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Opening A Company

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Two long time business associates (one Thai the other European) are considering opening their own travel company.

My question is,

Is it more prudent to open a company at the usual 49/51% share ratio or would establishing a simple and legally binding partnership agreement (drafted by attorneys) offer any additional benefits or disadvantages on my part as a foreigner in Thailand?

Any help and advice would be most welcome.

Thanks.

Send a mail to Sunbelt Asia ( a sponsor of Thaivisa ) That is their business, and they are good at it, competitive too. Link on opening page of the forum.

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