April 19, 2011

Legal Orientation for Foreign Directors

Thailand: Legal Developments, Tilleke & Gibbins Client Newsletter

Many foreigners hold the high and respected position of director of their respective companies because they know how to manage a company, run a business, make profits, etc. But acting in that capacity, do they know how to comply with Thai law? In other words, do they know and understand what the legal implications of the job are? This article will discuss certain basic legal requirements and responsibilities as well as practice guidelines which new directors should be familiar with.

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