Duties of Directors in a Thai Limited Company
I read an article in Lexology about directors' duties in a Thai Limited Company.
What is a Limited Company? This is a company with a capital divided into shares, just like a BV in the Netherlands. Then you have duties as a director, and even directors' liability if you make a mess of it or commit fraud. This liability is both civil and criminal.
It is an interesting article and I can assume that anyone who is a director somewhere has acquired that knowledge. However?
I'm not going to dissect the article; I am not a lawyer, my profession was tax law. For those who are interested, I give it to read in this link:
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About this blogger
- Built in 1946. Nicknamed 'Running tax almanac' and worked in that profession for 36 years. Moved to Thailand at 55. Disability forced him from his family in Nongkhai to a house with home care and mobility scooter in Súdwest-Fryslân.
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