Business and Commercial Law in Phuket

Business and Commercial Law in Phuket: We not only share a Thai law article but also update it when laws, rules, and regulations change.

Buying a Hotel in Thailand

Thailand is one of the world’s leading travel destinations, well-known for its variety of cultural uniqueness. The tourism industry is a vital sector of Thailand's economy, and the Thai government has implemented various strategies and initiatives to manage and promote tourism effectively. So, buying a hotel or a resort in Thailand is one of the [...]

By Golawphuket|2024-04-02T21:57:10+07:00March 7, 2024|BUSINESS LAW|

Non-Profit Organization In Thai Law

There are 2 types of Non-Profit organizations to be considered when establishing of non-profit organization in Thailand. The foundations or associations. In some countries, the association is well known as a federation. Here is guidance that provides you with information on basic legal including its form and nature, governing law, and tax matters. Form and [...]

By Golawphuket|2024-04-02T21:48:36+07:00March 1, 2024|CORPORATE LAW, LAW NEWS|

Automatic Exchange of Information (AEOI) 2023

International Exchange of Financial and Tax Information 2023 In 2022, we posted the article “Automatic Exchange of Information (AEOI) 2022” which has been effective from January 1, 2022, since then Thai financial institutions have been required to collect and share financial accounts and tax information with the Thai Revenue Department to comply with the automatic [...]

By Golawphuket|2024-04-05T14:10:56+07:00September 3, 2023|BUSINESS LAW, E-COMMERCE LAW, LAW NEWS|

Crypto Regulations in Phuket (2023)

Nowadays, cryptocurrency has become a popular payment method. Also, this has become a frequently asked question at our law firm, especially when foreign investors want to buy real estate in Phuket. This article gives you the answer to the question of cryptographic regulations in Phuket. Definition Cryptocurrency is a digital or virtual currency that uses [...]

By Golawphuket|2023-06-06T16:54:18+07:00April 28, 2023|BUSINESS LAW, LAW NEWS|

Thai Company Law Amendment 2023

This article gives you 12 key points of the last amendment to Thailand’s Civil and Commercial Code No. 23 (CCC)1 which came into force on February 7, 2023. It is very helpful for both business startups and business expansion through a Thai limited company. Why is it helpful? Let's go over the new company [...]

By Golawphuket|2023-06-06T15:44:31+07:00January 8, 2023|CORPORATE LAW, LAW NEWS|

Advantages of BOI Promotion

This article gives you basic information about the advantages of the BOI (Thailand Board of Investment) promotion, which offers foreign investors incentives to start or expand their businesses in Thailand. The incentives are based on Chapter 3, ‘Rights and Benefits," of the Investment Promotion Act, where there are two main types of incentives: tax-based and [...]

By Golawphuket|2023-05-09T16:19:35+07:00June 15, 2022|BUSINESS LAW|

2022 Cannabis Law Put The Commercial Value Up

In Thailand, cannabis is called ‘Ganja’," and hemp is called 'Ganchong'. On June 9, 2022, Thai law raises the possibilities for commerce with cannabis and hemp, which are gaining more commercial value. Ganja Law History in Brief In Thailand, the first law that set forth the rules about cannabis was the Ganja Act B.E. [...]

By Golawphuket|2023-06-06T15:46:30+07:00June 8, 2022|BUSINESS LAW, LAW NEWS|

9 Rules of Thai Company Director

Last updated [CCC. No. 23 effective on 07th February 2023]. Under Thai law, a company is a business association that is formed by two people or more. It has the character of a legal person, distinct from its shareholders. The management is carried out by an authorized director for the benefit of shareholders and under [...]

By Golawphuket|2023-06-06T20:50:43+07:00June 1, 2022|BUSINESS LAW, CORPORATE LAW|

Contract Remedies | Thai Law

Where there is a breach of contract, the non-breaching party or the injured party will often seek remedies, whether under the contract or the law. This article gives you a brief overview of contract remedies under the Civil and Commercial Code of Thailand. Definition In Thai law, contract remedies can be generally defined as [...]

By Golawphuket|2023-06-06T15:48:12+07:00May 25, 2022|BUSINESS LAW, CONTRACT LAW|

Contract of Sale in Phuket

The ‘Contract of Sale’ or "Sale and Purchase Contract". Under Thai law, this contract only relates to the transfer to another person of the ownership of property1. It differs from the "sale of goods" in other countries, which can be related to a wide variety of transactions, including buying something tangible in a shop or [...]

By Golawphuket|2023-05-09T17:14:52+07:00May 18, 2022|BUSINESS LAW, CONTRACT LAW|

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