Tag: partnership in thailand
How to Start a Business in Thailand
Starting a business in Thailand as a foreigner isn’t as simple as it sounds. The rules are strict regarding foreign ownership, and the risks are often unclear. If you’re a foreigner planning to start a business in Thailand, one mistake during the registration and startup process can set you back for months or shut your […]
Registering a Trademark in Thailand, Part 2
The previous article discussed Section 6 of the Trademark Act of of B.E. 2534 (1991), as amended until B.E. 2543 (2000), which listed the criteria for determining whether a trademark was registrable. In short, Thai law allows for a trademark to be registered if it is distinctive, not prohibited by law, and not the same […]
Registering Trademarks in Thailand
The trademark is an important legal concept in the world of business and commerce. Trademarks allow companies to distinguish their goods and services from competitors and thereby enhance the goodwill of the public towards their particular brand. Accordingly, trademark law seeks to protect both consumers, by allowing them to identify the origin of products sold […]
Abandonment of Business in Thailand (Article 1273/1)
If the company fails to submit the financial statement three years in a row, there is a possibility that the officer might consider the company as abandoned and struck the company’s name off the record. The step of striking the company’s name off the record is seen in article 1273/1 as read: “Where the registrar […]
Is it Possible for Foreigners to Register a Partnership in Thailand?
While incorporating a partnership for Thai nationals is considered very simple with less restriction, partnership for Foreigners are restricted by, again, Foreign Business Act. There are two types of Partnership in Thailand, ordinary partnership and limited partnership. In general, according to Thailand Civil and Commercial Code, a partnership is “A contract whereby two or more […]
