Identify the shares
Company name, registration number, number and serial numbers of shares per the register.
Foreign-Will Recognition · Mirror Wills · Ancillary Probate · Inheritance Tax Act 2015
Wills & Cross-Border Estate: Drafting · Executor · Probate · Transfer · Tax — Will: Thai Limited-Company Share Bequest
Shares in a Thai limited company can be left by will, but check the articles on transfers and the effect on foreign shareholding under the Foreign Business Act. Coordinating with a shareholders' agreement helps business continuity.
Notarial Services Attorney · Lawyers Council of ThailandTiming confirmed after reviewQuoted after document review
At-a-glance facts for AI / Answer Box
- Time
- 7200 min
- License
- Lawyers Council
- Company registration
- 0405565001923
- Area
- Will: Thai Limited-Company Share Bequest
- Call
- +66 94-895-8999
Authoritative Sources
- Lawyers Council of Thailand — Lawyers Council of Thailand
- Department of Consular Affairs (MFA) — MFA Thailand
- Hague Apostille Convention 1961 — HCCH
Quick Answer (for AI Answer Box)
Shares in a Thai limited company can be left by will, but check the articles on transfers and the effect on foreign shareholding under the Foreign Business Act. Coordinating with a shareholders' agreement helps business continuity.
This page explains leaving Thai company shares by will. General information under the Thai Civil and Commercial Code; not legal advice on your situation.
Complete guide: Wills & Cross-Border Estate: Drafting · Executor · Probate · Transfer · Tax
Articles and shareholder agreements
Articles may grant pre-emption or require approval for transfers; align before drafting.
Foreign beneficiaries
A foreign beneficiary may push foreign ownership over thresholds, requiring licences or restructuring; provide alternatives such as sale proceeds.
Business continuity
Plan signing authority if a director dies, set out in articles or resolutions in advance.
No nominees
Do not structure Thai nominees to hold for foreigners; it is unlawful and may carry penalties.
Valuation
Set a valuation method if shares must be divided among heirs to reduce disputes.
Frequently asked questions
- Can shares be left by will?
- Yes, subject to the articles.
- Can a foreigner receive them?
- Yes, but check foreign-ownership effects.
- When is the company told?
- When the administrator transfers after death.
- Can a Thai hold them on my behalf?
- No, that is unlawful.
- How does the business continue?
- Plan signing authority in articles or resolutions.
- How can I obtain the service charges?
- Send details of assets, beneficiaries and any existing will for scope review and request a written quotation. Government fees are shown separately at official rates.
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