| 05 July 2019

The Foreign Business Act (FBA) governs the scope of foreign participation in business activities in Thailand. Under the FBA, foreigners, unless otherwise exempted, are restricted from participating in certain specified businesses. Foreigners are required to obtain a foreign business licence or certificate before engaging in such activities. [Continue Reading]

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Competition | 08 May 2018

The Trade Competition Act BE 2560 (2017) (TCA), effective 4 October 2017, repeals the Trade Competition Act BE 2542 (1999). The TCA aims to improve enforcement of Thai competition law by introducing a number of new measures, including transforming the TCC into an agency independent from any government department. [Continue Reading]