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**Tusethede** · 09-22-2012, 01:17 AM

D80,

For private limited companies the company needs 7 shareholders at all times. However, they can all be non-Thai.

If you have Adobe Acrobat Reader, then I really think you should read this document from the Ministry of Foreign Affairs in Thailand. It's pretty much up to date. The information regarding the change of the 7/1 format is on page 2.

Furthermore, a short summary of amendments regarding foreigners owning residential land is located on page 52. It basically states that foreigners investing in the area of 40 million baht in Thailand may be permitted to purchase one rai of residential land in Bangkok.

09-22-2012, 01:17 AM	#6
Tusethede Join Date Oct 2005 Posts 437 Senior Member	D80, For private limited companies the company needs 7 shareholders at all times. However, they can all be non-Thai. If you have Adobe Acrobat Reader, then I really think you should read this document from the Ministry of Foreign Affairs in Thailand. It's pretty much up to date. The information regarding the change of the 7/1 format is on page 2. Furthermore, a short summary of amendments regarding foreigners owning residential land is located on page 52. It basically states that foreigners investing in the area of 40 million baht in Thailand may be permitted to purchase one rai of residential land in Bangkok.
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