ILN: ESTABLISHING A BUSINESS ENTITY: AN INTERNATIONAL GUIDE

[ESTABLISHING A BUSINESS ENTITY IN THAILAND] 488

realistic billing policies and personal contact and attention. The Corporate Department is a one-stop corporate solution for all business types and represents multinational corporations, small & medium-sized enterprises, local companies, and Thai and foreign small businesses. The firm’s corporate practice handles the formation of all kinds of juristic entities including, but not limited to, public limited companies, limited liability companies, joint ventures, consortiums, and branch and regional offices. Other matters covered include reorganizations and restructurings, investments, mergers and acquisitions, due diligences along with obtaining special benefit privileges and incentives from government agencies including the Thailand Board of Investment (BOI) and Industrial Estate Authority of Thailand (IEAT). This department also advises on and drafts contracts and other business and legal documents and offers full corporate secretary services. The Corporate team combines transactional expertise with comprehensive experience in all areas of law relevant to establishing and operating a business in Thailand and regularly handles a wide range of complex domestic and cross-border corporate and commercial matters.

carries a (criminal) fine only be replaced by a regulatory fine effective from June 22, 2023 according to the Act on Regulatory Fines B.E. 2565 (2022). This is the first ever change for Thailand to denounce or decriminalize all criminal offence for fines only to be regulatory fines. *** Dej-Udom & Associates Ltd., an independent law firm in Bangkok, Thailand, provides legal services to a diverse client base that ranges from leading multinational corporations to local companies and individuals. The firm supplies partner-led service in the practice areas of Litigation, Immigration & Employment, Intellectual Property, Corporate Law and Services, Taxation, and Financial Markets and Investment to clients who value expert counsel and astute representation coupled with

ILN Corporate Group – Establishing a Business Entity Series

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