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Foreign shareholder of a thai company

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I have a friend starting a thai company and he has asked me to be one of the foreign shareholders.

Are there any legal obligations or responsibilities that I am assuming if I become a shareholder?  If the company does anything wrong, will this affect the shareholders in any way.  Will I have to file any forms of any kind such as tax or income reporting?

As a regular shareholder you have no extra responsibilities just because you are a foreigner. Your risk is your share capital!

If you are a GM, MD or board member you have.

If you are employed with a work permit, you would be shure that all paperwork is ok and the companys activities are legal.

  • 5 years later...

Bump Bwhahahahaha

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