Best Business Lawyers in Thailand

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GPS Legal

GPS Legal

Bangkok, Thailand

Free Consultation: 15 mins


Founded in 2014
12 people in their team
We are GPS Legal, a full-service law firm providing legal counsel to resident and overseas individuals, local and regional SMEโ€™s, and global...
English
Thai

Legal guides written by GPS Legal:

  • Land Ownership in Thailand: Title Deeds
  • Thailandโ€™s SMART Visa program: What you should know
  • Estate planning goes beyond wills
SORASAK LAW

SORASAK LAW

Bangkok, Thailand

Founded in 2003
15 people in their team
Sorasak Law Office and International Consultants Co., Ltd. 20 Years of providing our clients a wide range of legal services and complete...
English
Thai
Smart Legal Solutions

Smart Legal Solutions

Bangkok, Thailand

Founded in 2016
9 people in their team
We are experts assisting foreign clients to conduct their business and protect their investment in Thailand.Since one of the main concerns of foreign...
English
Thai
Spanish

Legal guides written by Smart Legal Solutions:

  • Main Legal Measures to Protect Foreign Investment in Thailand
  • Legal Protection of Foreign Investment in Thailand
  • The importance of the geographical indications for the Thai economy
Legal ASEAN

Legal ASEAN

Bangkok, Thailand

Founded in 2018
10 people in their team
About UsAt Legal ASEAN, we are dedicated to delivering bespoke legal services that cater to the distinct requirements of both local and global...
English
Thai
Lafs Legal

Lafs Legal

Bangkok, Thailand

Free Consultation: 30 mins


Founded in 2022
10 people in their team
About Us: LAFS Legal, situated in the heart of Bangkok, stands as a distinguished boutique law firm that epitomizes dedication and precision. We...
Thai
English
Russian
Anona International And Consultancy Co.,  Ltd.

Anona International And Consultancy Co., Ltd.

Bangkok, Thailand

Free Consultation: 1 hour


Founded in 2020
10 people in their team
Anona International And Consultancy Co., Ltd. WHO WE AREWe are a team of highly skilled and experienced lawyers with a full-service law firm...
English
Thai
Business in Siam Co., Ltd.

Business in Siam Co., Ltd.

Bangkok, Thailand

Free Consultation: 15 mins


Founded in 2013
5 people in their team
Your lawyer in Thailand. We speak English, Swedish, German & Thai. With a focus on Decedent estates, Succession, Testaments in Thailand. We are...
Swedish
Thai
English
German
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KITTIWAT LAWYER

KITTIWAT LAWYER

Chiang Mai, Thailand

Founded in 2017
7 people in their team
About UsKittiwat Lawyer: Navigating Thailand's Legal Landscape with Precision and DedicationSituated strategically in Thailand's vibrant epicenter,...
English
Chinese
Thai
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G.A.M. Legal Alliance

G.A.M. Legal Alliance

Bangkok, Thailand

Founded in 2011
9 people in their team
GAM Legal Alliance as a Thai law firm, is one of the leading law firms in Thailand and is well established in Bangkok. Speak to us today for legal...
English
Thai
French
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Mahanakorn Partners Group Co., Ltd

Mahanakorn Partners Group Co., Ltd

Bangkok, Thailand

Founded in 1999
30 people in their team
The Mahanakorn Partners Group (MPG) is a leading professional services firm, whose mission is to be a One-Stop Platform to assist virtually any...
English
Italian
German
Swedish
Russian
Thai
French
Chinese
Japanese
View profile

Thailand Business Legal Questions answered by Lawyers

Browse our 9 legal questions about Business in Thailand and the lawyer answers, or ask your own questions for free.

What are the requirements for BOI promotion in Thailand?
Business
Business Registration
There 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 based on this category The company can meet the minimum capital investment sum The company is registered under Thai law The company meets all of the business requirements
What are the benefits of registering a company in Thailand under the US-Thai Treaty of Amity?
Business Registration
Business
The US-Thai Treaty of Amity offers several advantages for U.S. corporate and individual investors to operate businesses in Thailand. There are two key trade advantages for investors: The Treaty permits U.S. nationals to retain either the majority of shares or all the shares of a Thai limited company or establish a Branch Office or Representative Office in Thailand without applying for a Section 17 Foreign Business License. U.S. nationals may operate a business in the same way as Thai nationals and are exempt from the majority of foreign investment restrictions as outlined in the Foreign Business Act.
What benefits can my company enjoy under the Board of Investment (BOI) promotion?
Business
Business Registration
Once 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 materials used in production for export Non-tax incentives

About Business Law in Thailand

Business law in Thailand is a broad field that covers both local and international commercial transactions and the formation and management of business entities. In Thailand, business law is underpinned by the Thai Civil & Commercial Code. Over the years, the Code has seen various amendments making it compatible with the modern era and aligning with international commercial practices. The law touches on several areas such as company registration, taxation, employment, intellectual property rights, competition, and dispute resolution. Having knowledge of these laws is vital for the smooth operation and success of any business venture in Thailand.

Why You May Need a Lawyer

In Thailand, a lawyer's advice and representation can be vital in various scenarios. For example, when starting a new business, a lawyer can assist with the legalities of business formation and registration, creating partnership agreements, and understanding tax obligations. A lawyer's help is also essential in commercial transactions involving contracts, representing clients in business disputes, help mitigate potential legal risks, navigating regulatory compliances, managing intellectual property rights and in the unfortunate incident of business liquidation or bankruptcy.

Local Laws Overview

The Thailand legal landscape has several laws that significantly impact businesses. These include the Civil and Commercial Code that provides general guidelines on running businesses, the Labor Protection Act, which dictates employee rights and benefits, the Revenue Code for tax issues, the Foreign Business Act spelling out guidelines for foreign investors, and various other laws on competition, intellectual property rights, and data protection. Consequently, businesses in Thailand must adhere to these laws to ensure legal compliance and to avoid potential liabilities or legal disputes.

Frequently Asked Questions

1. What legal form can a business take in Thailand?

The Thailand Civil and Commercial Code allows for various types of business entities. These include partnerships, limited companies, and public limited companies.

2. Can foreigners start businesses in Thailand?

Yes, foreigners can start businesses in Thailand. They, however, face certain restrictions under the Thai Foreign Business Act, which limit foreign ownership of some business types.

3. What are the main taxes that a business needs to pay?

All businesses in Thailand are subject to corporate income tax, value-added tax (VAT), specific business tax (SBT), and withholding tax (WHT).

4. How does intellectual property law work in Thailand?

Thailand offers protection for intellectual property rights, including trademarks, patents, copyrights, and geographical indications.

5. What is the process of labor dismissal under Thai law?

The process of labor dismissal is regulated by the Labor Protection Act. It outlines cases in which an employer can dismiss an employee and the necessary compensation.

6. Are there any special considerations for e-commerce businesses in Thailand?

E-commerce businesses are governed by the Electronic Transactions Act and other related laws. These relate to data protection, online advertising, and online consumer protection.

7. Does Thailand allow for business monopolies?

No, Thailand's Trade Competition Act prohibits monopolistic business practices to ensure fair competition.

8. Can a foreign investor own land for business operations in Thailand?

Generally, foreign investors are prohibited from owning land in Thailand. However, there are exceptions such as investing a large amount of capital in the country.

9. How is dispute resolution handled in Thailand?

Thailand recognizes both litigation and alternative dispute resolution mechanisms such as arbitration and mediation.

10. What are the main legal risks involved in doing business in Thailand?

The main legal risks include non-compliance with local laws, tax evasion allegations, employment disputes, breaches of contracts, and intellectual property issues.

Additional Resources

There are several resources that can be helpful for anyone seeking legal advice on business in Thailand. These include the office of the Thailand Board of Investment (BOI), the Ministry of Labor for employment-related issues, and the Department of Business Development (DBD) for matters related to business registration and operations. You may also consider joining local business chambers and forums that provide collective knowledge and assistance.

Next Steps

If you need legal advice or assistance about business operations in Thailand, your first step should be to seek out a lawyer or law firm that specializes in Thai Business Law. A knowledgeable legal professional will help navigate the intricacies of Thai business law, simplify the complexities for you, and ensure that you operate within the legal realms for a successful business venture in Thailand.

Disclaimer:
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.