Best Due Diligence Lawyers in Chiang Mai

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SIAM LEGAL INTERNATIONAL

SIAM LEGAL INTERNATIONAL

1 hour Free Consultation
Chiang Mai, Thailand

Founded in 2003
55 people in their team
English
Thai
Siam Legal International is a premier full-service law firm headquartered in the heart of Bangkok. Established with a vision to bridge legal intricacies between local Thai and international cultures, we have become a trusted partner to a diverse range of clients, especially expatriates who choose...

Legal guides written by SIAM LEGAL INTERNATIONAL:

  • The Penalties Of Not Filing Your Income Tax Return As A Foreigner In Thailand
  • TM6 (TDAC) Explained: How the New Thailand Digital Arrival Card Works
  • Updates To The Thailand Elite Visa For 2025
KITTIWAT LAWYER

KITTIWAT LAWYER

Chiang Mai, Thailand

Founded in 2017
7 people in their team
English
Chinese
Thai
About UsKittiwat Lawyer: Navigating Thailand's Legal Landscape with Precision and DedicationSituated strategically in Thailand's vibrant epicenter, Kittiwat Lawyer stands as a beacon of premier legal service, renowned for its comprehensive offerings that cater to an eclectic clientele ranging from...
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Lanna Lawyers

Lanna Lawyers

Chiang Mai, Thailand

Founded in 2007
50 people in their team
Thai
English
Lanna Lawyers is an Expat focused professional general practice law firm in Chiang Mai, Thailand that provides dedicated and focused legal advice and services primarily to expats and Thai nationals. Our practice includes a number of specializations including Family, Business/Corporate,...
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Lexiam Law

Lexiam Law

Chiang Mai, Thailand

Founded in 2012
10 people in their team
English
Thai
Lexiam is a full-service law firm focusing on corporate, merger and acquisition, commercial, investment, property, and intellectual property practice.We have practised on a broad range of matters, competently and cost-effectively, with clear, honest, and timely advice, based on expert knowledge,...
CNX Legal Consultant

CNX Legal Consultant

Chiang Mai, Thailand

Founded in 2007
50 people in their team
Thai
English
Chiang Mai Lawyer, formally known as Chiangmai Legal and Real Estate Consult Co. Ltd., was founded by Attorney Boonchai Nitibordeeborriruk, a licensed lawyer in Thailand who has been in business and the practice of law for many years.The law firm has its corporate headquarters in the San Khampaeng...
AD Legal Firm

AD Legal Firm

Chiang Mai, Thailand

Founded in 2013
4 people in their team
Thai
English
AD Legal Firm is a firm that specializes in serving the legal & accounting needs of small to medium businesses, and their owners, directors, and personnel.The firm is formed by Mr. Krit Suktakchan after almost 20 years of experience in commercial legal & accounting businesses in both...
Atlas Partners Law

Atlas Partners Law

1 hour Free Consultation
Chiang Mai, Thailand

Founded in 2019
10 people in their team
Thai
Chinese
English
Atlas Partners Law: Bridging Legal Boundaries in Chiang MaiLocated in the heart of Chiang Mai, Thailand, Atlas Partners Law stands as a beacon of legal expertise and guidance. With a diverse team of skilled attorneys, we pride ourselves on our ability to offer legal services tailored to both local...
Thai Lanna Law Office

Thai Lanna Law Office

Chiang Mai, Thailand

Founded in 2002
50 people in their team
Thai
English
A professional law firm in the north of Thailand that provides dedicated legal advice and services primarily to expats and Thai nationals, with a focus on Family, Corporate, Civil, and Real Estate law.As a family-owned and operated law firm in Chiang Mai, Thailand, we take pride in offering helpful...
CSS Law Office Ltd.

CSS Law Office Ltd.

Chiang Mai, Thailand

Founded in 2000
50 people in their team
Thai
English
HISTORYCSS Law Office Co., Ltd. was established by a group of lawyers. and colleagues with the same ideology which is willing and ready to serve customers or providing legal and accounting advice The team of legal and accounting consultants of CSS Law Office Co., Ltd. has legal expertise in all...
Chartdee & Banning Lawfirm

Chartdee & Banning Lawfirm

Chiang Mai, Thailand

Founded in 2005
50 people in their team
Thai
English
At CB Law firm, we work based on a transparent process.Our clients have a choice as to what basis of engagement agreement they want to work with us:– Scope of work – Hourly charge– RetainerMost of our clients choose to work on a Scope of Work basis.Under Scope of Work an...
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About Due Diligence Law in Chiang Mai, Thailand

Due diligence in Chiang Mai, Thailand, involves a comprehensive appraisal of a business, partnership, or real estate transaction to establish its assets, liabilities, and overall health. In the vibrant commercial landscape of Chiang Mai, legal due diligence ensures that all regulatory, financial, and operational aspects are scrutinized prior to the finalization of a transaction. This process helps mitigate risks associated with investments and business dealings, providing a clearer understanding of what is being acquired or invested in.

Why You May Need a Lawyer

There are several scenarios in which you might require legal expertise in due diligence:

  • Mergers and Acquisitions: When buying or merging with another company, legal due diligence is imperative to understand financial standings, legal obligations, and future liabilities.
  • Real Estate Purchases: Ensuring property titles are clear and there are no hidden encumbrances or zoning issues.
  • Investment Evaluations: For investors looking to evaluate the viability of investing in local businesses or startups.
  • Franchise Agreements: Assessing the financial and legal health of entities before entering into franchise agreements.

Local Laws Overview

Chiang Mai, while offering a unique and favorable business environment, operates under Thai national laws that are applicable to due diligence across multiple sectors:

  • Foreign Business Act: Restricts foreign ownership and influences how due diligence is conducted for foreign investors.
  • Property Laws: Specific regulations that govern the acquisition and leasing of property by foreigners and companies.
  • Corporate Governance: Guidelines for transparency, accountability, and best practices for operating businesses legally in Thailand.
  • Taxation and Financial Regulations: Important for assessing financial liabilities and historic compliance in any due diligence process.

Frequently Asked Questions

What is due diligence?

Due diligence is a comprehensive investigation or audit of a potential investment or product to confirm all facts, such as reviewing financial records plus anything else deemed material.

Why is due diligence important in business transactions?

Due diligence helps identify potential risks and liabilities, ensuring informed decision-making in business transactions and investments.

How long does the due diligence process take?

The duration depends on the complexity of the transaction, averaging from one week to several months.

Can due diligence be performed by someone without legal training?

While basic due diligence can be conducted without legal expertise, a comprehensive assessment often requires professional legal counsel.

What are the costs associated with legal due diligence?

Costs vary greatly depending on the transaction’s complexity, the scope of the investigation, and legal fees.

How can foreign investors ensure proper due diligence in Chiang Mai?

Engage local legal experts familiar with Thai laws to provide insight and ensure compliance with regulatory conditions.

What happens if a company fails to perform due diligence?

The company may face legal, financial, or reputational risks from unforeseen liabilities or compliance issues.

Is due diligence required by law in Thailand?

While not legally required, due diligence is a prudent practice ensuring decision-makers are well-informed.

Can due diligence impact future tax liabilities?

Yes, uncovering tax obligations during due diligence can influence future tax liabilities and strategic decisions.

Are there specific due diligence rules for real estate in Chiang Mai?

Real estate due diligence must consider Thai property laws, foreign ownership regulations, and local zoning ordinances.

Additional Resources

For those seeking further information or assistance, consider consulting the following resources:

  • Board of Investment Thailand (BOI): Offers guidelines on foreign business operations and investments.
  • Ministry of Commerce Regional Office: Provides advice and information on business regulations.
  • Real Estate Investment and Services Associations: Groups that can offer insights and advice on real estate transactions.

Next Steps

If you are interested in conducting due diligence in Chiang Mai, Thailand, it is advisable to consult with a local lawyer knowledgeable in this field. Start by reaching out to legal firms that specialize in due diligence to discuss your specific situation and requirements. Consider visiting legal consultations and company registry offices for preliminary advice. Also, ensure to request a detailed proposal and understand all costs involved before proceeding.

Lawzana helps you find the best lawyers and law firms in Chiang Mai 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 Due Diligence, 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 Chiang Mai, 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.