Practical Notes
Practical questions about investing, building and operating in Thailand.
6 results for your search
01Does the end of a right-of-first-refusal period mean a shareholder is free to sell?
Not necessarily. A right of first refusal is a transfer restriction that gives an existing shareholder the opportunity to take a proposed sale before the shares are sold to an…
02What happens when a fixed-term joint venture expires but the business is still operating?
First determine what has actually expired. A fixed term in a shareholders’ agreement is not automatically the same thing as a fixed legal term of the Thai company itself. If the…
03What should a hotel owner check before terminating a franchise or brand agreement when the hotel is sold or rebranded?
Do not assume that paying an “early termination fee” ends the hotel’s relationship with the brand. A hotel franchise or brand agreement can create several separate exit…
04Which date starts the deadlines when a Thai company is dissolved?
Do not put one date into the checklist and label it simply “dissolution date.” Different Thai corporate and tax obligations can run from different events. For a voluntary…
05Does a fixed-term contract really end without severance or other exit payments?
Not every employment contract with an end date qualifies for Thailand’s fixed-term severance exemption. Section 17 of the Labour Protection Act provides that a genuine fixed-term…
06How should a tenant plan handback when removal and reinstatement take longer than the lease allows?
Treat physical exit as a project that starts before the legal lease end date. A lease can require the tenant to remove equipment, dismantle tenant works, reinstate alterations and…
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