Latest News

Thai Immigration has recently changed the rules for visa issuance. Thai Business visa extensions are now more difficult to obtain

read more

US Visa Services

Thailand Limited Liability Partnership

A Thai Limited Liability Partnership (LLP) can be an attractive type of Thai business structure to certain prospective small business owners looking to invest in Thailand . We at Integrity Legal do not always recommend a Thai Limited Partnership because although the name of the structure is Limited Partnership, not all of the partners have limited liability.

Under a Thai limited partnership business structure there are two types of partners Thai limited partners and Thai general partners. Either of these partners may be either a Thai or a foreigner. Limited Partners only have liability up to the amount of capitalization that they put into the company. For instance two partners form a Thai Limited Partnership capitalized at 2 million Thai Baht. In this situation the Limited Partner invested 1 million Thai baht in the limited partnership. That Thai Limited Partner stands only to lose that initial 1 million baht investment.

Meanwhile, using the same scenario, the other partner is a Thai General Partner. He is investing 1 million Thai baht as well, but his liability is unlimited because he is a general partner. Being a Thai General Partner means that the General Partner shall have unlimited liability without regard to capital investment in Thailand.

Under a Thai Limited Partnership Structure, only a General Partner can manage the Partnership in Thailand. This means that the General Partner has effective day-to-day control of the company. Under Thai law, should a limited partner wish to manage the company, then he or she may do so provided that he or she becomes a general partner (thus taking on unlimited liability).

A Thai Limited Partnership is not the best option for everyone and Integrity Legal highly recommends obtaining competent legal advice before setting up any business in Thailand as it could save time and money by making sure all of the Thai legal formalities are adhered to.

Contact Integrity Legal Today, to learn more about Thai Companies and Partnerships.

Call Integrity Legal

Thailand Business Setup

Thailand Business Setup

Thai Company registration and incorporation can be a difficult process; Integrity Legal can assist in Company Setup in Thailand.

Thai Business Setup

Marriage in Thailand

Marriage Thailand

Getting Married in Thailand has never been easier. Integrity Legal's Thai lawyers can assist in executing a legal marriage in the Kingdom of Thailand.

Marriage in Thailand

USA Visa From Thailand

USA Visa From Thailand

Integrity Legal is equipped to assist with US Immigration from Thailand. We Specialize in K1 Fiance Visas for Thais as well as K3 Marriage Visas.

US Visa Thailand


EMAIL US AT: [email protected]

Call Toll Free: 1-877-231-7533

The hiring of a lawyer is an important decision that should not be based solely on advertisement. Before you decide, ask us to send you free written information about our qualifications and experience. The information presented on this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

home  |  about Integrity Legal Thailand  |  fiance & fiancee visa services  |  spouse visas  |  spouse visa services  |  prenuptial agreements

inadmissibility waiver  |  adjustment of status  |  refund policy  |  privacy policy  |  purchase services  |  Legal Links  |  sitemap  |  contact

Integrity Legal Bangkok

Copyright © 2022 Integrity Legal Co.,Ltd All Rights Reserved. Designed and Developed by KOS Web Design Bangkok