ArticleOnly Two Shareholders RequiredAmong the many amendments to the Thai Civil and Commercial Code that came into force in February 2023,...ThailandCorporate/Commercial LawGPS Legal
ArticleConsideration Of Contractual Terms Impact Investment Targeting StartupsExpectations for impact investment have been increasing in Japan. The promotion of impact investment was established as a clear policy goal in the "Grand Design and Action Plan for a New Form ofThailandCorporate/Commercial LawNishimura & Asahi
ArticleList Of Laws Containing Directors' And Managers' Criminal Liability ProvisionsThis document provides an updated list of all Thai statutes that deal with liability of corporate directors and officers.ThailandCorporate/Commercial LawTilleke & Gibbins
ArticleThailand BOI Revises Land Ownership Allowance For Foreign CompaniesThailand's Board of Investment (BOI) has issued regulations revising its criteria for certain foreign companies that receive promotional privileges to own land under limited circumstances.ThailandCorporate/Commercial LawTilleke & Gibbins
ArticleThe SEC's New Weapons In The Fight Against Market ManipulatorsPreventing market manipulation is key to maintaining the credibility of capital markets. Insider trading, wash trading, churning, and pumping and dumping are just a few of the types of manipulation regulators...ThailandCorporate/Commercial LawPriceSanond Ltd
ArticleThe SEC's New Weapons In The Fight Against Market ManipulatorsPreventing market manipulation is key to maintaining the credibility of capital markets. Insider trading, wash trading, churning, and pumping and dumping are just a few of the types of manipulation...ThailandCorporate/Commercial LawPriceSanond Ltd
ArticleESG In Vietnam: Legal Framework And Path To ComplianceWith the growing prominence of ESG (Environmental, Social, and Governance) factors, businesses in Vietnam are increasingly recognizing their importance in driving global demand, societal impact, and economic value.ThailandEnvironmentTilleke & Gibbins
ArticleCompetition Trade Guideline For Digital SectorsOn October 9, 2023, the Trade Competition Commission of Thailand announced its plan for 2024 to focus primarily on competition, unfair trading, and antitrust policies for e-commerce businesses with a value of over THB 100 billion.ThailandAntitrust/Competition LawDFDL
ArticleFranchising: Thailand Legislative Updates 2022The January–March 2023 issue of Asia Franchise & Business Opportunities magazine features an article by two franchising specialists in Tilleke & Gibbins' Bangkok office. Written by Alan Adcock, partner, and Sher Hann Chua, consultant, the article provides a summary of the legislative developments of 2022 most relevant to franchisors and franchisees.ThailandCorporate/Commercial LawTilleke & Gibbins
ArticleRegional Guide To Franchising Law In Southeast AsiaThe popularity of the franchise business model has been growing rapidly in Southeast Asia in recent years, with some of the world's top brands becoming common sights in the commercial districts and shopping malls of major regional cities in Cambodia, Indonesia, Laos, Myanmar, Thailand, and Vietnam.ThailandCorporate/Commercial LawTilleke & Gibbins
ArticleThailand's DBD Clarifies Updated Requirements On Publication Of Shareholders' Meeting NoticesThailand's Department of Business Development (DBD) has clarified that even after the amended Civil and Commercial Code (CCC) comes into effect on February 7, 2023...ThailandCorporate/Commercial LawTilleke & Gibbins
ArticleThailand's SEC To Support Public Fundraising For SMEs And StartupsOn September 15, 2021, Thailand's Securities and Exchange Commission (SEC) announced a prospective new scheme that will enable small and medium enterprises (SMEs) and startups in Thailand...ThailandCorporate/Commercial LawTilleke & Gibbins
ArticleThailand Introduces Corporate Signatory Safeguards To Crack Down On NomineesThailand’s Department of Business Development (DBD) has issued a regulation imposing additional requirements for amending a company’s directors and signatory power to designate a foreign national as an authorized signatory of the company.ThailandCorporate/Commercial LawTilleke & Gibbins
ArticleThailand Launches Measures To Suppress Corporate Mule AccountsOn January 1, 2025, the Department of Business Development (DBD) in Thailand's Ministry of Commerce implemented new stringent corporate registration screening measures...ThailandCorporate/Commercial LawTilleke & Gibbins
VideoWebinar: Franchising In Taiwan And Thailand (Video)On August 16, Tilleke & Gibbins collaborated with Eiger in Taiwan to host a webinar on franchising law in Taiwan and Thailand.ThailandCorporate/Commercial LawTilleke & Gibbins
ArticleOverview Of The Asset Management Task Force Report (Published On December 12, 2023)On December 12, 2023, the Asset Management Task Force of the Financial System Council (the "Asset Management TF") and the Working Group on Capital Market Regulations of the Financial System Council...ThailandWealth ManagementNishimura & Asahi
ArticleInvesting In Mainland Southeast AsiaAs a whole, mainland Southeast Asia proved to be remarkably resilient during the COVID-19 crisis in comparison to many other parts of the world, showing that this region of fast-growing...WorldwideCorporate/Commercial LawTilleke & Gibbins
ArticleCan Foundations Own Land In Thailand?As many foundations operate schools, or orphanages the possibility to own land is one of the key questions for them.ThailandCorporate/Commercial LawFrank Legal & Tax
ArticleThailand Exempts Hotels And Factories From Annual Government FeesThailand has issued separate regulations temporarily exempting hotel operators and factory owners from paying their annual government fee. The special allowances are meant to mitigate...ThailandCorporate/Commercial LawTilleke & Gibbins
ArticleMyanmar Orders Conversion Of Foreign Currency Balances Of Companies With Up To 35% Foreign OwnershipOn July 15, 2022, the Central Bank of Myanmar (CBM) issued Letter No. FE-1/754 instructing banks with authorized dealer (AD) status to inform the CBM of the balances in foreign-currency accounts belonging to Myanmar companies with up to 35% foreign ownership.ThailandFinance and BankingTilleke & Gibbins