Articles

Foreign Business Act

Foreign Business Act

The Foreign Business Act, B.E. 2542 (1999) (“FBA”), is the principal statute regulating foreign participation in business activities in Thailand. Enacted to protect national economic

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Escrow Accounts in Thailand

Escrow Accounts in Thailand

Escrow Accounts in Thailand. An escrow account is a legal and financial mechanism that allows two parties to engage in a transaction with confidence, by

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Litigation in Thailand

Litigation in Thailand

Litigation in Thailand follows a civil law system, primarily governed by the Civil and Commercial Code, Criminal Code, Civil Procedure Code, and Criminal Procedure Code.

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Thailand Income Tax

Thailand Income Tax

Thailand income tax system applies to both individuals and corporations with income derived from sources within Thailand and, in some cases, from foreign income. The

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