Thailand’s proposed 3-million-baht investment visa could create a new pathway for long-term stay through property investment. But with key regulations and certification procedures still unpublished, the program remains unavailable for now. … Read More
Thai Law
Control Without Shareholding: How Thai Courts Infer Control in Company Disputes
Shareholding is a Starting Point, not a Conclusion In disputes concerning the governance of a Thai company, the parties typically commence by examining the share register. This approach is understandable because the register indicates legal ownership, demonstrates the formal allocation … Read More
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
Thailand Proposes Landmark Reforms to Foreign Business Act to Attract Investment
Thailand is considering significant reforms to the Foreign Business Act that could remove licensing requirements for several service industries. The proposed changes may make it easier for foreign investors to operate software development, treasury centre and intra-group management businesses in Thailand without obtaining a Foreign Business License. … Read More
The End of the Filing Formality: Thailand’s New Front in Registration Scrutiny – Key Changes for Foreign Investors in 2026
For many years, the incorporation of Thai companies was regarded primarily as a routine compliance exercise. While Thai law has long prohibited nominee arrangements under the Foreign Business Act (FBA) and related legislation, substantive scrutiny of ownership structures often occurred … Read More
Summary of New Ministerial Regulation on Wills: A must-read for expatriates in Thailand
1. Overview On 22 January 2026, the Ministry of Interior published a new Ministerial Regulation replacing the 1960 rules governing Public Wills and related inheritance declarations. The regulation took effect on 24 March 2026 (60 days after publication). This modernisation … Read More
Foreign Satellite Landing in Thailand
Sequencing State Policy and Telecom Licensing in a Layered Regulatory Framework Foreign satellite operators evaluating Thailand are not facing two separate regulatory regimes. They are navigating a layered framework in which telecommunications licensing and state-level policy considerations operate within the … Read More
A Practical Guide to Joint Ventures in Thailand: Key Legal Considerations for Foreign Investors
Thailand’s strategic location and economic incentives make it an attractive destination for foreign investment. However, navigating its regulatory landscape requires careful planning, particularly when establishing a joint venture (JV), commonly referred to as a “Thai Majority Company”. This guide synthesises … Read More
Enforcing AI-Use Obligations in Professional Services Contracts
What Actually Works Under Thai Law and in Cross-Border Engagements AI Clauses Are No Longer About Permission In sophisticated professional services engagements, particularly legal services, AI-related provisions have evolved quietly yet decisively. They no longer ask whether AI may be … Read More
Formichella & Sritawat Contributes to Chambers Global Practice Guide: Technology M&A 2026
Formichella & Sritawat is pleased to announce its contribution to the Technology M&A 2026 edition of the Chambers and Partners Global Practice Guide. … Read More