How to Change Company Director in Thailand?
The leadership structure of companies can evolve as they grow and scale their operations. The addition or removal of a director may become essential during this process. There can be various other reasons that may seek this change. There is a specific procedure to change or remove a company director in Thailand. This article provides […]
Mergers and Acquisitions in Thailand for Foreigners
Mergers and Acquisitions in Thailand for Foreigners can be a great way to expand existing business to the Thai market. Using this option, foreign investors gain the possibility to acquire shares of Thai companies and work collaboratively toward a common goal mutually decided. The process is very open for Thai investors but holds some challenges […]
Public Limited Companies in Thailand: 2022 Amendments
The Public Limited Companies Act (No. 4) B.E. 2565 (2022) was approved by the Government and published in the Government Gazette on May 23, 2022 in Thailand. The new law modifies the previous version of the Public Limited Businesses Act. It does so by allowing electronic Board of Directors (BOD) and shareholder meetings. Additionally, it […]
Foreign Business in Thailand: Official Update
Thailand is one of the best avenues to attract Foreign Direct Investment from all across the world. The Royal Thai Government always poses a welcoming attitude to foreign businesses in Thailand. To serve foreign business persons and units with business opportunities and growth, amending laws and regulations becomes necessary sometimes. This article intends to discuss […]
Tax Audit and Compliance for Foreign Business in Thailand
Albert Einstein once stated that the hardest thing to understand in this world is Income Tax. If the genius can have a problem in understanding taxation, you and I can be very prone to misinterpretation. This article will guide you to understand the tax audit and compliance for a foreign business in Thailand. Overview The […]
How can a Notary Service Provider in Thailand help you?
In most countries, a Notary Public is a state-licensed public official who can certify legal documents, affidavits, signatures, or a statement made under oath. Notary services are crucial because they help establish a guarantee of the document’s authenticity. In Thailand, however, there is no Notary Public. Instead, the Lawyers Council of Thailand creates the Notarial Services […]
Do you know about the Act governing Foreign Business in Thailand?
A large number of foreigners are investing or considering an investment in Thailand’s various sectors. The Foreign Business Act (FBA) is the most essential legislation in this regard since it specifies the types of activities that foreigners are eligible for, as well as the limits that apply to them when doing business in Thailand. As […]
Your Business in Thailand can benefit from New Meeting Laws
Physical meetings are infeasible due to government lockdowns and legislation restricting gatherings. This is to reduce the risk of further spreading the disease, the COVID-19 pandemic. It has resulted in a huge increase in the popularity of electronic meetings among businesses all over the world. The new electronic meeting law announced by Thailand Government can […]
How to Change Shareholder of Your Thai Company?
In Case You Want to Change the Shareholder of Your Thai Company, You Must Know These! a) The procedure is covered under the Thai Civil and Commercial Code Part II. b) The shares (not divisible) in the company must be valued at not lesser than five Baht per share. c) The company’s directors should notify […]
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