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Opening Business Under A Foundation

jlocke51432
jlocke51432
in SME Business in Thailand

Featured Replies

Can a foundation open a business to help support support the foundation expenses?

For example, could a foundation that does an after school program for at-risk children also open a small restaurant? All income going to the foundation.

    •
    • Like 1

    According to Civil and Commercial code, Section 110 a non-profit foundation may open a business so long as it benefits the Foundation.

    Sunbelt Asia has experiencing dealing with Foundations and can help you with the process to ensure that it is done completely legally.

    [sunbelt][/sunbelt]

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