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Professional Corporate Services

Company Registration services.

26/05/2025

🏢 OAG Building Collapse: A Wake-Up Call on Directors’ Legal Liability in Thailand 🏢
The recent collapse of the Office of the Auditor General (OAG) building in Thailand is a stark reminder: Company directors are not just figureheads they carry significant legal responsibilities.
Neglecting duties, approving unsafe decisions, or acting in bad faith can lead to personal liability, both civil and criminal. In some cases, directors may be prosecuted alongside the company if their actions (or inactions) are proven to have contributed to the damage.
Key Legal Provisions in Thailand
For directors in Thailand, understanding the following legal provisions is crucial:
• Civil Liability (e.g., The Civil and Commercial Code):
o Section 420 (Tort): Directors may be liable for damages caused to others due to their intentional or negligent acts.
o Section 1168 (Duty of Care to the Company): Directors must manage the company with the diligence of a prudent person and with honesty.
o Section 1169 (Liability to Third Parties): Directors acting fraudulently or unlawfully may be personally liable to third parties.

🔍 At our law firm, we provide expert legal advice on director liability, corporate governance, and risk prevention strategies for company executives.
📩 Contact us today to protect your rights before the damage is done.
Email: [email protected]

21/05/2025

🚀 Joint Venture: A Smart Strategy for Business Growth! 🤝
Looking to grow your business or take on bigger projects? A Joint Venture (JV) might be the key!
In a JV, two or more parties team up—sharing capital, tech, manpower, or land—to achieve a common goal.
📊 Once the project is done, so is the venture. Profits & losses? Shared based on each party’s investment. Fair and flexible!
💡 Why go for a JV?
Smaller companies can:
✅ Access new resources
✅ Boost credibility
✅ Compete for large-scale projects or government tenders
⚖️ Legal Tip (Thailand)
A JV isn’t a separate legal entity under Thai law—it’s treated like an unregistered partnership. But you still need to:
📌 Register for a taxpayer ID with the Revenue Department
📌 Prepare a clear JV agreement & ID/company docs
👉 Whether you're aiming higher or just getting started, a Joint Venture can open doors to bigger opportunities, shared risks, and greater success.

For a free consultation on our services, please contact us:
Email: [email protected]

08/05/2025

🌟DTV Visa Thailand – Your Gateway to Living the Dream 🇹🇭 🌟

Thailand just made it easier for digital nomads, creators, and culture lovers to stay longer, explore deeper, and live better!

📌 Introducing the DTV Visa (Destination Thailand Visa) – a 5-year multiple-entry visa allowing up to 180 days per stay (and extendable for another 180 days!).
💸 Just 10,000 THB per entry, and you're in paradise. 🌴

👤 Who is it for?
✅ Freelancers working remotely or for foreign companies
✅ YouTubers, influencers, and digital creatives
✅ Culture seekers: Muay Thai students, Thai cooking lovers, medical visitors, long-term learners, and music festival goers
✅ Family members of DTV visa holders
✅ Must be 20+ years old and hold at least 500,000 THB in your bank account
✅ Must show proof of residence in the country where you apply

🚫 Working for Thai-based companies is not allowed.

✨ Whether you're chasing inspiration, healing, skills, or just a life of freedom – this is your sign.

📍 Ask us how to apply today! 📨
For a free consultation on our services, please contact us:
Email: [email protected]

09/04/2025

💍 Thinking About Marriage? Let’s Talk Prenup! 💼

A Prenuptial Agreement isn’t just for the rich or celebrities.
it’s a smart legal move for any couple planning to get married. ❤️
It helps protect both parties and ensures clarity when it comes to money, property, and responsibilities during the marriage and if it ever ends in divorce.

Here’s what a Pre-Nup can cover:
✅ Clear separation of personal vs. joint property
✅ Who’s responsible for debts acquired during the marriage
✅ Spousal support terms after divorce
✅ How property can be managed, sold, or transferred after marriage

🛑 Important Note:
A Prenup must not include terms that pressure or encourage one party to divorce the other. Such terms can make the agreement invalid.

👉 A well-drafted Prenup isn't about expecting the worst it's about planning wisely for the future, together.

For a free consultation on our services, please contact us:
👝 Email: [email protected]

02/04/2025

🌈 A Historic Milestone for Equality in Thailand! 🌈

After years of struggle and unwavering support from citizens, government agencies, and the private sector, Thailand has made history today as the first ASEAN country to legalize same-s*x marriage! This landmark decision paves the way for equality and the recognition of human rights for everyone, regardless of gender.

Let’s take a moment to reflect on the incredible rights now available to same-s*x couples in Thailand:

💑 Joint Adoption & Inheritance Rights

Joint Adoption: All couples, regardless of gender, can now jointly adopt children! Requirements include the adopter being at least 25 years old, 15 years older than the child, and obtaining consent from the spouse.

Inheritance: The surviving spouse can inherit from the deceased, unless a will states otherwise. It’s official—same-s*x spouses now have the same inheritance rights.

⚖️ Divorce for Infidelity & Compensation Rights

Infidelity no longer comes with gender restrictions. Now, if a spouse engages in infidelity, the other partner can file for divorce and claim compensation from both the guilty spouse and the third party involved. True justice for all!

💼 Government Benefits & Welfare

Same-s*x spouses are now entitled to a range of government benefits and welfare, including tax deductions, social security, pensions, and more. Equality in all aspects of life!

🏥 Medical Decision-Making Rights

Spouses now have the legal right to make medical decisions on behalf of their partner in case of health issues, ensuring that partners are fully recognized in moments of crisis and decision-making.

🏠 Property Rights

Assets acquired during the marriage are now considered joint marital property. This means that both partners have equal rights over the property accumulated during their marriage, ensuring fair distribution in case of divorce or inheritance.

This is a huge leap forward for equality, and a shining example for the world. Let’s celebrate love, justice, and the right for everyone to live freely and authentically. 🏳️‍🌈❤️

For a free consultation on our services, please contact us:
📧 Email: [email protected]

01/04/2025

Patents vs. Petty Patents: What’s the Difference?

A patent is a legal document protecting an invention or product design, granting the owner exclusive rights to produce, sell, or distribute it in the registered country.

🔹 Patent (Invention Patent)

- Covers highly complex, innovative solutions to technical problems.

- Promotes scientific & technological advancement.

- Valid for 20 years (from filing date).

- Example: A hydrogen-powered hybrid engine with superior efficiency and safety.

🔹 Petty Patent (Utility Model)

- Protects simpler, practical improvements (minor innovations).

- Shorter term: 6 years (renewable up to 10 years total).

- Example: A curved-bottom pot for faster, more even heat distribution.

💡 Key Difference:
Patents require higher inventiveness and last longer. Petty patents are for incremental upgrades.

For a free consultation on our services, please contact us:
📧 Email: [email protected]

27/03/2025

Preferred Shares in a Limited Company in Thailand.
In Thailand, preferred shares are a type of share that offers priority in dividend payments and other benefits but typically limits shareholder control over company decisions. The legal framework for preferred shares in a Thai limited company is primarily governed by the Civil and Commercial Code of Thailand (CCC).

1. Key Characteristics of Preferred Shares in Thailand.
📌 1.1 Priority in Dividend Payments
Preferred shareholders receive dividends before common shareholders.

Dividends are usually set at a fixed rate, unlike common shares where dividends fluctuate based on the company’s profit.

If the company does not declare dividends in a given year, the unpaid dividends may or may not be accumulated (depending on the share terms).

📌 1.2 Limited or No Voting Rights.
Preferred shareholders typically do not have voting rights at shareholder meetings unless specified otherwise in the Articles of Association (AoA).

In some cases, companies may issue convertible preferred shares, allowing holders to convert them into common shares, gaining voting rights.

📌 1.3 Preference in Asset Distribution upon Liquidation.
If the company is liquidated, preferred shareholders have priority over common shareholders in receiving remaining assets.

However, they are still ranked below creditors in terms of payment priority.

📌 1.4 Customization in Rights and Restrictions.
The rights attached to preferred shares can be customized in the company’s Articles of Association.

Companies can issue different classes of preferred shares with varying rights, such as:
✅ Participating preferred shares – Allow holders to receive additional dividends beyond the fixed rate.
✅ Redeemable preferred shares – Can be repurchased by the company under agreed terms.

2.Advantages and Disadvantages of Preferred Shares
✅ Advantages
✔ Guaranteed priority in dividends, providing stable returns.
✔ Higher priority in liquidation compared to common shareholders.
✔ Customizable rights to suit investor and company needs.

❌ Disadvantages
✘ No voting rights in most cases, reducing control over company decisions.
✘ Dividend payments are fixed, meaning preferred shareholders may not benefit from high company profits.
✘ May have lower liquidity in the market compared to common shares.

3.Practical Use of Preferred Shares in Thai Businesses.
Startup Companies: Preferred shares are often issued to investors who seek stable returns but do not need control over management.

Family Businesses: Used to maintain voting control within a family while allowing external investors to invest.

Foreign Investors: In some cases, Thai companies issue preferred shares to foreign investors, as these shares do not grant voting rights, helping maintain majority Thai ownership.

For a free consultation on our services, please contact us:
📧 Email: [email protected]

26/03/2025

🚨 Supreme Administrative Court Orders Revocation of Traffic Tickets & Fines! 🚔

Major news for road users! The Supreme Administrative Court has ruled that all traffic tickets and fines issued by the Royal Thai Police must be revoked within 180 days. The ruling highlights that the current fixed penalty system—lacking discretion for first-time or necessity-based violations—is unfair and violates principles of administrative law.

Key points:
• The police must now include information about your rights on traffic tickets.
• Previous announcements setting the ticket format (July 2020) and fine structure (March 2023) are to be revoked.
• Enforcement of this ruling starts from February 21, 2025.

Stay informed and know your rights on the road !

11/03/2025

Living Together as Spouses Without Formal Marriage Registration

On March 11, 2025, the Royal Gazette published an update from the National Anti-Corruption Commission (NACC) regarding the criteria for recognizing individuals who live together as spouses without formal marriage registration. The revision, signed by NACC Chairman Mr. Suchart Trakun Kesemsuk, aligns the guidelines with the updated Civil and Commercial Code Amendment Act (No. 24), B.E. 2567 (2024).

The updated announcement is titled:
“Announcement of the NACC on the Criteria for Individuals Living Together as Spouses Without Formal Marriage Registration (No. 2), B.E. 2568.”

The announcement is effective from January 22, 2025.

This update specifically applies to public officials and replaces Article 3 of the 2018 regulation, recognizing individuals living together as spouses under the following conditions:
1. The couple has had a wedding ceremony or similar ritual, with their relationship acknowledged as a marriage.
2. The public official’s actions or conduct indicate they are in a spousal relationship, or there are widely recognized signs of their relationship.

Additionally, this includes individuals who were previously married to a public official and later legally divorced but still demonstrate or have circumstances widely recognized by society as indicating they are still considered spouses.

For the general public, the original principles remain unchanged, ensuring that the revised criteria do not facilitate the unauthorized transfer of assets under the guise of spousal recognition.

For a free consultation on our services, please contact us:
📧 Email: [email protected]

21/06/2024

Thailand to Become First Southeast Asian Nation to Legalize Same-Sex Marriage.

Thailand is poised to become the first Southeast Asian nation to legalize same-s*x marriage following the Senate's overwhelming approval of a marriage equality bill with 130 votes in favor and four against. The bill now awaits the King's formal endorsement, before coming into effect 120 days after its publication in the Royal Gazette. This will make Thailand the third country in Asia to allow marriage equality, after Taiwan and Nepal.
The new law replaces gender-specific terms with gender-neutral ones, granting equal rights in marriage, child adoption, healthcare consent, and inheritance. It also allows LGBTQ+ individuals from any country to register their marriage in Thailand and provides foreign same-s*x couples with the right to a spousal visa. However, trans people will still be legally recognized according to their s*x assigned at birth.

For Free Consultation please contact
Email: [email protected]
Professional Corporate Services Co., Ltd.
Bangkok Thailand

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