Baker McKenzie, Bangkok Office is the largest law firm in Thailand and is one of the few international law firms in Thailand that is able to provide multiple areas of legal expertise in Japanese.
21 February 2019 - Baker McKenzie Bangkok office conducted an exclusive briefing on the new investment and tax scheme under BOI's and the Thai Revenue Department’s International Business Center (IBC).
Japan Advisory Group of Baker McKenzie Bangkok office, in collaboration with Baker McKenzie Tokyo office, conducted an exclusive client seminar on 8 and 9 November under “Thailand legal update” topic. Noriko Sakamoto and Benedict Yong (Bangkok office) and Toshio Ibaraki (Tokyo office) are the main speakers. The seminar covered a wide range of Thailand’s changing legal landscape which attracts high attention from Japanese companies, including trade competition law, anti-bribery laws, data protection bill, etc.
On 18 October 2018, Peerapan Tungsuwan and Noriko Sakamoto, partners of Baker McKenzie, Bangkok office conducted a presentation on the topic of compliance and anti-bribery for Japanese Chamber of Commerce in Bangkok.
Bangkok Employment Group held a lunch briefing on Important Trends that Employers Need to Know on 11 October 2018 at Bangkok office.
Noriko Sakamoto provided a presentation to Japanese executives on various topics of Thai law as an invited speaker in the seminar held by Japan External Trade Organization (JETRO) on 10 February 2017 at Pullman Hotel, Sukhumvit.
The seminar aims to provide updated information in accounting and legal areas to Japanese companies in Q&A style. This time more than 100 Japanese business figures and Varutt from Japan Advisory Group (JAG) attendedthe seminar for networking and enhancing relationship with JETRO.
Japan Advisory Group members (Peerapan Tungsuwan, Noriko Sakamoto and Benedict Yong) and Yaeko Hodaka (Baker McKenzie, Tokyo office), conducted a seminar “Thailand & Myanmar Legal Update” for the executives from Japanese companies on 20 January 2017 at Baker McKenzie, Bangkok office.
The promotion activity provided not only the insights on recent legal development and several draft acts soon to be effective in both countries, but also a good opportunity for networking among the clients. We expect to have more inquiries and requests for specific feedbacks after the seminar.
Client Alerts & Newsletters
The Trade Competition Commission recently published draft notifications, which are to become supplementary regulations to the Trade Competition Act, B.E. 2560 (2017), pursuant to sections 17(2) and 17(3) of the Act which authorizes the Commission to issue subordinated legislation to implement the Act and impose guidelines on businesses to maintain free and fair competition. An online public hearing on the draft notifications has been held since 24 May 2018, and will be closed on 22 June 2018.
Following the enactment of the Emergency Decree on the Digital Asset Businesses B.E. 2561 (A.D. 2018) and the Emergency Decree on the Amendment of the Revenue Code (No. 19) B.E. 2561 (A.D. 2018), which became effective on 14 May 2018, the Office of the Securities and Exchange Commission held a public hearing on the draft of related sub-regulations to be issued under the Digital Asset Businesses Decree on 16 - 30 May 2018. These sub-regulations are expected to be officially issued within June 2018.
On 17 May 2018, the Department of Business Development ("DBD"), the Ministry of Commerce, published two clarifications on board of directors meetings for public limited companies after consultation with the Office of the Council of State.
Following on from our recent alert, the Act for the Eastern Special Development Zone (commonly called the Eastern Economic Corridor or “EEC”) was published in the Royal Gazette on 14 May 2018 and took effect on 15 May 2018.
As discussed in our previous client alert, the recently amended Emergency Decree on Managing the Work of Aliens B.E. 2560 (2017) requires employers who have already employed foreigners with valid work permits before 28 March 2018 to notify a work permit official of the foreigners' names, nationalities and nature of work employed within 60 days from the effective date of the Amended Decree or by 26 May 2018. The details of the notification method have now been issued.
On 18 April 2018, the Customs Department publicly launched the “One Stop Services for Voluntary Disclosure Program: OS-VDP” to develop a better relationship with the business operators (e.g., importers and exporters), to promote a good image of the department, and to facilitate duty collection of unintentional underpayment of duty and tax.
The Ministry of Commerce has issued a ministerial regulation prescribing new rates of official fees for registration of partnerships and private limited companies, taking into account recommendation from the World Bank on the rates of official fees for corporate registration. The new regulation became effective from 21 April 2018 onwards.
Following the enactment of the Emergency Decree on Managing the Work of
Aliens B.E. 2560 (2017) back in late June 2017 as mentioned in our previous alert, there has been much confusion prompting a number of foreign workers to leave Thailand due to fears of harsh penalties against offenders under the Decree.
The European Union has recently adopted the General Data Protection Regulation, a new piece of legislation intended to protect the privacy of data subjects in the EU, which will be effective from 25 May 2018.
Following the public hearing of the Personal Data Protection Bill in January 2018, the Ministry of Digital Economy and Society has amended the draft again and published a revised version of the draft Personal Data Protection Bill in early April 2018.
A leading US legal media platform Law360 today named Baker McKenzie the No. 1 Global Law Firm for 2019, a ranking of the top 20 law firms with the greatest global reach and expertise.
Baker McKenzie has been named number one legal brand in the Asia Pacific region for the third consecutive year, according to the Acritas Asia Pacific Brand Index 2019.
According to Acritas, expertise is still setting firms apart from their rivals, with clients favouring quality of advice and specialist knowledge. Speed, responsiveness and partner accessibility are also becoming increasingly important in the region for legal buyers.
Baker McKenzie Bangkok office was awarded “Most Innovative National Firm of the Year“ at the International Financial Law Review (IFLR) Asia Awards. The Most Innovative National Firm of the Year award recognizes in particular the firms with the best track record in 2018 in giving local law advice on the most innovative international corporate finance transaction in respective jurisdictions.
We are pleased to announce that Peerapan Tungsuwan, co-leader of Japan Advisory Group and Healthcare practice group in Baker McKenzie Bangkok office, is recognized as the sole Client Choice winner in 2019 by Lexology under Healthcare & Life Sciences category.
Baker McKenzie Bangkok Office has performed exceptionally well in The Legal 500 Asia Pacific 2019 rankings. The Firm has been ranked Tier 1 for all categories we submitted for.
Baker McKenzie Bangkok office has been voted to be Thailand’s Most Responsive Firms of the Year 2018, by the Asian-MENA Counsel's Representative Corporate Asia & Middle East Survey. This year marks our 10th consecutive honors as the Most Responsive Firm of the Year.
Apart from the firm-wide award, we are also voted as winners in various practice areas.
Baker McKenzie, Bangkok office is ranked Band 1 and maintaining the top rank in the following categories of Chambers Asia-Pacific 2019.
Banking & Finance
Corporate / M&A
Project & Energy
Restructuring / Insolvency
Technology, Media, Telecommunications (TMT)
Asia Pacific, 9 November 2018 — Baker McKenzie won seven awards at the 2018 Euromoney Legal Media Group Asia Women in Business Law Awards held in Hong Kong last night, including the coveted "Best International Firm for Women in Business Law" Award. The Firm also took home the country award for Thailand. Meanwhile, member firms Hadiputranto Hadinoto & Partners (HHP Law Firm) took home the Indonesia national award; Wong & Partners collected the Malaysia national award; and Quisumbing Torres won the Philippines national award.
IFLR1000 2019 results have been released and once again Baker McKenzie Bangkok office is ranked Tier 1 in all categories, i.e. banking and finance, capital markets, M&A, project development, and restructuring and insolvency. Several Bangkok office partners are also recognized for their prominent achievements.