THANATHIP & PARTNERS

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Publications

Our lawyers have contributed several articles to leading legal journals. We also periodically share some of our knowledge with our clients, or update them on topical legal issues, in the form of our “Legal Express” publication.

This will generally provide our clients with helpful information, or address more specific legal issues in the areas of securities and banking, especially those which we believe are of relevant interest to our platinum clients. Certain editions of our “Legal Express” publication have also included comments, as well as practical solutions, or suggestions from Thai authorities.

Legalisation of Ride-Hailing Services
June 2021
On 23 June 2021, the Ministerial Regulation on Transport Vehicles via Electronic System B.E. 2564 (A.D. 2021) was published in the Royal Gazette as the first legislation legalising ride-hailing services in Thailand.
E-meeting Law Eases Corporate Meetings
May 2021
The law on electronic meeting (e-meeting) was first introduced in Thailand in 2014 under the National Council Peace and Order No. 74/2557 (2014) Re: Electronic Meetings.
Depositary Receipts in Thailand
March 2021
Investors in Thailand wishing to invest in foreign securities may not only do so directly via local licensed securities business operators but also via certain instruments issued in Thailand such as Depositary Receipt (“DR”), Derivative Warrant (DW), Foreign Investment Fund (FIF) and Exchange Traded Fund (ETF).
Acquisition and Disposition of Assets by Listed Companies
January 2021
As a publicly listed company, a company is under a stricter compliance than a private company given larger stakeholders. The Office of the Securities and Exchange Commission (the "SEC"), the Capital Market Supervisory Board and the Stock Exchange of Thailand (the "SET') have prescribed specific regulations to monitor activities of listed companies, in particular, concerning an acquisition and deposition of material assets pursuant to (i) the Notification of the Capital Market Supervisory Board Notification No. TorJor. 20/2551 entitled Rules on the Entering into Material Transactions Deemed as the Acquisition or Disposition of Assets (as amended) and (ii) the Notification of the Board of Governors of the Stock Exchange of Thailand entitled Disclosure of Information and Other Acts of the Listed Company Concerning the Acquisition and Disposition of Assets, 2547 (2004) (as amended) (the "Major Transaction Rules").
Principal Forms of Business Entity in Thailand
October 2020
Businesses may be incorporated and operated in many forms in Thailand depending on the business owner’s purposes. For instance, they could be operated in a form of an ordinary partnership, limited partnership, limited company, branch office, representative office and reginal office. However, the principal forms of business entity which are most commonly adopted in Thailand comprise a private limited company and a public limited company with further details as set out below.
Thailand Personal Data Protection
August 2020
In light of the ever-growing importance of data privacy, the Personal Data Protection Act B.E. 2562 (A.D. 2019) (the “PDPA”) was published in the Royal Gazette in May 2019 with only certain of its administrative parts (primarily those concerning a set up of the Personal Data Protection Commission (the “Commission”) and the Office of the Personal Data Protection Commission (the “Office”) became effective the day after its publication.