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Starting a business in Pattaya PDF Print E-mail
Pattaya barOne of the most common businesses that are started in Pattaya is either buying a bar in Pattaya or a guesthouse in Naklua or Jomtien. There a many options available to you when starting a business in Pattaya. The most common mistake is to register a bar or for that matter any business in the name of your girlfriend as if or when you divorce the business becomes a sticky legal issue. Always ensure that you take legal advice before starting a business anywhere in Thailand. These are the options available to you.

Thai partnership : an ordinary partnership  established  by a minimum of two people.  In this form of business  entity each partner has joint, several and unlimited liability for all of the partnership’s debts.  It is essential to find a trustworthy person to be your partner.  The partnership agreement must be registered with the Ministry of Commerce.

Thai limited company : the formation of a private limited company is more complicated, and will involve you in greater initial startup costs but it does have the distinct advantage of limiting your investment risk [this form of business entity is more properly called a limited liability company] and provides your business  with a more prestigious and established looking image.

Thai representative office : applicable only in the case of an established business the head office of which is located outside of Thailand.  The scope of business activities which may be conducted is also limited.

Call us today at our law offices in Pattaya for a discussion as to your options when doing business in Thailand.

 

 
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