Motorcycle Shop

[vijer]

Would a foreigner be allowed to own and operate a shop selling motorcycles with his Thai wife?

[Sunbelt Asia]

An American can start an Amity company to have a shop selling motorcycles and would be able to own the company outright. You could also start a partnership with your wife but would most likely not be able to obtain a work permit.

The best option is to open a Limited Company with 3 shareholders, Thai nationals will have to own more than 51% of the shares. With 2 million baht in registered capital (this can also be in assets) and four Thai employees you would then be able to obtain a work permit to work in your business

Sunbelt Asia has extensive experience setting up companies in this manner, please contact us for a free consultation.

[sunbelt][/sunbelt]