Opening And Maintaining A Company For Investment Purposes

[somchaismith]

Yes. I've used the search the function, got some information, now I need more.

I've got my eye on some Bangkok property as an investment. Would now like to open the bare minimum limited company as a means to purchase it.

I'd use a legal firm/lawyer, cause I'd need them to handle the whole setup process, i.e: shareholders, them to show the capital (right now, I don't have millions of baht readily available), etc. Now, a couple of questions. What kind of fees do they charge for the initial company setup? Once it's setup would there be much annual paperwork? Would I need the services of an accountant every year, or could I use the same mob which handled the setup process?? What fees do they charge?

While I was googling I saw a Hua Hin based real estate group advertising fees of under 20k baht for startup and annual fees not over 20k for bookkeeping and having an authorised auditor. Are they reasonable costs? I'm in BKK, so I guess they wouldn't be of much use to me, as I don't want to travel to far.

[jaapfries]

Just PM me nd I'll put you in the right direction,okay ?

Cheers

JGK

[gotlost]

You may want to read this.

http://www.thaivisa.com/forum/Land-Office-...ml#entry3324456

[somchaismith]

^ That's handy to be aware of, cheers .

[somchaismith]

Still got this in the pipeline--any further advice?