On 10th June 2022 and 14th June 2022 the Personal Data Protection Committee (PDPC) issued its first four subordinate legislations under the Data Protection Act B.E. 2562 (PDPA) as listed below. The Government Gazette published them on 20th June 2022. The notification under No. 1 below will come into force on 17th December 2022. The… Read More
In June 2022, the Office of Securities and Exchange Commission (SEC) carried out an online public hearing on regulatory guideline for ready-to-use digital tokens (“RTU Token”) under the Emergency Decree On Digital Asset Businesses B.E. 2561 (2018). The major approaches of the guideline proposed for the hearing are summarized below. 1. SEC Approval requirement:- (1) … Read More
On 7th June 2022, the Cabinet approved the Draft of the Civil Partnership Act (“CPA”) proposed by the Ministry of Justice. The CPA as drafted allows same-gender individuals to register their civil partnership and they will be recognized as civil partners. The couples who can register their civil partnership must be at least 17 years… Read More
1. What is the general legal framework governing M&A of a private company in Thailand? For most private M&A activity conducted in Thailand, involving an acquisition or a disposal of shares or assets, there isn’t any specific law that regulates the implementation of such transactions and the parties can rely principally on the terms of… Read More
The service of judicial documents of a foreign court on a person residing in Thailand can be made pursuant to the agreements or treaties on judicial assistance in civil and commercial matters and co-operation in arbitration between Thailand and the home countries of the foreign courts. As of 2022, Thailand has signed such agreements and… Read More
At its meeting on 7th April 2022, the Board of Investment approved the key conditions for granting investment promotion to start-up EV charging station business (Category 7.35). The said key conditions are summarized below. 1. The applicant must have an EV smart charging system plan or a plan for connecting the EV charging system with… Read More