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May 2, 2025

Practical Law: Doing Business in Thailand 2025

Attorneys from Tilleke & Gibbins have updated the latest edition of Doing Business in Thailand, a Q&A-style guide from Thomson Reuters Practical Law that offers an overview of key legal considerations for companies operating in jurisdictions worldwide. The contribution outlines the country’s legal and regulatory framework for foreign investment and business operations and reflects the latest legislative developments.

The chapter addresses the following core topics:

  • Legal system: Structure of the courts and the codified nature of Thai law.
  • Foreign investment: Business restrictions under the Foreign Business Act, sector-specific regulations, exchange control rules, and investment incentives.
  • Business vehicles: Overview of partnerships, private and public limited companies, and other legal entities.
  • Employment: Labor protections, employment contracts, foreign worker requirements, and termination procedures.
  • Tax: Corporate and personal income tax, indirect taxes, and tax obligations for residents and non-residents.
  • Intellectual property: Registration and enforcement of patents, trademarks, designs, and copyrights.
  • Data protection: Key provisions of the Personal Data Protection Act and related compliance obligations.
  • Competition law: Regulatory framework under the Trade Competition Act.
  • Anti-bribery and corruption: Relevant legislation and enforcement mechanisms.
  • E-commerce and digital business: Legal regime for online transactions and digital platforms.
  • Marketing and advertising: Consumer protection laws and regulations affecting advertising and marketing practices.
  • Product regulation and liability: Safety standards, liability regimes, and roles of enforcement authorities.

Practical Law, a legal reference resource from Thomson Reuters, publishes a range of guides for hundreds of jurisdictions and practice areas. The insurance and reinsurance guide is a valuable resource for legal practitioners, covering numerous jurisdictions worldwide.

To view the latest version of the guide, please visit the Practical Law website and enroll in the free Practical Law trial to gain full access.

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