Practical guides and regulatory updates on Thai business law for foreign companies: foreign ownership rules, nominee risks, labour law, data protection and compliance, written by our in-house team for foreign investors and employers in Thailand.
The BOI has replaced its six-monthly progress report with a mandatory quarterly report for all promoted companies whose project has not yet received approval to start operations. Reports are filed through the BOI’s e-Monitoring system within 30 days of the…
A Certificate of Origin (C/O) is the document a company exporting goods from Thailand needs to prove where its goods come from, and in particular to claim reduced or zero import duties in the destination country under a trade agreement.…
Employing staff in Thailand is straightforward, but not without rules. The Labour Protection Act B.E. 2541 (1998) is the core law governing employees’ rights and employers’ obligations. It applies to all companies operating in Thailand, including those owned by foreigners,…
The Personal Data Protection Act (PDPA) B.E. 2562 has been fully in force since 1 June 2022. After two years of guidance, the regulator moved to active enforcement. The first administrative fine, 7 million baht, was imposed in August 2024.…
For years, the nominee structure was presented as a “practical” way around Thailand’s Foreign Business Act. A foreigner who wanted to control a company without the constraints of the Act placed 51% of the shares with Thai nationals on paper,…
The Foreign Business Act (FBA) B.E. 2542 (1999) is the Thai law that sets out what foreigners can and cannot do in business in Thailand. Its core structure has remained largely unchanged for more than twenty-five years, but it is…