Legal Section - Doing Business
You will find here a series of summaries providing an overview of useful legal regulations, processes and legal issues for Doing Business in Thailand.
New Discrimination Workplace Regulation Launched
A new positive discrimination workplace regulation for disabled workers has been launched. Employers are now obliged to hire disabled workers following the enactment of a new ministerial regulation under the Persons with Disabilities Empowerment Act B.E. 2550.
Quorum for a Company’s Shareholders Meeting
Quorum Required for a Meeting of Company’s Shareholders. According to the Civil and Commercial Code, a shareholder can appoint any person to be his/her proxy to attend the Shareholders’ Meeting and vote on his/her behalf.
Closing a Branch or Representative Office in Thailand
According to the Civil and Commercial Code (“CCC”), it is mandatory for an ordinary partnership, a registered partnership and a company limited to be liquidated after the dissolution process has been completed.
Empowering any Person to Sign Documents
Generally, unless otherwise provided by laws or regulations, a company’s authorised director(s) can issue a Power of Attorney to empower any person to sign documents on behalf of the company.
Share Capital for Wholesale and Retail Businesses
The Department of Business Development (‘DBD’) issued a clarification letter on 21 October 2010 to confirm the interpretation of minimum share capital required for wholesale and retail businesses.