Choice of Legal Entity Structure in Thailand

Private Limited Company

So far the most prevalent form of organization that is used in Thailand by private limited company. A private limited company just a company that is at least 3 shareholders (all of which U.S. citizens and / or treaty are applied can be a once privileged corporations) and at least 1 director resident in Thailand (domiciled ) (which may also be a U.S. national.)

Private limited company the liability of shareholders is limited to the amount of share capital. Shareholders of the appointment of Director (s), the article sets a register and memorandum of association, both of which remain under the control of shareholders according to the work.

A Thai private limited company's business activities are set out in his memo. Activities generally are drafted very widely in terms of the Memorandum 6 business activities prohibited under the treaty of any permit, a private limited company usually has about any kind of activity that a U.S. corporation It will need to be able to work in Thailand. But whilst a private limited company in Thailand to do business the most widely known and most common form, it may not be the most advantageous structure.

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