Hi Everybody
Can a person with a retired visa open a business in Taylan?
If so, what are the conditions?
I heard that 49% of a business opened should be owned by you and 51% by a Thai person?
If this is true, is the 51% Thai share divisible by 3 or 4?
TLDR : Answer Summary
A person on a retirement visa in Thailand is not allowed to work, which raises questions about their ability to open a business. According to the comments, while a foreigner can own 49% of a business, there are significant considerations regarding the Thai ownership of 51%. It's suggested that having multiple Thai partners might help distribute control more effectively rather than having a single partner with majority ownership.
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