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
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
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...GlobalCorporate/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
ArticleNew Fees For Business RegistrationThe former process of business registration was considered as complex and unclear. The new regulation enhances the system and brings benefits to the applicant. It helps to save costs and strengthen the competitiveness. 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
ArticleMultilaw Checklist For Monitoring Staff Data 2022 – Cambodia, Laos, Myanmar, Thailand, VietnamLawyers from Tilleke & Gibbins in Cambodia, Laos, Myanmar, Thailand, and Vietnam have contributed to the new Multilaw Global Checklist for Monitoring Staff Data,...ThailandCorporate/Commercial LawTilleke & Gibbins
ArticleThailand Eases Stock Buybacks With Proposed Amendment: Listed Companies Expected To Jump InIn response to the Thai stock index's decline and market volatility, Thailand's Department of Business Development is proposing an amendment to the country's treasury stock rules...ThailandCorporate/Commercial LawTilleke & Gibbins
ArticleThailand Seeks Comments On Registration Of Limited Companies With Foreign Shareholders Or DirectorsOn June 1, 2025, Thailand's Office of Central Company and Partnership Registration of the Department of Business Development opened a public hearing period...ThailandCorporate/Commercial LawTilleke & Gibbins
ArticleThe Draft Amendment Of The Civil And Commercial Code: The Minimum Number Of Shareholders In An LLCOn June 23rd, 2020, the Thai Cabinet approved a Draft Act which will amend the Civil and Commercial Code, with regards to the establishment of limited companies.ThailandCorporate/Commercial LawFrank Legal & Tax
ArticleThailand To Restrict Foreign Shareholding In Electricity BusinessesThailand's Energy Regulatory Commission (ERC) is in the process of reviewing a draft regulation that updates the nationality qualifications for the ultimate shareholders...ThailandEnergy and Natural ResourcesTilleke & Gibbins
ArticleThailand Clarifies Rules On Digital Platform Investment PromotionOn October 3, 2023, Thailand's Board of Investment (BOI) issued a new regulation clarifying the eligibility criteria for investment promotion under the BOI category "5.10 Development of software...ThailandTechnologyTilleke & Gibbins