Disagreements can disrupt business operations and impact profitability. To minimize the risk of disruptions, companies should include clear Thailand dispute resolution clauses in contracts and ensure compliance with local laws and international trade agreements. Arbitration is a formal process where disputing parties submit their dispute to one or more arbitrators who render a binding decision […]
Thailand’s labor regulations are meticulously designed to cultivate a work environment that thrives on productivity and harmony. Adhering to these laws isn’t just a legal obligation, it’s also an investment in your employees. Moreover, it’s imperative that employers understand the available grievance mechanisms for their workers—especially migrants. Failure to do so can expose your business […]
The Foreign Business Act B.E. 2542 (1999) is a cornerstone of Thailand’s legal framework, regulating foreign participation in the country's economy. Enacted to protect Thai enterprises and ensure balanced economic growth, the FBA defines the extent to which foreign nationals or entities can engage in various industries. 1. Objectives of the FBA The FBA aims […]