Startups increasingly play an integral role in Thailand’s economic growth. They drive innovation and stimulate healthy competition, contributing to the economic dynamism of the country. However, while startups are sometimes brilliant and innovative in their ideas, they often overlook important and critical issues, such as the basic laws and rules and regulations governing businesses.
These include the relationships between the shareholders, protecting intellectual property rights, forms of contracts, and employment-related compliance to maintaining corporate documents.
These rarely get any attention until legal disputes arise from one or more of these issues. In some circumstances, it might be costly or even too late to address such legal issues, be it a legal dispute or inspection by authorities, which could have been avoided from the outset.
Having represented over 40 Startups under the DTAC ACCELERATE program, here at Kudun and Partners we understand the legal obstacles and complexities faced by Startups. Our clients appreciate our ability to not only conduct critical and in-depth business analyses for them, but also provide comprehensive legal solutions, including opportunities for funding, to ensure sustainable business continuation.