Amity Treaty Company

American Citizens can own 100% of a Thai company under the Amity Treaty

Our clients require a simple explanation of this company type that is often over complicated and misunderstood.  Simply stated an Amity Treaty company is available only to American Citizens. The benefits of an Amity Treaty company are:

1)100% ownership of the company for American citizens. An American person can own a sole proprietorship but must have two people who are either American or Thai to hold two shares. Three people are required to organize the company.  If you were to issue 1000 shares of common stock, 9998 shares to yourself and issued 2 shares to two other people, 1 share each, they would only own .02% of your company.

2) An Amity treaty company is allowed to operate in many areas otherwise closed to foreigners with the following exceptions: communications transportation, fiduciary functions banking including deposit functions, land ownership, exploitation of land or other natural resources, and domestic trade in indigenous agricultural products.

Thailand Law Center is an Amity Treaty Company. When creating Thailand Law Center it was our preference not to give 51% ownership of the company to Thai citizens.

This is for advertising purposes only. This website is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.