business

When Copying Company Data Isn’t Theft: The Limits of “Property” in Thai Law

Thai Language version available here: https://fosrlaw.com/2026/คัดลอกข้อมูลบริษัท-ลักท/ In commercial practice, the unauthorized copying of data is often described as “theft.” Under Thai law, that characterization can be legally incorrect. Supreme Court Judgment No. 5161/2547 remains the leading authority on this issue.

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Navigating Foreign Participation Regulations for Thai Companies.

Since 1 January, 2026, the Department of Business Development (DBD) has enforced a series of administrative orders that systematically dismantle the era of passive nominee shareholding[reference:0]. This shift from form-based to substance-based verification fundamentally alters how companies are registered, amended,

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Thailand Intensifies Crackdown on Nominee Shareholders

A nominee shareholder arrangement occurs when a Thai national holds shares in a company on behalf of a foreigner in order to circumvent foreign ownership restrictions under the Foreign Business Act. Such arrangements are illegal under Sections 36 and 37 of the Act and can result in criminal penalties for both the Thai nominee and the foreign beneficiary. … Read More

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