Superficies in Thailand
Superficies in Thailand. Foreigners in Thailand face restrictions on land ownership under the Land Code Act and related legislation. While direct land ownership is limited, there are legal mechanisms to secure rights over property. One such mechanism is the right of superficies, which allows an individual to own buildings, structures, or plantations upon land belonging […]
Usufruct in Thailand
Usufruct in Thailand. A usufruct (right to use and enjoy another’s property) is one of the principal “real rights” under Thai property law. It gives the usufructuary the possession, use, management and benefit (fruits/rent) of immovable property owned by someone else, while ownership (the “bare” or naked ownership) remains with the owner. Usufructs are governed […]
Escrow Accounts in Thailand
Escrow accounts in Thailand serve as an intermediary financial mechanism designed to protect contracting parties by ensuring that payment and asset transfer conditions are met before funds are disbursed. Common in property transactions and increasingly relevant in commercial deals, the use of escrow accounts in Thailand remains restricted by statutory requirements, banking practices, and regulatory […]
Title Deeds in Thailand
Title deeds in Thailand are formal instruments issued by the Department of Lands under the Ministry of Interior, representing either ownership or possessory rights to immovable property. Unlike jurisdictions with a Torrens or common-law deed system, Thailand employs a state-controlled, cadastral system, where the title’s legitimacy and rank depend on survey standards, administrative issuance, and […]
Foreign Business Act
The Foreign Business Act B.E. 2542 (1999) (FBA) governs which business activities foreigners can or cannot engage in within Thailand. It is a crucial legal framework designed to preserve certain sectors for Thai nationals while allowing limited foreign participation under regulated conditions. Foreign investors must understand the FBA fully to ensure lawful business operations and […]
Grounds for Divorce in Thailand
Grounds for Divorce in Thailand. Divorce in Thailand may be pursued through either mutual consent or judicial process. When one party does not agree to dissolve the marriage voluntarily, the other must seek a court decree based on recognized legal grounds for divorce. This article focuses on the latter: the statutory grounds for contested divorce […]
Translation and Legalization in Thailand
Translation and Legalization in Thailand. In an increasingly globalized world, the need for accurate translation and proper legalization of documents is paramount, especially for individuals and businesses operating across borders. Thailand, as a key player in Southeast Asia’s economic and legal landscape, has specific requirements and processes for translating and legalizing documents. Whether for business […]
Thai Business Partnerships
A Thai business partnership is a legal structure where two or more individuals or entities join together to conduct business. Partnerships in Thailand are governed by the Civil and Commercial Code and can be classified into three types: ordinary partnership, registered ordinary partnership, and limited partnership. Each type has distinct characteristics regarding liability, registration requirements, […]
Litigation in Thailand
Litigation in Thailand is a legal process conducted through the country’s courts to resolve disputes between individuals, entities, or the state. Governed by the Civil and Commercial Code, Criminal Code, and procedural laws, litigation covers civil, criminal, and administrative matters. The Thai judiciary ensures fairness and adherence to the rule of law, while procedural steps […]
Property Taxes in Thailand
Property Taxes in Thailand. Thailand’s property tax system has evolved significantly over recent years, reflecting the nation’s efforts to modernize its tax structure and ensure sustainable revenue for local governments. For property owners, investors, and prospective buyers, understanding these tax regulations is crucial to managing costs and making informed decisions. This article delves deep into […]