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  • Article

    Bank Of Thailand Proposes New Digital Channel Security Standards

    Thailand's central bank has proposed sweeping changes to digital banking security rules that would phase out SMS-based authentication and mandate biometric verification for large transactions. The draft notification extends security requirements beyond mobile banking to internet channels and nonbank providers, responding to evolving fraud tactics targeting gaps in the current regulatory framework.
    ThailandFinance and Banking
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Bank Of Thailand To Update Foreign Exchange Business Regulations

    On November 23, 2021, Thailand's cabinet approved in principle the amended Ministerial Regulation No. 13 issued under the Exchange Control Act, B.E. 2485 (1942), as amended (ECA).
    ThailandFinance and Banking
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    SET-HNX MoU Makes Dual-Listing Possible

    The Hanoi Stock Exchange (HNX) and the Stock Exchange of Thailand (SET) have entered into a Memorandum of Understanding (MoU) on 22 January 2010 to establish a framework for cooperation between the two exchanges and allow dual-listing opportunities.
    ThailandFinance and Banking
    Mayer Brown
    Mayer Brown
  • Article

    How To Own A Private Limited Company In Thailand As A Foreigner

    A private limited company is the most popular business structure in Thailand not just amongst foreign businesses and entrepreneurs looking to expand into the Thai market but, also amongst foreigner investors as it opens doors ...
    ThailandGovernment, Public Sector
    Harvey Law Group
    Harvey Law Group
  • Article

    Thailand Seeks Comments On Draft Controls To Prevent Nominee Shareholders

    Thailand has proposed amendments to the Anti-Money Laundering Act B.E. 2542 (1999) as the country steps up its efforts to combat economic crimes and corruption.
    ThailandGovernment, Public Sector
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Licensee Issues in Thailand: Post-Termination Experiences

    Importance of strong license agreements for companies to manufacturing etc, goods in Thailand discussed.
    ThailandIntellectual Property
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Residential Property Leasing As A Contract-Controlled Business

    Overcharging tenants for electricity and water was a common practice among landlords in Thailand.
    ThailandReal Estate and Construction
    Frank Legal & Tax
    Frank Legal & Tax
  • Article

    Thailand Inviting Public Comments On Proposed Changes To Rules For Securities Issuers And Listed Companies

    Thailand's Securities and Exchange Commission and the Stock Exchange of Thailand (SET) have opened a public hearing period on proposed changes to requirements for...
    ThailandCorporate/Commercial Law
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    What Are Annual Accounts?

    With annual accounts, also referred to as the annual financial statements, the bookkeeping closes the respective business year.
    ThailandAccounting and Audit
    Frank Legal & Tax
    Frank Legal & Tax
  • Article

    Enforcing Indemnification Clauses In Thailand

    Indemnification clauses are common contractual provisions in many jurisdictions including Thailand, but enforcing them can be challenging in the eyes of Thai law.
    ThailandCorporate/Commercial Law
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Extra-contractual Liabilities Under Thai Law

    In this collection, the Asian Business Law Institute ("ABLI") briefly discusses issues concerning extra-contractual liabilities in select civil, common and hybrid jurisdictions.
    ThailandCorporate/Commercial Law
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Tests Of Doing Business And Penalties For Unregistered Entities Considered As Doing Business In Thailand

    Depending on status (Thai or foreign) and nature of unregistered activity, it means operating any commercial activity without officially registering with or obtaining required license...
    ThailandCorporate/Commercial Law
    GRATA International
    GRATA International
  • Article

    Thailand's Renewed BOI Incentives: A Strategic Window For Growth, Expansion, And Investment (2026–2027)

    On 15 January 2026, the Thailand Board of Investment (BOI) announced a refreshed set of investment promotion measures, replacing programs that expired in 2025.
    ThailandCorporate/Commercial Law
    Alvarez & Marsal
    Alvarez & Marsal
  • Article

    Thailand's SEC Opens Public Hearing Period On ICO Portal Regulations

    On June 23, 2022, Thailand's Securities and Exchange Commission (SEC) opened a public hearing period on regulatory controls for initial coin offering (ICO) portals that serve as...
    ThailandCorporate/Commercial Law
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Thai Cabinet Approves Expansion Of Social Security Coverage To More Workers

    On August 25, 2026, Thailand’s cabinet approved in principle a draft amendment that would extend mandatory social security coverage to three categories of workers currently excluded from Thailand’s compulsory social security system.
    ThailandEmployment and HR
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Relaxation Of The Minimum Paid-Up Capital Requirements For Securities And Derivatives Operators

    In August 2017 the Thai SEC issued a hearing paper on the reduction of minimum paid-up capital requirements for securities and derivatives operators in Thailand.
    ThailandFinance and Banking
    Baker McKenzie
    Baker McKenzie
  • Article

    Thailand Introduces New Licensing And Public Service Facilitation Framework

    Thailand has enacted a comprehensive new law that fundamentally transforms how businesses interact with government agencies for licensing and public services. The Facilitation of Licensing and Public Services Consideration Act B.E. 2569 (2026) introduces groundbreaking reforms including a "super license" system, mandatory e-filing, deemed approval mechanisms, and strict timeline enforcement that promise to streamline regulatory compliance and reduce administrative burdens across all sectors.
    ThailandGovernment, Public Sector
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Thailand Amends Rules On Insurance Policy Delivery, Sales, And Advertising

    Thailand's Office of Insurance Commission has issued new regulations requiring insurers to deliver policies electronically by default, implement enhanced risk management controls, and establish stricter oversight of advertising and sales conduct. The amendments introduce significant data-reporting obligations and expanded compliance requirements for insurers, agents, brokers, and third-party advertisers operating in Thailand's insurance market.
    ThailandInsurance
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    ETDA Stipulates Digital Platform Risk Assessment And Identity Verification

    Thailand's Electronic Transaction Development Agency (ETDA) has released two new subordinate regulations under the Royal Decree on Digital Platform Services: one detailing the assessment of digital...
    ThailandTechnology
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Thailand Adds Digital Asset Operators To Institutional Investor Definition

    Thailand's Securities and Exchange Commission (SEC) has broadened the definition of institutional investors, expanded the types of qualifying investments...
    ThailandTechnology
    Tilleke & Gibbins
    Tilleke & Gibbins

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