Recently, Starry Law Firm Thailand was successfully retained as dedicated legal counsel to China Resources Gas Group Limited ("CR Gas"; stock code: 01193.HK). The firm will provide CR Gas with end-to-end, one-stop legal services, from company incorporation through the application for a BOI investment promotion certificate, supporting CR Gas in developing its business in Thailand and other overseas markets.
As the group's dedicated legal adviser in
Thailand, Starry Law Firm Thailand is providing comprehensive, detailed, and
end-to-end legal services focused on two core workstreams: the BOI
investment-promotion application and company incorporation. The engagement will
support the efficient establishment of the company's operations in Thailand and
lay a sound compliance foundation for its subsequent expansion in Southeast
Asia.
I. BOI Investment Promotion and Company Incorporation Support
China Resources Gas Group Limited is a company
listed on the Main Board of The Stock Exchange of Hong Kong Limited (stock
code: 01193.HK) and the core gas business platform of China Resources Group. It
has long focused on city gas, industrial energy, clean energy, and integrated
energy services, with operations spanning multiple provinces in China and
overseas markets. The establishment of a Thai subsidiary and the application
for BOI investment promotion form an important step in CR Gas's deeper strategic
presence in Southeast Asia and the advancement of its internationalization
strategy.
Subject to the approved business activity and
the conditions set out in the promotion certificate, BOI investment promotion
may provide eligible tax and non-tax incentives. These may include tax
incentives, foreign-exchange remittance privileges, and the ability for a
foreign investor to hold shares in a promoted business. Such incentives can
provide important support for investment, operations, and energy-infrastructure
development in Thailand and the surrounding region.
This engagement is another practical example of
Starry Law Firm's work in China-Thailand cross-border legal services. Looking
ahead, the firm will continue to leverage its Southeast Asia experience,
Chinese-Thai bilingual capabilities, and practical legal expertise to provide
Chinese enterprises and multinational groups with full-lifecycle legal support
for their expansion into Thailand, from investment implementation and BOI
applications to compliant operations and cross-border mergers and acquisitions,
supporting clients' sustainable development in Southeast Asian markets.