How can I open a business with a Thai partner and obtain a business visa in 6 months?

So you Wil give thai person 51% if you go one and one.

If you do with two thai. You keep 49%. One get 26% one get 25%. This way you don't lose your shirt. Yet a lawyer as you will need. Everyone else will give you other advice.

I'd say find two thai silent partners. Like I sadi that way you keep the leverage

You gotta tell us if you are American or not. If so things will be much eaiser. But talk to a visa agency, they will find "creative" ways for you to open a business.

There are lawyers and they will sort out everything for you, they will charge you around 150k baht to 200k baht.

They will arrange all the paper works for you , you won't have to worry about finding directors or finding 4 employers to get work permit. They will arrange everything for you and you will have a right to start business in Thailand.

Now things what you will need in real if you are really interested in starting business is a place where you want to sell your service , product etc.

Let's say an example of portable coffee cafe will cost you 75k baht and a shop or place will cost you 6k baht to 16k baht depends on the place and then equipments for serving customers like furniture & crockery etc so let's say 15k baht.

So just keep in mind that any small business will cost you minimum 100k to 150k baht.

So the conclusion is almost like this.

● Lawyer service : 150k baht to 200k baht. ( this will include all the things foreigner needs in order to open a company,work and stay in thailand.

● Shop or place for rent : 6k baht to 16k baht ( mostly owner charge first 3 or 4 months rent in advanced)

● The business model cost : 100 k to 150k baht. ( any small food cart,portable coffee shop ,printing & photocopy centre,small fruits store or small phone accessories store, or laptop & phone repairing service etc).

Note : The business model depends on your idea as how much you wanna spend to start business with.It's all upto you whether it's an ecommerce business or a physical business.

You will get the estimate of it by your own calculation according to your idea that from how much income you wanna start the specific business.

You will have to pay tax as well and this service is also provided by lawyers, they will cost you 1000 baht to 3000 baht depends on the price of the accountant provided by the lawyer or you can do it later by yourself as well once you get used to taxation in Thailand.

You need 2 Thai directors, not just one. They also have to actually be investors in the company, not just nominees which is illegal.

The company will have to have at least 4 full time Thai employees before it qualifies to sponsor a foreigner for a work permit, and the business must also have 2 million baht in registered capital. To me that doesn't seem like a small investment, but I guess some people have a lot of money.