Change the Thai partner in the company

[gal29]

Sorry if its not the The right place for this question.

And the question is:

A thai company existing and workong allredy allmost 3 Years

with a 3 Share holders / Partners ( tours busines)

1 forigner and 2 thai citizens, the busines is going wall and There are no problems

have a account office, have a lawyer, evrething is legal and and approved.

the two thai partners dont want anymore to be a partner/Share holders they want to leave the company

from they personality reasons. they not ask for nothing and dont want nothing.

now have one foreign partner that need more two partners,

so one more partner will Another one foregin, and the the problem is how to find new thai partner ?

need advice ?

[ubonjoe]

Moved to the Business forum.

[Maestro]

There must be more Thai shareholders than foreign shareholders, and the Thai shareholders must hold more than 50% of the total number of issued shares.

[innerspace]

Thai shareholders must hold over 50% (except in a few rare excpeptions) but doesn't mean that must be more Thai shareholders.

60% Thai 20% foreign 20% foreign is ok.

Preferred shares and pre sale of shares are your friends.