His Majesty King Bhumibol Adulyadej is graciously pleased to proclaim that: Whereas it is expedient to revise the law on foreign businesses; Whereas it is aware that this Act contains certain provisions in relation to then restriction of rights and liberties of persons, in
Author Archives: skyinterlegal
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Apr
Apr
In today’s digital economy, financial transactions increasingly occur through messaging applications, such as LINE and WhatsApp. But when disputes arise, an important legal question emerges: Can a simple chat message serve as a legally binding evidence of a loan? The Supreme Court addressed this issue in the recent Supreme Court Judgment No. 3622/2568, offering
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Mar
Mar
For U.S. companies looking to expand into Southeast Asia, the U.S.–Thailand Treaty of Amity offers a unique and powerful advantage. This Treaty allows eligible American businesses to operate in Thailand with significantly fewer restrictions compared to other foreign investors. Understanding how to properly utilize this Treaty is essential to successfully set up a company in
Laws
Fraudulent Transfer to Avoid Debt Enforcement: Key Insights from Supreme Court Judgment No. 7430/2568
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Mar
Mar
In an important ruling, the Thai Supreme Court Judgment No. 7430/2568 reaffirmed strict legal consequences for debtors who attempt to evade enforcement of a judgment by transferring their assets to third parties. This decision provides valuable guidance for both creditors seeking to enforce judgments and debtors navigating legal obligations. Key Facts The co-plaintiff was
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Mar
Mar
In 2025, Thailand has recently taken a significant step in reforming its debt enforcement framework by approving a reduction in enforcement-related fees. This policy—driven by the government and the Ministry of Justice—aims to alleviate financial pressure on debtors while promoting more efficient and accessible enforcement proceedings. The reform reflects a broader policy direction toward balancing
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Assignment of Claims and Fraudulent Transfers under Thai Law: Expanding Creditor Protection in 2026
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Mar
Mar
Fraudulent transfers—transactions made by a debtor to prejudice creditors—remain a critical issue in Thai civil law. Section 237 of the Thai Civil and Commercial Code (CCC) provides a creditor with a powerful remedy — the right to revoke the fraudulent transfers made by the debtor. Back in 2012, in the Supreme Court Decision No.15037/2555, the
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BOI Introduces Measures to Promote Joint Ventures Between Thai and Foreign Companies in Automotive Parts Manufacturing in 2026
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Mar
Mar
Thailand’s automotive industry continues to play a crucial role in the country’s industrial and export sectors. To strengthen the competitiveness of the automotive supply chain and encourage technology transfer, the Thailand Board of Investment (BOI) has introduced new investment promotion measures encouraging joint ventures between Thai and foreign companies in automotive parts manufacturing. The measure
16
Mar
Mar
Thailand continues to position itself as a leading investment destination in Southeast Asia. In early 2026, the Thailand Board of Investment (BOI) introduced new investment stimulus measures aimed at accelerating economic recovery and encouraging large-scale investment projects in the country. The policy was formally announced through the new Board of Investment Announcement No. 3/2569: Investment
Laws
Board of Investment Announcement No. 3/2569 Re: Investment Stimulus Measures for Economic Recovery
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Mar
Mar
With reference to the Board of Investment Announcement No. 8/2565 dated 8 December 2022 regarding the Investment Promotion Policies and Criteria, in order to encourage large-scale entrepreneurs to undertake actual investments in major projects in Thailand in greater numbers; By virtue of Sections 16 and 35 of the Investment Promotion Act B.E. 2520 (1977)
Laws
Board of Investment Announcement No. 5/2569 Re: Measures to Promote Joint Ventures Between Thai and Foreign Companies in Automotive Parts Manufacturing
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Mar
Mar
With reference to the Board of Investment Announcement No. 8/2565 dated 8 December 2022 regarding Investment Promotion Policies and Criteria, and the Board of Investment Announcement No. 9/2565 dated 8 December 2022 regarding Investment Promotion Measures for Industries Important to National Development; In order to encourage and support foreign entrepreneurs in the automotive parts