Business in thailand - us company

[simon43]

Hi - I've previously enquired about running my UK Ltd company business in Thailand - and understand the need to register a Thai company etc etc.  But reading through the information I see that American companies get special treatment in Thailand.  Now I also own a US company (LLC registered in Delaware).  Would use of this US company be a good route into operating my business in Thailand? What advantages (if any), would there be over using my UK company?  Do I have to be an American citizen to take advanage of any benefits??

Thanks

Simon

[george]

You must be a US citizen, Simon:

Under the Treaty of Amity between Thailand and the USA, companies and shareholders who qualify as US citizens and their subsidiaries incorporated in Thailand are not subject to many of the restrictions of the Alien Business Law.

In order for a company to qualify under the Treaty of Amity it must (i) be incorporated in the USA (ii) be majority owned by US citizens or US companies and (iii) have a board of directors (management) controlled by US citizens or US companies.