We need to decide what type of Legal Entity we want to setup for the hackerspace.

 

Since no one was a legal expert at the last meeting, we need someone to find out what the best legal entity to register our organization as. We are interested in finding out all the possibilities, so that we can make an informed decision on what will work best for our current needs and our needs in the future.

 

Some questions we have regarding legal entities in Thailand are:

1. What are the capital requirement and process for seting up this type of entity.

2. Is this legal entity able to own / lease property.

3. What are the reporting requirements for this legal entity.

4. What are the tax implication of this type of legal entity.

5. What are the foreign ownership / employee limitation of this legal entity.

6. What other limitations does this particular entity have.

 

Some legal entities that have been brought up are:

1. Private Limited Company

2. Limited Partnership

3. Foundation

4. Association

5. Non-Profit company ? 

 

 

Please fill in this information and include any useful links below.

 

Private Limited Company

 

What are the capital requirement and process for seting up this type of entity.

 

Is this legal entity able to own / lease property.

 

What are the reporting requirements for this legal entity.

 

What are the tax implication of this type of legal entity.

 

What are the foreign ownership / employee limitation of this legal entity.

 

What other limitations does this particular entity have.

 

Other Pro's

-

-

 

Other Con's

-

-

 

Limited Partnership

 

What are the capital requirement and process for seting up this type of entity.

 

Is this legal entity able to own / lease property.

 

What are the reporting requirements for this legal entity.

 

What are the tax implication of this type of legal entity.

 

What are the foreign ownership / employee limitation of this legal entity.

 

What other limitations does this particular entity have.

 

Other Pro's

-

-

 

Other Con's

-

-

 

 

 

Foundation

 

What are the capital requirement and process for seting up this type of entity.

 

Is this legal entity able to own / lease property.

 

What are the reporting requirements for this legal entity.

 

What are the tax implication of this type of legal entity.

 

What are the foreign ownership / employee limitation of this legal entity.

 

What other limitations does this particular entity have.

 

Other Pro's

-

-

 

Other Con's

-

-

 

 

 

Association

http://www.siam-legal.com/Business-in-Thailand/thailand-association.php

http://chw1986.blogspot.com/2010/12/sample-essay-of-btx5090.html

 

What are the capital requirement and process for seting up this type of entity.

 

Is this legal entity able to own / lease property.

 

What are the reporting requirements for this legal entity.

 

What are the tax implication of this type of legal entity.

 

What are the foreign ownership / employee limitation of this legal entity.

 

What other limitations does this particular entity have.

 

Other Pro's

-

-

 

Other Con's

-

-

 

 

Non-Profit company ?

 

What are the capital requirement and process for seting up this type of entity.

 

Is this legal entity able to own / lease property.

 

What are the reporting requirements for this legal entity.

 

What are the tax implication of this type of legal entity.

 

What are the foreign ownership / employee limitation of this legal entity.

 

What other limitations does this particular entity have.

 

Other Pro's

-

-

 

Other Con's

-

-