unused company
unused company
We opened a Thai ltd company in august to buy our house and we have now decided to go lease route, hence if anyone is interested in an unused company with 2 farang directors and 7 Thai shareholders at cost please pm me for details.
I have an unused company as well with one foreign director(me) and 7 thai shareholders. Same thing as above. I went the lease route in my own name.
I was going to close but put it off because i don't like dealing with the lawyers if you want to call them that.
Why would someone buy an unused company instead of setting one up themselves?
I was going to close but put it off because i don't like dealing with the lawyers if you want to call them that.
Why would someone buy an unused company instead of setting one up themselves?
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When was the company set up?
What value is it?
When were the accounts last submitted?
To answer someones question. Legislation changes made recently do not all affect companies set up before the cut off date.
I still believe though that a company such as this would be of no use to buy property.
What value is it?
When were the accounts last submitted?
To answer someones question. Legislation changes made recently do not all affect companies set up before the cut off date.
I still believe though that a company such as this would be of no use to buy property.
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If the companies structure is correct, it has no liabilities and is not set up to take part in real estate business why would it not be suitable to buy a house?
The land office will transfer into a company such as this so long as it is not more than 1 Rai and 1 house.
NOT THIS OLD CHESTNUT!! Where is TTM when we need him!
The land office will transfer into a company such as this so long as it is not more than 1 Rai and 1 house.
NOT THIS OLD CHESTNUT!! Where is TTM when we need him!

- malcolminthemiddle
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I did not follow all the stuff going on with the changes but before that I had been told by the well known account lady (I forget name) in Soi 41 that the shareholder apportionment for land purchase had to be different. I.e. Max 35% for foreigners.JW wrote:If the companies structure is correct, it has no liabilities and is not set up to take part in real estate business why would it not be suitable to buy a house?
The land office will transfer into a company such as this so long as it is not more than 1 Rai and 1 house.
NOT THIS OLD CHESTNUT!! Where is TTM when we need him!
I got married after that so it all became irrelevant and I lost interest. BTW you don't need to shout you might, you might just wake TTM up.
Hes is probably wondering what to do next now that Tuk Tuks have been deemed illegal throughout Europe and most of the Western World.
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