Thailand Supreme Court Sets Limits on Shareholders’ Agreements: Key Legal Lessons from Decision 3402/2548 Laws create order—business brings complexity. In Thailand, shareholders often depend on private agreements to align commercial expectations and protect investments. But what occurs when these private … Read More
business
Comprehensive Guide to Registering a Company to Import Wine and Spirits into Thailand: Laws, Requirements, and Sales Permissions
Thailand’s alcoholic beverage market offers significant business potential, but entering it requires careful compliance with a strict regulatory framework. The key authorities involved are the Excise Department, Customs Department, and the Revenue Department — each playing a distinct role in the approval, taxation, and … Read More
Thailand’s Unprecedented Crackdown on Illegal Nominee Structures: Compliance Options
Thai authorities are executing their most aggressive campaign to date against illegal nominee structures used to bypass the Foreign Business Act (FBA). This multi-agency enforcement effort, widely reported by outlets such as the Bangkok Post, leverages powerful new data integration tools … Read More
UNLOCKING GROWTH: HOW THAILAND’S BOI CONCESSIONS EMPOWER SMES IN THE NEW TECH & GREEN ECONOMY
1. Executive Summary: Thailand’s Board of Investment (BOI), under its strategic shift towards a “New Economy,” has significantly relaxed and targeted its concession packages, creating unprecedented opportunities for Small and Medium Enterprises (SMEs) in high-potential sectors like Agriculture Technology (Agritech), Artificial … Read More
Artificial Intelligence, Machine Learning, and Big Data in Thailand: Legal and Regulatory Developments 2025
1. Introduction to AI in Thailand Thailand continues to develop as a regional leader in artificial intelligence (AI), machine learning (ML), and big data regulation, balancing innovation with legal protections. In 2025, the legal environment will be shaped by existing … Read More
Securing BOI Privileges in Thailand
Thailand offers a structured, incentive-driven pathway for foreign investment under the Board of Investment (BOI) regime. Obtaining BOI promotion is frequently essential for operational viability and accessing critical legal and fiscal benefits. However, the application process demands precise legal compliance … Read More
Onnicha Khongthon contributes to World Bank Group Thailand Women, Business and the Law
Women, Business and the Law 2022 is the eighth in a series of World Bank reports that provide objective legal and regulatory barriers to women’s entrepreneurship and employment in 190 economies. … Read More
Formichella & Sritawat featured in the Asia Business Law Directory
Asia Business Law Journal – published in print and online at Law.asia. This organization is a bi-monthly magazine that clarifies the legal and regulatory environment in vital Asian jurisdictions.
Thailand’s Telecommunications Business Act
The TBA does not impose foreign shareholding restrictions on Type I licensed operators. However, foreign nationals or companies with majority foreign ownership must obtain a Foreign Business License under most circumstances from the Ministry of Commerce to operate their business. … Read More