{"id":12168,"date":"2024-01-17T08:55:31","date_gmt":"2024-01-17T01:55:31","guid":{"rendered":"https:\/\/belaws.com\/thailand\/?p=12168"},"modified":"2025-03-17T10:00:15","modified_gmt":"2025-03-17T03:00:15","slug":"buying-a-business-in-thailand","status":"publish","type":"post","link":"https:\/\/belaws.com\/thailand\/buying-a-business-in-thailand\/","title":{"rendered":"Buying a Business in Thailand: A How-To Guide for 2025"},"content":{"rendered":"<section  class='av_textblock_section av-ks8kyyfa-e516bae24dd4ed4f78e7dedb0aea1067'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock breadcrumb'  itemprop=\"text\" >\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-18myty-919e5cb9f68131fb6240d9c12261edb4\">\n.av_font_icon.av-18myty-919e5cb9f68131fb6240d9c12261edb4 .av-icon-char{\nfont-size:11px;\nline-height:11px;\n}\n<\/style>\n<span  class='av_font_icon av-18myty-919e5cb9f68131fb6240d9c12261edb4 avia_animate_when_visible av-icon-style- avia-icon-pos-left av-no-color avia-icon-animate'><span class='av-icon-char' aria-hidden='true' data-av_icon='\ue874' data-av_iconfont='entypo-fontello' ><\/span><\/span>\n<div style=\"padding-left: 15px;\"><span class=\"\"><a href=\"https:\/\/belaws.com\/thailand\/\">Belaws Home<\/a> \u203a\u203a <a href=\"https:\/\/belaws.com\/thailand\/\">Thailand<\/a> \u203a\u203a <a href=\"https:\/\/belaws.com\/thailand\/blog\">Blog<\/a>\u00a0\u203a\u203a <\/span>Buying a Business in Thailand: A How-To Guide for 2025<\/div>\n<\/div><\/section>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='av_section_1'  class='avia-section av-re718-f933e9e3a470259eecd4d4692aaacea2 main_color avia-section-no-padding avia-no-border-styling  avia-builder-el-2  el_after_av_textblock  el_before_av_section  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-12168'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksd27few-1f8c384e085c379baccb5abbe326157c\">\n#top .hr.hr-invisible.av-ksd27few-1f8c384e085c379baccb5abbe326157c{\nheight:100px;\n}\n<\/style>\n<div  class='hr av-ksd27few-1f8c384e085c379baccb5abbe326157c hr-invisible  avia-builder-el-3  el_before_av_one_half  avia-builder-el-first  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div class='flex_column av-gmj0k-ac56bb06b98c278ca7684f46c4d7723e av_one_half  avia-builder-el-4  el_after_av_hr  el_before_av_one_half  first av-break-at-tablet flex_column_div '   ><p><section  class='av_textblock_section av-kscys0p5-d0fe1da2549b5d38fb08e5d3e4dbc794'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock sur-titre_bleu'  itemprop=\"text\" ><p>incorporation<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lra90-9ab3f8d48a81ed396ae07bbaafa596f6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h1_bleu_post'  itemprop=\"text\" ><h1>Buying a Business in Thailand: A How-To Guide for 2025<\/h1>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-b3jfo-03f63b84c9a76d84e1713c05a87923fd\">\n#top .hr.hr-invisible.av-b3jfo-03f63b84c9a76d84e1713c05a87923fd{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-b3jfo-03f63b84c9a76d84e1713c05a87923fd hr-invisible  avia-builder-el-7  el_after_av_textblock  el_before_av_post_metadata '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_post_metadata-3f1880b9956aa5116055829522854aeb\">\n#top .av-post-metadata-container.av-av_post_metadata-3f1880b9956aa5116055829522854aeb{\ncolor:#1a4367;\n}\n<\/style>\n<div  class='av-post-metadata-container av-av_post_metadata-3f1880b9956aa5116055829522854aeb av-metadata-container-align-left  avia-builder-el-8  el_after_av_hr  el_before_av_textblock  av-metadata-container-1'><div class='av-post-metadata-container-inner'><span class=\"av-post-metadata-content av-post-metadata-meta-content\"><span class=\"av-post-metadata-content av-post-metadata-modified\"><span class=\"av-metadata-before av-metadata-before-modified\">Latest Update : <\/span><span class=\"av-post-metadata-modified-date\" >March 17, 2025<\/span><\/span><span class=\"av-post-metadata-content av-post-metadata-separator\">- <\/span><span class=\"av-post-metadata-content av-post-metadata-published\"><span class=\"av-metadata-before av-metadata-before-published\">Published date : <\/span><span class=\"av-post-metadata-published-date\" >January 17, 2024<\/span><\/span><\/span><\/div><\/div><br \/>\n<section  class='av_textblock_section av-2mj4cc-546fb3795883e77cb448506a33b339b7'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_18'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Buying a business in Thailand can be a viable option for foreign entrepreneurs looking to establish themselves in the <a href=\"https:\/\/belaws.com\/thailand\/how-to-start-a-business-in-thailand\/\">Thai market<\/a>. In fact, buying a business in Thailand offers several advantages when compared to starting a new business from scratch.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this blog post, we will walk you through the key steps and considerations involved in buying a business in Thailand.<\/span><\/p>\n<\/div><\/section><\/p><\/div><div class='flex_column av-bmm5w-737f28be9bb008277e27311ae0eaf479 av_one_half  avia-builder-el-10  el_after_av_one_half  avia-builder-el-last  av-break-at-tablet flex_column_div '   ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kscy8en7-4c3d18184eba77f66a56bd3ff9df55d0\">\n.avia-image-container.av-kscy8en7-4c3d18184eba77f66a56bd3ff9df55d0 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-kscy8en7-4c3d18184eba77f66a56bd3ff9df55d0 av-styling- avia-align-center  avia-builder-el-11  avia-builder-el-no-sibling  radius_10 img'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-12170 avia-img-lazy-loading-not-12170 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/01\/Buying-a-Business-in-Thailand-A-How-To-Guide-for-2024.png\" alt='Investment opportunities in Thailand' title='Investment opportunities in Thailand'  height=\"800\" width=\"990\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/01\/Buying-a-Business-in-Thailand-A-How-To-Guide-for-2024.png 990w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/01\/Buying-a-Business-in-Thailand-A-How-To-Guide-for-2024-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/01\/Buying-a-Business-in-Thailand-A-How-To-Guide-for-2024-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/01\/Buying-a-Business-in-Thailand-A-How-To-Guide-for-2024-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/01\/Buying-a-Business-in-Thailand-A-How-To-Guide-for-2024-15x12.png 15w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/01\/Buying-a-Business-in-Thailand-A-How-To-Guide-for-2024-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/01\/Buying-a-Business-in-Thailand-A-How-To-Guide-for-2024-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/01\/Buying-a-Business-in-Thailand-A-How-To-Guide-for-2024-705x570.png 705w\" sizes=\"(max-width: 990px) 100vw, 990px\" \/><\/div><\/div><\/div><\/div><\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4\">\n.avia-section.av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4{\nbackground-color:#fafafa;\n}\n<\/style>\n<div id='av_section_2'  class='avia-section av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4 main_color avia-section-default avia-no-border-styling  avia-builder-el-12  el_after_av_section  el_before_av_section  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-12168'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksd2ivxm-023071e5c33e5c283329416739e1beb3\">\n#top .hr.hr-invisible.av-ksd2ivxm-023071e5c33e5c283329416739e1beb3{\nheight:60px;\n}\n<\/style>\n<div  class='hr av-ksd2ivxm-023071e5c33e5c283329416739e1beb3 hr-invisible  avia-builder-el-13  el_before_av_two_third  avia-builder-el-first  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div class='flex_column av-fpevw-aab8acce1826d370629f645f34d6bd3b av_two_third  avia-builder-el-14  el_after_av_hr  el_before_av_one_third  first av-break-at-tablet flex_column_div '   ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-lb329d7d-3f950f02b294bfa39eeb1b805d8d23d3\">\n#top .av_textblock_section.av-lb329d7d-3f950f02b294bfa39eeb1b805d8d23d3 .avia_textblock{\ncolor:#ffffff;\n}\n<\/style>\n<section  class='av_textblock_section av-lb329d7d-3f950f02b294bfa39eeb1b805d8d23d3'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock post_text_highlighting av_inherit_color'  itemprop=\"text\" ><p style=\"text-align: left;\">Key points<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">When purchasing an existing company, undertaking proper <a href=\"https:\/\/belaws.com\/thailand\/due-diligence\/\">due diligence<\/a> is highly recommended.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Business Purchase Agreements\/Share Purchase agreements establish the legally binding purchase of a company.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Once the business has been purchased, the new owner will need to complete (and register) the share transfer, change the directors and complete any amendments to the company structuring, such as new articles of associations and shareholders\u2019 agreement.<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-kscytnto-6f8bd4ca8aa4b5f4311495ee3b7802c6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What are the Best Options for Buying a Business in Thailand?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-8ohy4-ba2bc652f51fc02aca7b4faa3ec86cd2'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">When looking to purchase a business in Thailand, investors have several avenues to acquire an existing business. Two of the most common strategies include buying the business outright and purchasing the business&#8217;s assets to transfer to a new company. Both options carry distinct processes, benefits, and considerations.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-893pgz-417cf0891102d15fa8bff673921feb47\">\n#top .hr.hr-invisible.av-893pgz-417cf0891102d15fa8bff673921feb47{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-893pgz-417cf0891102d15fa8bff673921feb47 hr-invisible  avia-builder-el-18  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lr5sf0ox-428165487d247362f2e4eb2ae37c90d9'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>Buying the Business Outright<\/h3>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1ktrt48-1e894f1b4d5f662698886e3f64af313a\">\n#top .hr.hr-invisible.av-1ktrt48-1e894f1b4d5f662698886e3f64af313a{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-1ktrt48-1e894f1b4d5f662698886e3f64af313a hr-invisible  avia-builder-el-20  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lr5sf9wq-9e8e336a36092cb436476c1b5a85c86a'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Buying a business involves the purchase of both the company&#8217;s assets and its liabilities. The investor takes over the entity in its entirety, including its operational framework, existing contracts with suppliers and clients, workforce, and market position.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One significant advantage of this approach is the ability to maintain the business&#8217;s relationships with customers, suppliers, and employees.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lr5sfgnb-77319fb30f23d4ff3252501264204056'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">However, this method also means absorbing the company&#8217;s liabilities, which could include undisclosed debts or potential legal disputes. Due diligence is critical in this process to ensure that you are fully aware of all aspects of the business you are acquiring.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-4oblu4o-2838ed64aaac42d00cb5f9aea74654c3\">\n#top .hr.hr-invisible.av-4oblu4o-2838ed64aaac42d00cb5f9aea74654c3{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-4oblu4o-2838ed64aaac42d00cb5f9aea74654c3 hr-invisible  avia-builder-el-23  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-gfh9xy-e0bde1d55d8468f28ed18b9996433e48'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>Buying the Assets and Transferring Them to a New Company<\/h3>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-4721ako-b349b4bb9337ba0a0580de1fd7e038c1\">\n#top .hr.hr-invisible.av-4721ako-b349b4bb9337ba0a0580de1fd7e038c1{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-4721ako-b349b4bb9337ba0a0580de1fd7e038c1 hr-invisible  avia-builder-el-25  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lpkuemjg-b46e3f80482045f5c0069fd01808db49'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Alternatively, investors may opt for purchasing only the assets of a business and transferring them to a newly established company. This route is often chosen to avoid the risks associated with the existing business&#8217;s liabilities.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By selecting this method, the buyer can avoid inheriting past obligations and legal challenges that might be hidden within the business&#8217;s history. They acquire important assets such as property, equipment, key employees and intellectual property, which can then be utilized within a newly incorporated entity.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This option requires careful inventory and valuation of assets and might involve renegotiating contracts and agreements. The buyer must also be prepared to establish new relationships with stakeholders, as the continuity of the business&#8217;s operations may be interrupted.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-3yi3wi0-c9201388f4b9350ea369267232461542\">\n#top .hr.hr-invisible.av-3yi3wi0-c9201388f4b9350ea369267232461542{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-3yi3wi0-c9201388f4b9350ea369267232461542 hr-invisible  avia-builder-el-27  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lr5sh8e2-25bb26908bafde3240eea2c98414ba56'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What are the Advantages of Buying a Business in Thailand?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lodoxqvz-6a45f69df973eb89afb9398d18b23e8a'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Purchasing an existing company comes with the following advantages:<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1cfogko-e802215efdd73613f67bec6806be8cb4\">\n#top .hr.hr-invisible.av-1cfogko-e802215efdd73613f67bec6806be8cb4{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-1cfogko-e802215efdd73613f67bec6806be8cb4 hr-invisible  avia-builder-el-30  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lpt86mii-57bc40da952125a23ac95466b041da37'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><b>Inherit existing contracts with suppliers and clients:<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Inheriting existing contracts with suppliers and clients allows the new owner to maintain the existing relationships and terms, which can help ensure a smooth transition and continuity of business operations.<\/span><\/p>\n<h3><b style=\"font-size: 20px;\">Setting\u00a0up\u00a0a\u00a0business:<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">When you buy a business, you acquire an already established infrastructure, which allows the investor to save time and effort which would normally be spent setting up the company.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lqem5nzx-447819253ae665cd7493789c5a2ce15e'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><b>Capital Requirements for Hiring Foreigners: <\/b><\/h3>\n<p><span style=\"font-weight: 400;\">In order to hire a foreigner in Thailand, a <a href=\"https:\/\/vbapartners.com\/limited-company\/\" target=\"_blank\" rel=\"noopener\">Thai Limited company<\/a> is required to have a registered capital of 2 million THB. If the company has already satisfied this <a href=\"https:\/\/belaws.com\/thailand\/starting-a-small-business-in-thailand\/\">criteria<\/a> prior to the purchase, the new owners can continue to enjoy this benefit and do not need to pay the 2 million THB again.<\/span><\/p>\n<h3><b>Existing Market Presence:<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">An established business comes with an existing market for its products or services.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lqem5t0j-49ec3e9ef053eb4625ae59f742605f77'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><b>Brand Reputation: <\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Purchasing a business means inheriting its brand reputation and customer loyalty.<\/span><\/p>\n<h3><b>Experienced Workforce: <\/b><\/h3>\n<p><span style=\"font-weight: 400;\">An existing business often comes with a skilled and experienced workforce that you can leverage to drive growth and operational efficiency.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-85l3s8-839b23b8e22bcb6a9260dd803746cb3d\">\n#top .hr.hr-invisible.av-85l3s8-839b23b8e22bcb6a9260dd803746cb3d{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-85l3s8-839b23b8e22bcb6a9260dd803746cb3d hr-invisible  avia-builder-el-34  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lozgpgev-c171e50055dbc39a9649c2fd8cf66b31'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What are the Disadvantages of Buying a Business in Thailand?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lozgpwen-b00af22c4a86c23054ddf570972e2a1a'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Purchasing an established company does have its advantages, but potential investors should be aware of the potential drawbacks associated with purchasing an existing business in Thailand:<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1se9wp4-63e9f25651a93ac5ff98bb9e1f0ea2d8\">\n#top .hr.hr-invisible.av-1se9wp4-63e9f25651a93ac5ff98bb9e1f0ea2d8{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-1se9wp4-63e9f25651a93ac5ff98bb9e1f0ea2d8 hr-invisible  avia-builder-el-37  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lr5sicen-17f8a908fb15f46517682a77797f7898'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><b>Potential Liabilities: <\/b><\/h3>\n<p><span style=\"font-weight: 400;\">When buying a business the new owner is at risk of being liable for unknown or hidden debts, such as lawsuits, tax obligations, or contractual obligations, that the seller may have incurred before the sale. Another drawback is the possibility of being held liable for the seller\u2019s actions or misconduct before the purchase, even if the buyer had no involvement or knowledge of them.<\/span><\/p>\n<h3><b>Lease agreements: <\/b><\/h3>\n<p><span style=\"font-weight: 400;\">In Thailand, in some cases the lease for the company premises may only be 3 years or less and therefore not registered with the Land Office. This could be problematic because there are no specific protections for commercial leases.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lr5sii7m-cf50a55cb9af1f5b55dbc2fffd897844'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><b>Capital Investment: <\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Buying a business often requires a significant capital investment, which can be a barrier for some entrepreneurs and investors.<\/span><\/p>\n<h3><b>Working Capital: <\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Investors will need to have several months&#8217; worth of working capital to manage cash flow during the transition period.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-lpw74m7b-411fc9e3df223d3bd8540ee80fa363d6\">\n#top .hr.hr-invisible.av-lpw74m7b-411fc9e3df223d3bd8540ee80fa363d6{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-lpw74m7b-411fc9e3df223d3bd8540ee80fa363d6 hr-invisible  avia-builder-el-40  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lpw751d9-012fd4595a0cb8d3eb5d0dc7d639ba5d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What are the Advantages of Purchasing the Assets of a Company?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lpt87cd6-aec2ed83a8bdcba85bc824dd9625296d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Purchasing the assets of a company comes with the following advantages:<\/span><\/p>\n<h3><b>Avoidance of liabilities:<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">the buyer can avoid taking on the liabilities of the seller, such as debts, lawsuits, or tax obligations, that may not be disclosed or evident.\u00a0<\/span><\/p>\n<h3><b>Only buy what they need: <\/b><\/h3>\n<p><span style=\"font-weight: 400;\">the buyer can choose which assets to acquire and which ones to leave behind, depending on their needs and preferences.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-266xpdz-924d099ebcdb43c431fb03df73f13c0d\">\n#top .hr.hr-invisible.av-266xpdz-924d099ebcdb43c431fb03df73f13c0d{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-266xpdz-924d099ebcdb43c431fb03df73f13c0d hr-invisible  avia-builder-el-43  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-2doj95-1ec571f6b91decc354f0f3a63b6ba558'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What are the Disadvantages of Purchasing the Assets of a Company?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-t35g2h-cbbf3f032a3df17c30e3bf980a4ee673'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><b>Loss of benefits and contract: <\/b><\/h3>\n<p><span style=\"font-weight: 400;\">the buyer may lose some of the benefits of acquiring an established business, such as its brand reputation, customer loyalty, market presence, and experienced workforce.\u00a0 They would also lose the existing contracts with any clients.<\/span><\/p>\n<h3><b>Tax liabilities: <\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The buyer may face higher taxes and transaction costs, as each asset may be subject to different<a href=\"https:\/\/belaws.com\/thailand\/decreased-tax-rates-in-thailand\/\"> tax rates<\/a> and legal fees.<\/span><\/p>\n<h3><b>Renegotiating agreements:<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">When you only purchase the assets of a company you will need to renegotiate any contracts with suppliers and customers as these would not be transferred with the assets and remain with the previous company.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-39yzmw8-b73048202afac40fa667fd4a2b24bbc8\">\n#top .hr.hr-invisible.av-39yzmw8-b73048202afac40fa667fd4a2b24bbc8{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-39yzmw8-b73048202afac40fa667fd4a2b24bbc8 hr-invisible  avia-builder-el-46  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lr5sjv7r-da75d36f842f5e74cfcabb9aafe685cf'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What is Due Diligence When Buying a Company in Thailand?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lr5sk07t-ea3085036b43f0fe57e8a658f65baca3'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Much like when you perform due diligence for purchasing a property, conducting thorough due diligence is essential when buying an existing business. Undertaking due diligence allows you to verify key details and assess the potential risks and opportunities associated with the target company.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When undertaking due diligence, investors should focus on the following areas:<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1a7yivc-4d7db6f978bb3ba69ded3f40156d8327\">\n#top .hr.hr-invisible.av-1a7yivc-4d7db6f978bb3ba69ded3f40156d8327{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-1a7yivc-4d7db6f978bb3ba69ded3f40156d8327 hr-invisible  avia-builder-el-49  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lr5sk5hs-68d35eb418186003f03d6e1aa052aca6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><b>Company Registration Details:<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Review the company&#8217;s registration details, including its legal status, current shareholder list, and directors.<\/span><\/p>\n<h3><b>Liabilities: <\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Identify whether there are any pending legal actions or significant liabilities involving the company that the new owners would be responsible for. For example, debts, taxes, contractual obligations and legal claims.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lr5skb23-8b8c5b09ddb7c77346c85d949936c316'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><span style=\"font-weight: 400;\"><b>Financial Analysis<\/b>: <\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Examine the company&#8217;s financial balance sheets, bank statements, and tax records to assess its financial health and stability.<\/span><\/p>\n<h3><b>Contracts and Obligations:<\/b><\/h3>\n<p><span style=\"font-weight: 400;\"> Evaluate all contracts and agreements signed by the company, including employment contracts, vendor agreements, and lease agreements.<\/span><\/p>\n<h3><b>Legal and Regulatory Compliance: <\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Inquire about any potential legal disputes, pending lawsuits, or outstanding tax liabilities that the company may be facing.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-3355r7s-45a55a2b64924bed3241025c5210a486\">\n#top .hr.hr-invisible.av-3355r7s-45a55a2b64924bed3241025c5210a486{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-3355r7s-45a55a2b64924bed3241025c5210a486 hr-invisible  avia-builder-el-52  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lr5sklg8-e6ea0463a77417520be47d9effe5c627'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Drafting and Reviewing a Purchase Agreement<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lr5slcl4-93511a3a37b1ecaef905581e89ae2bf5'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Once the due diligence process is complete, the next step is to draft and review the business purchase agreement or share transfer agreement. These are legally binding agreements that outline the terms and conditions of the sale and ensure a smooth transfer of ownership. Here are key elements typically included in such agreements:<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-2pqscw8-1b88d7b018d1ce9ab0f3a54bfc4d17ad\">\n#top .hr.hr-invisible.av-2pqscw8-1b88d7b018d1ce9ab0f3a54bfc4d17ad{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-2pqscw8-1b88d7b018d1ce9ab0f3a54bfc4d17ad hr-invisible  avia-builder-el-55  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lr5slivo-758256c7bf528b1ec7db1517cbcd9af7'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><b>Party Identification:<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Provide the legal names and contact information of the buyer and seller at the beginning of the agreement.<\/span><\/p>\n<h3><b>Business Description: <\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Include an overview of the company, its operations, and the seller&#8217;s legal authority to authorize the sale.<\/span><\/p>\n<h3><b>Financial Terms: <\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Specify the purchase price, any deposits required, and the date and time of the transfer.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-15bfi08-d1004aa4fef93fc81b680821dd6df5f1\">\n#top .hr.hr-invisible.av-15bfi08-d1004aa4fef93fc81b680821dd6df5f1{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-15bfi08-d1004aa4fef93fc81b680821dd6df5f1 hr-invisible  avia-builder-el-57  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lr5slo7b-92aee1e97200088fafd6ed53d360fe7e'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><b>Sale Details:<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Define the type of sale, including the assets included and excluded from the transaction, such as equipment, property, and intellectual property rights.<\/span><\/p>\n<h3><b>Covenants<\/b><span style=\"font-weight: 400;\">: <\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Outline the seller&#8217;s obligations surrounding the closing, including tax obligations, loan repayments, employee benefits, and non-competition agreements.<\/span><\/p>\n<h3><b>Transfers and Obligations: <\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Clarify the responsibilities of the buyer and seller, including the buyer&#8217;s role, employee training, and customer obligations.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-pt9mdk-378e3e035f133a65b86bbac7cd1afa37\">\n#top .hr.hr-invisible.av-pt9mdk-378e3e035f133a65b86bbac7cd1afa37{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-pt9mdk-378e3e035f133a65b86bbac7cd1afa37 hr-invisible  avia-builder-el-59  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lr5slt9f-7b2a1c16c59597b31b8f403532914cea'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><b>Closing Process:<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Detail the logistics of the closing process, including the date, time, and location, as well as the transfer of title and payment arrangements.<\/span><\/p>\n<h3><b>Warranties<\/b><span style=\"font-weight: 400;\">: <\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Include warranties that ensure compliance with applicable laws and regulations, as well as the payment of taxes and other financial obligations.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-9rrpk-d2b02ba23d68313e6cec559e22dc6aff\">\n#top .hr.hr-invisible.av-9rrpk-d2b02ba23d68313e6cec559e22dc6aff{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-9rrpk-d2b02ba23d68313e6cec559e22dc6aff hr-invisible  avia-builder-el-61  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lr5sm5nw-4b0ee3567314bff44479615261dc197b'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>How do you Restructure the Company After the Sale?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lr5smcar-6942abed1b700262ed7a1d457b9366e2'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>When buying an existing business, there are certain changes to the company&#8217;s structure that must be completed and registered with the relevant government authorities. Two key changes that typically need to be made are the transfer of shares and the replacement of company directors.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-7crq3s-b14e41c301ea179016bcf2eaa76c332f\">\n#top .hr.hr-invisible.av-7crq3s-b14e41c301ea179016bcf2eaa76c332f{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-7crq3s-b14e41c301ea179016bcf2eaa76c332f hr-invisible  avia-builder-el-64  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lr5smowc-aafcceec99f062e4e79b7da88daf2127'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>How do you Change Company Directors?<\/h3>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-11hlngo-9add07fb1d674700b037685d5d576cbd\">\n#top .hr.hr-invisible.av-11hlngo-9add07fb1d674700b037685d5d576cbd{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-11hlngo-9add07fb1d674700b037685d5d576cbd hr-invisible  avia-builder-el-66  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lr5sn1gg-94e1a1785764cafe3040af01c29a2841'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">The process for changing company directors involves the following steps:<\/span><\/p>\n<h3><b>Board of Directors Meeting: <\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The board of directors must call a shareholders&#8217; meeting to pass a resolution regarding the change of company directors or their authority.<\/span><\/p>\n<h3><b>Shareholders&#8217; Meeting:<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">A shareholders&#8217; meeting must be held to receive their vote and confirmation of the change.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lr5sn6eq-aa22d1685dbb0e3f935a9956171460ae'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><b>Director&#8217;s Signature: <\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Once the change of director has been approved, the necessary forms must be completed and signed by the outgoing and incoming directors. The signatures must be witnessed.<\/span><\/p>\n<h3><b>Registration: <\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The completed forms must be filed with the Department of Business Development, and the company&#8217;s company affidavit must be updated to reflect the change in personnel.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-izzl4-56a72d22fa2ae08fdd3231e1dcb2bb49\">\n#top .hr.hr-invisible.av-izzl4-56a72d22fa2ae08fdd3231e1dcb2bb49{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-izzl4-56a72d22fa2ae08fdd3231e1dcb2bb49 hr-invisible  avia-builder-el-69  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lr5snl4f-72dd07f130bb4925cdd3fbeae8793414'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>How do you Transfer Shares?<\/h3>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-u6v27c-c90efce0edd2db55e4ae444a8f3012bf\">\n#top .hr.hr-invisible.av-u6v27c-c90efce0edd2db55e4ae444a8f3012bf{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-u6v27c-c90efce0edd2db55e4ae444a8f3012bf hr-invisible  avia-builder-el-71  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lr5snsp4-88aa8270187bfdedac2d857929a5e664'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">The process for transferring shares in a Thai company includes the following steps:<\/span><\/p>\n<h3><b>Share Transfer Instrument: <\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The transferor and transferee must execute a share transfer instrument, which includes the details of the transfer, such as the names of the parties, the number of shares, and the share numbers.<\/span><\/p>\n<h3><b>Updating Shareholders Register: <\/b><\/h3>\n<p><span style=\"font-weight: 400;\">After completing the transaction, the company&#8217;s shareholders register must be updated, and the change must be registered with the Ministry of Commerce.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-zx1gzs-9cf6fe0027c711345a4de3bf0db9d803\">\n#top .hr.hr-invisible.av-zx1gzs-9cf6fe0027c711345a4de3bf0db9d803{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-zx1gzs-9cf6fe0027c711345a4de3bf0db9d803 hr-invisible  avia-builder-el-73  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lr5snxvv-2112cbef1225722a12db403c81edddfe'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><b>Issuing a New Share Certificate: <\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The <a href=\"https:\/\/belaws.com\/thailand\/transferring-shares\/\">Thai Limited Company<\/a> must issue a new share certificate to the transferee.<\/span><\/p>\n<h3><b>Payment of Stamp Duty: <\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The transfer of shares is subject to the payment of stamp duty, which is calculated based on the paid-up value of the shares.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-k7jymg-1a4ecb17e852410fd70afef09c7e5eea\">\n#top .hr.hr-invisible.av-k7jymg-1a4ecb17e852410fd70afef09c7e5eea{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-k7jymg-1a4ecb17e852410fd70afef09c7e5eea hr-invisible  avia-builder-el-75  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-u8gxjc-173191f8c2832f4deac0187fd73e38c1'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>How can Belaws help?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lr5so5r7-60e1b0cc599ef9de702c459e68e18f44'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>For more information about buying a company in Thailand, why not talk to one of our experts now?<\/p>\n<\/div><\/section><br \/>\n<div  class='avia-button-wrap avia-button-left  avia-builder-el-78  el_after_av_textblock  el_before_av_textblock  bouton-cta' ><a href=\"https:\/\/wa.me\/+66636955945\" class=\"avia-button av-2rocsm-ad93c683973fd17f09fcd73d6f5e78e0 avia-icon_select-yes-right-icon avia-size-large avia-position-left avia-color-theme-color\" target=\"_blank\" rel=\"noopener noreferrer\"><span class='avia_iconbox_title' >Talk to an expert<\/span><span class='avia_button_icon avia_button_icon_right' aria-hidden='true' data-av_icon='\uf232' data-av_iconfont='entypo-fontello'><\/span><\/a><\/div><br \/>\n<section  class='av_textblock_section av-202agu-c2abc468d489a64dbd7aa9abcb6a5ea1'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>If you want to learn more about how our experts can help with your accounting and secretary needs, please click\u00a0<a href=\"https:\/\/belaws.com\/thailand\/accounting-secretary\/\" target=\"_blank\" rel=\"noopener\">here<\/a>. For more details about our incorporation services, please click<a href=\"https:\/\/belaws.com\/thailand\/incorporation\/\" target=\"_blank\" rel=\"noopener\">\u00a0here.<\/a><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-q93pwe-6d5bb40d417741c03ce1e2231424ffaa'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><em>Please note that this article is for information purposes only and <strong>does not constitute legal advice<\/strong>.<\/em><\/p>\n<\/div><\/section><br \/>\n<div  class='av-social-sharing-box av-l4rstf25-09aa8edfee9bfff0c66b62d8ea68b23c av-social-sharing-box-default  avia-builder-el-81  el_after_av_textblock  el_before_av_hr  av-social-sharing-box-fullwidth'><div class=\"av-share-box\"><h5 class='av-share-link-description av-no-toc '>Share this post<\/h5><ul class=\"av-share-box-list noLightbox\"><li class='av-share-link av-social-link-facebook' ><a target=\"_blank\" aria-label=\"Share on Facebook\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/belaws.com\/thailand\/buying-a-business-in-thailand\/&#038;t=Buying%20a%20Business%20in%20Thailand%3A%20A%20How-To%20Guide%20for%202025\" aria-hidden=\"false\" data-av_icon=\"\ue8f3\" data-av_iconfont=\"entypo-fontello\" title=\"\" data-avia-related-tooltip=\"Share on Facebook\" rel=\"noopener\"><span class='avia_hidden_link_text'>Share on Facebook<\/span><\/a><\/li><li class='av-share-link av-social-link-twitter' ><a target=\"_blank\" aria-label=\"Share on Twitter\" href=\"https:\/\/twitter.com\/share?text=Buying%20a%20Business%20in%20Thailand%3A%20A%20How-To%20Guide%20for%202025&#038;url=https:\/\/belaws.com\/thailand\/?p=12168\" aria-hidden=\"false\" data-av_icon=\"\ue8f1\" data-av_iconfont=\"entypo-fontello\" title=\"\" data-avia-related-tooltip=\"Share on Twitter\" rel=\"noopener\"><span class='avia_hidden_link_text'>Share on Twitter<\/span><\/a><\/li><li 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id=\"style-css-av-azojo-95a6cdc47544d93547673088060aaac2\">\n.flex_column.av-azojo-95a6cdc47544d93547673088060aaac2{\nborder-radius:0px 0px 0px 0px;\n-webkit-border-radius:0px 0px 0px 0px;\n-moz-border-radius:0px 0px 0px 0px;\npadding:0px 30px 30px 30px;\nbackground-color:#fafafa;\n}\n<\/style>\n<div class='flex_column av-azojo-95a6cdc47544d93547673088060aaac2 av_one_third  avia-builder-el-83  el_after_av_two_third  avia-builder-el-last  Sticky_CTA av-break-at-tablet flex_column_div '   ><p>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kslkbhig-edfbb769ec414c16ec07823d03873c46\">\n#top .hr.hr-invisible.av-kslkbhig-edfbb769ec414c16ec07823d03873c46{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-kslkbhig-edfbb769ec414c16ec07823d03873c46 hr-invisible  avia-builder-el-84  el_before_av_hr  avia-builder-el-first  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style 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class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><a href=\"https:\/\/calendly.com\/belaws\/legalthailand?utm_source=belaws&amp;utm_medium=website&amp;utm_content=thailand-immediate-consultation&amp;month=2022-09\" class=\"avia_image\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" class='wp-image-6668 avia-img-lazy-loading-not-6668 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-300x242.png\" alt='Immediate Consultation' title='Immediate Consultation'  height=\"242\" width=\"300\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation.png 990w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-705x570.png 705w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/div><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksll297i-ac8feca4576cdd5bdd6e22d214756788\">\n#top .hr.hr-invisible.av-ksll297i-ac8feca4576cdd5bdd6e22d214756788{\nheight:25px;\n}\n<\/style>\n<div  class='hr av-ksll297i-ac8feca4576cdd5bdd6e22d214756788 hr-invisible  avia-builder-el-87  el_after_av_image  el_before_av_button '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<div  class='avia-button-wrap avia-button-center  avia-builder-el-88  el_after_av_hr  el_before_av_hr  bouton-cta' ><a href=\"https:\/\/calendly.com\/vbapartners\/legalconsultation\" class=\"avia-button av-j4oxcr-e0ea6afbeeb7bdc081b7ce55f0ab0b6f avia-icon_select-yes-right-icon avia-size-large avia-position-center avia-color-theme-color\" target=\"_blank\" rel=\"noopener noreferrer\"><span class='avia_iconbox_title' >Book now<\/span><span class='avia_button_icon avia_button_icon_right' aria-hidden='true' data-av_icon='\ue871' data-av_iconfont='entypo-fontello'><\/span><\/a><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1xgc7i-1f7cbfe8fdc424141cc6b6f218a09d50\">\n#top .hr.hr-invisible.av-1xgc7i-1f7cbfe8fdc424141cc6b6f218a09d50{\nheight:25px;\n}\n<\/style>\n<div  class='hr av-1xgc7i-1f7cbfe8fdc424141cc6b6f218a09d50 hr-invisible  avia-builder-el-89  el_after_av_button  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-p84k-4017eaf9b1649a60b0ff810854b78620'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_14'  itemprop=\"text\" ><p>Our consultations last for a period of up to 1 hour and are conducted by expert Lawyers who are fluent in English, French and Thai.<\/p>\n<p>Consultations can be hosted via WhatsApp or Video Conferencing software for your convenience. A consultation with one of our legal experts is undoubtedly the best way to get all the information you need and answer any questions you may have about your new business or project.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kslm1kpi-e6d522183c5eda06f320ce62b63c40c6\">\n#top .hr.hr-invisible.av-kslm1kpi-e6d522183c5eda06f320ce62b63c40c6{\nheight:15px;\n}\n<\/style>\n<div  class='hr av-kslm1kpi-e6d522183c5eda06f320ce62b63c40c6 hr-invisible  avia-builder-el-91  el_after_av_textblock  el_before_av_codeblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<br \/>\n<br \/>\n<br \/>\n<br \/>\n<\/p><\/div>\n<\/p>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-l8ctxpd9-095dc0c75aa2de5329ec8b624b867e69\">\n.avia-section.av-l8ctxpd9-095dc0c75aa2de5329ec8b624b867e69{\nbackground-color:#dfeef6;\n}\n<\/style>\n<div id='av_section_3'  class='avia-section av-l8ctxpd9-095dc0c75aa2de5329ec8b624b867e69 main_color avia-section-default avia-no-border-styling  avia-builder-el-97  el_after_av_section  el_before_av_one_full  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-12168'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-fyhro1-0cf30a10ffa966a21c55aed6dcf53641\">\n#top .hr.hr-invisible.av-fyhro1-0cf30a10ffa966a21c55aed6dcf53641{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-fyhro1-0cf30a10ffa966a21c55aed6dcf53641 hr-invisible  avia-builder-el-98  el_before_av_textblock  avia-builder-el-first  av-desktop-hide av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<section  class='av_textblock_section av-e8bwe9-42a5aa99fe46b76eb6bea8fd40de44ad'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h3_bleu'  itemprop=\"text\" ><h3 style=\"text-align: left;\">Frequently asked questions<\/h3>\n<\/div><\/section>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-37pzrl-0e2130f093209067c90d3f6b04c2d251\">\n#top .hr.hr-invisible.av-37pzrl-0e2130f093209067c90d3f6b04c2d251{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-37pzrl-0e2130f093209067c90d3f6b04c2d251 hr-invisible  avia-builder-el-100  el_after_av_textblock  el_before_av_toggle_container  av-desktop-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div  class='togglecontainer av-lrh4r93b-62fc100e1e6db57b3d0f463d73ff5764  avia-builder-el-101  el_after_av_hr  avia-builder-el-last  av-accordion-style-2 toggle_close_all'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/FAQPage\" >\n<section class='av_toggle_section av-lrh4lvdu-740441037c5b55cd91ceabe8a5b523b7'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-1' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-1'>Can foreigners own a business in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-1' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Yes, foreigners can own a business in Thailand.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lrh4mcoe-fa963c156620d775750e8e42e0cb5886'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-2' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-2'> Is Thailand a good place to start a business?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-2' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Yes, Thailand is suggested as a favorable place to start a business.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lrh4mt5a-e36144c9f4a0b190c01b55ffb732fa06'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-3' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-3'>What are the main options for buying a business in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-3' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Investors can either buy the business outright or purchase only the assets and transfer them to a new company.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lrh4n5y0-4d438943088d38aace74f34c161422df'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-4' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-4'>What are the advantages of buying a business outright?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-4' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Advantages include maintaining existing relationships but also absorbing the company&#8217;s liabilities.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lrh4o19w-c6ff54d73556c79e72f7432d12304a92'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-5' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-5'> Why is inheriting existing contracts beneficial?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-5' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Inheriting existing contracts allows for a smooth transition and continuity of business operations.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lrh4oefs-8d293d3314fe22417acc76d1e54d2609'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-6' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-6'>How does buying a business save time in setting up?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-6' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Acquiring an established business means acquiring an already established infrastructure, saving time and effort.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lrh4oqtn-e7e5e0841f1f2564e0522e3bbf7b7d56'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-7' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-7'>How can buying a business fulfill capital requirements for hiring foreigners?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-7' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>If the existing company has satisfied the capital criteria, new owners can continue to enjoy this benefit without additional payment.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lrh4p1o5-41e6b59596937a5471e32c95c891fb48'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-8' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-8'>What potential liabilities should buyers be aware of?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-8' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Buyers may be liable for undisclosed debts, legal disputes, and the seller&#8217;s actions or misconduct.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lrh4pb9d-b464497d2aea7bf2785ca2e0cfe2b234'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-9' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-9'>What challenges might arise with lease agreements in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-9' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Some lease agreements may only be for 3 years or less, potentially causing issues due to a lack of specific protections for commercial leases.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lrh4pj66-9fe07fbee8b7705cf6a7ca30aa784d80'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-10' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-10'>What is due diligence when buying a business in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-10' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Due diligence involves reviewing registration details, liabilities, financial analysis, contracts, and legal compliance.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lrh4prqm-38238a8b7b688e32243078932f65f216'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-11' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-11'>What elements are typically included in a purchase agreement?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-11' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Elements include party identification, business description, financial terms, sale details, covenants, transfers and obligations, closing process, and warranties.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lrh4q11x-d37f643d3737b5b793e65deb322594f0'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-12' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-12'>What changes to the company\u2019s structure are needed after buying a business?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-12' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Changes may include the transfer of shares and the replacement of company directors.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lrh4qe78-81a6a258ecc8040551170ddaec3fa69a'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-13' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-13'>How do you change company directors in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-13' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>The process involves a board of directors meeting, shareholders&#8217; meeting, director&#8217;s signature, and registration with the Department of Business Development.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lrh4r7w4-f24315095f2453d9b1154cf6c080bed0'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#toggle-id-14' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-14'>What is the process for transferring shares in a Thai company?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-14' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>The process includes executing a share transfer instrument, updating the <a href=\"https:\/\/belaws.com\/thailand\/thai-limited-companies-rights-of-shareholders\/\">shareholders<\/a> register, issuing a <a href=\"https:\/\/belaws.com\/thailand\/types-of-shares\/\">new share certificate<\/a>, and paying stamp duty based on the shares&#8217; paid-up value.<\/p>\n<\/div><\/div><\/div><\/section>\n<\/div>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='after_section_3'  class='main_color av_default_container_wrap container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-12168'><div class='entry-content-wrapper clearfix'>\n<div class='flex_column av-qqtyiz-0d401a2ec3b1be9fe8b6b4ff052340e0 av_one_full  avia-builder-el-102  el_after_av_section  el_before_av_section  avia-builder-el-no-sibling  first flex_column_div '   ><section  class='av_textblock_section av-2jjczv-f8cba9213d57d135389f2377189c4f87'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Related articles<\/h2>\n<\/div><\/section><br \/>\n<div id='av-masonry-1' class='av-masonry av-2fkee3-4b61f3753d1583cb978935c9cff0e570 noHover av-flex-size av-large-gap av-hover-overlay-active av-masonry-animation-active av-masonry-col-3 av-caption-always av-caption-style- av-masonry-entries '><div class=\"av-masonry-container isotope av-js-disabled\"><div class='av-masonry-entry isotope-item av-masonry-item-no-image '><\/div><a href=\"https:\/\/belaws.com\/thailand\/real-estate-crypto-currencies\/\" id=\"av-masonry-1-item-932\" data-av-masonry-item=\"932\" class=\"av-masonry-entry isotope-item post-932 post type-post status-publish format-standard has-post-thumbnail hentry category-blockchain category-cryptocurrency category-legal category-real-estate tag-real-estate  av-masonry-item-with-image\" title=\"Buying real estate in Thailand with crypto-currencies\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\"><div class='av-inner-masonry-sizer'><\/div><figure class='av-inner-masonry main_color'><div class=\"av-masonry-outerimage-container\"><div class='av-masonry-image-container'   ><img decoding=\"async\" width=\"705\" height=\"570\" class=\"wp-image-5399 avia-img-lazy-loading-not-5399\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/105-705x570.png\" title=\"Buying real estate in Thailand with crypto-currencies\" alt=\"Buying real estate in Thailand with crypto-currencies real-estate buy a property in Thailand?\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/105-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/105-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/105-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/105-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/105-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/105-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/105.png 990w\" sizes=\"(max-width: 705px) 100vw, 705px\" \/><\/div><\/div><figcaption class='av-inner-masonry-content site-background'><div class='av-inner-masonry-content-pos'><div class='av-inner-masonry-content-pos-content'><div class='avia-arrow'><\/div><h3 class='av-masonry-entry-title entry-title '  itemprop=\"headline\" >Buying real estate in Thailand with crypto-currencies<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >05\/08\/2021<br \/>\r\nIs it possible to use your crypto to buy a property in Thailand? In theory, yes, but in practice it depends.<\/div><span class='av-masonry-date meta-color updated'>August 15, 2021<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>by bertrand_admin_belaws<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><!--end av-masonry entry--><a href=\"https:\/\/belaws.com\/thailand\/property-tax-in-thailand\/\" id=\"av-masonry-1-item-6159\" data-av-masonry-item=\"6159\" class=\"av-masonry-entry isotope-item post-6159 post type-post status-publish format-standard has-post-thumbnail hentry category-legal tag-real-estate  av-masonry-item-with-image\" title=\"Do landlords have to pay tax in Thailand?\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\"><div class='av-inner-masonry-sizer'><\/div><figure class='av-inner-masonry main_color'><div class=\"av-masonry-outerimage-container\"><div class='av-masonry-image-container'   ><img decoding=\"async\" width=\"705\" height=\"570\" class=\"wp-image-6157 avia-img-lazy-loading-not-6157\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/02\/136-705x570.png\" title=\"Do landlords have to pay tax in Thailand?\" alt=\"Property Tax in Thailand Do landlords have to pay tax in Thailand? Property Taxes\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/02\/136-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/02\/136-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/02\/136-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/02\/136-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/02\/136-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/02\/136-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/02\/136.png 990w\" sizes=\"(max-width: 705px) 100vw, 705px\" \/><\/div><\/div><figcaption class='av-inner-masonry-content site-background'><div class='av-inner-masonry-content-pos'><div class='av-inner-masonry-content-pos-content'><div class='avia-arrow'><\/div><h3 class='av-masonry-entry-title entry-title '  itemprop=\"headline\" >Do landlords have to pay tax in Thailand?<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >07\/02\/2022<br \/>\r\nPurchasing real estate for the purpose of earning rental income is a popular form of investment for many people.<\/div><span class='av-masonry-date meta-color updated'>February 7, 2022<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>by bertrand_admin_belaws<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><!--end av-masonry entry--><a href=\"https:\/\/belaws.com\/thailand\/can-foreigners-own-land-in-thailand\/\" id=\"av-masonry-1-item-6564\" data-av-masonry-item=\"6564\" class=\"av-masonry-entry isotope-item post-6564 post type-post status-publish format-standard has-post-thumbnail hentry category-legal tag-real-estate  av-masonry-item-with-image\" title=\"Can foreigners own land in Thailand?\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\"><div class='av-inner-masonry-sizer'><\/div><figure class='av-inner-masonry main_color'><div class=\"av-masonry-outerimage-container\"><div class='av-masonry-image-container'   ><img decoding=\"async\" width=\"705\" height=\"570\" class=\"wp-image-6565 avia-img-lazy-loading-not-6565\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Owning-land-in-Thailand-square-705x570.png\" title=\"Can foreigners own land in Thailand?\" alt=\"Can foreigners own land in Thailand?\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Owning-land-in-Thailand-square-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Owning-land-in-Thailand-square-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Owning-land-in-Thailand-square-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Owning-land-in-Thailand-square-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Owning-land-in-Thailand-square-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Owning-land-in-Thailand-square-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Owning-land-in-Thailand-square.png 990w\" sizes=\"(max-width: 705px) 100vw, 705px\" \/><\/div><\/div><figcaption class='av-inner-masonry-content site-background'><div class='av-inner-masonry-content-pos'><div class='av-inner-masonry-content-pos-content'><div class='avia-arrow'><\/div><h3 class='av-masonry-entry-title entry-title '  itemprop=\"headline\" >Can foreigners own land in Thailand?<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >01\/04\/2022<br \/>\r\nForeigners can own condominiums (as long as 51% of the total units are Thai owned), but cannot own land.<\/div><span class='av-masonry-date meta-color updated'>April 1, 2022<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>by jonathan<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><!--end av-masonry entry--><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-mw4lq3-4d1f7b909685b16735a77d3969f438e4\">\n#top .hr.hr-invisible.av-mw4lq3-4d1f7b909685b16735a77d3969f438e4{\nheight:160px;\n}\n<\/style>\n<div  class='hr av-mw4lq3-4d1f7b909685b16735a77d3969f438e4 hr-invisible  avia-builder-el-105  el_after_av_masonry_entries  el_before_av_hr  avia-builder-el-first '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-2t7ggu-2a4c1573616b55e3f23896ce5c09b120\">\n#top .hr.hr-invisible.av-2t7ggu-2a4c1573616b55e3f23896ce5c09b120{\nheight:160px;\n}\n<\/style>\n<div  class='hr av-2t7ggu-2a4c1573616b55e3f23896ce5c09b120 hr-invisible  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av-equal-height-column av-align-top '   ><section  class='av_textblock_section av-1e8yb7-3b840758fc44347df09b0303516e7352'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='av-medium-hide av-small-hide av-mini-hide avia_textblock h3_bleu_clair2'  itemprop=\"text\" ><h3 style=\"text-align: right;\">Subscribe today<\/h3>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-c06ivn-1fe9621df953f6d43619da5ba7fe71a0'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='av-desktop-hide avia_textblock h3_bleu_clair2'  itemprop=\"text\" ><h3 style=\"text-align: center;\">Subscribe today<\/h3>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-b1k61v-6c0608b6b04acd6bbff0b238542718dd'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='av-medium-hide av-small-hide av-mini-hide avia_textblock text_18' 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