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.
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.
Empowering any Person to Sign Documents
Generally, unless otherwise provided by laws or regulations, a company’s authorised director(s) can issue a Power of Attorney to empower any person to sign documents on behalf of the company.
Share Capital for Wholesale and Retail Businesses
The Department of Business Development (‘DBD’) issued a clarification letter on 21 October 2010 to confirm the interpretation of minimum share capital required for wholesale and retail businesses.