How the Private Trust Bill functions in terms of foreign private wealth for establishing a trust in Thailand?
Trust arrangements used to be totally prohibited in Thailand, but were opened for the capital market investment and fundraising in 2007
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Thailand International Business Center Promotion
Thailand International Business Center Promotion: What are the allowed activities and what conditions must be fulfilled?
On 10 October 2018, the Thai Cabinet announced a new investment promotion category, called the International Business Center (IBC), which was published in…
Cannabis is Now Legal in Thailand for Medical Use and Research
Cannabis is now legal in Thailand for medical use and research. What do investors need to know about it?
The latest amendment to the Narcotics Act, effective as of 18 February 2019, allows only the distribution and possession of…
Extra Severance Pay and More Benefits for Employees in Thailand in early 2019
Changes to Thailand’s Labor Protection Act – What do you need to know?
On 13 December 2018, the draft amendment to the Labor Protection Act (LPA) was approved by the National Legislative Assembly and is expected to come into force…
Directors’ Duties and Liabilities
Directors’ duties and liabilities: fundamental requirements to keep a director safe from legal exposures
The directors of a private limited company are considered the lawful representatives of the company and they act for and on behalf of the company. In performing…