Cheap Company Form

[raincoatedlover]

Hello Again!

What are the cheapest company form available to a farang? Suitable for running a small business with not too big investment (clothes shop/internet cafe etc). I can marry a thai if it helps. I can also have the company in a thai's name if there is more options available but I would prefer of course to be the owner. My thai partner has no knowledge at all in this area.

Thanks for all sorts of replies

[Sunbelt Asia]

Hello Again!

What are the cheapest company form available to a farang? Suitable for running a small business with not too big investment (clothes shop/internet cafe etc). I can marry a thai if it helps. I can also have the company in a thai's name if there is more options available but I would prefer of course to be the owner. My thai partner has no knowledge at all in this area.

Thanks for all sorts of replies

Some questions first?

What is the purpose of this business? Make money or hobby? What is your nationality?

www.sunbeltasiagroup.com

[raincoatedlover]

Hello Again!

What are the cheapest company form available to a farang? Suitable for running a small business with not too big investment (clothes shop/internet cafe etc). I can marry a thai if it helps. I can also have the company in a thai's name if there is more options available but I would prefer of course to be the owner. My thai partner has no knowledge at all in this area.

Thanks for all sorts of replies

Some questions first?

What is the purpose of this business? Make money or hobby? What is your nationality?

www.sunbeltasiagroup.com

We could say, make money with a small investment.. I'm from Sweden. I feel that this 2 million bath company is a lot of money for just starting an internet cafe in thailand. I also lack knowledge about company economy, accounting etc.. Can I use this 2 million baht to buy things (computers etc) to the company? The reason why I ask is because I have been running a small business home in sweden before and we have many different company forms, some more suitable for small businesses.

[Sunbelt Asia]

We could say, make money with a small investment.. I'm from Sweden. I feel that this 2 million bath company is a lot of money for just starting an internet cafe in thailand. I also lack knowledge about company economy, accounting etc.. Can I use this 2 million baht to buy things (computers etc) to the company? The reason why I ask is because I have been running a small business home in sweden before and we have many different company forms, some more suitable for small businesses.

The 2 million Baht does not have to be paid in cash. The shares can be paid with non-cash assets as well. However, any cash paid for the register capital can be used towards the business operations.

www.sunbeltasiagroup.com

[raincoatedlover]

We could say, make money with a small investment.. I'm from Sweden. I feel that this 2 million bath company is a lot of money for just starting an internet cafe in thailand. I also lack knowledge about company economy, accounting etc.. Can I use this 2 million baht to buy things (computers etc) to the company? The reason why I ask is because I have been running a small business home in sweden before and we have many different company forms, some more suitable for small businesses.

The 2 million Baht does not have to be paid in cash. The shares can be paid with non-cash assets as well. However, any cash paid for the register capital can be used towards the business operations.

www.sunbeltasiagroup.com

Ok I see.. And if I'm married to a thai national, is it enough with 1 million baht?

Next question is, if I have this company, can I rent two shops and run two different kinds of businesses? Like an internet cafe and a beauty salon for example?