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Contract Drafting → Bilingual Commercial Contract Drafting (Thai/English)

Bilingual Commercial Contract Drafting (Thai/English) 📝

iVC 2025

Drafting, review, and negotiation support for commercial contracts under Thai law with a mirror English version. Every clause is drafted for enforceability in Thai courts AND intelligibility for foreign counterparties. Standard architecture includes choice-of-law, dispute resolution (Thai courts, SIAC, ICC, or HKIAC arbitration), PDPA-compliant data processing schedule, IP assignment, boilerplate calibrated to CCC Sections 149–193 (validity, formation, mistake, fraud, duress, undue influence).

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Quick answer: Bilingual Commercial Contract Drafting (Thai/English)

"ร่างสัญญาพาณิชย์ 2 ภาษา ไทย-อังกฤษ · Fees THB 8,000–150,000. Suited to: Cross-border commercial parties: SaaS vendors, distribution/franchise counterparties, joint-venture partners, employers of expatriate executives, IP licensors, and M&A parties needing enforceable bilingual instruments."

01Can an English-language contract be enforced in a Thai court?
Yes, but the court will require a certified Thai translation and interpret ambiguities against the drafter. iVC recommends bilingual execution from Day 1 and an explicit 'in case of conflict, [Thai/English] version shall prevail' clause chosen deliberately.
02Which choice of law should I pick?
Depends on counterparties and enforcement venue. If money and counterparty are in Thailand, choose Thai law + Thai courts. Cross-border deals with an MNC counterparty often accept Singapore law + SIAC arbitration under the New York Convention (enforceable in 172 countries). iVC advises case-by-case.
03How much liquidated damages can an NDA specify?
Under CCC Section 383, damages must be a reasonable pre-estimate of actual loss; courts may reduce excessive amounts. Common practice: THB 500,000 – 5,000,000 tied to expected loss with a documented 'reasonable pre-estimate' clause.
04Is an MOU legally binding?
Depends on the drafting. An MOU expressly marked non-binding on commercial terms is not enforceable for damages, but certain clauses (confidentiality, exclusivity, expense allocation) can still bind. iVC drafts MOUs with clean separation of binding vs. non-binding sections.

แหล่งข้อมูล:

Scope of services

  • 1.Master Services Agreement (MSA) + Statement of Work (SOW)
  • 2.Distribution / franchise / reseller agreement
  • 3.Joint Venture Agreement + Shareholders Agreement
  • 4.Employment agreement for expatriate executives (with work-permit compliance)
  • 5.Non-Disclosure Agreement (mutual / one-way)
  • 6.IP assignment and licensing (patent, trademark, copyright, know-how)
  • 7.SaaS Terms of Service + Data Processing Agreement (PDPA)
  • 8.Loan agreement + intercreditor agreement
  • 9.Memorandum of Understanding (with clear binding / non-binding delineation)
  • 10.M&A: Share Purchase Agreement, Escrow Agreement, Disclosure Letter

Compliance & Legal Basis

  • §Civil and Commercial Code Sections 149–193 (contract validity)
  • §Civil and Commercial Code Section 383 — liquidated damages
  • §Unfair Contract Terms Act B.E. 2540 (1997) — B2C protection
  • §Personal Data Protection Act B.E. 2562 (PDPA) — Section 40 Data Processing Agreement obligation
  • §Trade Competition Act B.E. 2560 — exclusivity, RPM, tying restrictions
  • §Arbitration Act B.E. 2545 — enforcement of foreign arbitral awards (New York Convention 1958)

Timeline

  1. Day 1
    Instruction call, term sheet review, scope memo.
  2. Day 2–5
    First draft delivered.
  3. Day 6–10
    Counterparty review + redline rounds.
  4. Day 11+
    Execution + notarisation if cross-border.

Deliverables

  • Bilingual Thai/English contract (side-by-side or Thai + English translation)
  • Explanatory memo highlighting risk clauses and negotiation levers
  • Redline history from initial draft to executed version
  • Executed originals + digitally-signed copies (compliant with Electronic Transactions Act)

iVC Edge

  • Every clause is drafted twice — for Thai court enforceability AND foreign counterparty clarity
  • Explicit prevailing-language clause with reasoned recommendation per jurisdiction
  • In-house PDPA specialist for Data Processing Schedules
  • SIAC / ICC / HKIAC arbitration drafting experience — we know which seat suits your risk profile

Red Flags to Avoid

  • Contracts in English only, executed in Thailand with a Thai counterparty — you may lose the ability to enforce specific performance in Thai courts
  • Liquidated damages set arbitrarily high — Section 383 permits the court to reduce them
  • MOUs presented as 'non-binding' with binding confidentiality/exclusivity clauses buried inside — separate them
  • SaaS Terms of Service copied from US template — often contradict PDPA and Thai consumer protection law
Fee range
THB 8,000150,000
Free scoping call · Fixed fee before work starts · No hidden charges

Frequently asked questions

Can an English-language contract be enforced in a Thai court?

Yes, but the court will require a certified Thai translation and interpret ambiguities against the drafter. iVC recommends bilingual execution from Day 1 and an explicit 'in case of conflict, [Thai/English] version shall prevail' clause chosen deliberately.

Which choice of law should I pick?

Depends on counterparties and enforcement venue. If money and counterparty are in Thailand, choose Thai law + Thai courts. Cross-border deals with an MNC counterparty often accept Singapore law + SIAC arbitration under the New York Convention (enforceable in 172 countries). iVC advises case-by-case.

How much liquidated damages can an NDA specify?

Under CCC Section 383, damages must be a reasonable pre-estimate of actual loss; courts may reduce excessive amounts. Common practice: THB 500,000 – 5,000,000 tied to expected loss with a documented 'reasonable pre-estimate' clause.

Is an MOU legally binding?

Depends on the drafting. An MOU expressly marked non-binding on commercial terms is not enforceable for damages, but certain clauses (confidentiality, exclusivity, expense allocation) can still bind. iVC drafts MOUs with clean separation of binding vs. non-binding sections.

How does a Shareholders Agreement differ from the company Articles?

The Articles (BOJ.5 filing) are public record with DBD. A Shareholders Agreement is a private contract among the shareholders — it can address vesting, drag-along, tag-along, ROFR, board seats, deadlock resolution in detail and remain confidential. Every venture with ≥ 2 shareholders should have both.

What is a PDPA Data Processing Agreement?

Under PDPA Section 40, a Data Controller who engages a Data Processor must sign a Data Processing Agreement covering purpose, categories of personal data, security measures, sub-processors, breach notification, and deletion. iVC maintains a template used across 20+ SaaS engagements.