why....why?

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Member since 03 February 2013

chinaex.tradeNew member19 August 2013 13:40:52

i was in thailand for 2 time, trying to open my own business there , but i found out ,that's i need a local partner.
so i don't understand ,why this law....

chinaex.trade New member

Member since 03 February 2013

chinaex.tradeNew member19 August 2013 13:42:16

no one can take a partner like that... spasaly when u r new in the country

Straydog Serial expat

Member since 21 May 2010

StraydogSerial expat19 August 2013 13:56:59

611

Yes its the law. To open a business you must create a Thai company but you cannot own more than 49% of that company. The other 51% must be Thai owned.

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