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Setting Up A 49% Owned Legal Company.

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Hey,

I've been living here for a few years and will probably spend the rest of my life here. I wish to set up a company so that any future assets I buy (house, small business) can be bought in the company's name.

As I understand it I can set up a company where I have 49% ownership with 51% owned between 8 Thai shareholders.

Can anyone tell me the requirements needed to do this?

What entitlements will the Thai shareholders have, will they be entitled to a share of the profits from any business venture?

Can the company lay dormant for a number of years before it is used for anything?

This is with reference to buying land and building cheap student accommodation close to a university, probably 20 or so small apartments at a future date as well as assets such as a house and car and probably a small business.

Thanks.

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