Intellectual Property in Thailand
Intellectual property (IP) is a cornerstone of innovation, creativity, and economic growth in Thailand. As businesses, entrepreneurs, and creators increasingly rely on intangible assets—such as inventions, designs, brands, and artistic works—understanding the structures of intellectual property in Thailand is critical. Properly structured IP rights protect creations from unauthorized use, enhance market competitiveness, and provide legal […]
Property Due Diligence in Thailand
Property investment in Thailand offers tremendous opportunities due to the country’s growing economy, vibrant tourism sector, and strategic location in Southeast Asia. However, like any investment, purchasing property in Thailand carries inherent risks. Property due diligence is a critical process that ensures buyers understand what they are acquiring, the legal status of the property, and […]
Property Leasehold in Thailand
Property Leasehold in Thailand. Thailand’s property market attracts both domestic and international investors seeking residential, commercial, and investment opportunities. However, Thailand maintains strict restrictions on foreign ownership of land, which often requires alternative legal structures for foreign individuals and businesses wishing to control or use property. One of the most common legal arrangements used in […]
Usufructs in Thailand
Usufructs in Thailand (known in Thai as “สิทธิ์ใช้อาศัย” or “สิทธิเก็บกิน”) is a real right under the Civil and Commercial Code (CCC) that allows one person (the usufructuary) to use and benefit from another’s immovable property, usually land or a house, without acquiring ownership. The right is personal and non-transferable unless otherwise agreed, and it can […]
Escrow Accounts in Thailand
Escrow Accounts in Thailand. Escrow accounts serve as a critical financial instrument in Thailand’s real estate and business transactions, providing security and trust between transacting parties. These accounts, which hold funds or assets in trust until contractual conditions are met, play an increasingly important role in high-value transactions involving foreign investors, property purchases, and corporate […]
Thai Will and Succession
If a person dies without leaving a will, his assets and possessions are distributed among his statutory heirs under Section 1635 of the Thai Civil and Commercial Code. These include descendants; parents; brothers and sisters, including half-brothers and half-sisters; grandparents; and uncles and aunties. A valid will can be made in the form of a […]
Property Title Transfer in Thailand
Property Title Transfer in Thailand is a critical step in ensuring legal ownership rights and protecting your investment. This process requires careful attention to Thai laws and regulations, as well as knowledge of necessary documentation, procedural steps, fees, taxes, and potential challenges. The most preferred land title deed in Thailand is the Chanote (Nor Sor […]
Sales Contract Review in Thailand
A Sales Contract Review is a critical due diligence service for foreign buyers in Thailand. This process clarifies ambiguity, reduces liability, and strengthens the buyer’s position in case of a dispute. It also ensures that the contract includes accurate information and complies with government regulations. A lawyer specializing in this process will read the contract […]
Buying Property in Thailand
Generally speaking, foreigners are not allowed to buy land in Thailand. Instead, they typically opt to purchase a condominium or apartment. A good property lawyer is essential to the buying process. This professional will ensure all legal requirements are met and protect your investments. They will also help with negotiating and drafting leasehold or freehold […]
Leasehold Property in Thailand
Leasehold property in Thailand is a popular option, particularly for foreigners, due to strict laws on land ownership. A leasehold grants the tenant the right to use the land or property for a fixed period, typically 30 years, with options to renew. The structure, while legally complex, provides a long-term solution for those seeking to […]