Best Business Lawyers in Don Mueang
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List of the best lawyers in Don Mueang, Thailand
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Thailand Business Legal Questions answered by Lawyers
Browse our 14 legal questions about Business in Thailand and the lawyer answers, or ask your own questions for free.
- Company transfer and name change
- Yes, transferring an existing Thai company to another person and changing ownership is possible. This is done through a share transfer process, where the current shareholder(s) legally transfer their shares to the new owner. Once the transfer is completed, you can change the company director and update the company records with the Department of Business Development (DBD).Procedure Overview – Company Transfer & Name Change:Share Transfer Agreement – The outgoing shareholder signs a document to transfer their shares to the new owner.Update Shareholder List – The company updates its shareholder register and issues new share certificates.Director Change (if needed) – If the new owner also becomes the director, a board resolution and form for DBD filing must be prepared.Update Company Name (optional) – If you want to change the company’s name, this is a separate process requiring shareholder approval and DBD filing.Submit to DBD – All updated documents are filed with the DBD to finalize the change.Estimated Costs:Share Transfer & DBD Filing: THB 6,000 – 12,000 (depending on the complexity and whether legal assistance is used)Name Change Filing: ~THB 3,000Legal Service (if needed): THB 10,000 – 25,000 (approx.)
- Inquiry Regarding Licensing Requirements for Cryptocurrency ATMs in Thailand
- Dear prospective client,Thank you for reaching out with your inquiry regarding the licensing requirements for operating cryptocurrency ATMs in Thailand.In order to operate cryptocurrency ATMs in Thailand, operators are required to comply with specific regulations issued by the Securities and Exchange Commission (SEC) of Thailand. The primary license that cryptocurrency ATM operators need to apply for is a Digital Asset Business License. This license allows businesses to operate as cryptocurrency exchanges, brokers, or dealers, all of which may be relevant depending on the services offered by the ATM.Additionally, there are stringent compliance measures relating to Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements that need to be adhered to in line with Thai law.For a comprehensive overview of the regulations surrounding digital assets in Thailand, including cryptocurrency ATMs, I invite you to visit our website for detailed insights:Digital Asset Regulations in Thailand: A Comprehensive Overview https://mahanakornpartners.com/digital-asset-regulations-in-thailand-a-comprehensive-overview/Should you have any further questions or need more personalized assistance, feel free to reach out.Best regards,Mahanakorn Partners Group (MPG)
- Airbnb in Thailand
- Short answers for your questions 1) In Thailand, you can do business by individual or setting up a company. However, if owner is foreigner, may cannot do most business unless get approved by governor officer or some section form Thai regulations. Presently, LLC need 3 persons for set-up.2) Yes, in Thailand has specific regulation for foreigner who want to do business in Thailand.For more details please contact us directly at Sorasak Law Firm.
About Business Law in Don Mueang, Thailand
Don Mueang is a district in Bangkok, Thailand, known for its busy airport and growing business community. The district is home to a variety of businesses, from small local shops to larger companies operating in transport, hospitality, retail, and services. Understanding business law is crucial for anyone looking to set up, invest in, or expand a business in Don Mueang. Business law in Thailand covers a wide range of activities including company registration, contract agreements, licensing, employment, taxes, and more. With its unique local nuances and regulations, navigating the business landscape in Don Mueang requires adhering to Thai legal frameworks.
Why You May Need a Lawyer
Many individuals and organizations encounter legal challenges or important decisions during the course of doing business in Don Mueang. Common situations where you might require the assistance of a business lawyer include:
- Starting a business or registering a company or partnership
- Negotiating and drafting contracts with partners, suppliers, or clients
- Acquiring necessary business licenses and permits
- Understanding labor laws and employee-related regulations
- Resolving business disputes and negotiating settlements
- Ensuring compliance with local taxes and financial regulations
- Acquiring investments or merging with another company
- Dealing with intellectual property matters such as trademarks and patents
Legal advice can help prevent costly mistakes, ensure compliance, and safeguard your business interests in the competitive Don Mueang district.
Local Laws Overview
Business law in Don Mueang is primarily governed by national statutes applied locally. Key regulations include the Civil and Commercial Code regarding company formations, the Foreign Business Act for foreign ownership, and local city ordinances concerning licensing and zoning.
Significant aspects to be aware of include:
- Company Registration: All businesses must register with the Department of Business Development. Certain business structures such as limited companies or partnerships require specific documentation and approvals.
- Foreign Ownership: Foreign investors may face restrictions under the Foreign Business Act, but there are options for partnerships and certain Board of Investment promoted activities.
- Licensing: Businesses in food, hospitality, transport, and other regulated industries need to obtain the proper licenses from local authorities.
- Employment Law: Employment contracts, employee benefits, termination, and workplace safety are regulated under Thai labor law, applicable across Don Mueang.
- Taxation: Businesses must comply with corporate income tax, VAT, and other tax filings relevant in Bangkok.
- Dispute Resolution: Most disputes are resolved through negotiation, settlement, or the Thai courts, which are accessible in Bangkok.
Frequently Asked Questions
What documents are required to register a company in Don Mueang?
Typically, you will need identification documents, proof of address, company name reservation, and articles of association. For foreign owners, a work permit and visa may also be needed.
Can foreigners own a business in Don Mueang?
Yes, but with restrictions. The Foreign Business Act limits foreign ownership in certain business categories. There are legal structures and Board of Investment incentives that can allow for more flexibility.
What licenses are needed to operate a restaurant or café?
A Food Shop License, signage permit, and sometimes an alcohol license if serving alcohol. You may also need health and safety certifications depending on your location and services.
How long does it take to register a business?
If all documents are in order, the process can take about one to two weeks. Certain business activities requiring extra licenses may take longer.
What are the standard working hours and labor law provisions in Don Mueang?
Standard hours are eight per day or 48 per week. Overtime, holidays, and employee benefits are governed under Thai labor law and must be observed by all employers.
How are business disputes resolved?
Most disputes are settled through negotiation first. Failing that, parties may seek mediation, arbitration, or proceed through civil court depending on the nature of the dispute.
Is it mandatory to have a Thai partner to set up a business?
For some types of businesses, particularly in regulated sectors and under the Foreign Business Act, having a Thai partner is necessary. For BOI-promoted businesses, exceptions may apply.
What taxes do businesses in Don Mueang have to pay?
Registered companies pay corporate income tax, value added tax (VAT), and may have to withhold personal income tax for employees. Property tax and specific business taxes could also apply.
How can I protect my business's intellectual property?
You can register trademarks, patents, and copyrights with the Department of Intellectual Property in Thailand. Contracts should include clauses to protect IP where applicable.
What should I do if my business faces legal action or government inspection?
Consult a lawyer immediately to understand your rights and obligations. Cooperate with authorities, gather all related documents, and seek legal representation if required.
Additional Resources
For more information or assistance related to business legal matters in Don Mueang, consider the following resources:
- Department of Business Development (DBD), Ministry of Commerce
- Bangkok Metropolitan Administration for local licensing and permits
- Thai Board of Investment for incentives and foreign business support
- Department of Intellectual Property for IP applications and protection
- Labour Protection and Welfare Department for employment-related queries
- Local law societies and business associations in Bangkok
Next Steps
If you believe you need legal support or want to ensure your business activities in Don Mueang are compliant with local laws, take the following steps:
- Identify your specific legal needs, such as company registration, licensing, or contract drafting
- Gather all relevant documents such as identification, business plans, and existing contracts
- Consult a local lawyer or law firm with expertise in business law in Don Mueang
- Seek advice before making binding commitments or investments
- Stay informed about changes in local regulations and seek ongoing legal support as needed
Starting or managing a business in Don Mueang can be rewarding, provided you are well-informed about legal requirements and have access to reliable legal guidance. When in doubt, professional legal advice is your best safeguard.
Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.