Foreign Business

Barrister Garn Tuntasatityanond reviewing shareholder agreements for a Thai 51:49 company, with a fact-check statement dated 25 October 2026.

Side Agreements in Thai 51:49 Companies: Can They Protect Your Investment?

Side agreements in Thai 51:49 companies are not automatically invalid. However, contracts designed to evade foreign business or land-ownership restrictions may be unenforceable and can jeopardise recovery of money. A Thai-majority shareholding ratio is not a guarantee of legality: the ownership tests, funding, actual rights and purpose of the arrangement all matter.

Side Agreements in Thai 51:49 Companies: Can They Protect Your Investment? Read More »

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Decoding Thailand’s VAT: A Guide for Foreign Businesses and Consumers by a Law Firm in Bangkok

Foreign businesses entering Thailand’s market face unique VAT challenges. Our guide offers crucial insights into Thailand’s VAT system, covering registration, applicable rates, and refund processes. With expert advice from Siam Center Law Group, ensure your business navigates the Thai tax landscape effectively, setting a strong foundation for success in the vibrant Thai economy.

Decoding Thailand’s VAT: A Guide for Foreign Businesses and Consumers by a Law Firm in Bangkok Read More »

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