Author Archive: Siam Legal International

Siam Legal is an international law firm with experienced lawyers, attorneys, and solicitors both in Thailand law and international law. This Thailand law firm offers comprehensive legal services in Thailand to both local and foreign clients for Litigation such as civil & criminal cases, labor disputes, commercial cases, divorce, adoption, extradition, fraud, and drug cases. Other legal expertise of the law firm varied in cases involving corporate law such as company registration & Thailand BOI, family law, property law, and private investigation.

Foreign Business: Wholesale and Retail Minimum Capital Requirements

The Foreign Business Act of 1999 restricts both wholesale and retail businesses from foreign investment, with exceptions depending on the amount of minimum capital. However, the conditions under which a foreign business may engage in either is not exactly the same and furthermore the issue is complicated by other minimum capital requirements in the Act. […]

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Developing a Luxury Hotel for Rent in Thailand

Thai law does not require condominium projects to be registered under the Condominium Act of 1979 and accordingly a popular type of development found in the tourist resort areas of Thailand is the unregistered condominium, which is usually marketed as luxury hotels. Typically, investors who purchase units in such projects do not do so for […]

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How to get Divorced in Thailand?

Under Thai law, a divorce can be affected by mutual consent or by the judgment of the Court. Divorces made by mutual consent must be in writing and certified by the signatures of at least two witnesses. The divorce statement must contain the terms of the divorce and file at the place where the marriage is registered. The couple must bring the signed divorce agreement, original marriage certificate, and government identification documents to the Amphur when filing the divorce.

If the divorce is through the court system, there must be grounds for the divorce action. The parties can file a petition for divorce and the petition must allege one of the grounds for divorce stated in Grounds for Divorce Section 1516 of the Thai Civil and Commercial Code.

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Introduction to the Technology Transfer Plan

Foreign investors in Thailand, who will be investing a majority of the capital in a business venture, have the option of applying for a Foreign Business License if the intended business is restricted under the Foreign Business Act of 1999. However, in order for the application to be approved, an important requirement is that the […]

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Thailand Relaxes Foreign Trading and Exchange Regulations

The unprecedented and alarming imbalance between the Thai baht and foreign currencies forced the Ministry of Finance and the Bank of Thailand to ease the rules on capital outflows. This was to reduce the pressure on the Thai baht and the adaptive regulations were to become effective in November last year. The easing of the […]

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Thailand Promotes Major Infrastructure Projects for 2021

In a recent foreign press conference, Deputy Secretary-General Kobsak Pootrakool and Secretary of Thailand’s Council of Economic Ministers said that the kingdom’s economic growth in the next five years would be based on and derived from its present and substantial infrastructure investment. He pointed to present global economic recurring downtrends and geopolitical and commercial unrests […]

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Foreign Business Law of Thailand FAQ

The foreign business law of Thailand is quite in-depth, so it is essential to review a more detailed series of questions, especially some often overlooked points, for the benefit of foreign investors interested in doing business in Thailand. 1. When can a foreign company operate business after receiving permission in the form of a Foreign […]

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Setting Up Company Partnerships under Thai Law

The Civil and Commercial Code of Thailand assists with the formation of partnerships similar to those found in the laws of other countries. However, partnerships are normally not formed by foreign investors due to particular difficulties that arise due to the Foreign Business Act of 1999. Generally speaking, the formation of a limited company is […]

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Abortion in Thailand: A New Law Coming into Effect

The Law at Present Article 301 of the current Criminal Code outlaws all abortions except when the pregnancy endangers the woman’s physical or mental health, she is less than 15 years old or a victim of rape, or when the unborn child is proven to possess serious deformities or disabilities. It imposes maximum imprisonment of […]

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Mergers and Acquisitions: Corporate Income Tax Implications

Under the Revenue Code of Thailand, what are the corporate income tax and other tax implications arising after a merger and acquisition? The basic principle under Thai law is that after a merger, the amalgamated company inherits the rights and liabilities of the former companies.1 This principle is particularly relevant in terms of tax liability. […]

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