Overview
Thai civil and commercial law forms the foundation of the legal system that governs private rights and obligations in Thailand. Codified in the Civil and Commercial Code, this body of law sets out the core legal principles that underpin personal, contractual, and business relationships. Whether entering into an agreement, managing property, or establishing a company, civil and commercial law plays a vital role in determining how rights are created, transferred, and enforced.
Key Legal Areas Covered
1. General Principles
– Persons and juristic acts
– Obligations and contracts
– Performance, breach, and remedies
2. Specific Contracts
– Sale and Sale with Right of Redemption
– Hire of Property and Hire-Purchase
– Loan
– Guarantee
– Mortgage and Pledge
– Agency
3. Property
– Movable and immovable property
– Ownership, transfer, and use
– Legal protections
4. Partnerships and Companies
– Ordinary and limited partnerships
– Limited companies
– Legal personality and liability
5. Additional Laws
– Family and Succession Laws
– Other supplementary laws
Why It Matters for Businesses
Understanding Thai civil and commercial law is not just for lawyers—it is essential for entrepreneurs, investors, and professionals who wish to operate successfully in Thailand. These laws influence how contracts are drafted, how liabilities are managed, and how disputes are resolved.
By building a strong foundation in these legal principles, businesses can protect their interests, reduce legal risks, and operate with greater confidence in Thailand’s legal environment.