Understanding Building Ownership in Thailand: Legal Options for Foreigners and Key Documentation Building ownership in Thailand offers unique legal complexities, particularly when separating land ownership from the structures built upon it. While Thai law generally assumes that the owner of a land plot is also the owner of the buildings situated on it, several legal…
Understanding the Key Differences Between Asset and Share Deals in Thailand’s M&A Landscape Introduction Choosing between an asset deal and a share deal in Thailand’s M&A market significantly shapes outcomes for buyers and sellers. What Are Asset and Share Deals? In M&A, an asset deal involves selling or purchasing specific business assets, such as equipment…
New Emergency Decree Sharpens Thailand’s Legal Response to Technological Crimes in 2025 Thailand has taken a step forward in addressing the rising challenges of technological crimes, including phone and electronic scams. On April 12, 2025, the government published amendments to the Emergency Decree on Measures for the Prevention and Suppression of Technological Crimes in the…
Unlocking Growth Through Amalgamation: What Businesses, Investors, and Legal Teams Must Know in Thailand Amalgamation is a unique legal process in Thailand that facilitates the consolidation of two or more companies into a new entity. This newly formed company assumes all the rights, obligations, and liabilities of the original entities. Applicable to both private and…
Thailand Enforces Stricter Oversight on Foreign Crypto Platforms to Protect Investors The Securities and Exchange Commission (SEC) of Thailand has introduced stricter measures to regulate foreign digital asset platforms targeting Thai investors. This move follows the implementation of the Emergency Decree on Digital Asset Businesses (No. 2) B.E. 2568 (2025) (Digital Asset Business Law) and…
Thailand Launches Mandatory Digital Arrival Card (TDAC) for Foreign Travelers Starting May 2025 Effective May 1, 2025, Thailand will officially launch the Thailand Digital Arrival Card (TDAC), a new requirement for all foreign nationals entering the country. This initiative replaces the paper-based TM6 arrival card, in an attempt to modernize the nation’s immigration procedures. The…
Overview of Mergers and Their Importance Mergers represent a fundamental aspect of mergers and acquisitions (M&A) and have become increasingly important for corporate restructuring and growth strategies in Thailand. The process involves the combination of two or more companies into a single entity, with the aim of enhancing operational efficiency, expanding market presence, and strengthening…
(Part 2 of a 4-Part Series on M&A Deals in Thailand)Â Essential Considerations for Asset Acquisitions in Thailand Asset Acquisition Process and Key Considerations When pursuing mergers and acquisitions (M&A) in Thailand, one commonly adopted approach is the acquisition of assets from the target company. Unlike a share acquisition, which involves purchasing equity in the…
Key Legal, Tax, and Compliance Considerations for Share Acquisitions in Thailand Acquiring shares in a target company is a common and effective method for executing mergers and acquisitions (M&A) in Thailand. This approach allows an investor or acquiring company to assume control of the target company by purchasing either a majority or the entirety of…
Thailand’s Minimum Wage Adjustment in 2025: Provincial Variations and Economic Impact On December 23, 2024, Thailand’s Minimum Wage Committee announced the adjustment of the minimum wage, effective January 1, 2025. This minimum wage varies by province and now ranges between 337 and 400 Baht per day. This adjustment benefits a total of 3,760,697 workers across…
BOI Opens More Land Opportunities for Foreign Businesses The Thai Board of Investment (BOI) recently announced updated regulations regarding land ownership for foreign companies. These new rules, outlined in Notification No. 16/2567 (Criteria for Granting Permission to Foreign Juristic Person Receiving Investment Promotion to Own Land for Establishment of Offices and Residences), came into effect…
Multinational enterprises face new tax obligations in Thailand, with the introduction of a 15% minimum effective tax rate under the OECD’s global tax reform framework starting January 2025. Thailand introduces a top-up tax under the OECD framework, effective January 2025, ensuring multinational enterprises with annual turnover over EUR 750 million meet a 15% tax rate….
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