Foreign Ownership of Land Under Consideration (Again)
The Bangkok Post is reporting that the Thai government is again considering opening up land ownership to foreigners in Thailand. Foreigners are generally prohibited from owning land in Thailand, and this often comes as a surprise to foreigners from more open and developed jurisdictions where there are no such restrictions. Not surprisingly, this is generating controversy and cynicism about...
Anti-CorruptionAnti-Money LaunderingAnti-Trust & Trade Competition RegulationCommercialCompany Formation, Corporate Advice & Corporate Secretarial ServicesConstruction & PropertyCorporate/M&AData Protection & Information TechnologyDispute ResolutionEmployment LawFinancing & TradeFranchising AgreementsInsolvency & RestructuringInvestments & Company Formation29 November, 2020by Legal Analytics
Top 12 Things to Keep in Mind When Planning on Doing Business in Thailand
The top 12 things to keep in mind when planning to do business in Thailand:
1. Foreign Ownership of Companies and Land: This is often a surprise for business people and lawyers operating in more open economies, but foreigners are prohibited from owning land (absent narrow exceptions) and foreign majority owned businesses are prohibited from engaging in a wide range of...