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For over 40 years, the team at Baker McKenzie, Bangkok has assisted foreign individuals and international companies who are seeking investment opportunities in Thailand.

Doing Business in Thailand is your personal guide to the key aspects of Thai law that significantly affect the way business is conducted in Thailand.

This edition covers a wide array of topics, including regulations and incentives regarding foreign investment, forms of business organizations available to foreign investors, and other regulations investors should be familiar with when planning a business venture in Thailand.

This guidebook features:

  • Thailand: An overview
  • The legal system
  • Foreign investment
  • Investment incentives
  • Forms of business organization
  • Data privacy
  • Dispute resolution
  • Financial services and fintech
  • Healthcare
  • Importing, exporting, and trade remedies
  • Insurance and insurtech
  • Intellectual property
  • Labor laws
  • Product liability
  • Real estate, hotel, resort and property development
  • Securities law and regulations
  • Taking security and enforcement in Thailand
  • Taxation
  • Technology
  • Trade competition law

For more information, please contact our Bangkok office.

 

 

Author

Peerapan Tungsuwan is a corporate and M&A partner in Bangkok office with specialties in highly regulated industries, including the healthcare industry. She is currently Chair of the AEC Healthcare Harmonization Sub-committee of Baker McKenzie's Asia Pacific Healthcare Industry Group, of which she was head from 2007-2013. Within the Bangkok office, she heads the Healthcare Industry and Natural Resources Groups and co-leads the Mergers & Acquisitions practice group and Japan Advisory Group.

Author

Wynn joined Baker McKenzie in 1995 and is currently the Managing Partner of the Bangkok Office. He is active in the Dispute Resolution, Construction, Tax & Customs, Compliance & Anti-Corruption, and Insolvency & Debt Restructuring practice groups and has served as lead counsel in many of the most significant cases and transactions in the region.

Author

Dhiraphol Suwanprateep is a partner in Baker McKenzie's Bangkok office, where he is head of the IT/Communications Practice Group and co-head of the Intellectual Property Practice Group. Mr. Suwanprateep advises clients on government initiatives, particularly Thailand's Digital Economy Initiative which promotes the local ITC sector through strategies aimed at developing related infrastructure, accelerating innovation, and transforming the country's economy into one that is based on digital technologies. His work also involves advising on the amended Computer Crime Act which increases penalties for cyber crimes. He is also a regular commentator and contributor to local, regional and global media on the government's proposed initiatives and frequently participates in local community engagements throughout the country. Dhiraphol joined Baker McKenzie in 1987 and became a partner in 1992.

Author

Pattaraphan joined Baker McKenzie in 2011 and is a Partner in the Intellectual Property and Technology practice. Before joining Baker McKenzie, she worked at the National Broadcasting and Telecommunications Commission (NBTC) as a legal officer. Pattaraphan is also one of the very few Thai lawyers that is a Certified Information Privacy Professional/Europe (CIPP/E).

Author

Aue-angkul Santirongyuth is a Legal Professional in Baker McKenzie, Bangkok office.

Author

Dharin Nantananate is an associate in Baker McKenzie's Bangkok office.

Author

Kitipong Urapeepatanapong, chairman of the Firm’s Bangkok office, is the head of the Financial Services Division and the local Tax Practice Group. He began his career as a general commercial and tax lawyer more than 30 years ago, and is now a recognized author of noted books on mergers and acquisitions, tax planning and corporate governance in Thailand. His standing in the Thai legal community is illustrated by his appointment as a key external adviser on amendments to Thailand’s bankruptcy regime.

Author

Nopporn joined Baker McKenzie in 2007 after practicing tax law with another law firm in Bangkok for seven years. He became a Partner in 2016 and is currently active in the Tax Practice Group.

Author

Jirapas Amonpiticharoen is an associate for Baker McKenzie's Bangkok office.

Author

Suriyong Tungsuwan joined Baker McKenzie in 1982 and became a partner in 1993. He is active in the areas of corporate and commercial law, mergers and acquisitions, real estate and property development, labour, employment, executive transfers, and trade regulations and customs.

Author

Nam-Ake Lekfuangfu is a partner of the Employment & Compensation Practice Group in Bangkok. He is experienced not only in employment laws but also, corporate and commercial law, mergers and acquisitions, environment and trade regulations. Over the past year, Nam-Ake was lead lawyer for a wide range of employment matters involving high profile clients. With his extensive legal knowledge, combined with insights on industrial knowledge and practices and Supreme Court rulings, Nam-Ake assists clients on employment and immigration works, ranging from day-to-day advice to complex matters, such as advising on employment trends impacting employers globally, including global mobility, the use of modern workforce and gender pay gap.

Author

Theeranit joined Baker & McKenzie in 2013 and is now one of the key partners in the Corporate and M&A and Employment & Compensation Practice Groups in Bangkok. Theeranit has been involved in servicing a wide range of clients across industry sectors, recently focusing on the Healthcare & Life Sciences, Consumer Goods & Retail and Industrial Manufacturing and Transportation industry groups. He has been handling a number of high profile clients across a wide spectrum of corporate and commercial, with a particular focus on employment, immigration, work safety as well as merger and acquisition and post-acquisition integration advice. He has steadily earned trust and recognitions from a number of Baker & McKenzie key clients on his expertise in the Thai employment laws and regulations in particular, and for his proactive and responsive approach in handling clients' matters.
Theeranit was mentioned as one of experienced associates for Labour and Employment in Thailand by Legal 500 in 2019 and "Rising Star in Labour and Employment" by Legal 500 Asia Pacific 2022 and again 2023, in 2024 Theeranit was recognized as "Next Generation Partner" in 2024 and "Up and Coming for Employment" in Thailand by Chambers Asia-Pacific 2023.

Author

Khunawut Tongkak is a Legal Professional in Baker McKenzie, Bangkok office.

Author

Benja is a partner in the Bangkok office of Baker McKenzie. She joined Baker McKenzie in 2001 and is specialized in the areas of financial products including but not limited to derivatives, structured products, structured finance, wealth management, private banking, fund management and debt capital market, especially in regard to the regulatory matters. She has been also acting as a Thai legal counsel for ISDA Association and regularly advises international banks, capital markets intermediaries, fund managers, insurance companies and other financial institutions on financial services compliance and regulatory matters. She has been recognized by several of the world's leading legal directories.

Author

Sarun Poonyabavornchai is an associate in Baker McKenzie's Bangkok office.

Author

Say Sujintaya is a partner in Baker McKenzie's Bangkok office and the regional chair of the Firm's Intellectual Property Group in Asia Pacific. She also heads the Intellectual Property and Media and Entertainment teams in Bangkok and was responsible for establishing the Intellectual Property practice of the Firm's Yangon office.

Author

Radeemada Mungkarndee is an associate in Baker McKenzie's Bangkok office.

Author

Gumpanat Mahipant is a patent consultant based in Baker McKenzie's Bangkok office.

Author

Kritiyanee joined Baker McKenzie in 2013 and is a partner in the Intellectual Property and Technology practice. She has experience in data protection, cyber security, and complex technology matters.

Drafted the legal article “the Future is Now and Its Challenges Present: How to determine IP ownership and plan for regulatory compliance in the era of Artificial Intelligence (AI) and the Internet of Things (IoT) symbiosis” published in the Intellectual Property and International Trade Court Law Journal.

Drafted the legal article “Ready or not, Here It Comes - Blockchain and Its Legal Implications” published in the Intellectual Property and International Trade Court Law Journal: Special 20th Anniversary Issue.

Author

Jenjira Yanprasart is an associate in Baker McKenzie's Bangkok office.

Author

Nont is a partner in Baker McKenzie Bangkok's Intellectual Property and Technology practice group. He has more than 25 years of experience representing a wide range of business and institutional clients in various Intellectual Property (IP) and Technology matters.

He is a Certified Information Privacy Professional Europe (CIPP/E) by the International Association of Privacy Professionals (IAPP) and is a regular contributor at events held by international and local associations on TMT issues including personal data protection laws, cybersecurity laws and many other related topics.

Author

Pornapa Luengwattanakit currently leads Baker McKenzie’s Corporate & Commercial, Tax, as well as the International Trade, Compliance & Customs practice groups in Thailand. She practices mainly in the areas of corporate restructuring, major projects, mergers and acquisitions and trade competition. Ms. Luengwattanakit joined Baker McKenzie in 1982 and became a partner in 1989.

Author

Panya Sittisakonsin joined Baker McKenzie in 2002 and became a Partner in 2012. He is currently a partner in the Tax Practice Group. He is also active in the International Commercial & Trade Practice Group, focusing on customs and supply chain issues.

Author

Keerati is a partner in Baker McKenzie's Bangkok office. He joined Baker McKenzie in 2013 and is currently active in the Tax Practice Group and the International Commercial & Trade Practice Group. Prior to joining the Firm, he worked as an in-house lawyer at a leading automotive company, at which his areas of practice were general corporate matters, labour law, intellectual property law and customs law.
With 10 years of practice in tax, customs and trade controversies, Keerati helps clients with a comprehensive range of services, including post-reviews, post-clearance audits, negotiation, settlement with relevant authorities, appeals, and litigation. He has assisted clients during all stages of business, including planning, business structuring, implementation, investment, and dispute resolution.

Author

Ampika Kumar is a Partner at the Baker McKenzie Office in Bangkok. She joined Baker McKenzie in February 2002 and is currently active in the Corporate and Commercial and Insurance practice groups. Her areas of expertise include insurance regulatory, corporate restructuring, mergers & acquisitions (both for private limited and public limited companies) and trade competition. Ampika is recognized as a "Band 2" lawyer in the area of Insurance and 'Band 1' in Competition / Antitrust for Thailand by the Chambers Asia Pacific guide.