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Phaya Thai, Thailand Attorneys in related practice areas.
Browse our 13 legal questions about Business in Thailand and the lawyer answers, or ask your own questions for free.
To gain BOI Thailand promotion, your business must fall within one of the eight stated business categories: Agriculture and agricultural products Light industry Services and public utility Chemicals, paper, and plastic Technology and innovation development Electronic industry and electric appliances...
Read full answerThere are details and nuances; however, at the basic level, your company is eligible for BOI promotion if it meets the following criteria: The company is included in one of the eight eligible business categories. The company performs eligible activities...
Read full answerOnce the company is BOI promoted, the following basic incentives may be granted: Exemption of corporate income tax Exemption of import duties on machinery Exemption of import duties on raw materials used in R&D Exemption of import duties on raw...
Read full answerBusiness law in Phaya Thai, Thailand encompasses a range of legal issues related to starting, operating, and managing a business. It covers areas such as business formation, contracts, intellectual property, employment law, and more. Understanding the legal framework is crucial for entrepreneurs and business owners to ensure compliance and protect their interests.
There are several situations where you may need a lawyer specializing in business law in Phaya Thai, Thailand. These can include drafting or reviewing contracts, resolving disputes with employees or business partners, seeking legal advice on intellectual property rights, navigating the process of business formation, and handling regulatory compliance issues.
Key aspects of local laws in Phaya Thai, Thailand that are particularly relevant to business include regulations on company registration, tax laws, labor laws, intellectual property laws, and competition laws. Understanding and adhering to these laws is essential for operating a business legally and successfully in Phaya Thai.
Yes, registering your business is mandatory in Phaya Thai. It ensures legal recognition and compliance with local regulations.
You can protect your intellectual property through patents, trademarks, copyrights, and trade secrets. Consulting with a lawyer specializing in intellectual property law is advisable.
Businesses in Phaya Thai are subject to corporate income tax, value-added tax (VAT), and specific business taxes. Compliance with tax laws is essential to avoid penalties.
Yes, you can hire foreign employees, but you need to comply with work permit regulations and other immigration laws.
Business disputes can be resolved through negotiation, mediation, arbitration, or litigation. Consulting with a lawyer specializing in business disputes is recommended.
Partnerships in Phaya Thai require a partnership agreement, registration with the relevant authorities, and compliance with partnership laws.
Compliance with competition laws involves avoiding anti-competitive practices such as price-fixing, collusion, and abuse of dominant market position.
Yes, you can transfer your business assets through sales, mergers, acquisitions, or other legal means. Seek legal advice to ensure a smooth transfer process.
Directors have fiduciary duties to act in the best interests of the company, avoid conflicts of interest, and comply with corporate governance laws.
Terminating an employee must adhere to labor laws and employment contracts. Consult with a lawyer to ensure a fair and lawful termination process.
For further assistance with business law in Phaya Thai, Thailand, you can contact the Department of Business Development, the Department of Intellectual Property, the Revenue Department, and the Department of Labor Protection and Welfare.
If you require legal assistance in business matters in Phaya Thai, Thailand, it is advisable to consult with a qualified lawyer specializing in business law. They can provide personalized advice and guidance based on your specific needs and circumstances.
