LawPlus contributed to the Thailand chapter for the Legal 500 Country Comparative Guide: Intellectual Property 2023. Mr. Kowit Somwaiya, Senior Partner, and Ms. Prasantaya Bantadtan, Partner, co-authored the Thailand chapter. Please click here to view our chapter on the Legal 500 website or download it pdf format using the link below. This country-specific Q&A… Read More
Companies registered in Myanmar can be voluntarily wound up by its shareholders or creditors or compulsorily wound up by a court order. The voluntary winding up is more common and easier than the compulsory winding up. The key legislations governing the company liquidation are the Insolvency Law 2020 and the Insolvency Rules 2020. Procedures The… Read More
Thailand has introduced the long-term resident visa (“LTR Visa”) to stimulate economic growth post the COVID-19 pandemic. The LTR Visa is offered to four categories of foreign nationals (“Eligible Foreigners”) who are wealthy global citizens (“WGC”), wealthy pensioners (“WP”), work-from-Thailand professionals (“WTP”), and highly-skilled professionals (“HSP”). Spouses and children (“Dependents”) of the LTR Visa holders… Read More
Thailand has introduced the long-term resident visa (“LTR Visa”) to stimulate economic growth post the COVID-19 pandemic. The LTR Visa is offered to four categories of foreign nationals (“Eligible Foreigners”) who are wealthy global citizens (“WGC”), wealthy pensioners (“WP”), work-from-Thailand professionals (“WTP”), and highly-skilled professionals (“HSP”). Spouses and children (“Dependents”) of the LTR Visa holders… Read More
Effective from 13th July 2022, under the Notification on Prescribing Other Businesses Related to Digital Assets as Additional Digital Asset Businesses (No. 2) B.E. 2565 dated 10th June 2022 and the Notification on License to Operate Digital Asset Business (No. 3) B.E. 2565 dated 10th June 2022 of the Ministry of Finance (MOF), the “Digital… Read More
1. What is the general legal framework governing M&A of a private company in Thailand? For most private M&A activity conducted in Thailand, involving an acquisition or a disposal of shares or assets, there isn’t any specific law that regulates the implementation of such transactions and the parties can rely principally on the terms of… Read More