Setting up a company in Thailand

[HonkieH]

How much will it cost to set up a she'll company in Thailand?  

Asking for friend as this guy is being ripped off by his Thai partner (business).  Mr X put up most of the capital and all expenses but only have 32 percent of the company. His Thai friend just put 30 percent of the money but hold 68 percent. 

Mr X now wants to close the company, freeze the assets and start a new company. 

Any experts here can advise? 

[FriendlyFarang]

On 6/14/2023 at 2:26 PM, HonkieH said:

Mr X now wants to close the company, freeze the assets

How does he want to do this? It's not his company.

 

Setting up a new company through an accountant starts at about 12k, for this you get the basics.

Edited July 13, 2023 by FriendlyFarang