Thai888 Law and what happens if we close the company?

just following up

a rewrite of the Will is necessary when the Beneficiaries or the Executor changes and as we have the last Will on file it should not take long – bring in the changes and we can work something out

The question of what happens if Thai888 Law is no longer established –

As we made the Will it can be presented at court via another person with a lawyer

If I, Thai888 Law or anyone else is the deceased Executor then the court process is as follows:

the Will and documents regarding the demise of the above are presented to the court to prove the situation

the court (with evidence) approves the situation (effectively they have resigned as the Executor)

an application is made by another person or a court representative to fill the role of the Executor

the court approves this application and then appoints an Executor  and gives a Grant of Probate (court order)

the rules of probate are followed in that a period of challenges etc is allowed before the estate can be liquidated and proceeds repatriated to the Beneficiaries

I hope this helps info@thai888.com

what happens if thai888 law closes

Work permit Thailand Thai888 Law 2018

Trying to get some more news on this as it doesn’t seem to be gazetted yet.

From Phuket gazzete

 

on 27 March 2018, the Emergency Decree on Non-Thais’ Working Management (No.2) (2018) (“Decree No. 2”) was issued. Decree No. 2 amended Decree No. 1.

Section 70 of Decree No. 1 (and the Act) provided that “a person who is granted permission for working may not carry out the work of the type, with the employer, in a locality or on any working condition that is different from that specified in their work permit unless permission under Section 71 is obtained.”

Section 71 of Decree No. 1 (and the Act) provided that “a person who is granted permission for working, and who intends to change or add the following particulars, must obtain permission from the Registrar: (1) type of work (2) employer (3) location or (4) working conditions.”

And Section 73 of Decree No. 1 (and the Act) provided that “no person may allow a foreigner to work in a manner different from the requirements specified in the work permit.”

However, and very significantly, Section 37 of Decree No. 2 repealed Sections 70, 71, and 73 of Decree No. 1.

Furthermore, Section 28 of Decree No. 2 provides that a work permit holder may engage in any work that is not specifically prohibited to all foreigners on the “Official List” of work prohibited to foreigners.