Best Business Lawyers in Ratchathewi

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Knight Legal International
Ratchathewi, Thailand

English
Knight Legal International, established in 2008 as Knight Consultant Worldwide Company Limited, has evolved into a comprehensive law firm in Thailand. With over 25 years of experience, the firm's attorneys specialize in various legal fields, including civil and criminal law, business law, and...
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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
Immigration
Business
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
Business
Licensing
New Business Formation
Business Registration
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
Immigration
Business
International
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 Ratchathewi, Thailand

Ratchathewi is a vibrant district in central Bangkok, known for its commercial zones, small businesses, retail shops, and growing number of startups. Business law in this area is influenced by Thai national laws but can also be affected by unique local regulations and municipal requirements. The legal landscape covers a wide range of business activities including company formation, licensing, commercial contracts, intellectual property, and dispute resolution. Ratchathewi's thriving economic environment attracts both local entrepreneurs and foreign investors, each requiring compliance with Thailand's business laws and administrative processes.

Why You May Need a Lawyer

Business operations in Ratchathewi, like elsewhere in Thailand, can bring a variety of legal challenges. Common situations where individuals or companies may require legal assistance include:

  • Starting a new business or forming a company
  • Drafting or reviewing contracts and agreements
  • Obtaining required licenses or permits
  • Handling disputes with partners, employees, or customers
  • Protecting intellectual property such as trademarks or patents
  • Understanding tax obligations and compliance
  • Dealing with employment law issues or labor disputes
  • Foreign investment regulations and compliance matters
  • Buying or leasing commercial property
  • Mergers, acquisitions, or dissolving a business

Legal counsel ensures you meet regulatory requirements, protect your rights, and avoid costly mistakes common in business operations.

Local Laws Overview

Business laws in Ratchathewi are governed primarily by national Thai statutes like the Civil and Commercial Code, Foreign Business Act, Revenue Code, and Labor Protection Act. However, business owners must also comply with local zoning laws, municipal regulations, and sector-specific licensing requirements. The Metropolitan Administration of Bangkok may have additional rules regarding signage, public health, and construction. Foreigners face specific limitations under the Foreign Business Act but may establish a legal presence through joint ventures, Board of Investment (BOI) incentives, or representative offices. Proper business registration with the Department of Business Development is mandatory, and many industries require sector-specific licenses.

Frequently Asked Questions

What types of business structures are available in Ratchathewi, Thailand?

Common business structures include sole proprietorship, partnership, limited company (the most popular), public limited company, branch office, representative office, and regional office. Each structure has different legal and tax implications.

Do I need to register my business with local authorities?

Yes, all businesses must be registered with the Department of Business Development. Depending on your activities, additional permits or licenses from local or national authorities may be required.

Are there restrictions on foreign ownership of businesses?

Yes, under the Foreign Business Act, foreigners are restricted from fully owning certain types of businesses unless special permissions or investment incentives apply. Legal structures or BOI privileges can provide more flexibility in some cases.

What are the common taxes that businesses pay?

Key taxes include corporate income tax, value added tax (VAT), specific business tax, and withholding tax. Registration for tax purposes is required with the Revenue Department.

Do I need a business license to operate in Ratchathewi?

Most businesses need a general business license, and certain industries (like food and beverage, imports-exports, education, or health care) require special permits from relevant authorities.

How can I protect my intellectual property in Thailand?

Thailand offers various forms of intellectual property protection, including trademark, copyright, and patent registration. The Department of Intellectual Property handles registrations and enforcement.

What laws govern employment relationships?

Employee-employer relations are primarily governed by the Labor Protection Act, which covers minimum wage, working hours, overtime, benefits, termination, and severance pay.

How are commercial disputes resolved in Ratchathewi?

Most disputes are resolved through the Thai court system, though arbitration and mediation are also options for certain commercial cases. Agreements should specify the preferred dispute resolution method.

Can I lease or purchase commercial property as a foreigner?

Foreigners are generally restricted from owning land but can lease commercial property. Certain exceptions may apply under investment promotion laws or if the property is held by a qualified Thai company.

What should I do if my business faces legal action?

Seek prompt legal advice to understand your rights and possible defenses. A qualified business lawyer will help you navigate the process, respond to claims, and represent your interests in negotiations or court.

Additional Resources

Several organizations and governmental bodies provide information and assistance related to business law in Ratchathewi and Thailand:

  • Department of Business Development (Ministry of Commerce): Responsible for business registration and corporate filings.
  • Board of Investment (BOI): Offers guidance on foreign investment and business incentives.
  • Bangkok Metropolitan Administration: Handles local business permits and municipal regulations.
  • Office of the Consumer Protection Board: Provides consumer rights information and dispute mediation.
  • Department of Intellectual Property: For trademark, patent, and copyright protection services.
  • Thai Bar Association: Can assist in finding qualified lawyers.

Next Steps

If you believe you need legal assistance with your business in Ratchathewi, start by clearly outlining your needs and concerns. Gather relevant documents such as business registration papers, contracts, and licenses. Seek a qualified Thai lawyer or law firm specializing in business law, ideally with experience in the Ratchathewi area. Initial consultations can help you assess your options and plan an effective way forward. Stay proactive in understanding and complying with all relevant regulations to ensure the success and security of your business operations.

Lawzana helps you find the best lawyers and law firms in Ratchathewi through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Business, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Ratchathewi, Thailand - quickly, securely, and without unnecessary hassle.

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.