Tips on Having a Business in Thailand – Partnerships

Many foreign companies in Thailand who wish to conduct business aim to get their company BOI status. This is different from doing business as just a foreign national and affords many privileges that otherwise would not be attainable. Thai law also permits the operation of associations and foundations but both these types of juristic person have limited usage in terms of what the business can and cannot do and so they are only mainly used for philanthropic companies. Furthermore any foreign natural wanting to work in Thailand also requires that they have a work permit as a statement of their legality and qualifications for the job that they have been employed for.

A work permit is seen as something as a holy grail by many as it not only proves that the employee is qualified for what they have been employed for but that the company is also not cutting any corners in terms of their legal status as a bona fide company operating in Thailand under all the laws and regulations that come with it. There are many businesses in Thailand that are more than willing to hire foreigners without a work permit but this puts both the company and employee at risk. Why they do this is usually is because they need the work and the employee is in need of work also so they both cancel out each other.

Many businesses in Thailand, especially in large sectors such as education, simply do not have the time to …

Brief Guide on Singapore Company Registration

When you are considering the relocation and registration of your organisation to Singapore, it is quite important to keep in mind that most of the Singapore companies are basically registered as private limited liability companies which are commonly known as private limited companies. In Singapore, a private limited is a different legal entity and the shareholders are not at all liable for the debts of the company beyond the total sum of share capital they have added. In accordance to the Singapore Companies Act, any individual local or foreign above the age of 18 can get registered with a Singapore.

A well structured private limited liability Singapore is a tax efficient business body and hence this structure is the most common kind of business entity that is indexed in Singapore. Here you will get a detailed guide of registration requirements, procedure and timeline for registering your Singapore. Keeping in mind other jurisdiction let me tell you that Singapore has a set of primary and continuing regulatory compliance requirements for starting as well as operating a particular.

But before the Singapore Company Registration is you need to know few things:

Key Facts and Figures on the Company Formation
Company Name – The name of the business must first be agreed before the incorporation of the Singapore Company.
Directors – A minimum of one resident director who needs to be a resident of Singapore is mandatory. There is no limit of the additional foreign or local directors. The Directors should be 18 …

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I …

Change into The Complete Manager

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Service Management Analyst

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Business News And Monetary Information

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NTPC stock rose 2.26% intraday to the high of Rs a hundred and twenty on the BSE after the state-run power giant on Saturday reported 38% year-on-year (YoY) leap in its consolidated web profit to Rs 3,408.92 crore for the second quarter ended September 30, 2019, helped by decline in tax and better income. World inventory markets rose Tuesday as investor awaited news on progress in …