Starting a Sole Proprietorship Company for a Thai National

[ucomservices]

I would like to open a Sole Proprietorship in my son's name who is a thai national.

Kindly advice.

[Sunbelt Asia]

As a Thai national it is possible for your son to own a sole proprietorship company, but how old is he? And what is the business objective of this entity? Please be reminded that the liability for this type of entity is unlimited. The Child Protection Act controls and restrict any act which could place a burden on a minor child (under Thai law, any age below 20 is still consider a minor) with liabilities.

If your child is under 20 then, it is unlikely it would be approved for this reason

[sunbeltlegal][/sunbeltlegal]