Legal Section - Doing Business
You will find here a series of summaries providing an overview of useful legal regulations, processes and legal issues for Doing Business in Thailand.
Submission of Working Regulations for New Company
With effect from 29 December 2011, a new company can submit their working regulations via the Ministry of Commerce (‘MOC’) whilst submitting the application for incorporating the company.
Obtaining the Company Affidavit from all Banks
The MOC has announced that the Company Affidavit can be obtained from all banks in Thailand by e-Certificate from 20 January 2012.
New Discrimination Workplace Regulation Launched
A new positive discrimination workplace regulation for disabled workers has been launched. Employers are now obliged to hire disabled workers following the enactment of a new ministerial regulation under the Persons with Disabilities Empowerment Act B.E. 2550.
Quorum for a Company’s Shareholders Meeting
Quorum Required for a Meeting of Company’s Shareholders. According to the Civil and Commercial Code, a shareholder can appoint any person to be his/her proxy to attend the Shareholders’ Meeting and vote on his/her behalf.
Closing a Branch or Representative Office in Thailand
According to the Civil and Commercial Code (“CCC”), it is mandatory for an ordinary partnership, a registered partnership and a company limited to be liquidated after the dissolution process has been completed.