What alternatives are there to a company?

Posted Wed, Apr 17, 2024 4:25 AM

We wish to inform you of the possibility of establishing a non-profit organization, such as a foundation. However, it is crucial to note that this process requires a substantial amount of additional information and qualifications. Should you be interested in pursuing this option, we encourage you to reach out to us for further guidance. Please do not hesitate to contact us directly for any inquiries or to schedule a consultation.

Posted Wed, Apr 17, 2024 5:59 AM

You have the option of setting up a Thai foundation as the formal entity under which to conduct these activities.  I would be very happy to provide you with an initial free consultation to better understand your needs and explain the requirements and mechanics of setting up a Thai foundation.  You may contact us directly

Posted Thu, Apr 18, 2024 12:33 PM

In Thailand, there are several options available for establishing a non-profit organization (NPO) or a non-governmental organization (NGO) with objectives similar to what you have described. These options include:

Foundation: Foundations are one of the most common forms of non-profit organizations in Thailand. They are established to promote charitable, educational, or other socially beneficial activities. Foundations must have a specific purpose stated in their articles of association, such as supporting artistic projects for social change.

Association: Associations are another type of non-profit organization that can be formed to pursue common interests or activities. They are typically membership-based and governed by a board of directors or committee. Associations can be formed for a wide range of purposes, including social welfare, education, or cultural activities.

Social Welfare Organization: Social welfare organizations are established to provide assistance and support to disadvantaged or vulnerable groups in society. They focus on addressing social issues and improving the well-being of individuals and communities. Social welfare organizations often work on projects related to education, healthcare, or poverty alleviation.

Each of these options has its own set of requirements and regulations, and the choice of structure will depend on factors such as the specific objectives of your organization, the activities you plan to undertake, and your preferences regarding governance and membership

Posted Tue, Apr 23, 2024 9:11 AM

You could consider forming a foundation in which you would be required to have a foundation fund or assets. Otherwise, an association would be the ideal.