News and Updates

Find out more from our updates on Thai Law and updates on Formichella & Sritawat.

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ngso-satellite-fosr
18 March, 2026

Sovereign Skies: Navigating Thailand’s Legal Framework for NGSO Infrastructure

An in-depth guide to Thailand’s legal and regulatory framework for NGSO satellite infrastructure, covering NBTC licensing, landing rights, local entity requirements and strategic market entry considerations. …

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FOSR-award-firm-ABLJ-2026
18 March, 2026

Formichella & Sritawat Recognised Across Multiple Categories in the Asia Business Law Journal: Thailand Law Firm Awards 2026

Formichella & Sritawat is pleased to have once again been recognised in the 2026 Thailand Law Firm Awards published by Asia Business Law Journal. In this year’s edition, the firm is included across three of our key practice areas: FOSR is also …

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i-dunno-thai-director
17 March, 2026

Director Certifications and the Limits of “I Don’t Know”: How Thai Courts Evaluate Responsibility in Corporate Disputes

Routine Signatures and Litigation Risk In corporate disputes before Thai courts, directors frequently justify problematic transactions or inaccurate filings on the basis of ignorance. Within the organization, that explanation may appear plausible. Corporate documentation is often drafted by accountants, legal …

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3-mill-baht-investment-visit-tourism
12 March, 2026

Thailand’s 3 Million Baht Investment Visa: A Potential Long-Term Stay Pathway – awaiting regulations

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 But with key regulations and certification procedures still unpublished, the program remains unavailable for now. …

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thai-puppet-nominee
11 March, 2026

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 …

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Unknown
11 March, 2026

Formichella & Sritawat Shortlisted in the Legal 500 Southeast Asia Awards 2026

Formichella & Sritawat Attorneys at Law has been nominated in three categories at the Legal 500 Southeast Asia Awards 2026, recognizing the firm’s work in the Telecommunications, Media, and Technology (TMT) sector in Thailand. The firm has been shortlisted for …

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thai-biz-mahanakorn
10 March, 2026

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. …

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fba-updates
6 March, 2026

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. …

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boardroom
26 February, 2026

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 …

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last-will
20 February, 2026

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 …

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