More problems for company limiteds with no real activity?

[silverbird]

Regret I did not notice the following has been posted by dr dave soul monsta this morning under "News". I do not mind if this one will be closed to avoid overlapping. (edited by Silverbird after reading the other one)



The following was posted by [ edited by admin ] at another sight this morning:


Order of the Business Registration Office
Department of Business Development
Order No. 102/2549
Specification of supplementary document required for the partnership and company limited registration.

--------------------------------

Pursuant to the Order of the Business Registration Office No. 1/2538 Regulations for the Partnership and Company Registration B.E.2538, dated on March 13, 1995 (BE 2538), stipulates that the person, who desires to register a partnership and company limited, is subjected to submit the application form and the supplementary document complying to the appendix of the aforementioned Order;
Now, under the Condition 3, Clause 3, of the Ministerial Regulation regarding to the establishment of the Business Registration Office, the appointment of the registrar and the determination of the rules and regulations for the partnership and company limited registration B.E.2549 which is issued under the Civil and Commercial Code (in the section regarding to the Partnership and Company), the Registrar General hereby stipulates the rules and regulations for the registration of the partnership and company limited which has the foreigner(s) holds the shares of the partnership or company at the proportion begins from 40% but less than 50% of the registered investment capital, or the foreigner holds the shares less than 40% of the registered capital and the foreigner is authorized to act on behalf of the said partnership or the company limited. For the aforementioned case, all Thai national shareholders are subjected to submit the evidences showing the source of the investment together with the application form of the business registration. The said evidence shall contain the detail of the amount of money which matches to the amount of the investment that each Thai shareholder has invested in the Company or the partnership. The required evidence shall be one of the following documents:

1. Copy of the bank statement of the most recent record of the last 6 months or;
2. any document which issued by the Bank to certify the financial status of the shareholder or;
3. Copy of the evidence that shows the source of the investment that the Thai shareholder invested in the partnership or company limited.

This regulation shall be commencing in full force from this August 15, 2006.

Order dated on July 20, 2006

Ms. Orrajit Singkhalawanitch
Director-general of Department of Business Development
The Registrar General
___________________________________________________________________________

If a foreigner wants to use nominees, this will be a issue.

This supplementary document will not be a issue if you JV with Thai shareholding companies who are interested in doing joint venture and provide a service. If you do a JV, your company can be registered and you as a foreigner can be in control of the company.

We utilize other sophisticated legal strategies as well that will allow the company to be registered and legal. The old days of a number of foreigners just having nominees are over.

For Americans, its a no brainer, use the Amity treaty NOW!

[ edited by admin ]

[dr dave soul monsta]

The post is fine but no need to give this company name or link back to them on this site.The information is Sufficient
TA!