The Case for chakricoas
What You Gain from a Practice
That Stays in Its Lane
A narrow mandate — foreign investment law in Thailand, nothing more — means the advice you receive reflects the depth that comes from doing one thing well for a long time.
Return to HomepageCore Advantages
Six Reasons Investors Choose chakricoas
Practice Concentration
The firm practises only in foreign investment law in Thailand. That concentration means the lawyers understand how BOI sector divisions operate, how the Ministry of Commerce processes applications, and where the interpretive edges of the Foreign Business Act actually sit.
Written Deliverables
All advice is delivered as a written memorandum. The legal basis of each conclusion is stated. Clients receive a document that boards, lenders, and investors can read — not a meeting note that summarises what was said in a call.
Fixed Fee Clarity
Each service carries a stated fee. BOI Promotion Application & Project Structuring at ฿34,500; Foreign Business License Advisory at ฿16,500; Cross-Border Holding Structure Memorandum at ฿4,950. No hourly billing uncertainty.
Accurate Timelines
BOI applications and FBL processes run on regulatory schedules. We state how long the government process typically takes — including the variance — rather than offering optimistic estimates that create friction when reality differs.
Multi-Jurisdiction Familiarity
The practice has advised investors from more than thirty home jurisdictions. Understanding how home-country expectations and Thai regulatory practice interact is a recurring part of the work, not an occasional complication.
Conservative Judgement
The practice does not structure around provisions that regulatory bodies are likely to scrutinise. When a pathway carries meaningful risk, we say so — and discuss what that risk entails — rather than presenting aggressive structures as routine.
Expertise
Fourteen Years of BOI and FBA Practice
The lawyers at chakricoas have worked through multiple revisions of the BOI's promotion strategy, including the 2015 sector-based restructuring and the 2022 target industries expansion. That continuity means advice is informed by how the regulatory framework has evolved — not just what it says today.
- BOI applications across manufacturing, technology, and services sectors
- Foreign Business Act interpretation in contested and straightforward cases
- Post-approval BOI compliance and milestone management
2011
Year the practice was established in Bangkok
30+
Investor home jurisdictions served
What a Written Memorandum Provides
- A record of the legal position taken, with the statutory basis identified
- A document that co-investors, lenders, or parent companies can review without attending a meeting
- A basis for updating advice if the regulatory position changes
- An executive summary for board or investor distribution
Deliverable Quality
Advice in the Form That Decisions Require
Legal advice delivered verbally or as a brief email is difficult for organisations to act on with confidence. A properly structured memorandum — identifying the question, setting out the relevant law, applying it to the facts, and stating the conclusion with its qualifications — is what investment decisions of consequence need.
Value and Pricing
Fees That Reflect the Work, Not the Clock
Hourly billing creates an open-ended cost for the client and an implicit incentive for the firm to extend the work. Fixed-fee engagements align the interests of both parties: the work is done to the standard required for the deliverable, and the cost is known from the outset.
Where a matter requires work outside the agreed scope, we say so at that point — rather than billing for it after the fact or absorbing a scope that was not agreed.
Service Fees
BOI Promotion Application
฿34,500
Foreign Business License Advisory
฿16,500
Cross-Border Holding Memorandum
฿4,950
How We Compare
chakricoas vs. Generalist Approaches
The comparison below reflects common differences between a focused foreign investment law practice and broader corporate or general commercial firms that include investment matters as one part of a wider offering.
What Sets Us Apart
Distinctive Features of This Practice
Bangkok-Based, Thailand-Only
The practice operates from Bangkok and covers Thai foreign investment law exclusively. There is no Singapore head office whose Thailand desk handles Bangkok instructions at one remove from the regulatory environment.
Senior Lawyer Involvement
Matters are not allocated to junior associates for drafting and signed off without substantive senior review. The lawyers who meet with clients are the lawyers who produce the advice.
Pathway-Neutral Analysis
The Foreign Business License Advisory compares all available pathways — FBL, Treaty of Amity, BOI promotion, Thai majority shareholding — without a preferred outcome. The analysis identifies the most suitable pathway for the client's situation.
Post-Approval Support
For BOI-promoted companies, involvement continues through the operational milestones that determine whether the tax holiday and other promotion benefits are fully realised — not just through certificate issuance.
Recognition & Milestones
Practice Highlights
Thai Bar Association
Active membership, all practising lawyers — 2011 to present
BOI Accredited Advisor
Listed investment advisor recognised by the Thailand Board of Investment
ASEAN Legal Network
Member of the ASEAN Legal Network for cross-border referral and coordination
Chambers Asia-Pacific
Referenced in Chambers Asia-Pacific for foreign investment advisory in Thailand, 2022–2025
Next Step
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