Smel Posted October 6, 2016 Share Posted October 6, 2016 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 Link to comment Share on other sites More sharing options...
KittenKong Posted October 7, 2016 Share Posted October 7, 2016 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. Link to comment Share on other sites More sharing options...
Smel Posted October 11, 2016 Author Share Posted October 11, 2016 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. Link to comment Share on other sites More sharing options...
KittenKong Posted October 11, 2016 Share Posted October 11, 2016 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. Link to comment Share on other sites More sharing options...
Smel Posted October 11, 2016 Author Share Posted October 11, 2016 Could you recommend any? Link to comment Share on other sites More sharing options...
KittenKong Posted October 11, 2016 Share Posted October 11, 2016 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. Link to comment Share on other sites More sharing options...
Mark T Posted October 13, 2016 Share Posted October 13, 2016 (edited) 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, 2016 by Mark T Link to comment Share on other sites More sharing options...
dotpoom Posted October 13, 2016 Share Posted October 13, 2016 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. Link to comment Share on other sites More sharing options...
williamgeorgeallen Posted October 13, 2016 Share Posted October 13, 2016 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. Link to comment Share on other sites More sharing options...
SOUTHERNSTAR Posted October 13, 2016 Share Posted October 13, 2016 You understand that nominees are illegal ? You know that if caught you stand to get fined or jailed ? Link to comment Share on other sites More sharing options...
khunPer Posted October 13, 2016 Share Posted October 13, 2016 (edited) »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, 2016 by khunPer Link to comment Share on other sites More sharing options...
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