Atty. Don Chaiyos Sornumpol
Siam Legal InternationalDon joined the firm as a Senior Associate and oversees the property and commercial sections of the firm. Don obtained his bachelor degree from the State University of New York at Binghamton and later his Juris Doctor from Pace University School of Law. Upon completion, Don was duly admitted to the New York State Bar as an Attorney-at-Law. Don is also fluent in Thai having come from Thai parentage and have continued to maintain close ties to Thailand throughout his upbringing in the US. This enables him a unique ability and insight into the comparative challenges not only in law but also in terms of culture and language. Don is a regular contributor and author to a number of legal articles regarding property and cross border transactions in several publications including international legal journals and periodicals.
- Business Law
- Business Contracts, Business Dissolution, Business Finance, Business Formation, Business Litigation, Franchising, Mergers & Acquisitions, Partnership & Shareholder Disputes
- Real Estate Law
- Commercial Real Estate, Condominiums, Easements, Eminent Domain, Homeowners Association, Land Use & Zoning, Mortgages, Neighbor Disputes, Residential Real Estate, Water Law
- New York
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- English
- Thai
- Senior Associate
- Siam Legal International
- Current
- Siam Legal International
- Senior Associate
- Current
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- Siam Legal International
- Senior Associate
- Current
- Activities: Oversees the property and commercial sections of the firm.
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- Foreign Ownership of Industrial Land (Thailand Law)
- Siam Legal International
- Buying Off-Plan: The Sales and Purchase Agreement
- Siam Legal International
- Foreign Business Licenses
- Siam Legal International
- Hire of Immovable Property for Commerce and Industry
- Siam Legal International
- Condominium Ownership by Foreigners
- Siam Legal International
- Attorney-at-Law
- New York State Bar
Siam Legal Corporate Services
Siam Legal Corporate Services 1:08 - Company Registration of a Company Limited (Thai majority or foreign majority owned) 1:15 - Board of Investment Application (BOI Thailand) 1:18 - Foreign Business License application 1:22 - Setting up of Branch Office, Representative Office or a Regional Office 1:27 - Amendment of Company Details 1:30 - VAT and Social Security Registrations
Siam Legal Corporate Services
Corporate Services in Thailand https://www.siam-legal.com/Business-in-Thailand/corporate-services-thailand.php https://www.siam-legal.com Siam Legal International 18th Floor, Unit 1806 Two Pacific Place, 142 Sukhumvit Rd, Khlong Toei, Bangkok 10110, Thailand +66 2 254 8900
Thailand Work Permit
In order for your company to sponsor one non-immigrant B visa and work permit for its foreign director or employee, regardless of its shareholding, it should meet the following requirements: 1. At least 2,000,000 baht fully paid-up (or 3,000,000 baht fully paid-up if it is a foreign- owned company operating restricted businesses); 2. The company should have filed VAT returns; 3. Paid Social Security fees and Employee Withholding Tax for four Thai employees
Registration of Title at the Land Office in Thailand
What is the final step in buying a property in Thailand? The final step is to physically attend the Land Office to effect the transfer and registration of the title deed. Which Land Office do you have to register? There are many different Land Offices in Thailand. They each deal with property within their own local jurisdiction. The particular Land Office will therefore depend upon where the relevant property is located. Process of Transfer and Registration of Title in Thailand
Thailand Property Due Diligence
What is due diligence in relation to property and why is it so important? Due diligence is the process of properly evaluating a property before you buy. Think of due diligence as "doing your homework or research". Through a series of proper checking and reviewing of relevant documents, you will be ensured that you will be in the position to better understand the potential benefits of buying the property in Thailand and the risks involved in the purchase.
Thailand Company Registration Procedure
Company Registration To establish the Thai limited company, it has to undergo the procedure, comply with the requirements, rules and regulations set by the Department of Business Development (DBD). The DBD has been tasked to receive business registration duties, business supervision and business services. Reserve Your Proposed Company Name The name reservation can be done on line at the DBD website. This name reservation is normally approved within 1-3 days.
Taxation in Thailand
Corporate Income Tax is imposed to juristic companies and partnerships: 1. Limited companies; 2. Registered ordinary and limited liability partnerships; 3. Joint ventures; 4. Foundations and associations; 5. A branch of a foreign corporation
Company Limited (Thai Majority-Owned)
A Thai company limited is one which is formed with a capital divided into equal shares, the liability of the shareholders being limited to the amount of the shares respectively held by them. In a Thai majority owned company, Thai nationals must own at least 51% of the shareholding of the company. Since majority of its shareholding is Thai, then, a Foreign Business License (FBL) is not required.
Closing a Business in Thailand
A company is dissolved by law under the following scenarios: ? In the cases, if any, provided by its regulations; ? If formed for a period of time, by the expiration of such period; ? If formed for a single undertaking, by the termination of that undertaking; ? By a special resolution to dissolve; and ? By the company becoming bankrupt.
Due Diligence in Thailand
Siam Legal International
Prenuptial Agreements in Thailand
Thai Prenuptial Agreement is governed by the Thai Civil and Commercial Code. It is important that you seek counsel from a registered Thai family lawyer, attorney or solicitor familiar with the laws in your home country and in Thailand before preparing a prenuptial agreement with a Thai national fianc
Setting Up a Company in Thailand
When doing business in Thailand, you have the choice of what type of business entity which you wish to establish depending on your organizational requirement. You have several options: ? Thai Registered Ordinary or Limited Partnership, ? Thailand Representative Office, Thai Regional Office, Thai Branch Office or ? Thai Limited Company ? BOI Thailand Application
Thailand Legal Services
Siam Legal prides itself as a premier law firm in Bangkok, and in key cities within the Kingdom of Thailand, making it the largest legal network in Thailand.
How to Form a Company in Thailand
Doing business in Thailand, you have the choice over what type of business organization to establish. There are 3 different types of businesses which can be registered: ? Thai Limited Company ? Thai Partnership ? Thai Representative Office
