http://<URL Automatically Removed>/doing-things-legally/1...y-thailand.html

Thanks for trying.

Looks like the forum software prohibits the link.

A pity because there could be a lot more useful information on that website.

40 million baht ??? How much money do they think us farang's have got ?!

William. Could you, briefly, kindly explain how & why the article is out dated?

40 million baht ??? How much money do they think us farang's have got ?!

It's not reall meant for Joe Falang and his house, its intended for businesses under the BOI (Board of Investment) umbrella.

I have had a reply from William Jarvis

There is a whole section on that website for legal questions about Thailand.

Some very useful information there.

PM me if you want the URL

William. Could you, briefly, kindly explain how & why the article is out dated?

Hi mate.

The article is "out of date" in that it was written 3 years ago when I was still active in Thailand. I have been out of Thailand for almost a year and have not kept up-to-date with recent changes as best I should have to have maintained an article like that.

For example, there is no longer a need to have 7 shareholders in a Thai company. The requirement of 4 shareholders changed even earlier than that.

The basic fundamentals may remain similar, but the nitty gritty is dated.

I should also add that this formed part of a string of articles I wrote over a period of two or so years. The rationale for the article(s) was not to provide an answer to all problems or questions, nor were they written as a means of trying to entice people into entering into transactions they were not already considering. What they were intended to do, which I agree may not have happened, was to allow people to have a certain level of knowledge that if they were considering something, the articles could raise questions/issues the reader could raise with their advisers.

Also, as those who knew me in Thailand could probably vouch, I never advertised my services in Thailand. You either knew me or you didn't. I enjoyed writing articles for fun, but in no way were they intended to 'drum up' trade.

Most important however, as I no longer reside in Thailand, I would not wish those who do to consider entering a transaction based on something I wrote some time ago - and almost in a different life!