Insights | YACT Associationhttps://yactasia.com/insights/Insights | YACT Association Winning abroad against a Thai company: why an arbitral award travels and a court judgment does nothttps://yactasia.com/insights/foreign-judgment-or-arbitral-award-thailand/https://yactasia.com/insights/foreign-judgment-or-arbitral-award-thailand/Fri, 16 Oct 2026 00:00:00 +0700A foreign judgment cannot be executed in Thailand, but a New York Convention award can: the three-year deadline, grounds for refusal and Supreme Court cases. Setting up a 100% foreign-owned company in Thailand, and why a nominee is not the answerhttps://yactasia.com/insights/foreign-owned-company-thailand-without-nominee/https://yactasia.com/insights/foreign-owned-company-thailand-without-nominee/Wed, 14 Oct 2026 00:00:00 +0700A foreigner can register a Thai company and hold all its shares. Whether it can then operate turns on the Foreign Business Act lists, not on a Thai nominee. Registering a company in Thailand, in order: from name reservation to VAT and social securityhttps://yactasia.com/insights/thailand-company-registration-guide/https://yactasia.com/insights/thailand-company-registration-guide/Sat, 15 Aug 2026 00:00:00 +0700The main steps in setting up a limited company in Thailand, in order: name reservation, the memorandum and objects, registration with the Department of Business Development, VAT and social security registration. And how the shareholding on the day of registration decides whether a foreign business licence is needed and how many work permits the company can support. A visa is not a work permit: two authorities, a fixed order and two expiry dates a yearhttps://yactasia.com/insights/thailand-work-permit-visa-guide/https://yactasia.com/insights/thailand-work-permit-visa-guide/Sat, 15 Aug 2026 00:00:00 +0700Visas and work permits are issued by different authorities under different laws, in a fixed order. What the company must have before applying, the yearly extension and renewal cycle, ninety-day reporting and re-entry permits, and what working without a permit means for the worker and for the employer. What a BOI promotion certificate actually gives youhttps://yactasia.com/insights/thailand-boi-promotion-guide/https://yactasia.com/insights/thailand-boi-promotion-guide/Sat, 15 Aug 2026 00:00:00 +0700A promoted project can be wholly foreign-owned without a foreign business licence, using a section 12 certificate the Department of Business Development must issue within 30 days. The shareholding and staffing that come with promotion, the order of application and interview, and the conditions to keep after the certificate. Foreign Business Licence in Thailand: cost, requirements and timelinehttps://yactasia.com/insights/foreign-business-licence-thailand-cost-requirements/https://yactasia.com/insights/foreign-business-licence-thailand-cost-requirements/Sat, 10 Oct 2026 00:00:00 +0700Who needs a Foreign Business Licence in Thailand, the faster BOI and treaty routes, the government fees, the minimum capital and the time limits in the Act. How to sue a company in Thailand: the court, the costs and the stepshttps://yactasia.com/insights/how-to-sue-a-company-in-thailand/https://yactasia.com/insights/how-to-sue-a-company-in-thailand/Sat, 10 Oct 2026 00:00:00 +0700Suing a Thai company: which court hears the claim, the court fee, what a foreign plaintiff prepares, the defence deadline, default judgment and appeals. Does a BOI company exporting 100% need an FBC? It depends on contract manufacturinghttps://yactasia.com/insights/boi-export-fbc-contract-manufacturing/https://yactasia.com/insights/boi-export-fbc-contract-manufacturing/Thu, 08 Oct 2026 00:00:00 +0700A BOI-promoted foreign company that exports everything may still need a Foreign Business Certificate if it earns fees for manufacturing others' materials. The test and the section 12 steps. Bounced cheques in Thailandhttps://yactasia.com/insights/bounced-cheque-thailand/https://yactasia.com/insights/bounced-cheque-thailand/Fri, 25 Sep 2026 00:00:00 +0700A bounced cheque from a Thai customer: the one-year civil claim, the three-month criminal complaint under the Cheque Act, and cheques it does not cover. Debt recovery in Thailand for foreign creditorshttps://yactasia.com/insights/debt-recovery-thailand-foreign-creditors/https://yactasia.com/insights/debt-recovery-thailand-foreign-creditors/Wed, 23 Sep 2026 00:00:00 +0700How a foreign creditor recovers a debt from a Thai company: time limits, default interest, demand letters, suing from abroad, bankruptcy and arbitration. Unpaid invoices: two years or fivehttps://yactasia.com/insights/thailand-unpaid-invoices-two-or-five-years/https://yactasia.com/insights/thailand-unpaid-invoices-two-or-five-years/Wed, 23 Sep 2026 00:00:00 +0700Why a supplier's claim against a Thai company is often five years, not two: section 193/34(1), section 193/33(5) and the Supreme Court cases that apply them. Petitioning a Thai company into bankruptcyhttps://yactasia.com/insights/petitioning-thai-company-bankruptcy/https://yactasia.com/insights/petitioning-thai-company-bankruptcy/Wed, 23 Sep 2026 00:00:00 +0700Petitioning a Thai company into bankruptcy: the two-million-baht threshold, two demands to prove insolvency, and two months to prove the debt. Personal guarantees from Thai company directorshttps://yactasia.com/insights/personal-guarantees-thai-company-directors/https://yactasia.com/insights/personal-guarantees-thai-company-directors/Wed, 23 Sep 2026 00:00:00 +0700What a creditor can rely on when a Thai company's director guarantees its debt: form, the 2015 ban on joint-debtor terms, and the guarantor's defences. Dismissed in a restructuring: with severance paid, is there still a claimhttps://yactasia.com/insights/severance-and-unfair-dismissal/https://yactasia.com/insights/severance-and-unfair-dismissal/Thu, 06 Aug 2026 00:00:00 +0700Severance and unfair dismissal damages are different money under Supreme Court judgment 1392/2544, but both must be claimed in one action. One chat, two transfers, only one recoveredhttps://yactasia.com/insights/chat-as-loan-evidence/https://yactasia.com/insights/chat-as-loan-evidence/Thu, 06 Aug 2026 00:00:00 +0700In judgment 3622/2568 two transfers in the same chat went opposite ways: a thank-you sticker counted as a signature but did not make the message mean a loan. The creditor missed the sixty days: how far is the guarantor freedhttps://yactasia.com/insights/guarantor-sixty-days/https://yactasia.com/insights/guarantor-sixty-days/Thu, 06 Aug 2026 00:00:00 +0700The second paragraph of section 686 frees a guarantor from interest and accessories arising after sixty days, but judgment 220/2562 holds the principal obligation survives. The thirty per cent nobody can find in the statutehttps://yactasia.com/insights/wage-attachment-thirty-percent/https://yactasia.com/insights/wage-attachment-thirty-percent/Thu, 06 Aug 2026 00:00:00 +0700Section 302 of the Civil Procedure Code protects an amount, not a percentage: government pay is wholly exempt, private pay up to twenty thousand baht a month. Can untitled land be adversely possessed, and when do the ten years starthttps://yactasia.com/insights/adverse-possession-untitled-land/https://yactasia.com/insights/adverse-possession-untitled-land/Fri, 07 Aug 2026 00:00:00 +0700Adverse possession under section 1382 needs land another person owns, so untitled land is outside it under judgment 8393/2540, and the ten years run from the deed. Acknowledging a debt after it has expired leaves the creditor two yearshttps://yactasia.com/insights/acknowledging-time-barred-debt/https://yactasia.com/insights/acknowledging-time-barred-debt/Fri, 07 Aug 2026 00:00:00 +0700The same acknowledgment yields ten years or two, depending only on whether it was signed before or after the claim expired: judgments 4507/2547 and 12264/2555. One co-guarantor keeps paying, and time runs on for the othershttps://yactasia.com/insights/interruption-between-guarantors/https://yactasia.com/insights/interruption-between-guarantors/Fri, 07 Aug 2026 00:00:00 +0700Section 692 carries an interruption from debtor to guarantor, but not back the other way and not across between co-guarantors, as judgment 6403/2561 shows. Interest above fifteen per cent is not reduced to fifteen, it is voidhttps://yactasia.com/insights/excess-interest-void/https://yactasia.com/insights/excess-interest-void/Fri, 07 Aug 2026 00:00:00 +0700Section 654 says the rate comes down to fifteen per cent, but judgment 1452/2511 holds the interest wholly void, not merely the excess, while the principal stands.