countless regulations that the business operator needs to follow in Thailand. Adhering to these regulations requires the use of corporate administrative services, which help businesses maintain compliance and order. This article discusses corporate secretarial services in Thailand, their necessity, and

The Process of Filing a Lawsuit Against an Juristic Person/Individual in Thailand for Default of Payment Introductory Statement: Business transactions in Thailand are regulated by the Civil and Commercial Code (CCC). One of the most critical components of these agreements is the assurance that payments will be made in accordance

Legal Due Diligence: A Must for Successful Foreign Direct Investment in Thailand Thailand’s strategic location in Southeast Asia and its economy that is continually rising have made it a more and more appealing place for Foreign Direct Investment (FDI). But to get around the Thai legal and regulatory system, which

A Deep Dive into Thai Labour Law: What Employers Should Know to Stay Out of Trouble Thailand’s economy is continually changing, which is why it’s a wonderful site for foreign businesspeople and investors to do business in Southeast Asia. However, companies who want to create a compliant, peaceful and long-lasting

Non-Compete Agreements: Protecting Your Business Interests in Thailand In the dynamic world of business, non-compete agreements are crucial tools for safeguarding proprietary information and preventing conflicts of interest. In Thailand, like elsewhere, these agreements require careful consideration to ensure enforceability and fairness. Several scenarios necessitate non-compete clauses: Business Acquisitions: Buyers understandably

Hiring in Thailand: A Practical Guide to Labor Laws Executive Summary Thailand is an interesting country for investment, with an economy that is growing and a strategic location in Southeast Asia. However, to successfully hire foreign workers in the Country, it’s important to have a good understanding of the comprehensive

Executive Summary Investing in real estate in Thailand presents unique opportunities, yet it is characterized by a complex legal framework, particularly for foreign nationals. A fundamental principle of Thai law prohibits direct land ownership by foreigners. However, various legal avenues exist to acquire property rights or control, with condominium freehold

Setting Up a Business Setting Up a Business in Thailand for a Foreign Investor,Thailand is still one of the best places for foreign investors who want to expand their business in Southeast Asia. This is because Thailand has a strategic location, competitive costs, and well-developed infrastructure. However, it is important

Operating a full-service hotel in Thailand involves a diverse range of activities, from accommodation and dining to excursions and transportation. While a general hotel license is essential, it doesn’t automatically cover every commercial activity your hotel undertakes. To avoid potential legal challenges and ensure smooth operations, it’s crucial to review

An employment termination letter is a critical document that plays a vital role in protecting employers from legal disputes and financial liabilities. Properly drafting and documenting the grounds for dismissal ensures clarity and legal compliance, especially in cases involving misconduct. Why Is an Employment Termination Letter Important? In open-ended employment

Maintaining accurate land records is crucial for property management, legal clarity, and future planning. If you haven’t performed a land remeasurement in the past 10 years, it’s highly advisable to consider scheduling one. Over time, land boundaries can shift due to natural processes or neighboring developments, which may lead to

Currently, Thailand has laws in the Act level of approximately 1,000 Acts and other countless numbers of lower-level laws such as Ministerial Regulation, Ministerial Announcement, Local Administration Announcement, etc. To operate a business, a restaurant owner may need up to 10 permits to run a business. Therefore, it is very

Currently, many companies may be preparing for the annual general meeting of shareholders, so we would like to provide some tips on how to hold the meeting as follows: The Company must hold an AGM to approve the financial statements within 4 months from the end of the fiscal year

As people become familiar with purchasing goods/services through the internet (especially when traveling are restricted due to the covid19), the number of conflict arising from online transactions has increased significantly. Therefore, the Court of Justice Committee aims to deal with these issues by setting up the Online Sale and Purchase

The Labor Protection Act (“LPA”) provides that when an employee breaches work rules or other lawful disciplinary measure set out by an employer; an employer may warn an employee by serving a warning letter to employee. The employer may terminate employment agreement without need to pay severance pay to the

It is very recommended to perform land due diligence before determining whether it is safe to purchase a plot of land. The due diligence checklist on the land is normally extensive as the land laws are complicated and frequently overlap with other laws such as laws relating to the town

Selling of products are common practice and can be seen almost everywhere. In order to ensure that the customers are fully aware details of the product before deciding to purchase it, the Office of Consumer Protection Board (“OCPB”) requires the product manufacturers and importers to provide product’s details in the

A joint venture is a common type of business operation in Thailand whereby a single operator does not need to have all know-how and tools to work on a project but can work with a partner(s) to have all necessary know-how and tools to complete the project. There are two

On 19 October 2016, the Wage Committee has adopted a resolution to adjust minimum wage of 69 provinces and maintain the rate of 8 provinces. This adjustment will be enforced on 1 January 2017 onward. Although there is not much announcement of this adjustment, it is crucial for the employer

Private companies are required to retain its document under many laws such as Revenue Code, Accounting Act, Civil and Commercial Code, etc. Failure to comply with some requirements may cause problematic to the company as there are criminal liabilities involved. We summarized hereunder basic requirements for document keeping that every