http://integrity-legal.com/legal-blog/thailand-business/thailand-gets-high-marks-in-business-friendliness/ Legal Blog Thailand by Integrity Legal Fri, 24 Jan 2020 21:18:58 +0000 hourly 1 http://wordpress.org/?v=3.1.1 http://integrity-legal.com/legal-blog/thailand-business/thailand-gets-high-marks-in-business-friendliness/comment-page-1/#comment-4762 admin Tue, 13 Oct 2009 02:07:02 +0000 http://integrity-legal.com/legal-blog/?p=1091#comment-4762 In Thailand, Thai Limited Partnerships and Thai Limited Liability Partnerships are used interchangeably. However, they are different in their approach to the issue of limited liability when compared to their western counterparts. Only the Limited partners have limited liability while the general partner has unlimited liability. For the most part, it is better to utilize a limited company as Thai partnerships (limited or general) are more risky from a limited liability standpoint. In Thailand, Thai Limited Partnerships and Thai Limited Liability Partnerships are used interchangeably. However, they are different in their approach to the issue of limited liability when compared to their western counterparts. Only the Limited partners have limited liability while the general partner has unlimited liability. For the most part, it is better to utilize a limited company as Thai partnerships (limited or general) are more risky from a limited liability standpoint.

]]> http://integrity-legal.com/legal-blog/thailand-business/thailand-gets-high-marks-in-business-friendliness/comment-page-1/#comment-4714 big skippy Mon, 12 Oct 2009 04:35:02 +0000 http://integrity-legal.com/legal-blog/?p=1091#comment-4714 somewhat off topic, but your site has an entry on "Thai limited liability partnerships". The description, however, is about "Thai limited partnerships" and provides good details of such partnerships. I don't believe that Thailand has a form of "limited liability partnership" yet (as in the US for example), which is a much different entity from a "limited partnership". somewhat off topic, but your site has an entry on “Thai limited liability partnerships”. The description, however, is about “Thai limited partnerships” and provides good details of such partnerships. I don’t believe that Thailand has a form of “limited liability partnership” yet (as in the US for example), which is a much different entity from a “limited partnership”.

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