Day: January 23, 2026

The Articles of Association (AoA or Articles) play a vitally important role in the governance of a Thai limited company as they are basically the company’s internal corporate rules. The AoA are initially decided at the company’s statutory meeting which is held as part of the company formation process. The Articles not only regulate the relationship between shareholders, directors, and the company itself but they also set out the legal framework within which corporate powers are to be exercised. This article shall examine various issues including enforcement and amendment of the AoA and what provisions are typically contained in AoA for a company limited in Thailand.   What are the AoA under Thai law? The AoA are recognized by the Civil and Commercial Code of Thailand (CCC) as a binding internal contract that governs the legal relationship between: The company […]