Business and Commercial Law in Phuket

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 [...]

By Golawphuket|2023-05-17T21:46:34+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|2023-05-20T19:29:28+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|2023-05-17T14:30:06+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 or more natural people called 'promoters'. A company has the character of a legal person, distinct from its shareholders. The management and administrative affairs are carried out by an authorised [...]

By Golawphuket|2023-05-13T22:03:06+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|2023-05-13T22:02:01+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|

e-Commerce Legal Basic in Phuket

Businesses and commerce are rapidly transforming into social networking on the internet. E-commerce becomes increasingly globalised. There are a variety of elements to take into account when transforming, such as SEO, analytics, payment processing, website design, social marketing, and customer management, for instance. Importantly, a number of laws are in effect for e-commerce. Therefore, e-commerce [...]

By Golawphuket|2023-05-09T17:20:04+07:00May 7, 2022|BUSINESS LAW, E-COMMERCE LAW|

Arbitration in Thailand

This article introduces you to basic information about Thailand arbitration, which includes an overview, jurisdiction, governing law, languages and documents, and arbitration representative. This dispute resolution is often used to resolve commercial disputes, particularly those involving international commercial transactions, because business disputes not only need a legal expert to deliver a judgement or decision [...]

By Golawphuket|2023-05-31T21:43:20+07:00April 13, 2022|BUSINESS LAW, INTERNATIONAL TRADE LAW, LITIGATOIN LAW|

BOI Promotion On Tourism Industry

Phuket is a magnet for tourism. With many attractions, the tourism industry in Phuket is always hot, and BOI's (Thailand's Board of Investment) promotion of tourism businesses is always mutually beneficial to investments. This article provides additional information to BOI's website and contains all types of tour businesses that are Phuket-based (Thailand-based) and are [...]

By Golawphuket|2023-05-13T04:39:45+07:00April 13, 2022|BUSINESS LAW, INTERNATIONAL TRADE LAW|