Setting up a Thai company

Member since 16 September 2019

Garry_84New member16 September 2019 20:23:21

Hi all,

Has anyone got experience in setting up a Thai company through a local (CM) accountant, I've done a fair bit of research but find conflicting information at every turn.

Any help from expats that have successfully done this I'd love to hear how easy you found and the obstacles you had to over come.

Thanks

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Chalanda Contributor

Member since 21 January 2019

ChalandaContributor17 September 2019 06:15:15

100

No where near as expensive as some end up paying to their high class lawyer/Ripoff merchants

https://www.facebook.com/pg/notarypublicthai/posts/

Garry_84 New member

Member since 16 September 2019

Garry_84New member17 September 2019 10:38:51

Thanks. I’m well aware not to go through the big companies that advertise, I’ve got a couple of friends who have gave me a rough idea of costs but... they tell me not to worry and just sort it when I arrive next June. However I’d like to find out as much as I can about how it works and then the ongoing costs etc

Chalanda Contributor

Member since 21 January 2019

ChalandaContributor17 September 2019 15:15:17

100

What kind of company are you going to start?

Garry_84 New member

Member since 16 September 2019

Garry_84New member17 September 2019 16:52:32

I have a photography and event hire business in UK so I plan on continuing with what I know best.

UnStuckable New member

Member since 17 September 2019

UnStuckableNew member18 September 2019 07:07:34

I wish you good luck my brother!

Chalanda Contributor

Member since 21 January 2019

ChalandaContributor18 September 2019 13:35:21

100

Do you have a Thai partner/wife/girlfriend who will be a shareholder.

Garry_84 New member

Member since 16 September 2019

Garry_84New member18 September 2019 14:56:35

I have a trusted Thai friend

Chalanda Contributor

Member since 21 January 2019

ChalandaContributor21 September 2019 06:25:03

100

Maybe your best bet might be a limited Partnership according to My BF ( A Scot like you) He set up a company and told me he has a Thai lady friend take 2% he had 49% and his ex and her family had 49% and she never met his friend. He signed all the cheques and made all the decisions.

Garry_84 New member

Member since 16 September 2019

Garry_84New member21 September 2019 08:10:57

#10

Thanks, how long ago did he set up his company? I’ve done a heap of research and every time I find out something new it contradicts what I’ve already read.

Chalanda Contributor

Member since 21 January 2019

ChalandaContributor23 September 2019 03:06:43

#11

100

It's been a while but that is why he gave me that link to send you. They should be able to answer all your questions without charging you better than anyone on here.

Plenty out there make it look complicated but the law is the law and the only difference is how much they charge you