The directors of a private limited company are considered the lawful representatives of the company and, in performing their role, they are bounded by the same directors’ duties and liabilities, regardless of their nationality. We have summarized here their key duties.
Starting with 1st of July 2018, the foreign workers and their employers in Thailand that are not complying with their work authorization regulations are subject to softer penalties. We have summarized here which are these penalties.
Through the new law, the Royal Decree on Managing the Work of Foreigners B.E. 2561 (Decree No. 2), the Thai government brings important changes to the rules and regulations affecting foreign workers and their employers. We have summarized here the most significant changes.
Starting with 21st of April 2018, the government fees for the registration of a limited company and partnership are reduced to boost Thailand’s competitiveness. We have analyzed here which are these new fees and under which conditions they apply.