Business and Commercial Law in Phuket

How Foreign Investors Can Obtain BOI Approval in Thailand

Obtaining BOI Approval in Thailand: A Strategic Guide for Foreign Investors Thailand remains one of Southeast Asia’s most attractive destinations for foreign direct investment. With a strong infrastructure, skilled workforce, and access to regional markets, the country offers significant opportunities for international businesses. One of the most powerful tools available to foreign investors is [...]

By Golawphuket|2026-01-16T10:20:12+07:00January 16, 2026|BUSINESS LAW|

BOI Promoted Industries Thailand

Investment Promotion Divisions This article gives you latest updated (November 2025) of Thailand’s investment promotion framework is structured into four strategic divisions, covering high-potential industries that support sustainable growth, technological advancement, and global competitiveness. Investment Promotion Division 1: BCG Industries (Bio–Circular–Green Economy) This division promotes industries that support sustainability, food security, biotechnology, and healthcare. [...]

By Golawphuket|2026-01-16T09:58:46+07:00December 16, 2025|BUSINESS LAW|

Digital Asset Exchange License in Thailand: Requirements, Fees & Compliance

Digital Asset Exchange License in Thailand: Requirements, Fees, and Key Considerations Since the Royal Decree on Digital Asset Businesses B.E. 2561 (2018) came into force, all digital asset business operators in Thailand, particularly Digital Asset Exchanges, are required to obtain an operating license from the Ministry of Finance upon the recommendation of the Securities and [...]

By Golawphuket|2026-01-16T23:01:41+07:00June 12, 2024|BUSINESS LAW|

Ownership Structures for Foreign Investors in Thailand | BOI, FBL & More

Ownership Structures for Foreign Investors in Thailand | BOI, FBL & More Thailand remains one of Southeast Asia’s most attractive destinations for foreign investment, particularly in real estate, hospitality, manufacturing, and services. However, foreign investors cannot freely own businesses or land in Thailand without proper legal structuring. Choosing the correct ownership structure is one [...]

By Golawphuket|2026-01-17T11:51:55+07:00March 7, 2024|BUSINESS LAW|

Non-Profit Organizations in Thailand: Foundations, Associations & Tax Rules

Non-Profit Organizations in Thailand: Legal Forms, Governance, and Tax Rules Thailand recognizes non-profit organizations (NPOs) as juristic persons governed by specific legal and tax frameworks. Whether established for charity, education, religion, sports, or social development, non-profit entities in Thailand must comply with clearly defined laws and regulatory requirements. Under Thai law, there are two primary [...]

By Golawphuket|2026-01-17T11:15:35+07:00March 1, 2024|All insights & Updates, CORPORATE LAW|

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|All insights & Updates, BUSINESS LAW, E-COMMERCE LAW|

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|All insights & Updates, BUSINESS LAW|

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|All insights & Updates, CORPORATE LAW|

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|All insights & Updates, BUSINESS LAW|