By far the most prevalent form of entity that is used in Thailand is the private limited corporation. A private limited corporation is simply a corporation that has at least 3 shareholders (all of which can be US nationals and/or corporations once the Treaty privileges are invoked) and at least 1 director who is resident (domiciled) in Thailand (who may also be a US national). The liability of the shareholders is limited to the amount of the private limited corporation’s share capital.
Tags: | current affairs | fitness | spirituality |
April 11, 2011
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