Register your partnership in Thailand with ease. We can advise you on the preferred structure for your and help you weigh out the pros and cons of each option for your business registration depending on your requirements.
Limited Partnerships are also registered with the Department of Business Development and must consist of at least one managing partner and one or more ordinary partners. The liabilities of the ordinary partners are limited to the amount of capital invested by each partner. Similar to the status of a director in a limited company formation, a managing partner would have unlimited liability for the obligations and debts of the partnership, while the liability of an ordinary partner would be limited in the same way as that of a shareholder in a company.
|Unregistered Ordinary Partnership||Registered Ordinary Partnership||Limited Partnership|
|Tax||Personal Income tax||Corporate Income Tax||Corporate Income Tax|
|Registration with DBD||Not required||Required||Required|
|Liability||Unlimited liability for all partners||Unlimited liability for all partners||Managing partner – unlimited. Ordinary partner – limited to the amount of capital invested.|
You will never have to touch a legal form (apart from signing it).