So,summing Up!

[mr-chris]

Correct me if I'm wrong please.

When I get to Thailand, I should visit a legal office and begin by setting up a Limited company. The over-all cost being about B35000 as long as I build the company with a Thai partner who will probably own more % than me and as long as the company does not include 'directors'.

I should be able to do this and afford a work permit for myself as long as there are at least 4 Thais registered as working for the company.

Later, when the company can afford to do so, put up a 'guarantee' of B2,000,000 to afford directorship and allow the company to afford a further foreign employee. (as per ratio, 4 : 1)

Present business plan and related docs, i.e. lease of premises etc. and proof of funds with which the company will initially survive.

To be able to be considered for WP, must leave Thailand and apply for non img B visa (poss 5 mins - 5 days wait).

Once application is submitted, begin work (at my own risk, should a copper be having a bad day etc.) but making sure I carry relevant proof of application being submitted.

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Next, If I take on a Thai partner (let's just say an Ex-wife !!) will I be able to 'assure' the safety of the business and assume total control making her a 'silent' partner by way of legal agreement ?

[kenkannif]

^ I thought you were interested in setting up a school mate???

[mr-chris]

That is the general idea, why?

To my understanding, the business being a private tuition centre, language school, I'd have to set it up as a limited company with all the usual strings.

[kenkannif]

Nope I don't think so. We're a language school and don't have to conform to all those things.

[mr-chris]

Back to the drawing board .....

[redrus]

Back to the drawing board .....

Bugger the drawing board Chris, just ask Ken.....

redrus

[mr-chris]

Back to the drawing board .....

<{POST_SNAPBACK}>

Bugger the drawing board Chris, just ask Ken.....

redrus

<{POST_SNAPBACK}>

OK .

Ken. Can you advise me pls or link me up with someone who can and has the time to brief me with a plan of action?

Many thanks in advance.

PS. I'm putting up a full, detailed question for Sunbelt this morning. Catch you over there I hope. Oops! I'm here already, must be the lack of coffee. Still, I'm off to do your scopes. Back later.

Edited November 11, 2005 by mr-chris

[astral]

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