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How to Set Up a Company in Thailand: A Step-by-Step Guide for Foreign Investors
Thailand offers foreign investors access to a substantial domestic market and an established regional business environment. However, establishing a company involves more than comp…
How to Remove a Director in Thailand: Legal Procedures and Common Disputes
Removing a company director in Thailand can become complicated when shareholders disagree, a business relationship breaks down, or concerns arise about how the company is being ma…
Personal Guarantees in Thailand: What Directors and Business Owners Should Know
Personal guarantees are common in commercial transactions in Thailand. Banks, landlords, equipment financing companies, suppliers, and other creditors may require a company direct…
Share Capital vs. Shareholder Loans in Thailand: Which Funding Structure Is Better?
When a Thai company needs additional funding, its shareholders generally have two common options: contribute additional capital to the company or provide financing through a share…
Closing a Company in Thailand: Liquidation, Debts and Legal Obligations
Closing a company in Thailand involves more than ceasing business operations or notifying the Department of Business Development (DBD). A Thai limited company must generally compl…
Director Liability in Thailand: When Can Directors Be Held Personally Liable?
Foreign investors establishing or operating a company in Thailand often rely on the principle of limited liability. A Thai limited company is a separate legal entity, and its dire…
Buying an Existing Company in Thailand: Legal Due Diligence and Hidden Liabilities
Acquiring an existing company in Thailand can offer a faster route into the market than establishing a new business. The target may already have customers, employees, operating li…
Right of First Refusal (ROFR): Structuring Share Transfer Rights Under Thai Law
In a company with multiple shareholders, a share transfer is not merely a change in ownership. It can alter the balance of control, the relationship between business partners, and…
