what is a corparation

[afzal]

Hello everyone,

what is a company corporation?

example:

intel corporation

microsoft corporation

abc corporation

like that

can name corporation for a Thailand based limited company?

have any legal side for corporation?

maybe my question is like a joke

sorry

Thanks for your good advice's

[stoneyboy]

https://en.m.wikipedia.org/wiki/Corporation

Thank you for your cooperation.

[onthemoon]

Some countries use the word corporation, others use company.

I don't know of any company in Thailand using the word corporation in the English translation of their company name and can imagine that Thai law does not allow that. I don't know that, but my point is that the difference is a matter of translation not form of legal entity.

[Tywais]

Some countries use the word corporation, others use company.

I don't know of any company in Thailand using the word corporation in the English translation of their company name and can imagine that Thai law does not allow that. I don't know that, but my point is that the difference is a matter of translation not form of legal entity.

Corporations

A corporation is a business entity that legally exists separately from its owner(s). The owners of a corporation are shareholders; their percentage of ownership in the business is represented by their corporate stocks or shares. Shareholders can choose a board of directors to manage business operations, or they can create a shareholders' agreement, which will allow them to manage the business directly.

Corporations are more complex than unincorporated businesses. You will need to file the taxes for the corporation separately from your personal taxes. In most states, you will not be held personally responsible for corporate debts.

http://smallbusiness.chron.com/difference-between-corporation-company-5182.html

[saakura]

Some countries use the word corporation, others use company.

I don't know of any company in Thailand using the word corporation in the English translation....

.

Singha Corporation Company Ltd.; and many others.

[onthemoon]

Some countries use the word corporation, others use company.

I don't know of any company in Thailand using the word corporation in the English translation of their company name and can imagine that Thai law does not allow that. I don't know that, but my point is that the difference is a matter of translation not form of legal entity.

Capture.JPG

Corporations

A corporation is a business entity that legally exists separately from its owner(s). The owners of a corporation are shareholders; their percentage of ownership in the business is represented by their corporate stocks or shares. Shareholders can choose a board of directors to manage business operations, or they can create a shareholders' agreement, which will allow them to manage the business directly.

Corporations are more complex than unincorporated businesses. You will need to file the taxes for the corporation separately from your personal taxes. In most states, you will not be held personally responsible for corporate debts.

http://smallbusiness.chron.com/difference-between-corporation-company-5182.html

I cannot view the file Capture.jpg, as apparently I don't have permission. The website you mention is about US law, but the OP enquired about Thai law.

[onthemoon]

Some countries use the word corporation, others use company.

I don't know of any company in Thailand using the word corporation in the English translation....

Singha Corporation Company Ltd.; and many others.

Their company name is "borisat singha corporation jamkad", so "corporation" is not a translation of "company" but part of their company name.

Correctly translated, it is Singha Corporation Co., Ltd., as you correctly mention above. Not "Singha Corporation Limited" or anything like that. The form of incorporation is "Company Limited", not "Corporation".

What are the others you had in mind? Do you know of any company that translates "jamkad" legally into "corporation"?

[Tywais]

I cannot view the file Capture.jpg, as apparently I don't have permission.

A company that probably the majority of expats are familiar with - True Corporation Public Company Limited

[onthemoon]

I cannot view the file Capture.jpg, as apparently I don't have permission.

A company that probably the majority of expats are familiar with - True Corporation Public Company Limited

Here again: The word "corporation" is just a word, a part of the company name. It is incorporated as a PCL, Public Company Limited, not Public Corporation Limited.

[Tywais]

I cannot view the file Capture.jpg, as apparently I don't have permission.

A company that probably the majority of expats are familiar with - True Corporation Public Company Limited

Here again: The word "corporation" is just a word, a part of the company name. It is incorporated as a PCL, Public Company Limited, not Public Corporation Limited.

You're just being obtuse now. You can not use the word Corporation unless it is an incorporated business. It is not just part of a company name, it defines it legally. Clearly no point in continuing a discussion with someone who doesn't get it.

BTW - Shin Corp., Mitr Phol Sugar Corp, Central Retail Corp., etc.

[onthemoon]

I cannot view the file Capture.jpg, as apparently I don't have permission.

A company that probably the majority of expats are familiar with - True Corporation Public Company Limited

Here again: The word "corporation" is just a word, a part of the company name. It is incorporated as a PCL, Public Company Limited, not Public Corporation Limited.

You're just being obtuse now. You can not use the word Corporation unless it is an incorporated business. It is not just part of a company name, it defines it legally. Clearly no point in continuing a discussion with someone who doesn't get it.

BTW - Shin Corp., Mitr Phol Sugar Corp, Central Retail Corp., etc.

I bow to your superior knowledge about Thai incorporation law. Never mind that we are only talking about incorporated businesses anyway.

I am looking forward to your knowledgeable advice to the OP how a company is different from a corporation according to Thai law, and also, what the different words in Thai are. I am always happy to learn.