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Looking For Legal Help With Visa And Setting Up A Company

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Hi all.

I'm looking for a solicitor to get some legal work done. Nothing complicated, just visas and setting up a company. Any suggestions who is good/reliable/cheap?

Our expert Legal Advisors can with visas, work permit and company setup and legal issues.

sunbelt.jpg

www.sunbeltasia.com

26th Floor Fortune Town BR, 1 Ratchadapisek Rd, 10400 Bangkok

Tel: 02-642-0213 Fax: 02-641-1995

Follow us on:

facebook.png twitter.png

Our expert Legal Advisors can with visas, work permit and company setup and legal issues.

sunbelt.jpg

www.sunbeltasia.com

26th Floor Fortune Town BR, 1 Ratchadapisek Rd, 10400 Bangkok

Tel: 02-642-0213 Fax: 02-641-1995

Follow us on:

facebook.png twitter.png

website should be www. sunbeltasiagroup.com

Another thing to consider carefully is the shared ownership of your company-to-be.

I guess you know that foreigners are not allowed to own a majority in a Thai company, which limits you to a maximum of 49% ownership.

Some law firms offer to arrange a system of nominees - basically spreading out the Thai part on small lots of 2-3% each

on a lot of people who don't know each other - thus giving you a solid control even though you only have 49%.

I would not recommend that. You will have a problem locating them all if you i.e. want to change law firm later etc.

A better way is to involve a trusted friend - of Thai origin of course.

If you do it ONLY with your wife/GF/spouse it will be:

you: 49%

her: 51%

Better to do it with a third part involved ( who you can trust to be on your side )

You: 48%

Her: 48% or 47%

Your friend; 4-5%

Also, if I remember it right, there might be a requirement for at least three board members.

Whatever you do, keep your in-laws/her family out of it! :)

Also make sure to register a wide range of objectives for your business, as the objectives ( type of business ) you

specify will determine what is tax-deductable and not in your bookkeeping.

Cheers :D

Another thing to consider carefully is the shared ownership of your company-to-be.

I guess you know that foreigners are not allowed to own a majority in a Thai company, which limits you to a maximum of 49% ownership.

Some law firms offer to arrange a system of nominees - basically spreading out the Thai part on small lots of 2-3% each

on a lot of people who don't know each other - thus giving you a solid control even though you only have 49%.

I would not recommend that. You will have a problem locating them all if you i.e. want to change law firm later etc.

A better way is to involve a trusted friend - of Thai origin of course.

If you do it ONLY with your wife/GF/spouse it will be:

you: 49%

her: 51%

Better to do it with a third part involved ( who you can trust to be on your side )

You: 48%

Her: 48% or 47%

Your friend; 4-5%

Also, if I remember it right, there might be a requirement for at least three board members.

Whatever you do, keep your in-laws/her family out of it! :)

Also make sure to register a wide range of objectives for your business, as the objectives ( type of business ) you

specify will determine what is tax-deductable and not in your bookkeeping.

Cheers :D

There must be a minimum of 3 shareholders, unless its a Limited Partnership, then it can be two, but the shareholding must be higher on the Thai side with a limited partnership than 51%

There must be a minimum of 3 shareholders, unless its a Limited Partnership, then it can be two, but the shareholding must be higher on the Thai side with a limited partnership than 51%

I have a Limited Partnership Thai side 48% + 4% = 52% My side 48%.

But.. 52% is more than 51%, that's very true.. :)

It was registered in 2002. Maybe the rules have changed since then.

  • Author

Thanks for the replies, very useful.

Someone gave ma the name Thai Legal Pro, run by a Dutch or German guy. Anything known? Anyone have experience of them? Are they honest?

1 post deleted. Naming and shaming is not allowed on the forum. You can recommend or not recommend, but not go into any specifics.

After some disappointing experiences, 10 years ago, we had the good fortune to run into:

MSNA LTD.

47 Soi Pokaew, Nawamin Rd.

Klongchan, Bangkapi,

Bangkok 10240

Tel. 02.949 7239

Fax. 02.948 3934

Ask for Khun Rad

They are handling the bookkeeping for the Brittish- and American Chambers of Commerce, among others.

Taxation, Audits, Payroll, Company Set-up,

Work permits, Visa and many more.

We work with them for 10 years now and never looked back

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