Foreign investors can set up legal entities and business units in Thailand to do foreign direct investments in Thailand. Private Limited Company Foreign investors can register a private limited liability company with the Ministry of Commerce (MOC). The company must have at least three promoters, three shareholders and one authorized director. The promoters must be… Read More
It has been almost three years since the Emergency Decree on Digital Asset Business Operation B.E. 2561 of Thailand (“DA Law”) came into force on 14th May 2018. Since then several implementation rules have been issued by the Ministry of Finance (“MOF”), the Securities and Exchange Commission Thailand (“SEC”) and the SEC Office. This article… Read More
Trade Secrets Law of Thailand Kowit Somwaiya, Naddaporn Suwanvajukkasikij, Tong Wang LawPlus Ltd., Thailand … Read More
On 12th May 2020, the Ministry of Digital Economy and Society (“MDES”) issued its Notification Re: Standards for Maintaining Security of Meetings Via Electronic Means B.E. 2563 (A.D. 2020). The notification came to force on 27th May 2020. It sets out the security standards for e-meetings required under the Emergency Decree on Electronic Meetings B.E…. Read More
Thailand postpones the enforcement of the Personal Data Protection Act B.E. 2562 (“PDPA”) for another year effective from 27th May 2020 to 31st May 2021. The postponement was made by the Royal Decree on Entities and Businesses Not Subject to Enforcement of the PDPA B.E. 2563 dated 20th May 2020 published in the Government Gazette… Read More
In response to the Covid-19 crisis, effective from 24th March 2020 the COJ postponed all the witness hearings of the Court of First Instance scheduled for 24th March 2020 to 31st May 2020 to the end of the year or a later date which may be announced later, subject to certain exceptions such as hearings… Read More