Thailand Law Blog
Thailand’s Cannabis Regulation in 2022
“Cannabis” is recognized by many health professionals and locals in Thailand as a medicinal plant with a high potential for therapeutic use and has a long history in the practice of Thai traditional medicine. However, the enactment of the Narcotics Act in 1979 classified cannabis as a type of narcotic plant, and hence, its usage […]
How to Apply for Board of Investment in Thailand
The Kingdom of Thailand, the 2nd largest economy in South East Asia, standing at the heart of the ASEAN economic community. Also known as the “Gateway of Asia” due to its strategic location having millions of consumers, having excellent connections from other fast-growing countries, which is the reason it attracts investors all over the world. […]
The Thailand Civil Partnership Bill
The Second in Southeast Asia In July last year, the Thai Cabinet approved the Civil Partnership Bill, which was proposed by the Ministry of Justice to allow same-sex couples to register their partnership. The bill has been submitted to the House of Representatives Coordination Committee for consideration and approval before it will be forwarded to […]
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. […]
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 […]
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.
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 […]
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 […]
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 […]
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 […]
