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The legal system of Thailand is based upon civil law. Under Thai criminal law, an accused is innocent until proven guilty and the burden of proof rests with the public prosecutor. The defendant must be given the benefit of the doubt.
What is the legal form of a company in Thailand?
A private Thai limited company is formed through a process that leads to the registration of a Memorandum of Association (Articles of Incorporation) and Articles of Association (By-laws), as its constitutive documents.
What is the legal form of business in Thailand?
There are two types of limited companies, i.e., private or closely held companies, and public companies. The first is governed by the Civil and Commercial Code of Thailand, the second by the Public Company Act. Private Limited Companies in Thailand have basic characteristics similar to those of Western corporations.
What is the entry form for Thailand?
TM6 (Arrival/Departure Card) Every foreigner entering Thailand is required to fill out the arrival card or what is called TM6. This form is divided into 2 parts: arrival and departure sections. When arriving at the airport you will find this form, in English and other languages.
What do Americans need to enter Thailand?
U.S. citizen tourists entering Thailand for fewer than 30 days do not require a visa. We strongly recommend that your passport be valid for at least six months beyond the date of your arrival in Thailand to avoid possible denied entry. Thai immigration officials or airline staff may ask for your onward/return ticket.
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People also ask
What Customs paperwork do I need for Thailand?
General customs clearance procedures for both imports and exports in Thailand require the submission of a Customs export entry form or import entry form. The form should be accompanied by standard shipping documents, which include a commercial invoice, packing list, bill of lading/airway bill, and letter of credit.
What is the LLC equivalent in Thailand?
A limited company is a Thai equivalent of the Limited Liability Company (LLC) and is usually the preferred first step to setting up a new business in Thailand.
What type of business is in Thailand?
Thailand recognizes 3 types of business organizations: partnerships, limited companies and joint ventures. In an ordinary partnership, all the partners are jointly and wholly liable for all obligations of the partnership. Ordinary partners may contribute money, other property, or labor to the partnership.
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