Property & Land.../Property Law

Time to Clean Up Your Thai Company owning property

drewnoyes

Sep/19/2008 10:19:33

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	Total Posts: 0
	Joined: Jul/05/2008
	Location: Thailand

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On September 18, 2006, Thailand's government was overthrown by the military in an effort to halt corruption. The next month the new government initiated strict adherence to the Condominium Act and the Foreign Business Act (FBA). They announced that foreigners owning property in a Thai Company Limited name must clear up irregularities by October 2008. Many new requirements are now necessary before selling property or changing the Managing Director and shareholders of a Thai company. If you own property in the name of a Thai company I urge you to contact us or any reputable law firm who understands the effect on Expats of the new changes. It really may be better to speak with a foreigner working in this field. We are available.Please post any questions here and we will answer them in general. Specific cases require a direct communication. For specific counseling/advise or legal service only use the office telephone of P.A.P.P.A. Co., Ltd, which is +66.38.301.050 or 038.301.050 if you are in Thailand. Ask for Drew Noyes. His office is located near Sukhumvit Road in Pattaya on Thepprasit Road, Soi 3.

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Property & Land.../Property Law

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Time to Clean Up Your Thai Company owning property

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