Employment and Labour Protection The Civil and Commercial Code (“CCC”) and the Labour Protection Act B.E. 2541 (1998) (“LPA”) are the major employment and labor protection laws. The CCC defines employment as a hire of work (hire of services) and provides the general requirements for duties and liabilities of employers and employees. The LPA sets… Read More
The Government of Thailand approves and regulates FDI through several government authorities in charge under different applicable laws. The three major authorities are discussed below. (1) Ministry of Commerce (“MOC”) The MOC regulates and approves FDI of foreigners (defined under the Foreign Business Act B.E. 2542 (A.D. 1999) (“FBA”) as a foreign individual, a foreign… Read More
Foreign investors can set up legal entities and business units in Thailand to do foreign direct investments in Thailand. Private Limited Company Foreign investors can register a private limited liability company with the Ministry of Commerce (MOC). The company must have at least three promoters, three shareholders and one authorized director. The promoters must be… Read More
It has been almost three years since the Emergency Decree on Digital Asset Business Operation B.E. 2561 of Thailand (“DA Law”) came into force on 14th May 2018. Since then several implementation rules have been issued by the Ministry of Finance (“MOF”), the Securities and Exchange Commission Thailand (“SEC”) and the SEC Office. This article… Read More
Trade Secrets Law of Thailand Kowit Somwaiya, Naddaporn Suwanvajukkasikij, Tong Wang LawPlus Ltd., Thailand … Read More
On 12th May 2020, the Ministry of Digital Economy and Society (“MDES”) issued its Notification Re: Standards for Maintaining Security of Meetings Via Electronic Means B.E. 2563 (A.D. 2020). The notification came to force on 27th May 2020. It sets out the security standards for e-meetings required under the Emergency Decree on Electronic Meetings B.E…. Read More
