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Fair Dividends Allocation

iBike
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iBike Rookie Member

iBike

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Posted

Hi TV'ers

 

About to incorporate in Thailand. through a joint venture with 51% Thai partner. My partners workload allocation is limited to some simple accounting and tax work for a small start up business.

 

Through preferred shares I want to limit the Thai shareholders right to dividends.

 

Does anybody know the legal limit of dividends that can be allocated? Of if it is negotiable, in your experience, what is a fair % to allocate?

 

Cheers,

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