Hi everyone! I want to start a company in Thailand without relocating to the country. So, I need to purchase a company registered in Thailand with Nominee Director on a long-term basis.

It would be great if someone will provide me with this service or at least help with advice.

Thank you in advance,

Sergey

If you buy an existing company you also buy all its assets and liabilities, known and unknown.

 

This is not something that I would be prepared to do in Thailand.

I was a little bit misunderstood. I am not about to purchase existing company. I want to buy new company with a full range of nominee services.

You want to set up a new company then. There are lots of lawyers/accountants who do company formation so you should probably ask some of them.

Could you recommend any?

No, sorry. I would not get involved with owning a company in Thailand under any circumstances. Nor would I want to get involved with lawyers here.

On 10/11/2016 at 6:36 PM, Smel said:

Could you recommend any?

Ms. Sommai Bunjong Incorporation Advisor

Panwa Group of Companies Corporate and Secretarial Services Head Office - Bangkok, Thailand Tel. 02 933 6121, 02 933 6122

Fax. 02 933 6120

website: www.panwagroup.com

Edited October 13, 20169 yr by Mark T

I wouldn't be put off by negative comments on here. I have started 3 companies here (to buy property, still have two) never had the slightest problems. Didn't use a Lawyer to start them. An accountant did my first one, not sure what qualifications the next two had (if any). People with "know how" seem to do as good a job as anybody else.

       I do have a Lawyer do my yearly accounts but that is simply for convience, she lives quite near me.

On 10/11/2016 at 5:36 PM, Smel said:

Could you recommend any?

you should avoid owning a company in thailand. i have had one here for 10 years and it is very hard to make money. i would say 80% of business fail within 2 years, maybe more.  thailand is a fantastic country, you can ruin it by falling in love with a bargirl or starting a business.

why would you want a company here if you dont want to live here?

that being said i have a very good lawyer and accountant in pattaya. expensive but cheaper in the long rum. PM me if you want their details.

You understand that nominees are illegal ? You know that if caught you stand to get fined or jailed ?

»I want to start a company in Thailand... ...purchase a company registered in Thailand with Nominee Director...«

 

It's illegal.

 

Nominee directors are illegal and a nominee shareholder (or two), which you may also need, is illegal; today Thai-shareholders shall prove fund for the shares.

 

I will advise you to talk to a lawyer experienced in setting up company limiteds for foreigners – first consulting is normally free of charge, so you can get updated information about your possibilities to work around the intentions of present Thai laws. You may need a shareholder capital of 2 million baht, and minimum 3 shareholders, and 51% of the shares shall be held by Thai nationals; lately I heard from others that their lawyers asked them to find the Thai shareholder(s) themselves. 

Edited October 13, 20169 yr by khunPer