Contract and Agreement | OT & Business

Overview

A well-drafted contract is the foundation of any secure business relationship or personal transaction in Thailand. Thai contract law is governed by the Civil and Commercial Code, which contains specific requirements for enforceability. Contracts drafted without regard to Thai legal requirements — or relying only on foreign templates — may be unenforceable or leave critical matters unaddressed.

Our attorneys draft, review, and negotiate all types of commercial and personal agreements, in both Thai and English, ensuring they are legally binding, clearly worded, and structured to protect your interests.

Contract Types We Handle

Corporate & Business

Shareholder Agreement — Rights, obligations, and exit mechanisms for company shareholders.
Partnership Agreement — Structure, profit-sharing, and dispute resolution for business partners.
Business Sale & Purchase — Full documentation for buying or selling a Thai business.
Share Transfer Agreement — Transfer of shares in a Thai limited company.
Services Agreement — Scope, payment terms, and liability for service providers and clients.
Non-Disclosure Agreement (NDA) — Protection of confidential business information.

Property & Personal

Lease Agreement — Residential and commercial property leases under Thai law.
Land Lease Agreement — Long-term land leases for foreign nationals (up to 30 years).
Loan Agreement — Terms and security provisions for personal and business loans.
Power of Attorney — General and specific POAs for property, legal, and financial matters.
Prenuptial Agreement — Asset protection and property division before marriage.
Divorce Agreement — Mutually agreed terms for property and child arrangements.

Contract Review Service

Before signing any contract in Thailand, have it reviewed by our team. We identify:

Unfair or one-sided terms.
Clauses unenforceable under Thai law.
Missing provisions that create risk.
Ambiguous language that could lead to disputes.
Issues with jurisdiction and governing law for international contracts.

Our Drafting Standards

Bilingual Thai-English drafting for all major agreements.
Fully compliant with the Thai Civil and Commercial Code.
Clear dispute resolution and governing law clauses.
Registered and executed with proper witnesses or notarization where required.
Tailored to your specific transaction — no generic templates.

Our Process

Briefing — You outline the nature of the transaction and what the agreement must achieve. We advise on the appropriate contract type and structure.

Drafting — We prepare a first draft in Thai and English, referencing current Thai law and standard commercial practice.

Negotiation support — We review counter-proposals from the other party and advise on terms that are commercially reasonable and legally sound.

Execution — We coordinate signing, witnessing, notarization, and registration where required to ensure the agreement is fully enforceable.

Get Your Agreement Right

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