Category archives for: Legal Corner

Divorce in Thailand

Divorce in Thailand

by Magna Carta Law Office

What is the difference between a contested and uncontested divorce in Thailand?
Uncontested divorce is the termination of marriage by mutual consent. Contested divorce is when one or both spouses do not agree with the terms of the separation or have broken the marriage agreement. While a couple may agree to divorce, [...]

Last Will and Testament in Thailand

Last Will and Testament in Thailand

by Magna Carta Law Office
What is a Thailand Last Will and Testament?
A Last Will and Testament is a declaration of intent concerning dispositions of assets or other matters which shall take effect, according to law after the demise of the testator.
The document will detail your assets in Thailand, such as property, bank accounts, vehicle, and [...]

Bankruptcy

Bankruptcy

What is bankruptcy?
Bankruptcy is a legal proceeding involving a person or business that is unable to repay outstanding debts. Under Thai law, bankruptcy is an involuntary act whereby the law causes the assets of a debtor to be distributed among its creditors to repay a portion of outstanding debt.
What is secured creditor?
Secured creditor means the [...]

Thailand Bail Bond

Thailand Bail Bond

by Magna Carta Law Office
What is bail bond?
A bail bond is one method used to obtain  a temporary release of an alleged offender or accused person awaiting trial on criminal charges from the custody of law enforcement officials, sometimes on condition that a sum of  money or other form is lodged to guarantee their appearances [...]

Trademark Registration in Thailand

Trademark Registration in Thailand

by Magna Carta Law Office
What is a trademark?
A trademark is a recognizable sign, design or expression which distinguishes products or services of a particular source from those of others. The trademark owner can be an individual, business organization, or any legal entity.
What types of trademarks are recognized in Thailand?
Trademarks, collective marks, certification marks, [...]

Buying an Existing Business in Thailand

Buying an Existing Business in Thailand

What are the pros and cons of buying an existing business in Thailand vs. starting a new business?
Before you take over an existing business or start a new one, you should fully understand all the downsides related to both options.
An existing business already has an established customer base, an established location, inventory and suppliers, [...]

Getting Arrested in Thailand

Getting Arrested in Thailand

How long may police hold a suspect or alleged offender before charges must be filed?
According to Thai law and procedure, a suspect can be arrested and detained for a period of up to 48 hours in the police station for thorough investigation of the offense that has allegedly been committed, provided the arresting officers [...]

Thai Inheritance Law

Thai Inheritance Law

by Magna Carta Law Office

What happens to my assets in Thailand if I don’t have a last will and testament?
In Thailand, when a person dies without a last will and testament, the intestate’s assets must be distributed in accordance with the law. As stipulated in the Civil and Commercial Code Section 1629, there are six [...]

Thailand Leasehold System

Thailand Leasehold System

What is the leasehold system?
The leasehold system is a system of property tenure wherein a person, by paying a fixed sum or in installments, acquires the right to occupy a particular land or building for a pre-determined period of time. The owner of the building or land, commonly known as a landlord, hands over temporary [...]

Usufruct in Thailand

Usufruct in Thailand

by Magna Carta Law Office

What is a usufruct?
A usufruct is a legal right accorded to a person or party called the usufructuary. It is an ownership right to use, enjoy and manage someone else’s immovable property with the advantage of deriving income or benefit from it as long as the property is not in [...]

16 - 28 February 2015

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