Quote:
Originally Posted by funboi
How many house u bought over the decade???
Haiz then the dummy corp selling soaps go soapies right. 55555
Hey your name start with letter "S" right?
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Your dummy corp must have at least 51% thai ownership.
So unless u find a trustworthy business partner, put thai wife name as property owner sounds the wiser choice.
There are ways to have the minority owner of the corp have executive control of the company. But ownership-wise your thai business partner, be it real or fake, would still have the legal rights to claim up to his/her % share of the economic rights of the company.
Example: U find a thai business partner, open a thai dummy company. U tell him just put his name in to help u open a company, no liabilities to him. U paid for 100% of the property purchase.
Buy a house, put under the thai corp's name. Thai business partner has 51% share of the corp.
When the company sells the property, your business partner, though paid 0 cent for the property, can go to court and claim up to his share (51%) of the sales proceeds. If he wanna fuck u up.