FAQs: Corporate Services
Contracts
Q.
Do joint venture agreements or shareholders agreements need to be registered with
any government agency?
A.
No. The agreements are regarded as private agreements enforceable between/among
the parties.
Q.
Do joint venture agreements or shareholders agreements need to be in writing?
A. No. However, it is
recommended.
Q.
Would agreements between foreigners and Thai partners be enforceable in Thailand?
A. Yes, as long
as the provisions are not prohibited by law or impossible or contrary to public
order or good morals.
(October 2, 2007)
The above is intended to
provide general information only. The contents do not constitute
legal advice and should not be relied upon as such. If legal advice
or other expert assistance is required, the services of competent
professionals should be sought.
For
further information, please contact Ms.
Piyanuj (Lui) Ratprasatporn, Partner & Director of Commercial
Department (piyanuj.r@tillekeandgibbins.com).
